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    Brazil Fines Meat Ranchers and Packers $64M for Raising and Purchasing Cattle From Deforested Amazon Rainforest

    Brazil Fines Meat Ranchers and Packers $64M for Raising and Purchasing Cattle From Deforested Amazon Rainforest

    IBAMA, Brazil’s environmental protection agency, has fined meat packers and cattle ranchers — including the largest on the planet, JBS — $64 million for buying or raising cattle on illegally deforested land in the Amazon rainforest. The agency said 69 properties had been identified that had sold a total of 18,000 cattle who had been […]

    1 in 3 Tree Species Worldwide at Risk of Extinction, Report Finds

    1 in 3 Tree Species Worldwide at Risk of Extinction, Report Finds

    The world’s trees — the lungs of our planet and the foundation of many ecosystems — are in trouble. According to the first Global Tree Assessment, 38 percent of tree species are at risk of extinction. The assessment, led by Botanical Gardens Conservation International and the International Union for Conservation of Nature (IUCN) Species Survival […]

    World Meteorological Organization Reports Record High Emissions for 2023

    World Meteorological Organization Reports Record High Emissions for 2023

    Yet again, global greenhouse gas emission concentrations have risen to record highs for 2023, according to a new report by the World Meteorological Organization (WMO). In particular, atmospheric carbon dioxide is reaching a record pace as it soars to new highs, with the amount of carbon dioxide emissions accumulating in the atmosphere reaching an 11.4% […]

    Planet Will Warm as Much as 3.1°C Under Current Policies: UN Report

    Planet Will Warm as Much as 3.1°C Under Current Policies: UN Report

    Without greater action, the planet will warm as much as 3.1 degrees Celsius by the end of the century, according to the latest United Nations Environment Programme (UNEP) Emissions Gap Report: No more hot air … please!. In the coming round of Nationally Determined Contributions (NDCs), countries must commit to slashing their collective yearly greenhouse […]

    Utility-Scale Battery Storage in U.S. Increasing Rapidly, EIA Finds

    Utility-Scale Battery Storage in U.S. Increasing Rapidly, EIA Finds

    According to a recent report from the U.S. Energy Information Administration (EIA), utility-scale battery storage capacity is quickly growing, with capacity reaching 20.7 gigawatts by July 2024 and 21.4 gigawatts as of August 2024. In 2010, the U.S. had just 4 megawatts of battery storage capacity, and that number remained relatively unchanged until 2020. But […]

    Transition to EVs Will Lead to ‘Fundamental Transformation’ of Global Auto Industry, IMF Says

    Transition to EVs Will Lead to ‘Fundamental Transformation’ of Global Auto Industry, IMF Says

    As part of its most recent World Economic Outlook, the International Monetary Fund (IMF) has said the transition to electric vehicles will have “far-reaching” effects on production, investment, global trade and employment. The new analysis was released in tandem with annual meetings of the World Bank and IMF this week, where efforts to finance the […]