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I’m asking BP to take its share of responsibility for my son’s death, and will take it to UK court if I have to | Hussein Julood
Ali died of cancer last year. He was 21, and had to live in the choking smoke of the Rumaila oilfield
A year has passed since my beautiful boy Ali Julood died. Not a day goes by when I do not think of him smiling and playing football with his friends outside. Those days are gone. As a father, that gives me great pain.
Ali was diagnosed with leukaemia at the age of 15. The cancer caused him to drop out of school, leave his football team and spend years undergoing painful medical treatment. He died at the age of 21 on 21 April 2023.
Continue reading...Veteran carbon, energy sales trader moves on from Canadian bank after 15 years
Australia’s skilled mechanics shortage forcing insurers to write off electric vehicles after minor accidents
Lack of parts and outdated laws also contributing to long repair wait times and ballooning premiums
Electric vehicles are routinely being written off after minor accidents, as a shortage of skilled mechanics and parts, as well as outdated laws, leads Australian insurers to scrap EVs prematurely instead of repairing them.
Despite the scarcity of supply that has plagued the local market in recent years, in part due to the lack of a fuel-efficiency standard, the financial reality of insuring EVs is continuing to consign them to scrap yards while inflating premiums for owners.
Continue reading...INTERVIEW: Strong social return on investment boosts REDD project in Tanzania
Drax refinances as it waits on government subsidies for BECCS plant
EU Parliament gives blessing to ETS-funded Net-Zero Industry Act
Fears grow over rising number of oil lobbyists at UN plastic pollution talks
Proposed global treaty to curb production represents challenge to producers of fossil fuels, from which most plastics are made
The number of fossil fuel and petrochemical industry lobbyists at UN talks to agree the first global treaty to cut plastic pollution has increased by more than a third, according to an analysis.
Most plastic is made from fossil fuels, via a chemical process known as cracking, and 196 lobbyists from both industries are at the UN talks in Ottawa, Canada, where countries are attempting to come to an agreement to curb plastic production as part of a treaty to cut global plastic waste, according to analysis by the Center for International Environmental Law (Ciel).
Continue reading...NA100 launches benchmark with 50 metrics on corporate nature progress
Public prefers nature-based to engineered carbon removals, study finds
Saudi Arabia’s carbon company to use Xpansiv technology for new VCM exchange
‘Huge disappointment’ as UK delays bottle deposit plan and excludes glass
Scheme for plastic bottles and cans put back to 2027 while environment minister says glass recycling ‘unduly’ complex
A UK deposit return scheme for recycling drinks bottles has been delayed to 2027, meaning it will not be in place until almost a decade after it was proposed.
Campaigners say the delay is a “huge disappointment”, adding they are doubly dismayed that the plan will not include glass bottles.
Continue reading...New rule compels US coal-fired power plants to capture emissions – or shut down
New EPA directive will cut pollution equivalent to the emissions of 328m cars, but industry group decries it as a ‘reckless plan’
Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued on Thursday by the Environmental Protection Agency (EPA).
New limits on greenhouse gas emissions from fossil fuel-fired electric plants are the Biden administration’s most ambitious effort yet to roll back planet-warming pollution from the power sector, the nation’s second-largest contributor to the climate crisis. The rules are a key part of Joe Biden’s pledge to eliminate carbon pollution from the electricity sector by 2035 and economy-wide by 2050.
Continue reading...Global battery rollout doubled last year – but needs to be six times faster, says IEA
Energy watchdog warns pace must accelerate to hit targets after new batteries increased capacity by 130%
The rollout of batteries across the global electricity industry more than doubled last year but will need to be six times faster if the world hopes to meet its renewable energy targets, according to the International Energy Agency (IEA).
A report from the global energy watchdog found that new batteries totalling 42 gigawatts (GW) were plugged into electricity systems around the world last year, increasing total capacity by more than 130% from the year before to 85GW.
Continue reading...Startup looking to invest $150 mln in carbon offsetting projects in India, Sri Lanka
‘Outrageous’ climate activists get in the faces of politicians and oil bosses – will it work?
As the climate crisis has deepened, protesters have become more confrontational – and their ambitions have grown
The head of ExxonMobil told to “eat shit” as he was about to receive an award. A US senator and coal boss called a “sick fuck”, almost sparking a brawl. Theatre shows interrupted. As the climate crisis has deepened, protests aimed at those deemed responsible are becoming starkly personal, and often confrontational.
At the vanguard of this new style of in-your-face activism is Climate Defiance, a group of just a handful of core staffers now marking its first birthday following a year of disrupting, often crudely, the usually mundane procession of talks, speeches and panels that feature Joe Biden administration officials, oil company bosses and financiers.
Continue reading...Singaporean tech firm teams up with Japanese biofuel developer on sorghum carbon projects
Clean heat rollout should take priority in European Commission’s next term -report
160 pilot whales stranded and 26 confirmed dead in Western Australia – video
Authorities are rushing to save more than 150 whales from a mass stranding at a beach in Western Australia’s south-west. Four pods have spread across roughly 500 metres at Toby Inlet near Dunsborough and 26 of these have died, Parks and Wildlife Service Western Australia confirmed. Wildlife officers, marine scientists and veterinarians are on site assessing the conditions of the whales that have become stranded
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Continue reading...Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn
Green Finance Institute report said further pollution could cut 12% off GDP by 2030s
The destruction of nature over the rest of the decade could trigger a bigger economic slump in Britain than those caused by the 2008 global financial crisis and the Covid pandemic, experts have warned.
Sounding the alarm over the rising financial cost from pollution, damage to water systems, soil erosion, and threats from disease, the report by the Green Finance Institute warned that further breakdown in the UK’s natural environment could lead to a 12% loss of gross domestic product (GDP) by the 2030s.
Continue reading...Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisis
When the governors of the World Bank and the International Monetary Fund convened for the spring meetings last week, it was all about the really big questions. What can the international community do to accelerate decarbonisation and fight climate change? How can highly indebted countries retain fiscal space to invest in poverty eradication, social services and global public goods? What does the international community need to do to get back on track towards reaching the Sustainable Development Goals (SDGs)? How can multilateral development banks be strengthened to support these ambitions?
There is one issue that makes addressing these global challenges much harder: inequality. While the disparity between the richest and poorest countries has slightly narrowed, the gap remains alarmingly high. Moreover, in the past two decades, we have witnessed a significant increase in inequalities within most countries, with the income gap between the top 10% and the bottom 50% nearly doubling. Looking ahead, current global economic trends pose serious threats to progress towards higher equality.
Svenja Schulze is Germany’s minister for economic cooperation and development; Fernando Haddad is the minister of finance in Brazil; Enoch Godongwana is the minister of finance in South Africa; Carlos Cuerpo is the minister of economy, trade and business and María Jesús Montero the minister of finance in Spain
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