Cutting planet-warming emissions to "net zero" by 2050 could lift growth and employment but would require an inflation-boosting $160 per tonne carbon price by the end of the decade, an umbrella group of the world's top central banks say.
India will not extend an April 2022 deadline to tighten fuel efficiency standards, in a setback for carmakers which are lobbying for more time, government and industry sources say.
The Biden administration has revoked a Trump administration policy that aimed to prevent federal agencies from weighing climate change impacts in their decision-making around major projects like pipelines and highways.
The International Energy Agency is launching a global commission to address the impact on employment and society from the transition to renewable energy from fossil fuels.
The Trump administration has agreed to an auto industry request to delay the start of dramatically higher penalties for companies that fail to meet fuel efficiency requirements, a move that could save the industry hundreds of millions of dollars or more.
Albemarle Corp said on Thursday it will double production at its lithium facility in Silver Peak, Nevada, part of a plan to boost supply for the burgeoning electric vehicle market.
The rising use of nitrogen-based fertilisers is driving up global emissions of nitrous oxide, a lesser-known greenhouse gas, complicating efforts to limit climate change.
