This year's United Nations climate summit in Glasgow, Scotland must kick-start a decade of action to address the environmental crisis, U.S. climate change envoy John Kerry said on Tuesday during a visit to European Union headquarters in Brussels.
The Biden Administration says it will consider carbon border adjustment taxes to help cut greenhouse gas emissions in global trade and intends to pursue "strengthened enforcement" to ensure that China lives up to existing trade obligations.
The European Union's goal to have zero net greenhouse gas emissions by 2050 will have "profound geopolitical repercussions," including sharply lower revenue to oil and gas exporting neighbors such as Russia, Algeria and Libya, the European University Institute and two influential think-tanks say.
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.
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.
Trade feuds will take on a different hue after the departure of Donald Trump. Slapping tariffs on countries out of the blue isn’t U.S. President-elect Joe Biden’s style. But his determination to fight climate change could emerge as a new source of commerce tensions.
Setting 2020 as a cut-off date to ban new deforestation and land conversion for soybean areas in Brazil's Cerrado savanna is not feasible, André Nassar, head of the country's oilseeds crushers' group, Abiove, says.
Trade feuds will take on a new, green hue