Five of the top Big Oil companies in the world were expected to pay shareholders over $100 billion for 2023. The estimated 2023 payouts from BP, Shell, Chevron, ExxonMobil and TotalEnergies were on track to surpass the dividend payments and share buybacks from 2022, which reached $104 billion, according to the Institute for Energy Economics […]
As flooding becomes more common due to the shifting and strengthening weather patterns and sea-level rise associated with climate change, so does climate migration. New research by the First Street Foundation (FSF) has combined historic population change trends with flood risk data to reveal climate migration patterns happening in areas with high flood risk across […]
The Biden administration has announced a proposal to conserve and restore old-growth trees in United States national forests. If adopted, the proposal would expand logging restrictions as part of an executive order issued on Earth Day 2022 to safeguard national forests. The protections would be a natural remedy for tackling the effects of climate change, […]
According to a new analysis by Travel Smart, a campaign by the European Federation for Transport and Environment, about half of over 200 global business firms reduced their business-related travel emissions by over 50% from 2019 to 2022. Much of this reduction in emissions could be attributed to less air travel since the pandemic. The […]
The Canadian province of Ottawa is planning to announce new automobile regulations — the Electric Vehicle Availability Standard — this week, while the Canadian government is set to unveil a requirement that all new cars must be zero emissions by 2035, according to a senior government source, as Reuters reported. The Electric Vehicle Availability Standard […]
Demand for coal is predicted to decline beginning in 2026, according to the most recent coal market report — Coal 2023 Analysis and forecast to 2026 — from the International Energy Agency (IEA). It is the first time the report has projected a drop, a press release from the IEA said. “Today, coal remains the […]
Denmark’s government announced that it is introducing a green tax on air travel, to be phased in starting in 2025. The tax will be added to plane tickets, and the country is encouraging other European Union member states to follow its lead, reported AFP. “The transport sector is currently undertaking a rapid green transition, and […]
Brazil’s Congress has overturned President Luiz Inacio Lula da Silva’s veto that had struck down the heart of a bill — backed by the farm lobby — to limit Indigenous land claims, setting the stage for a likely Supreme Court battle. The case surrounded claims to Indigenous ancestral lands that the bill stipulated needed to […]
If you’re looking to lower your carbon footprint, one of the best things you can do is to eat less beef or eliminate it from your diet. That’s because when cows burp, they release methane into the atmosphere, a greenhouse gas with a global heating potential of 28 to 34 times that of carbon dioxide […]
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