Malaysia seeks more assistance to achieve net-zero targets
Malaysian Prime Minister Anwar Ibrahim has sought increased assistance from developed partners so that developing nations like Malaysia can reach their net-zero targets. The International Renewable Energy Agency has forecast that Malaysia will need to double its renewable energy transition investments to at least $375 billion. This will allow the country to meet its 2050 […]
Coal could be phased out in steelmaking by 2043 to 2045
According to a joint report by German non-profit climate think tank Agora Industry and the Wuppertal Institute for Climate, Environment and Energy, it is feasible to phase out coal in steelmaking by 2043 to 2045 without the premature shutdowns of steel mills. Also, the technology needed to reach net zero in steelmaking is available, but […]
Switzerland backs climate bill with net zero target for 2050
Swiss citizens have voted in favour of a bill aimed at introducing new climate measures to sharply curb the nation’s greenhouse gas emissions. The referendum was prompted by a campaign by scientists and environmentalists to save Switzerland’s glaciers. These glaciers are melting away at an alarming rate. The proposed measures included in the government plan […]
Environmental groups endorse Biden’s re-election bid
Four of the largest U.S. environmental groups have endorsed President Joe Biden’s re-election bid. This is despite disapproval from climate activists over his administration’s support of fossil fuel plans. Speakers for the groups appreciated the White House’s climate change agenda, including the passage of the Inflation Reduction Act and its $375 billion for clean energy […]
Asian firms need to accelerate decarbonisation efforts
Companies in the Asia-Pacific region need to increase their decarbonisation efforts. According to sustainability data and rating provider Morningstar Sustainalytics, the current trajectory of these companies would cause the world to warm by close to 3 degrees Celsius. The climate transition rating is based on some 85 metrics assessing companies’ impact on climate. The ratings […]
Negotiators begin crafting a draft treaty to curb plastic pollution
Global negotiators from around 170 nations are to begin crafting a draft treaty in France to decrease the use of plastic. It will be a significant step towards cleaning up plastic waste, which is even found in the most remote parts of the world. Environmental advocates are hoping that this move will push industries to […]
Water scarcity emerging as a global economic threat
Water scarcity is fast emerging as the most impactful component of the wider climate crisis. Asian economies like India and China will be the most affected by these water shortages. India only has enough water resources for 4% of its people despite holding 18% of the world’s population. Also, 80% to 90% of China’s groundwater […]
Florida properties face flood risk and a lack of insurance
With the crisis in Florida’s insurance industry escalating, countless individuals have been left vulnerable to the devastating impacts of flooding. More than one-third of Florida properties are at risk of severe flooding over the next 30 years, although many are unaware of the risks their homes are facing. In Florida, the average cost of flood […]
Start-up develops technology to reduce steel industry emissions
Boston Metal is working on a green way to make steel. The company recently signed a $20 million funding deal with the private-sector investment arm of the World Bank, the International Finance Corporation. The steel industry, which is both the backbone of modern infrastructure construction and a significant contributor to climate change, generates between 7% […]
Brine resources could electrify the vehicle industry
With the increasing demand for electric vehicles and lithium-ion batteries, traditional methods of brine mining and hard rock mining of lithium are proving insufficient. Several companies are piloting a set of new and largely unproven technologies called direct lithium extraction (DLE) which could increase the efficiency of the brine mining process. As automakers around the […]
