UN Flags 127 Major Climate-Warming Methane Plumes This Year

[ad_1] DUBAI (Reuters) – A United Nations-led effort to use space satellites to detect methane leaks from fossil fuel infrastructure has alerted governments to 127 major methane plumes across four continents since its launch at the start of this year. Methane is a potent greenhouse gas, with 80 times the warming power of carbon dioxide … Read more

Ethereum Blockchain Produced Equivalent of Honduras’ Annual Emissions Before Upgrade

[ad_1] LONDON(Reuters) – The Ethereum blockchain’s historical greenhouse gas emissions before a major software upgrade last year were equivalent to the yearly emissions of Honduras, a University of Cambridge study showed on Friday. Blockchains – the digital ledgers that underpin cryptocurrencies – typically consume large amounts of energy as they produce coins and process transactions, … Read more

COP28 Spotlights Global Warnings About the Pain of Climate Change

[ad_1] By Valerie Volcovici and William James DUBAI (Reuters) – Leaders from across the world are poised to address the U.N. climate conference on Friday, with many expected to speak about the hardship of climate impacts unfolding in their countries. In the day’s opening address, Britain’s King Charles is expected to warn that repeated signs … Read more

Britain’s Sunak Tries to Reclaim Climate Narrative With $2 Billion Pledge

[ad_1] DUBAI (Reuters) – Prime Minister Rishi Sunak will pledge 1.6 billion pounds ($2 billion) in funding at the U.N. climate summit on Friday, an attempt to bolster his green credentials after watering down Britain’s measures to reach net zero targets. Sunak, in Dubai for COP28 leaders’ day, will try to restore Britain’s reputation as … Read more

Why Hold UN Climate Talks 28 Times? Do They Even Matter?

[ad_1] DUBAI, United Arab Emirates (AP) — Ask most people what the annual U.N. climate talks are and the likely answer will be: “Huh?” Ask those who do know and the answer may be: “Why should I care?” The negotiations, called Conference of Parties, are nearly two weeks long and in their 28th iteration in … Read more

Britain’s King Charles to Push for Global Action on Climate in COP28 Speech

[ad_1] DUBAI (Reuters) – Britain’s King Charles will give an opening address to the U.N. COP28 climate summit on Friday where he is expected to tell world leaders that the repeated warning signs of the impact of climate change are being disregarded, with devastating consequences. In his first major speech on climate change since he … Read more

Britain’s King Charles in UAE to Urge Action on Climate at COP28

[ad_1] DUBAI (Reuters) – Britain’s King Charles began a visit to the United Arab Emirates on Thursday, during which he will advocate for greater global action and accountability on climate change at the COP28 summit. The king, who arrived in the Gulf state overnight, is due to give an address on Friday at the U.N. … Read more

Yellen Tours North Carolina Lithium Plant to Bolster Biden’s Case on US Economy

[ad_1] By David Lawder and Howard Schneider (Reuters) – U.S. Treasury Secretary Janet Yellen travels to North Carolina on Thursday to tout hundreds of billions of dollars worth of new clean energy investments enabled by U.S. tax incentives as President Joe Biden struggles to win voter credit for their benefits. Yellen will tour a Livent … Read more

World to Hit 1.4C of Warming in Record Hot 2023

[ad_1] DUBAI (Reuters) – With a month to run, 2023 will reach global warming of about 1.4 degrees Celsius (2.5 Fahrenheit) above preindustrial levels, adding to “a deafening cacophony” of broken climate records, the World Meteorological Organization (WMO) said on Thursday. The WMO’s provisional State of the Global Climate report confirms that 2023 will be the … Read more

COP28 Summit Opens With Hopes for Early Deal on Climate Damage Fund

[ad_1] By Kate Abnett, Katy Daigle and Valerie Volcovici BRUSSELS/DUBAI (Reuters) – Countries at the U.N.’s COP28 climate summit opening on Thursday hope to clinch an early deal on a new fund to pay for climate-caused damage, aiming to muster some political goodwill before talks turn to divisive topics including the future of fossil fuels. … Read more