global warming News

UK Prime Minister Warns Climate Change Is Threat to World Security

British Prime Minister Boris Johnson warned world leaders Tuesday that climate change is a threat to security of all nations and sharply criticized people across the globe who say this is “green stuff from a bunch of tree-hugging, tofu-munchers and …

AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential

All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA SA recently scored a market-beating success. Not by delivering higher returns, but by generating a lower level of global warming. …

Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine

Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding to a growing list of Lloyd’s insurers who have made similar pledges. Carmichael has provoked controversy in Australia with its …

U.S. Financial Services Leaders Support Principles for Low-Carbon Transition

U.S. financial services leaders have stated their support in principle for a U.S. transition to a low-carbon economy. The support comes following the release of the Principles for a U.S. Transition to a Sustainable Low-Carbon Economy by the U.S. Climate …

Construction of Controversial UK Coal Mine Now Under Review After Climate Backlash

Construction of a coal mine that threatened UK Prime Minister Boris Johnson’s claim to be a world leader in the fight against climate change is under review after growing opposition. The Woodhouse Colliery would be the first new deep coal …

Fossil Fuel Pollution Kills 8.7 Million People Annually Across the Globe: Research

Efforts to slow the process of global warming focus on the future harms of continuing to burn fossil fuel, but new research released Tuesday shows that deadly consequences from pollution are killing larger numbers of people right now than had …

Rescuers Search for Workers Trapped at Hydropower Site in Flood-Hit North India

Rescue workers continue to battle mountains of slush and debris at a hydropower construction site in north India that was damaged by flash floods that have killed at least 11 people. The rescue team of Indo-Tibetan Border Police is working …

Lloyd’s Launches Global Platform to Drive Resilience to World’s Systemic Risks

Lloyd’s, the insurance and reinsurance marketplace, is launching “Futureset,” a new global platform and community dedicated to driving greater societal and economic resilience to the world’s most challenging risks. The global platform has been developed to respond to the large …

Russian Mining Giant Nornickel Fined $2 Billion for Huge Arctic Fuel Spill

MOSCOW – Russian mining giant Norilsk Nickel was fined $2 billion on Friday for the damage caused by a huge fuel spill last year in the country’s worst environmental disaster in the Arctic. The leakage in May of 21,000 tonnes …

Sadly The One Thing 2020 Did Well Was to Heat Things up

2020 wasn’t the bottom of the barrel in all regards – depending on how you look at it. The planet’s average surface temperature in 2020 tied with 2016 as the warmest year on record. An analysis by NASA’s Godard Institute …