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Global 2023 carbon trading revenues grew to $74 billion, report says

By Nina Chestney LONDON (Reuters) - Global revenues from the sale of carbon permits in emissions trading systems (ETS) grew to a record $74 billion last year, as governments increasingly turn to such

U.N. climate chief says two years to save the planet

By Simon Jessop and Kate Abnett LONDON/BRUSSELS (Reuters) - Governments, business leaders and development banks have two years to take action to avert far worse climate change, the U.N.'s climate

Europe’s wildfires in 2023 were among the worst this century, report says

BRUSSELS (Reuters) - The 2023 wildfire season in the Europe was among the worst this century, according to a European Commission report published on Wednesday. Last year, more than half a million (

Exclusive-Russia considers easing gasoline environmental requirements, sources say

MOSCOW (Reuters) - Russia's government is looking at the possibility of introducing some easing of rigorous fuel environmental standards in order to allow the usage of low-quality gasoline in the face

EU says it is conducting initial review of wind power distortions

BRUSSELS (Reuters) - The European Commission has requested information as part of a preliminary review of possible distortions by Chinese wind turbine makers in the European Union, which could lead to

US sets first standard to curb ‘forever chemicals’ from drinking water

By Valerie Volcovici WASHINGTON (Reuters) - The U.S. Environmental Protection Agency on Wednesday announced its first-ever drinking water standard to protect people against toxic "forever chemicals"

Swiss government renews contribution to climate fund for developing countries

BERLIN (Reuters) - Switzerland will contribute 135 million Swiss francs ($149.39 million) over the next four years to the Green Climate Fund, which helps developing countries to work towards

Nearly 8,000 people evacuated from Russia’s Orenburg region, TASS reports

MOSCOW (Reuters) - The number of people evacuated due to flooding in Russia's Orenburg region has grown to 7,700, state news agency TASS reported on Wednesday citing local government. More than 300

Arkema sites visited by investigators, chemicals group says

(Reuters) - Chemicals group Arkema said that investigators visited several of its sites on Tuesday, adding that it was cooperating with authorities. Regional broadcaster France 3 reported earlier on

Deforestation in Brazil’s Amazon down 40% in Q1, minister says

BRASILIA (Reuters) - Deforestation in Brazil's Amazon has decreased 40% in the first three months of 2024 when compared to the same period a year earlier, Environment Minister Marina Silva said on

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.