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May 24, 2022

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Shareholders back Shell’s climate strategy after raucous meeting

Reuters
LONDON, May 24 (Reuters) – Shareholders backed Shell’s (SHEL.L) climate strategy in a meeting on Tuesday that was disrupted by dozens of climate protesters, while a climate activist proposal from the Follow This group received fewer votes than last year. It followed a Dutch court ruling in May 2021, telling......

Palantir, Trafigura aim to track carbon emissions for the oil industry

Reuters
The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May 24 (Reuters) – Palantir Technologies Inc (PLTR.N) and global commodities trader Trafigura have set......

Quad leaders vow free and open Indo-Pacific, action on climate

Reuters
TOKYO, May 24 (Reuters) – The four leaders of the “Quad” group of countries vowed on Tuesday to work together for a free and open Indo-Pacific region and to fight climate change, as they met for talks aimed at standing up to an increasingly assertive China. U.S. President Joe Biden,......

Swiss Re, UBS among founding buyers in carbon removal scheme

Reuters
LONDON, May 23 (Reuters) – Insurance firm Swiss Re (SRENH.S) and banking giant UBS (UBSG.S) are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere. Even with pledges of huge reductions......

Climate change is hurting insurers, report says

Reuters
LONDON, May 17 (Reuters) – Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday. Insured losses from natural catastrophes have increased 250% in the last 30 years, with......

Canadian board recommends rejection of Baffinland bid to mine more iron

Reuters
May 13 (Reuters) – A Canadian review board on Friday cited environmental concerns as it recommended the government reject Baffinland Iron Mine Corp’s request to double production at its Mary River iron ore mine on Nunavut’s Baffin Island, a C$1.3 billion project that has divided the Inuit community. The Nunavut......

Nine U.S. Gulf Coast refineries exceeded federal benzene levels -study

Reuters
HOUSTON, May 12 (Reuters) – Nine U.S. Gulf Coast refineries exceeded the federal regulatory action level between 2018 and 2020 for pollution from benzene, which causes cancer, according to a study by the Environmental Integrity Project (EIP) released on Thursday. The nine are among 56 U.S. refineries with high benzene......

New Mexico ‘megafire’ could more than double in size -official

Reuters
TAOS, N.M., April 30 (Reuters) – A drought-driven wildfire in northern New Mexico exploded into a “megafire” of 100,000 acres, or 157 square miles, on Saturday and could still more than double in size, a fire official said. Fueled by ferocious spring winds in parched mountain forests, the Calf Canyon......

Satellites detect California cow burps, a major methane source, from space

Reuters
WASHINGTON, April 29 (Reuters) – Satellites have detected methane emissions from belching cows at a California feedlot, marking the first time emissions from livestock – a major component of agricultural methane – could be measured from space. Environmental data firm GHGSat this month analyzed data from its satellites and pinpointed......

Largest U.S. wildfire rages out of control in New Mexico

Reuters
The Calf Canyon fire burns in mountains south of Mora, New Mexico, U.S. April 25, 2022. REUTERS/Andrew Hay Register now for FREE unlimited access to Reuters.com Register MORA, N.M., April 29 (Reuters) – Firefighters in New Mexico failed on Friday to pin back the flames of the United States’ largest......

German-funded consortium to develop ‘battery passport’ for Europe

Reuters
BERLIN, April 25 (Reuters) – A German-funded consortium of carmakers and battery producers, including BMW (BMWG.DE), Umicore (UMI.BR) and BASF (BASFn.DE), is to develop a “battery passport” that traces the content and carbon footprint of batteries in Europe, Germany’s economy ministry said on Monday. The consortium of 11 partners has......

Britain moves ahead with mandatory climate plans for companies

Reuters
Activists from the Extinction Rebellion drape a banner across Marble Arch as part of a protest in central London, Britain, April 16, 2022. REUTERS/Henry Nicholls/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, April 25 (Reuters) – Britain unveiled a new taskforce on Monday to write rules......

On Earth Day, climate activists call for ban on buying Russian oil

Reuters
Campaigners demand EU sanctions on Russian oil and gas Some European states oppose ban for fear of economic hit Protests in Berlin, Warsaw, Brussels, Lviv, New York BRUSSELS, April 22 (Reuters) – Climate change campaigners held a wave of protests for Earth Day on Friday, pushing demands such as an......

Hong Kong zero-COVID policies create mountains of plastic waste

Reuters
HONG KONG, April 19 (Reuters) – Hong Kong arrivals meet plastic everywhere in quarantine hotels: Remote controls are wrapped in cellophane, pillows are encased in plastic bags, food comes with plastic cutlery. Hong Kong’s strict quarantine policies – intended to halt COVID-19 at the border and in the community –......

Tunisia says countries offer help to tackle impact of fuel ship’s sinking

Reuters
TUNIS, April 17 (Reuters) – Some countries have offered to help Tunisia prevent damage to the environment after a merchant ship carrying up to one thousand tonnes of oil sank off the coast of Gabes, the Tunisian defence ministry said on Sunday. The ship heading from Equatorial Guinea to Malta......

French police fire tear gas as anti far-right protesters march in Paris

Reuters
A placard reading, “Neither Le Pen nor Macron” is seen during a demonstration against far-right, racism and fascism ahead of the second round of the 2022 presidential election, in Paris, France, April 16, 2022. REUTERS/Sarah Meyssonnier PARIS, April 16 (Reuters) – French security forces briefly fired tear gas in Paris......

Climate change protesters block central Paris square to protest election choices

Reuters
PARIS, April 16 (Reuters) – Climate change activists forced the closure of a main square in central Paris on Saturday to protest against the environmental programmes put forward by France’s remaining presidential candidates. The Extinction Rebellion (XR) had said on its website that it planned to block a major Parisian......

Japan’s SMFG, Tepco, Mitsubishi face activist climate votes at AGMs

Reuters
TOKYO, April 13 (Reuters) – Big Japanese firms including Sumitomo Mitsui Financial Group (8316.T), Tokyo Electric Power (Tepco) (9501.T) and Mitsubishi Corp (8058.T) will face resolutions from activist shareholders urging greater commitment to tackling climate change at their annual meetings this year. Five climate activist groups, including Japan’s Kiko Network......

Ferrero asks Americans to dispose of some Kinder products over Salmonella fears

Reuters
Kinder Surprise chocolate eggs, a brand of Italian confectionary group Ferrero, are seen on display in a supermarket in Islamabad, Pakistan July 18, 2017. REUTERS/Caren Firouz Register now for FREE unlimited access to Reuters.com Register April 12 (Reuters) – Ferrero on Tuesday asked U.S. consumers to dispose of some Kinder......

EU could revisit renewable targets in push to quit Russian energy, climate policy chief says

Reuters
Vice President of the European Commission, Frans Timmermans, gestures during the Meeting of College of Commissioners at the European Parliament in Strasbourg, France, 18 January 2022. Julien Warnand/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register CAIRO, April 10 (Reuters) – The European Union may set......

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