SCIENCE

Top banks have provided $6.9 trillion in financing to the fossil fuel industry since the 2015 Paris Agreement

US, Japanese Banks Lead Fossil Fuel Financing

The world's biggest banks financed fossil fuels to the tune of $705 billion in 2023, with US and Japanese lenders leading the way, an annual report by climate campaigners said Monday.
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Called 'Mammoth', the plant lies just a few hundred metres (yards) from its predecessor Orca

Iceland's 'Mammoth' Raises Potential For Carbon Capture

With Mammoth's 72 industrial fans, Swiss start-up Climeworks intends to suck 36,000 tonnes of CO2 from the air annually to bury underground, vying to prove the technology has a place in the fight against global warming.
EV fast-charger manufacturer Kempower is investing around $40 million in North Carolina, with a facility in Durham

US Forges New 'Battery Belt' In Hopes Of Electric Future

The United States is seeing an investment surge as President Joe Biden pushes to rebuild "hollowed out" industrial communities and grow domestic supply chains in key sectors like electric vehicles (EVs), batteries and semiconductors.
Map of Brazil locating the state of Rio Grande do Sul, the city of Porto Alegre and the heavy rainfall between April 27 and May 4, which has left dozens dead

Brazil Flooding Death Toll Reaches 100

The death toll from devastating floods that have ravaged southern Brazil for days reached 100 on Wednesday, authorities said, as the search continued for dozens of people still missing.
Ocean warming and rapidly melting glaciers and ice sheets drove the sea level last year to its highest point since satellite records began in 1993, according to the WMO

Ritacuba Blanco: Death Of A Colombian Glacier

Just a few months ago, the Colombian mountain peak of Ritacuba Blanco was covered in an unbroken layer of white ice and snow, just as it had been for as long as anyone can remember.
Authorities said there were more than 20,000 people in public shelters and field hospitals set up after hospitals and clinics were flooded

No Let Up Yet For Flood-battered South Brazil

The rains may have abated, but floodwaters on Monday continued their assault on southern Brazil, with hundreds of municipalities in ruins amid fears that food and drinking water may soon run out.

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