Climate change could become a “catastrophic” threat to global security, as people lose their livelihoods, fall ill and battle over scarce water and food, a host of U.S. security, military and intelligence experts warned.
Pipeline and drilling projects in the United States and Canada, the largest and fourth-largest oil producers in the world, have been halted or delayed due to opposition to energy development.
The world’s financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new report shows.
Japan will launch a review by the end of June aimed at tightening conditions for the export of coal-fired power plants, environment minister Shinjiro Koizumi said.
Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters.
Greenpeace and its partners asked Norway’s supreme court to rule on the legality of the country’s Arctic oil and gas exploration licences, in a case that could block the petroleum industry’s expansion plans.
Ten years on, as climate change bites, local farmers are learning to adapt to the impacts of wilder weather by working with nature, from restoring wetlands to planting trees and growing hardy rice varieties, backed by international funding.
As bushfires and floods fuel public concerns in Australia about global warming, the country’s powerful mining lobby is facing increasing pressure from investors to drop support for new coal mines, according to a dozen interviews with shareholders in global mining companies.
Agricultural experts predict parts of Mexico will feel the effects of climate change more than many countries, not least because its location between two oceans and straddling the Tropic of Cancer expose it to weather volatility.
The coronavirus epidemic has already disrupted economic growth in China and a further spread to other countries could derail a “highly fragile” projected recovery in the global economy in 2020, the IMF warned.