Hours after reclaiming the presidency, Donald Trump moved swiftly on Monday to withdraw the United States from the Paris climate agreement and unleash...
Vous n'êtes pas connecté
Wealthy nations have failed to reach an agreement on curbing public finance for fossil fuel projects, the Organisation for Economic Co-operation and Development (OECD) said on Tuesday, days before climate-sceptic US President-elect Donald Trump takes office.Britain, Canada and the European Union supported plans to restrict support from export credit agencies to the oil and gas industry, but it was opposed by the United States."Despite many months of negotiations and hard work, the Participants to the OECD Arrangement were unable to reach an agreement to further restrict the provision of support for fossil-fuel related projects," the Paris-based organisation said in a statement.The discussions had started in 2023 under the auspices of the Organisation for Economic Co-operation and Development, a 38-member group of mostly developed nations.Climate campaigners say credit export agencies are the biggest source of public finance for the fossil fuel industry, undermining efforts to curb global warming."This issue may be revisited in the future," the OECD said."In the meantime, any participant that wishes to do so is free to join those who have already voluntarily adopted more restrictive terms and conditions for such transactions."US climate change policies are expected to shift drastically under Trump, who takes office on Monday.Climate campaigners fear Trump could again pull the United States, out of the landmark 2015 Paris Agreement on combatting carbon emissions, as he did during his first term.The US is the world's second-biggest emitter of greenhouse gases in volume.The incoming US president has tapped fracking magnate and climate change sceptic Chris Wright to be his energy secretary.AFP
Hours after reclaiming the presidency, Donald Trump moved swiftly on Monday to withdraw the United States from the Paris climate agreement and unleash...
CNN — President Donald Trump signed executive actions Monday and cemented his intent to double down on fossil fuels and reverse America’s...
The global energy transition drive was turned on its head on Monday, as one of its biggest contributors and advocates – the US, under...
While the U.S. Senate on Wednesday held confirmation hearings for several of President-elect Donald Trump's Cabinet nominees, the watchdog Public...
Thank you Michael a timely article. For years coal companies have sought to justify their expansions by ignoring the scale when considering global...
Donald Trump's nominee for energy secretary, a fracking magnate who has previously expressed climate change skepticism, advocated for renewable energy...
DONALD TRUMP’s preview of his second term, in his inaugural address of January 20, makes clear he will disrupt the global economic system. The...
With the U.S. Senate holding confirmation hearings for several of U.S. President-elect Donald Trump's Cabinet nominees on Wednesday, climate...
The US will once again withdraw from the 2015 Paris Climate Agreement, which aims to limit global warming to 1.5°C above pre-industrial levels agreed...
President Donald Trump said on Monday he will declare a national energy emergency aimed at boosting US oil and gas production, and lowering costs for...