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Environment

Residents visit evacuated Icelandic town for first time since volcanic eruption

By Marco Trujillo and Marko Djurica GRINDAVIK, Iceland (Reuters) -Residents returned briefly to an evacuated fishing town in Iceland on Thursday for the first time since a volcanic eruption to check

Icelandic volcano appears to have died down, scientists say

By Marco Trujillo and Marko Djurica REYKJAVIK (Reuters) - Lava flows from a volcano that erupted this week in Iceland have eased further, and no volcanic activity is now visible, scientists said after

Why India’s coal dependence is unlikely to end soon despite COP28 vow to wean itself off fossil fuels

Coal accounts for 75% of energy generated in India, with govt not decommissioning any existing capacity & in process of adding more. Renewable energy also too expensive at the moment.

Hong Kong’s Gaw Capital appoints Oliver Yates to head Australia climate tech strategy

SINGAPORE (Reuters) - Hong Kong-headquartered private equity firm Gaw Capital Partners said on Wednesday it has appointed Oliver Yates to head its climate tech strategy for Australia. Yates, who was a

Canada regulator denies Trans Mountain variance due to pipeline integrity, environmental concerns

By Nia Williams (Reuters) -The Canada Energy Regulator said on Wednesday it denied a variance request from the Trans Mountain expansion project because the application did not adequately address

US Supreme Court to hear challenge to EPA’s ‘Good Neighbor’ air pollution plan

By Andrew Chung (Reuters) - The U.S. Supreme Court on Wednesday said it would hear a bid to block the Environmental Protection Agency from enforcing a federal regulation aimed at reducing ozone

US Gulf of Mexico oil auction is largest since 2015

(Reuters) -A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.

US finds fewer cases of avian flu in wild birds, a good sign for poultry

By Tom Polansek CHICAGO (Reuters) - The U.S. is detecting fewer cases of avian flu in wild birds that transmit the virus to poultry flocks, the agriculture department said, a potentially positive

Brazil lawmakers pass bill to pave a highway through Amazon rainforest

BRASILIA (Reuters) - The lower house of Brazil's Congress has approved a bill to relax environmental licensing to pave a highway cutting through the heart of the Amazon that scientists say will

Lava flows from Iceland volcano continues to decrease

By Marco Trujillo and Marko Djurica REYKJAVIK (Reuters) -Lava flows from a volcano in Iceland were slowing on Wednesday, the Icelandic Metrological Office said on Wednesday, as the eruption looked set

On Camera

Hormuz crisis won’t replace the dollar with yuan. De-dollarisation is a myth

Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.

Haryana’s new industrial policy in the works, but industry says old problems remain unsolved

Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.

Military pushes for private participation in space, more Indian satellites. ‘Can’t rely on single entity’ 

CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.