Category: Climate
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Drought in Brazil, Vietnam highlight climate change’s impact on coffee: experts
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Breadcrumbs Path Links BMW PMN Business Article author: Canadian Press Rosa Saba Published on September 25, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. Workers sort and grade coffee beans at a coffee factory…
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New York Is Hosting the Unofficial Climate Summit of the Year
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Breadcrumb Trail Links PMN Business Climate Week NYC will be drawing in bankers and diplomats who usually show up at the United Nations’ annual climate summits. Author of the article: Bloomberg News Bloomberg Green Published Sep 22, 2024 • 9 minute read You can save this article by registering for…
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Tom Steyer of Galvanize Climate Solutions is funding technology to save the planet
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On this episode of Fortune’s Leadership Next podcast, host Diane Brady talks to Tom Steyer, co-executive chair of Galvanize Climate Solutions. A former hedge fund manager and candidate for president in the 2020 race, Steyer is now focused on investments in innovations in the climate space. The conversation ranges over topics from China, electric…
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9/11-era security measures and climate change put thousands at risk from dams
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Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for flood insurance or fail to recognize the danger posed by levees built over their homes and businesses, according to an Associated Press review of federal records and data. The problem stems from a complex set…
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Greenpeace files supreme court case accusing Finland of climate inaction
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A group of environmental and human rights organizations said Thursday they are suing the Finnish government for violating the country’s climate legislation by not taking enough action to meet climate targets. In a statement, the six organizations noted that in 2022, Finland adopted “one of the strongest net-zero climate targets…
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Delays impact 40% of Biden administration’s biggest climate projects – FT (NASDAQ:ICLN)
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GetYourPic/iStock via Getty Images According to a report by the International Finance Corporation, about 40% of projects announced in the first year of implementation of the Biden administration’s industrial and climate infrastructure spending policies have been delayed or temporarily halted. Financial Times The investigation was published this week. Inflation Reduction…
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Goldman Sachs’ fund division to leave climate investor group By Reuters
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By Ian Withers and Simon Jessop LONDON (Reuters) – Goldman Sachs Fund Management is to withdraw from investor outreach group Climate Action 100+, joining other financial services firms that have pulled out amid a political backlash in the United States. Members of global climate-focused coalitions in the United States have…
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BASIC bloc slams ‘leadership void’ on climate change, finance By Reuters
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By David Stanway SINGAPORE (Reuters) – Rich nations have left a “leadership vacuum” in climate policy and should provide trillions of dollars to help developing countries cut greenhouse gas emissions, the Group of 10 rich nations including Brazil, South Africa, India and China said late on Wednesday. Ministers from the…
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Where Harris and Her Potential Running Mates Stand on Climate Change
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Breadcrumbs Path Links PMN Business If Kamala Harris wins the Democratic nomination, Gretchen Whitmer and Josh Shapiro are among the candidates who could be her vice presidential picks. Article author: Bloomberg News Matthew Griffin, Alexander Patel Abdel Aal and Leslie Kaufman Published on July 22, 2024 • Read for 4…
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A potential disaster for climate and US-UK relations
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The announcement that J.D. Vance has been selected as Donald Trump’s running mate in the 2024 presidential election isn’t just another headline — it’s a potential turning point with far-reaching implications for both America and the world. JD Vance’s strong support for the oil and gas industry and his outright…
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Analysts say Supreme Court’s Chevron ruling may limit action on climate, EVs
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imaginima/iStock via Getty Images The recent ruling by the US Supreme Court striking down the Chevron Doctrine creates Legal and regulatory uncertainty regarding regulated facilitiesThis could make it harder for the federal government to address climate change, Moody’s credit rating agency said last week. “lack of “The lack of clarity…
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Protests at Citigroup HQ over Israel and climate change reach fever pitch
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Citigroup Inc. urged employees not to get drawn into brawls with protesters targeting the bank’s New York headquarters, a sign that a prolonged activist campaign is beginning to affect employees and executives alike. Climate activists have sought to close the entrance to the bank’s main office since early June Video…
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Tiger mosquitos, Asian hornets and bed bugs: What climate change means for Europe’s ‘pest demographics’ haunting the Paris Olympics
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About an hour outside of Vienna, the Benny Market in Krems an der Donau prides itself on two things: low prices, and the freshest source of meat and produce. But on a balmy August day last year, shoppers looking for a locally sourced bargain found a more unusual, if less…
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Climate change makes India’s monsoons erratic. Can farmers still find a way to prosper?
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Breadcrumb links BMN Business Article writer: Associated Press Sibi Arasu Posted on June 21, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content BENGALURU, India (AP) — Every year from June to September, a…
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The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’
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Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard Arnault. Floating palaces are a source of magic and secrecy – and greenhouse gas emissions. The greenhouse effect pollution caused by luxury vessels, which benefit so few superyachts, has prompted sociologist Gregory Salle…
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India’s Climate Dilemma Will Hang Over Modi’s Next Five Years
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Breadcrumb links PMN works Prime Minister Narendra Modi, who heads into his third term with a weak mandate, wants India to embrace a new “green age” at the forefront of climate diplomacy and clean technology. Article writer: Bloomberg News Rajesh Kumar Singh and Lou Del Bello Published on June 08,…
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As the climate heats up, meteorology emerges as the new hot degree on Wall Street
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When Kim Bentzen graduated with a degree in meteorology in the 1990s, the only career path he saw was the National Meteorological Service in Denmark, and going into finance was never on his radar. After five years in the government meteorological service and two stints working in sales at other…
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Vermont is first state to pass law requiring Big Oil to pay for climate change damage
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spooh Vermont this week became the first U.S. state to pass a law requiring oil and gas companies to pay for climate change-related damages caused by their emissions, a move that is sure to trigger legal challenges from the energy industry. Gov. Phil Scott allowed the bill to become law…