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Photo by David Martin on Unsplash

U.S. senators haggle over funding of $1 trillion infrastructure compromise

A bipartisan infrastructure plan costing a little over $1 trillion, only about a fourth of what President Joe Biden initially proposed, has been gaining support in the U.S. Senate, but disputes continue over how it should be funded.

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Cost of flood damage to U.S. homes will increase by 61% in 30 years

Rising sea levels and extreme weather could cause $20 billion of flood damage to at-risk U.S. homes this year, rising to $32 billion by 2051, according to research from New York-based flood research non-profit First Street Foundation.

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France presents new climate bill, activists slam "mini-measures"

French President Emmanuel Macron sent a new climate bill to parliament, hoping to convince voters of his green credentials before the 2022 presidential election amid criticism from activists that he has watered down earlier promises.

Biden may cancel Keystone XL pipeline permit as soon as his first day in office

Biden may cancel Keystone XL pipeline permit as soon as his first day in office

U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking.
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Photo by Saj Shafique on Unsplash

Saudi Crown Prince launches zero-carbon city in NEOM business zone

Saudi Arabia's crown prince on Sunday unveiled plans to build a zero carbon city at NEOM, the first major construction project for the $500 billion flagship business zone aimed at diversifying the economy of the world's largest oil exporter.
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Planet-warming emissions from buildings put climate goals at risk

Planet-warming carbon dioxide emissions from buildings and construction are jeopardising global goals to keep devastating climate change at bay, a U.N.-backed coalition warned, after data showed they hit an all-time high in 2019.

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Mexico's Pemex tests limits of investor influence on climate change

At a time when oil production is at historic lows, lenders who want Mexican oil giant Pemex to adapt to climate change are struggling to be heard.