The EU struck a deal on Tuesday to implement internationally-agreed banking reforms intended to avert a repeat of the 2008 financial crisis.. The EU is the first major jurisdiction to implement the final elements of the reforms, ahead of other countries including the United States.
Climate change campaigners targeted the UK headquarters of oil giant TotalEnergies with paint Tuesday, protesting the French firm's alleged human rights violations in the construction of a contentious oil pipeline in Uganda. . Also on Tuesday in France, a group of Ugandan citizens and aid groups, joined by French aid organisations, filed a lawsuit in a Paris court against TotalEnergies for damages over the alleged human rights violations.
John Goodenough, who shared the 2019 Nobel Prize in Chemistry for developing the lithium-ion battery that revolutionized modern life, has died at the age of 100, the University of Texas announced.. Goodenough became the oldest person to win a Nobel Prize when at the age of 97 he shared the 2019 chemistry award with Britain's Stanley Whittingham and Akira Yoshino of Japan for the invention of the lithium-ion battery.
The warnings are coming from all angles: artificial intelligence poses an existential risk to humanity and must be shackled before it is too late.. However, the group has warned that giving machines the power to make decisions on life and death is an existential risk.
Chinese Premier Li Qiang slammed efforts in the West to "de-risk" their economies as a "false proposition" on Tuesday, hitting back against US and EU policy aimed at reducing their reliance on China. . "In the West, some people are hyping up what is called 'cutting reliance and de-risking'," Li told delegates at the opening of a World Economic Forum meeting in northern China.
Asian markets mostly rose Tuesday after more than a week of losses but traders remained anxious about central banks' plans to continue hiking interest rates to fight stubborn inflation.. - Russia worries - Oil rose again though traders remain caught between supply concerns caused by the Russia crisis and demand uncertainty as investors fret over surging interest rates.
Ex-Audi CEO Rupert Stadler is Tuesday expected to be convicted and sentenced over the "dieselgate" scandal, the highest-ranking former executive to be punished over the emissions cheating controversy that rocked the car industry.. The "dieselgate" saga shocked Germany and is seen as the country's biggest post-war industrial scandal.
A group of Indigenous Waorani women give a war cry warning that environmentalists are not welcome in their part of the Ecuadoran Amazon, where an oil field operates partly on a protected reserve.. "We will not allow 'kowori' (strangers)... to enter," said Waorani leader Felipe Ima, translating the belligerent words of the group of seven women from the Kawymeno community that supports oil extraction at the nearby Ishpingo field.
Global energy sector carbon dioxide emissions hit a record peak last year counter to Paris commitments, a key study warned Monday, and highlighted the "worst ever" impacts of climate change.. Energy Institute President Juliet Davenport warned the sector was heading in the "opposite direction" to the goals of the Paris deal. "2022 saw some of the worst ever impacts of climate change -- the devastating floods affecting millions in Pakistan, the record heat events across Europe and North America -- yet we have to look hard for positive news on the energy transition in this new data," Davenport said.
Common standards unveiled Monday for companies to report their greenhouse gas emissions could curb misleading climate claims in the corporate world, the chair of the body that wrote the norms told AFP. Currently, most large companies report how many tonnes of carbon they emit into the atmosphere each year, but the data is often not reliable.. The ISSB standards also define how companies measure their direct and indirect emissions, using a method that is widely used but until now has not been mandatory -- the Greenhouse Gas Protocol.
