July 14, 2022

Big name investors back new climate venture fund

The Systemiq Capital Fund II will focus on climate tech companies that help reduce emissions and improve sustainability.

July 14, 2022

Anglo American, Nippon Steel to work on low-carbon steelmaking

They will work on solutions for lower-carbon steelmaking, a process responsible for up to 9% of global greenhouse emissions.

July 13, 2022

Heat waves across Europe show dangers of weakening climate goals

Record-high temperatures had brought the earliest-ever heat wave across large sections of France, as well as to Spain and parts of Italy.

July 13, 2022

Glencore expands coal mining in an Australian methane hotspot

The Hail Creek mine spewed between 123,000 and 263,000 metric tons of methane last year, according to scientists at the SRON Netherlands Institute for Space Research.

July 13, 2022

Energy crisis is hastening end of fossil fuel era, says India

Renewables paired with energy storage are now cheaper than coal after the fuel’s price surged in recent months.

July 13, 2022

Indonesia set to boost coal output to fill Russia supply gap

Energy minister Arifin Tasrif said countries had asked Indonesia for coal in the wake of sanctions on Russia.

July 12, 2022

Fossil fuel deals aren’t worth it for banks, climate group says

For 22 leading global banks, the multi-million dollar revenues from arranging bond sales for coal, oil and gas companies pale in comparison to the climate impact of their emissions profile.

July 12, 2022

China’s imports of key commodities set to make a patchy recovery on growing mobility

Among metals, copper imports are expected to post a modest pickup even though demand remains sluggish.

July 8, 2022

Top 50 mining stocks lose $600bn in market value from peak

After a brutal second quarter, investors in the world’s 50 biggest mining companies are in full retreat as metal prices slump and uncertainty grips the sector.     

July 8, 2022

Giant new power plants undermine South Africa’s emissions pledge

The 4,800MW Kusile plant and the almost identical Medupi facility will be key to meeting its demand for energy.