Environment

EPA blocks Alaska mining project in salmon-rich Bristol Bay

US environmental authorities on Tuesday blocked a huge gold and copper mine project in Alaska's pristine salmon-rich Bristol Bay.. Citing the Clean Water Act, the EPA said it was blocking the project to "help protect Bristol Bay, the most productive wild salmon ecosystem in the world."

Major UAE solar plant to go online before COP summit: energy firm

One of the world's biggest solar plants will become fully operational this year in the oil-rich United Arab Emirates, months before it hosts UN climate talks, a partner company said Tuesday.. The UAE will host the COP28 climate summit in November and December, a move criticised by environmentalists who question whether one of the world's biggest oil producers should lead the fight against global warming. saa/ho/th/ami

In new jolt to Dallas Zoo, two tamarin monkeys go missing

Two emperor tamarin monkeys have gone missing at the Dallas Zoo, the latest in a string of bizarre animal incidents to rock the facility in the US state of Texas.. In the latest incident, the zoo said employees searched near the monkey habitat and across zoo grounds but did not find the emperor tamarins, which "would likely stay close to home."

ExxonMobil reports record profits of $55.7 bn in 2022

ExxonMobil reported record annual profits of $55.7 billion in 2022 on Tuesday, reflecting higher commodity prices amid recovering demand and the impacts of Russia's invasion of Ukraine.. In the fourth quarter, profits rose 43.7 percent to $12.8 billion, thanks to higher oil and natural gas prices and better refining margins compared with the year-ago period.

Green energy investment tops $1 trillion, matches fossil fuels

Investment in cleaner energy is on the verge of overtaking spending on fossil fuels for the first time ever after exceeding $1 trillion last year, a report on Tuesday said.. Despite the milestone, spending on energy transition technology must immediately triple to meet the target of net-zero emissions by 2050 to combat climate change, according to research group BloombergNEF. Investment in sectors such as renewables, nuclear, zero-emission vehicles or recycling projects totalled $1.1 trillion last year, matching spending on fossil fuels, the report found.

Ukraine war dominates Nobel year again

From NATO's secretary general to the Ukrainian president, the war in Ukraine dominates the publicly known names submitted by Tuesday's deadline for the 2023 Nobel Peace Prize.. Most of the names that have been publicly disclosed so far are involved in the nearly year-long conflict that has been raging in Ukraine, or opponents of Russian President Vladimir Putin.

Winter not over, but Europe braces for the next one

Europe has weathered the energy crisis that followed Russia's invasion of Ukraine so far, but businesses and households are already thinking about how to get through the next winter.. After Russia's invasion, European energy prices hit record levels -- surpassing 300 euros per megawatt hour in August before a falloff after governments rushed to boost storage.

High energy bills deal heavy blow to Belgian glassware business

When energy prices blew up last year in the wake of Russia's war in Ukraine, Belgian glassblower Christophe Genard had no other option but to close for three months.. The Federation of Belgian Enterprises (FEB) warned this month of spiralling costs for businesses because of higher energy prices and inflation-related wage hikes.

Reliable European demand fuels US natural gas boom

Rising demand from Europe has added to a US natural gas investment boom even as the industry struggles to overcome opposition to pipeline construction.. Even before the invasion, there was heavy investment in facilities to transform gas into liquefied natural gas (LNG).

Politics, cash, fame: what motivates climate change deniers

Right-wing ideologues funded by fossil fuels, fame-seeking narcissists and doubt mongers monetising their content are pushing climate disinformation that undermines the fight against global warming, researchers say.. - Oil money - Studies have documented flows of cash from the fossil fuel industry to conservative US think tanks, signalled by researchers as publishers of misleading climate claims.