Climate Change News
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Updated 3 hours, 26 minutes ago
Guinness Asset Management Ltd., a London-based investor, started a 10 million pound ($15.9 million) fund to invest in clean energy and energy efficiency companies in the U.K.
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The Earth’s oceans may be acidifying faster than at any point during the last 300 million years due to industrial emissions, endangering marine life from oysters and reefs to sea-going salmon, researchers said.
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The U.K. could save as much as 3.5 billion pounds ($5.6 billion) by connecting offshore wind farms to each other, cutting down on construction and operating costs.
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Climate Change Capital Ltd. said it joined a group of 30 experts and lobby groups urging the European Central Bank to probe Europe’s investments in “unsustainable” and high-pollution industries.
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The United States desperately needs an energy policy. It is fundamental to our economic growth, environmental sustainability and national security. With five percent of the world's population and 20 percent of its energy use, the U.S. has an obligation to lead globally. We need to set the right example at home.
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Iran isn’t disrupting supplies of crude oil to Greece, Greek Environment, Energy and Climate Change Minister George Papaconstantinou said.
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Goldman Sachs Group Inc., Wells Fargo & Co. and JPMorgan Chase & Co. are among banks warned by federal regulators that they may face civil claims tied to sales of mortgage-backed securities.
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European Union leaders are “taking all necessary measures” to restore growth while also paring excessive debt, according to a draft EU summit statement.
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The U.S. Environmental Protection Agency’s limits on vehicle and industrial emissions of greenhouse gases including carbon dioxide are being scrutinized by U.S. judges as a two-day court hearing began in Washington.
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The U.K. government estimated that the offshore wind industry may contribute more than 35 billion pounds ($57 billion) to the economy by 2050 if the cost of the technology is cut quickly enough.
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