News
European Commission aviation pollution tax proposal fuels debate
The European Commission recently proposed an EU-wide minimum tax rate for polluting aviation fuels such as kerosene to reduce CO2 emissions by 55% by 2030.
Under Trump Administration, Farm Subsidies Soared and the Rich Got Richer
Taxpayer-funded farm subsidies have long been skewed in favor of the richest farmers and landowners. But under the Trump administration, even more money went to the largest and wealthiest farms, further shortchanging smaller, struggling family farms.
IMF urges countries to raise carbon price floor ahead of Cop26
Global lender’s head Kristalina Georgieva calls on countries to step up their $100bn climate finance pledges.
What is China’s Carbon Market Scheme?
China has proposed the world’s largest carbon emissions trading scheme (ETS). As the country has pledged to reach net zero emissions by 2060, this article explores the merits of the current scheme.
Latin America and Caribbean ‘failing to invest in sustainable post-Covid recovery’
Environmentally sustainable post-COVID-19 spending in Latin America and the Caribbean lags behind the rest of the world, according to a new platform co-developed by the University of Oxford that showcases real-time data from 33 countries.
Without help for oil-producing countries, net zero by 2050 is a distant dream
To meet climate targets and avoid economic collapse, countries such as Iraq need international support in the transition to clean energy
Southeast Asia could lose $28 trillion if it fails to act fast on climate change, report finds
Southeast Asia’s economy is set to lose trillions over the next 50 years if it does not significantly reduce its carbon emissions, a Deloitte report found.
Democrat spending proposal in the United States would raise conservation cash through fossil fees
Fossil fuel and mining companies would contribute billions toward conservation programs under a new proposal in the United States Congress.
How Europe could get China and the U.S. on its side with new carbon tax
The measure, if approved, will force EU businesses to pay a carbon levy for goods they import from outside the bloc. The problem is that some nations might not want to go down the carbon neutrality route as fast as the EU.