UN aviation agency agrees to restrict carbon credits denounced by climate activists

MONTREAL (REUTERS) – The UN’s aviation agency on Friday (March 13) approved restrictions for a global program designed to help airlines offset their carbon emissions, a move that curbs industry funding for older projects whose environmental benefits have been challenged by climate activists. The International Civil Aviation Organization council approved recommendations to exclude offset projects begun before 2016 while delivering

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Dad who lived off Pot Noodles while on the dole now runs £4million business

A dad-of-five who lived off Pot Noodles after nearly going bankrupt now heads a multi-million pound business. Gary Fredson has experienced both dizzying highs and scarring lows in his career. He achieved remarkable success as one of the country's top retail managers before losing it all, with his properties and car repossessed. But he got back on his feet and

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Regina reviewing decision to hire climate skeptic Patrick Moore for keynote speech

The City of Regina is reviewing its decision to hire climate skeptic Patrick Moore as a keynote speaker at its upcoming sustainability conference. “Clearly, this is much more controversial than I thought it would be in a way that I don’t think I expected to happen,” said Mayor Micheal Fougere, who told reporters Monday that he’s asked Reimagine Conference 2020

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‘Quick wins’ needed to reduce emissions, keep climate goals within reach: UN report

Countries have procrastinated for too long and need to begin making steep cuts to their greenhouse gas emissions immediately, or risk missing agreed targets for limiting global warming, top United Nations officials said Tuesday. The appeal by Inger Andersen, who heads the U.N. Environment Program, and others came days before governments gather in Madrid for an annual climate change meeting.

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Bank Regulators Present a Dire Warning of Financial Risks From Climate Change

WASHINGTON — Home values could fall significantly. Banks could stop lending to flood-prone communities. Towns could lose the tax money they need to build sea walls and other protections. These are a few of the warnings published on Thursday by the Federal Reserve Bank of San Francisco regarding the financial risks of climate change. The collection of 18 papers by

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What does the latest IPCC climate report say and why does it matter?

SINGAPORE – A major report released by the United Nations’ Intergovernmental Panel on Climate Change (IPCC) on Wednesday (Sept 25) paints a grim picture of accelerating sea level rise, faster melting of ice caps and glaciers and low-lying cities and islands facing more extreme coastal flooding. The panel’s special report on oceans and ice-covered parts of Earth adds to a

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Most big CO2 emitting firms not on track for climate goals: Report

LONDON (REUTERS) – Only one in eight of the world’s most-polluting companies is on track to reduce its greenhouse gas emissions in line with global temperature goals, a study funded by investors with US$14 trillion (S$19 trillion) under management found on Wednesday (July 10). The findings underscore the gulf between commitments made by the private sector and the transformation that

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Leonardo DiCaprio Backs New Environmental Initiative

Earth Alliance, an organization to combat climate change and biodiversity loss, launched Tuesday with founding co-chairs actor Leonardo DiCaprio, businesswoman and philanthropist Laurene Powell Jobs and investor and philanthropist Brian Sheth. The Earth Alliance pools the resources of the Leonardo DiCaprio Foundation (founded by DiCaprio), Emerson Collective (founded by Powell Jobs) and Global Wildlife Conservation (chaired by Sheth). According to

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