Banks have given almost $7tn to fossil fuel firms since Paris deal

Researchers for the banking on climate chaos report, now in its 15th edition, analysed the world’s top 60 banks’ underwriting and lending to more than 4,200 fossil fuel firms…Continue readingBanks have given almost $7tn to fossil fuel firms since Paris deal

World’s coal power capacity rises despite climate warnings

A report by Global Energy Monitor found that coal power capacity grew by 2% last year, driven by an increase in new coal plants across China and a slowdown…Continue readingWorld’s coal power capacity rises despite climate warnings

ADNOC Gas signs multi-year LNG supply deal with JERA Global Markets

UAE’s integrated gas processing company ADNOC Gas has entered into a multi-year liquified natural gas (LNG) supply agreement with JERA Global Markets, a subsidiary of Japan’s JERA. The agreement,…Continue readingADNOC Gas signs multi-year LNG supply deal with JERA Global Markets

Brown bear cubs in Japan die of starvation amid salmon shortage

As many as eight in 10 brown bear cubs born this year in a remote part of northern Japan have died amid a shortage of salmon, with experts blaming…Continue readingBrown bear cubs in Japan die of starvation amid salmon shortage

Deadly flooding hit several countries at once. Scientists say this will only be more common

Extreme rainfall accompanied by deadly flooding hit the United States and several other countries over the weekend and last week. In the U.S., flooding claimed five lives in Upper…Continue readingDeadly flooding hit several countries at once. Scientists say this will only be more common

Global warming is supercharging weather events, say scientists

Schools in Delhi closed after monsoon rains caused landslides and flash floods on Monday. More than 50 people died across northern India, including in the Himachal Pradesh and Uttarakhand…Continue readingGlobal warming is supercharging weather events, say scientists

Journey to the deep: Plastic pollution in the Pacific Kuril-Kamchatka Deep-Sea Trench

A team of scientists has completed the most comprehensive study of (macro)plastic waste in the Kuril-Kamchatka Trench, a 2,250-kilometer-long deep-sea trench in the northwestern part of the Pacific Ocean.…Continue readingJourney to the deep: Plastic pollution in the Pacific Kuril-Kamchatka Deep-Sea Trench

Deep-sea mining causes huge decreases in sealife across wide region, says study

According to analysis of seabed ecology undertaken after drilling tests in 2020 in Japan – the country’s first successful extraction of cobalt crusts from deep-sea mountains – there was…Continue readingDeep-sea mining causes huge decreases in sealife across wide region, says study

‘Heaviest rain ever’ causes deadly floods and landslides in Japan

Mud engulfs houses and cars as island of Kyushu bears brunt of annual rainy season that is worsening with climate change. Six people died and three others were missing…Continue reading‘Heaviest rain ever’ causes deadly floods and landslides in Japan

Japan reports warmest spring on record

Japan experienced its warmest spring on record this year, the national weather agency said Thursday, as greenhouse gasses and El Nino send temperatures soaring worldwide. Temperatures across March, April…Continue readingJapan reports warmest spring on record

More than 90% of identifiable trash in North Pacific Garbage Patch comes from just six countries

The researchers were able to identify the country of origin for 232 objects, with the largest percentage being from Japan at 33.6%. China was next at 32.3% followed by…Continue readingMore than 90% of identifiable trash in North Pacific Garbage Patch comes from just six countries

Another big Alaska fossil fuel project gets Biden team’s blessing

Two years ago, a multibillion-dollar natural gas export project planned for Alaska appeared all but dead, the victim of tough economics and Donald Trump’s trade wars. But now it’s…Continue readingAnother big Alaska fossil fuel project gets Biden team’s blessing

MODEC wins contract for FPSO of ExxonMobil’s Uaru oil project

ExxonMobil’s Uaru development is targeting approximately 1.319 billion barrels of oil. MODEC has won a contract to undertake engineering and design for a floating production, storage, and offloading vessel…Continue readingMODEC wins contract for FPSO of ExxonMobil’s Uaru oil project

MidOcean to acquire Tokyo Gas’ stakes in Australian gas projects for $2.1 billion

MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, has agreed to acquire the stakes of Tokyo Gas in four integrated LNG projects in Australia…Continue readingMidOcean to acquire Tokyo Gas’ stakes in Australian gas projects for $2.1 billion

Spot Australian thermal coal has surged

The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market for the polluting fuel has…Continue readingSpot Australian thermal coal has surged

Asia goes nuclear

Japan has begun restarting nuclear plants that have been idle since the 2011 Fukushima disaster, with Prime Minister Fumio Kishida pledging to get at least nine reactors up and…Continue readingAsia goes nuclear

Japan Swelters Through a Punishing Heat Wave

Japan is enduring one of its worst heat waves on record, raising concern about potential power shortages amid surging demand, even as officials urged people to keep their air-conditioners…Continue readingJapan Swelters Through a Punishing Heat Wave

The great climate backslide: How governments are regressing worldwide

From the U.S. to China, in Europe, India and Japan, fossil fuels are staging a comeback, clean energy stocks are taking a hammering, and the prospects for speeding the…Continue readingThe great climate backslide: How governments are regressing worldwide