Barbados has secured the world’s first “debt-for-climate” swap to finance crucial water and sewage projects that will help the island cope with the destructive impacts of climate change. Through a deal with international funding partners, the Caribbean island nation was able to replace outstanding debt with less expensive financing, which generated a savings of $125 […]
President-elect Donald Trump has expressed his intention to do away with what he has referred to as the “electric vehicle mandate” — a federal tax credit of $7,500 for people who purchase electric vehicles (EVs) in the United States, reported AFP. If Trump decides to end the EV rebate, California Governor Gavin Newsom has pledged […]
Solarcycle, a company handling end-of-life solar panels, is opening a new solar panel recycling facility in Cedartown, Georgia. According to the company, the upcoming 5-gigawatt facility will span 255,000 square feet and will eventually have the capacity to recycle around 10 million old solar panels annually, or as much as 30% of the country’s retired […]
Cruise ships are producing higher levels of toxic air pollutants than they did before the pandemic, according to a new study by the European Federation for Transport and Environment (T&E). The analysis, “Europe’s luxury cruise ships emit as much toxic sulphur as 1bn cars,” found that despite the introduction of a sulphur cap four years […]
In an agreement struck during overtime at the United Nations COP29 Climate Conference in Baku, Azerbaijan, on Sunday, the world’s wealthiest nations agreed to a combined annual contribution of at least $300 billion to assist developing nations with tackling the impacts of the climate crisis. Developing nations had sought more than $1 trillion per year […]
In 2019, a group of major companies from around the world agreed to form the Alliance to End Plastic Waste (AEPW), an alliance that set out to reduce the amount of plastic flowing into the environment by around 15 million metric tons by the end of 2023. But according to a new report by Unearthed, […]
COP29 talks, including the landmark deal on “transitioning away from fossil fuels” agreed upon at last year’s negotiations, had to be prevented from collapse after Saudi Arabia and other developing countries expressed opposition. Over the weekend, nations failed to come to an agreement and it was decided that talks would be postponed until next year, […]
A new report by the Net Zero Industrial Policy Lab at Johns Hopkins University explains the high cost that would come to the U.S. if the incoming Trump administration repeals existing climate policies. According to the report, Donald Trump’s plans to undo climate policies would cost the U.S. billions of dollars. Rolling back policies such […]
Chief Executive Officer of the United Nations COP29 Climate Change Conference Elnur Soltanov has been recorded by Global Witness apparently agreeing to help facilitate fossil fuel industry deals at the summit, reported The Guardian. A member of the campaign organization posed as a fake oil and gas representative offering to sponsor the event in exchange […]
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