Chile dictates measures against mining companies for giant sinkholes

Chile dictates measures against mining companies for giant sinkholes

A sinkhole that was exposed last week has doubled in size, at a mining zone close to Tierra Amarilla town, in Copiapo, Chile, August 7, 2022. REUTERS/Johan Godoy NO RESALES. NO ARCHIVES. Register now for FREE unlimited access to Reuters.com Register SANTIAGO, Aug 16 (Reuters) – Chile’s SMA environmental regulator said on Tuesday it had … Read more

Caribbean nations should push for climate finance at COP27, Bahamas PM says

Bahamas’ Prime Minister Philip Edward Davis gestures as he speaks at the Leaders’ Second Plenary Session during the Ninth Summit of the Americas in Los Angeles, California, US, June 10, 2022. REUTERS/Mike Blake/Files Register now for FREE unlimited access to Reuters.com Register NASSAU, Aug 16 (Reuters) – Caribbean countries should pressure developed nations to provide … Read more

EU economy greenhouse gases still below pre-COVID levels – Products Eurostat News

In the first quarter of 2022, EU economy greenhouse gas emissions totaled 1,029 million tonnes of CO2-equivalents (CO2-eq), a 7% and 6% increase compared with the same quarter of 2020 and 2021, but still below pre-COVID levels registered in the first quarter of 2019, when the EU economy emitted 1,035 million tons of CO2-eq. This … Read more

Malaysia’s bourse to launch voluntary carbon market by year-end

A general view of a business district in Kuala Lumpur, Malaysia September 15, 2020. REUTERS/Lim Huey Teng Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR, Aug 15 (Reuters) – Malaysia’s stock exchange on Monday said it will launch a voluntary carbon market (VCM) by the year’s end, with the aim of increasing … Read more

Explainer: How could the new US corporate minimum tax affect companies?

Aug 12 (Reuters) – The main revenue source in the new US tax, climate and drugs bill is a novel 15% corporate minimum tax aimed at stopping large, profitable companies from gaming the Internal Revenue Service code and slashing their tax bills to zero. The US House of Representatives was scheduled to vote on Friday … Read more

Africa getting just 12% of financing needed to adapt to climate change – report

2020 finance flows $29.5 bn vs needed $250 bln Turns up pressure on rich countries ahead of COP27 Hurdles include infrastructure, skills, data LONDON, Aug 11 (Reuters) – Africa is getting just 12% of the finance it needs to manage the impact of climate change, a report on Thursday said, raising pressure on rich nations … Read more

Explainer: Britain and regulators square up over post-Brexit financial reform

LONDON, Aug 11 (Reuters) – Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules since leaving the European Union. Approval of what is the biggest market reform in two decades is expected by May 2023. Liz Truss, the front-runner to become Britain’s next prime … Read more

UK urges water companies to take ‘precautionary steps’ to protect supplies

LONDON, Aug 10 (Reuters) – Britain’s environment minister George Eustice on Wednesday urged water companies to take precautions to protect water supplies and tackle the effects of the prolonged dry weather as another heatwave is forecast across the country. read more Eustice met with the water company executives to discuss their ongoing response to protect … Read more

ECB, IMF call on climate standard setters to align company disclosures

Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 8 (Reuters) – A global standard setter for company climate disclosures should align with European and US alternatives for easier implementation across jurisdictions and to … Read more

Macquarie nearing $2.5 billion deal for Suez’s UK waste business, Bloomberg reports

The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of ​​its Sydney office headquarters in Australia, Oct. 28, 2016. REUTERS/David Gray/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 7 (Reuters) – French waste and water management company Veolia Environnement SA is nearing a … Read more