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EUROPE: New E.U. carbon market to have shields from price spikes

Thu, 07/01/2021 - 6:58am
The European Union is designing a mechanism to protect its planned emissions market for heating and road transport fuels from excessive price swings.

FINANCE: China's largest bank abandons $3B Zimbabwe coal plan

Thu, 07/01/2021 - 6:58am
China's biggest bank dumped a plan to finance a $3 billion coal-fired power plant in Zimbabwe, dealing a blow to coal developers in Africa that see the Asian country as the last potential funder of their projects.

MASSACHUSETTS: Ambitious climate law is facing first tests

Thu, 07/01/2021 - 6:58am
Massachusetts has turned a critical corner in its response to climate change.

EMISSIONS: The U.K. will stop using coal power in 3 years

Thu, 07/01/2021 - 6:58am
The United Kingdom will end its use of coal-fired power by October 2024, a year earlier than scheduled, as it pushes other countries toward greater climate ambition ahead of a global warming summit it's hosting in November.

EXTREME WEATHER: Biden compares Western fires to 'end of days'

Thu, 07/01/2021 - 6:58am
President Biden wants a yearly briefing on wildfire risks as climate change fuels intensifying blazes across parched Western states.

FINANCE: Bill would force banks to consider climate for Big Oil loans

Thu, 07/01/2021 - 6:58am
A new Democratic proposal would prod banks to address climate risks by disincentivizing them from providing loans, bonds and other financial services to fossil fuel businesses.

ENVIRONMENTAL JUSTICE: Managed retreat favors those with privilege — study

Thu, 07/01/2021 - 6:58am
It's a big topic in climate research — managed retreat and paying homeowners to leave flood-prone neighborhoods. But less attention has been paid to another issue: Where do people go?

EXTREME WEATHER: Hundreds likely died in Northwest heat wave

Thu, 07/01/2021 - 6:58am
The heat wave that scorched Oregon, Washington state and parts of Canada this week killed potentially hundreds of people, officials said yesterday.

SEA-LEVEL RISE: Condo collapse could stoke Miami climate fear in homebuyers

Thu, 07/01/2021 - 6:58am
The deadly collapse of a South Florida condominium last week likely will add more uncertainty to a local real estate market already riven by climate change, experts said.

LOBBYING: Lawmakers threaten Exxon probe after climate video

Thu, 07/01/2021 - 6:58am
Exxon Mobil Corp. scrambled to respond yesterday to a secretive video recording that detailed the company's lobbying practices, but the incident could be an even greater impetus for a congressional inquiry as a House subcommittee chairman continued to warn of subpoenas for top executives.

BRAZIL: Bolsonaro to send troops to Amazon to fight deforestation

Wed, 06/30/2021 - 6:51am
Brazil's president is sending troops back to the Amazon to bolster policing against logging and other illegal land clearance, acting amid international criticism of a surge in deforestation and just two months after withdrawing a similar military mission.

SWITZERLAND: Watchmakers go plant-based in latest sustainability drive

Wed, 06/30/2021 - 6:51am
Swiss watchmaker Greubel Forsey is the latest luxury brand seeking to attract younger shoppers by going greener, in this case by eliminating animal leather from its straps.

LOUISIANA: NASA looks at state delta system, eyes global forecasts

Wed, 06/30/2021 - 6:51am
Erosion, sinking land and sea-level rise from climate change have killed the Louisiana woods where a 41-year-old Native American chief played as a child. Not far away in the Mississippi River delta system, middle-school students can stand on islands that emerged the year they were born.

CONNECTICUT: State increases rebates for electric car purchases

Wed, 06/30/2021 - 6:51am
Connecticut is sweetening state incentives for consumers who purchase electric vehicles.

CONGRESS: GOP touted a climate caucus; methane vote shows its limits

Wed, 06/30/2021 - 6:51am
Dozens of House Republicans signed up last week for a new Conservative Climate Caucus intended to engage members on the issue and trumpet the GOP's newfound respect for climate science. Two days later, nearly all of them opposed a measure to curb methane emissions.

WHITE HOUSE: Biden will boost response to climate-fueled wildfires

Wed, 06/30/2021 - 6:51am
President Biden plans to raise firefighter pay and enact a year-round federal response to wildfires because climate change has increased the likelihood of deadly blazes.

BUSINESS: U.S. Chamber official warned of climate danger in 1989

Wed, 06/30/2021 - 6:51am
Twenty years before the U.S. Chamber of Commerce called for climate science to be put on trial, an official from the powerful pro-business lobby group crafted what would prove to be a prescient message on global warming.

CONGRESS: A Republican backpedals after years of climate advocacy

Wed, 06/30/2021 - 6:51am
He was a rare Republican who acknowledged climate change and pushed his party to address sea-level rise. That changed yesterday when he raised doubts about the cause of intensifying storms and wildfires.

POLITICS: Biden on EVs, rail, energy: 'We are not just tinkering'

Wed, 06/30/2021 - 6:51am
Armed with statistics, President Biden yesterday began pitching the public on his bipartisan infrastructure deal.

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