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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
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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
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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
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[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