methane
Big banks have financed fossil fuels with nearly $7 trillion (€6.5 trillion) since the Paris Agreement, a new report has found. The 15th annual Banking on Climate Chaos (BOCC) report looked at how the top 60 private banks in the world are underwriting and lending to over 4,200 fossil fuel firms, and financing companies causing the degradation of the Amazon and Arctic. Their research found that, since the Paris Agreement to limit global warming was signed in 2016, these banks have financed fossil fuels with $6.9 trillion (€6.4 trillion). The report says $3.3 trillion (€3 trillion) - almost half...
Euronews (English)
Given the press, you’d be forgiven for thinking that reducing cattle numbers and moving to a plant-based diet is a climate solution up there with electric vehicles and offshore wind. Billions of dollars and euros and celebrity endorsements have been invested in plant-based and alternative protein startups. “Cows create global warming” is a truism of our time, shared by almost all right-thinking people. The emerging truth appears different. Not only is the climate impact of cattle confused and overblown — properly managed, grazing cows and sheep can be a climate and biodiversity solution. Meanw...
Euronews (English)
MEPs have adopted a package of gas and electricity market reforms intended to bolster energy security, protect vulnerable consumers from wild price fluctuations as seen during the 2022 energy crisis, and create a new market for hydrogen, as well as allowing individual countries to restrict imports of Russian gas – with a more complete ban on the cards due to incoming restrictions imports with excessive upstream methane leakage. With broad cross-party support for a political deal struck with EU governments in December, the European Parliament has approved measures such as promoting the producti...
Euronews (English)
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