greenhouse gas emissions News

Penn. Governor Wolf Wants Power Plant Emission Plan to Fight Climate Change

Pennsylvania Governor Tom Wolf is asking Pennsylvania’s Republican-controlled Legislature to take steps toward authorizing the state to join a regional consortium that sets a price and caps on greenhouse gas emissions from fossil fuel-fired power plants. The Democratic governor’s move …

New York to Adopt Aggressive Emission Reduction Goals

New York would adopt some of the nation’s most aggressive emission reduction goals under a proposal worked out by state leaders and set for a vote in the state Legislature Tuesday night. Under the proposal, New York would reduce greenhouse …

Greenhouse Gas Emissions Must Be Halved by 2030 to Avoid 3C Warming: Scientists

Emissions need to be halved by 2030 to limit warming to 1.5 degrees Celsius but temperatures are on track to reach double that by the end of the century even if countries’ current plans are fully implemented, research by scientists …

Britain Commits to Net Zero Greenhouse Gas Emissions by 2050

Britain has announced it will enshrine a new commitment to reach net zero greenhouse gas emissions by 2050 into law, marking a first among G7 nations facing increasingly severe impacts from the climate crisis. With global carbon emissions at record …

Companies Failing to Disclose Exposure to Risks of Climate Change: Global Task Force

Companies are failing to disclose sufficient detail about how exposed they are to the potential risks of climate change, a global task force said in a report on Wednesday. Many investors have called on companies to provide better communication on …

World’s Largest Companies Forecast Climate Change Could Cost Them $1 Trillion

An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose, mostly within the next five years. Some $2.1 trillion worth of potential good news is embedded in those statements, according …

Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover

Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization (IMO) met in London this week for …

Climate Change Threatens One Million Species with Extinction: Scientists

Relentless pursuit of economic growth, twinned with the impact of climate change, has put an “unprecedented” one million species at risk of extinction, scientists said on Monday in a landmark report on the damage done by modern civilization to the …

UK Climate Change Adviser to Recommend Target of Zero Emissions by 2050: Sources

The U.K. government’s official adviser on climate change is set to recommend the country adopt a target to drive net fossil fuel emissions to zero by 2050, according to people familiar with the plan. If adopted, the proposals would give …

New Crop of Satellites Will Identify Biggest Contributors to Climate Change

A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down to an individual leak at an oil rig. More than a dozen governments and companies have or are planning to …