Nationwide power outage in Sri Lanka due to a system failure – government official

Nationwide power outage in Sri Lanka due to a system failure – government official

A crow is seen in front of Lotus Tower, Sri Lanka’s tallest building in Colombo, Sri Lanka, July 30 , 2022. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights COLOMBO, Dec 9 (Reuters) – Sri Lanka is experiencing a countrywide power outage due to a system failure, a government official said on Saturday. Ceylon Electricity Board (CEB), … Read more

With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum

With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum

BUENOS AIRES/BEIJING, Dec 7 (Reuters) – Argentina’s President-elect Javier Milei has a China conundrum. The libertarian economist insulted communist-run China in a fiery campaign, but takes office on Sunday needing the country’s second-largest trade partner more than ever as a recession looms and foreign currency reserves run dry. Since he won the Nov. 19 election, … Read more

Biden to target Republican Boebert as he talks wind energy in Colorado

Biden to target Republican Boebert as he talks wind energy in Colorado

[1/5]U.S. President Joe Biden delivers remarks at CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023. REUTERS/Evelyn Hockstein Acquire Licensing Rights DENVER, Nov 29 (Reuters) – President Joe Biden will tout his economic and clean energy policies on Wednesday in Colorado while taking on right-wing Republican U.S. … Read more

COP28 summit: Future of fossil fuels center stage at climate talks

COP28 summit: Future of fossil fuels center stage at climate talks

U.N.’s COP28 summit begins Thursday in Dubai Countries will debate phase-out of fossil fuels Oil-rich UAE under pressure to broker climate deal Rift over oil and gas sector’s role in climate fight WASHINGTON/BRUSSELS/DUBAI, Nov 29 (Reuters) – Delegates from nearly 200 countries will convene this week for the COP28 climate summit in Dubai, where conference … Read more

New York gets $24 mln federal funding to bolster electric grid

New York gets $24 mln federal funding to bolster electric grid

The One World Trade Center building stands amid the Manhattan skyline in New York City, U.S., July 26, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing Rights Nov 27 (Reuters) – New York has been awarded nearly $24 million in federal funding to strengthen and improve the state’s electric infrastructure in order to minimize the effects of … Read more

Iceland prepares to shield geothermal plant from risk of volcanic eruption

Iceland prepares to shield geothermal plant from risk of volcanic eruption

[1/6]Streetworks continue, after cracks emerged on a road due to volcanic activity near Grindavik, Iceland obtained by Reuters on November 14, 2023. Road Administration of Iceland via Facebook/ Handout via REUTERS Acquire Licensing Rights GRINDAVIK, Iceland, Nov 14 (Reuters) – Icelandic authorities were on Tuesday preparing to build defence walls around a geothermal power plant … Read more

Category 4 hurricane Otis spreads over Mexico’s southern coast

Category 4 hurricane Otis spreads over Mexico’s southern coast

[1/4]Members of the federal forces chat as they keep watch at a beach as Hurricane Otis barrels towards Acapulco, Mexico, October 24, 2023. REUTERS/Javier Verdin Acquire Licensing Rights ACAPULCO, Mexico, Oct 25 (Reuters) – Hurricane Otis reached Mexico’s southern coast on Wednesday, with damaging hurricane winds from the now Category 4 storm spreading inland over … Read more

Western rival to Belt and Road has much to prove

Western rival to Belt and Road has much to prove

LONDON, Sept 25 (Reuters Breakingviews) – Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is drowning in bad debts and may be about to lose Italy, the only big rich democracy which is a member. The People’s … Read more

Sunak delays UK petrol car ban, seeking voter support on climate

Sunak delays UK petrol car ban, seeking voter support on climate

Sunak delays petrol car ban by 5 years Eases targets on heating, insulation Says UK is committed to overall 2050 net zero target Businesses complain over changing targets LONDON, Sept 20 (Reuters) – Prime Minister Rishi Sunak watered down Britain’s plans to tackle climate change on Wednesday, saying he would delay a ban on sales … Read more

US Treasury: Financiers’ ‘net zero’ pledges must align with temperature limits

US Treasury: Financiers’ ‘net zero’ pledges must align with temperature limits

[1/3]U.S. Treasury Secretary Janet Yellen speaks during an interview in New York City, U.S., September 18, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing Rights NEW YORK, Sept 19 (Reuters) – “Net-zero” financing commitments from banks and asset managers should align with goals to limit the global average temperature increase to 1.5 degrees Celsius and be backed … Read more