climate

New Zealand starts plan to achieve 2035 emissions reduction target

New Zealand, which is on track to meet its climate change goals for 2022 to 2030, has started drafting its action plan to achieve...

Cryptocurrency mining leads in CO₂ emissions, analysis reveals

Cryptocurrency mining is the primary contributor to CO₂ emissions, with Bitcoin mining operations alone consuming an estimated 140.38 TWh annually, according to a recent...

UN report highlights triple planetary crisis including climate change

A special report from the UN warns of eight critical global shifts that are accelerating a triple planetary crisis of climate change, nature loss,...

Hurricane Beryl causes $32 bn in damage and economic loss

Hurricane Beryl has caused between $28 billion and $32 billion in total damage and economic loss in the United States, AccuWeather’s preliminary estimate indicates. AccuWeather,...

Record-breaking temperature in June heats up climate concerns

Last month marked the hottest June on record and continued a troubling trend of 13 consecutive months setting new temperature highs, according to the...

General Motors to pay $145.8 mn penalty over excess emissions

General Motors has agreed to pay a $145.8 million penalty following a U.S. government investigation that uncovered excess emissions from approximately 5.9 million GM...

Dubai commits $8.2 bn to enhance rainwater drainage system

Dubai has announced an investment of 30 billion dirhams ($8.2 billion) to upgrade its rainwater drainage system in response to the heaviest downpours recorded...

India’s water shortage could impact sovereign credit strength: Moody’s

India’s escalating water shortage, driven by high consumption due to rapid economic growth and frequent natural disasters, poses a significant threat to the nation’s...