Climate

Extreme weather, including intense droughts, in top coffee-growing countries such as Brazil and Vietnam has led to some of the highest coffee prices in decades. As Reuters reported, prices for coffee futures reached a 47-year high of $3.3545 per pound for Arabica coffee on the Intercontinental Exchange, Inc. (ICE) and prices for this commodity rose […]

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 […]

Following the recent United Nations biodiversity and climate conferences, the 16th Conference of the Parties (COP16) of the UN Convention to Combat Desertification (UNCCD) began Monday in Riyadh, Saudi Arabia, with the goal of tackling drought, desertification and land degradation. The UN has found that, in order to restore the planet’s degraded lands and prevent […]

Efforts by nations to come to an agreement on a global plastics treaty failed on Monday. While more than 100 countries sought to put a limit on the world’s plastics production — in addition to tackling recycling and cleanup — oil and gas companies were only prepared to address the problem of plastic waste. The […]

Nearly half of climate experts — 44 percent — believe China’s carbon dioxide emissions may have already peaked, or will peak in 2025 at the latest, according to a new report from think tank Centre for Research on Energy and Clean Air (CREA). China’s carbon emissions are also on track to increase slightly this year, […]

According to the U.S. Environmental Protection Agency’s (EPA) 50th annual Automotive Trends Report, model year (MY) 2023 electric and plug-in hybrid vehicles have led to an 11% decline in carbon dioxide emissions from new vehicles. The report noted that fuel economy reached a record high and greenhouse gas emissions from new vehicles reached a record […]

All over the world, floods have been increasing in frequency and intensity due to climate change. A new study led by researchers at University of British Columbia (UBC) shows that protecting key ecosystems across Canada could reduce the risk of flooding in over half of urban areas in the country that are at high risk. […]

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 […]