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19%  
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Keyword: valerievolcovici

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  • World reacts to Trump withdrawing US from Paris climate pact

    01/21/2025 8:02:07 AM PST · by where's_the_Outrage? · 88 replies
    Reuters ^ | Jan 21, 2025
    WASHINGTON (Reuters) -President Donald Trump ordered the U.S. to withdraw from the Paris climate agreement on Monday, once again placing the world's top historic emitter of greenhouse gases outside of the global pact aimed at pushing nations to tackle climate change. Here are some reactions to the announcement of the second U.S. withdrawal from the climate pact: SIMON STIELL, U.N. CLIMATE CHANGE EXECUTIVE SECRETARY "Embracing (the global clean energy boom) will mean massive profits, millions of manufacturing jobs and clean air. Ignoring it only sends all that vast wealth to competitor economies, while climate disasters like droughts, wildfires and superstorms...
  • Facing brutal climate math, US bets billions on direct air capture

    04/18/2023 4:00:11 AM PDT · by Oldeconomybuyer · 74 replies
    Reuters via MSN ^ | April 18, 2023 | By Susanna Twidale, Valerie Volcovici, Simon Jessop and Peter Henderson
    (Reuters) - The world is failing to cut carbon emissions fast enough to avoid disastrous climate change, a dawning truth that is giving life to a technology that for years has been marginal – pulling carbon dioxide from the air. Leading the charge, the U.S. government has offered $3.5 billion in grants to build the factories that will capture and permanently store the gas - the largest such effort globally to help halt climate change through Direct Air Capture (DAC) and expanded a tax credit to $180/tonne to bolster the burgeoning technology. The sums involved dwarf funding available in other...
  • U.S. Judge Nullifies Results of November Offshore Lease Auction Over Climate Impact

    01/28/2022 8:59:25 AM PST · by texas booster · 30 replies
    Offshore Engineer ^ | Jan 28 2022 | Nichola Groom and Valerie Volcovici
    A federal judge invalidated the results of an oil and gas lease sale in the Gulf of Mexico on Thursday saying the Biden administration failed to properly account for the auction's climate change impact. The decision has cast uncertainty over the future of the U.S. federal offshore drilling program, which has been a big source of public revenue for decades but also drawn the ire of activists concerned about its impact on the environment and contribution to global warming. The Gulf of Mexico accounts for 15% of existing U.S. oil production and 5% of dry natural gas output, according to...