In a statement that delighted campaigners opposed to fossil fuels, the Bank used a conference in Paris to announce that it “will no longer finance upstream oil and gas” after 2019.
The Bank ceased lending for coal-fired power stations in 2010 but has been under pressure from lobby groups also to halt the $1bn (£750m) a year it has been lending for oil and gas in developing countries.
Americans awoke Saturday to learn that bickering politicians in Washington had failed to keep their government in business, halting all but the most essential operations and marring the one-year anniversary of President Donald Trump’s inauguration.
The U.S. federal government shut down at the stroke of midnight Friday, halting all but the most essential operations and marring the one-year anniversary of President Donald Trump’s inauguration in a striking display of Washington dysfunction.
The drought-stricken South African city of Cape Town has brought forward the date when it may cut water supplies to residents by one day to April 21, figures posted on its website show.
California’s last nuclear power plant — Diablo Canyon, whose contentious birth helped shape the modern environmental movement — will close in 2025, state utility regulators decided Thursday.utm_content=buffer841c5&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
Bitcoin changes prices too quickly to be a currency and processes transactions too slowly to be a payments system, but it is juuust right for teaching libertarians everything they don’t know about economics.
Though the regulation is primarily designed to address major environmental and health issues in China, it will also be a genuine global disrupter. It has the potential to propel many waste-exporting countries – who for far too long have taken an “out of sight, out of mind” attitude to waste disposal – to adopt far more progressive disposal and recycling systems.
China is the world’s No. 1 polluter. It burns more coal than the rest of the world combined. It produces more than a quarter of the world’s human-caused global warming gases, nearly as much as North America and Europe put together.
Tesla Inc. is about to introduce its biggest product yet, at least in terms of raw tonnage.
Tesla Chief Executive Elon Musk has promised to unveil an electric semi truck on Thursday that will drive like a sports car and beat its diesel counterpart in a tug of war. “This will blow your mind clear out of your skull and into an alternate dimension,” he wrote on Twitter this week. But none of that really matters.