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Photo by Beth Macdonald on Unsplash
European tourists head north to dodge heat, summer extended as weather changes
Tourists and tour operators are expected to head to northern Europe in the future after a summer of crippling heatwaves hit southern Europe and left travelers wondering if cooler temperatures might suit them better.
Bank of England to study climate-related capital further
The Bank of England will carry out further study as it is not yet clear whether it needs to require banks and insurers to set aside longer-term capital buffers to provide for the consequences of climate change.
Deutsche Bank tightens coal finance policy but not oil and gas
Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing criticism from climate activists.
Swiss right-wing party to call referendum in bid to block climate change law
Switzerland's right-wing Swiss People's Party will within a few days call a referendum aimed at blocking a draft law to cut greenhouse gas emissions, party officials said.
U.S. grants $1.1 bln to keep Diablo Canyon nuclear plant open
The Biden administration said on Monday it has approved conditional funding of up to $1.1 billion to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change.
Namibia secures $544 million in climate finance at COP27
Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank.
GM backs setting tough U.S. emissions targets for 2030
General Motors Co said Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-emission models.
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