Environment

MELBOURNE (Reuters) – Norway’s Equinor ASA has abandoned plans to explore for oil in the deep waters off Australia’s south coast, saying it was not “commercially competitive”, following in peers’ footsteps in a move hailed as a big win by green campaigners. FILE PHOTO: Equinor’s logo is seen at the company’s headquarters in Stavanger, Norway

LONDON (Reuters) – Europe’s top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission’s flagship goal of ‘climate neutrality’ by 2050, according to a report released on Tuesday. FILE PHOTO: The lignite power plants of “Neurath New”, Niederaussem, and “Neurath Old” of German energy supplier

WINNIPEG, Manitoba/OTTAWA (Reuters) – Teck Resources Ltd’s surprise decision to cancel a planned C$20.6 billion ($15.6 billion) oil sands mine in northern Alberta, citing uncertainty about Canada’s climate policy, underscores a global struggle to balance energy growth with environmental concerns. FILE PHOTO: Visitors pass a logo of Teck Resources Ltd mining company during the Prospectors

FILE PHOTO: A man walks into the JP Morgan at Canary Wharf in London May 11, 2012. REUTERS/Dylan Martinez/File Photo NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) executives plan to announce new climate-change initiatives on Tuesday, including restrictions on financing coal mining and Arctic drilling, as well as a $200 billion target to

PARIS (Reuters) – France needs to retain pesticides to combat new plant diseases spread by international trade and climate change even as it tries to phase out some crop chemicals like glyphosate, the country’s health and safety agency said. FILE PHOTO: French farmer Herve Fouassier pulls up a dead weed as he demonstrates the impact

BISHAM ABBEY, England (Reuters) – The heat and humidity of Tokyo in August will come as no surprise to Britain’s Olympic athletes, even if they have never been to Japan and are more used to training in the cold and rain. FILE PHOTO: A woman holding a sunshade walks past Olympic rings displayed at Nihonbashi

VENICE, Italy (Reuters) – Scarcely have floods that hit Venice last year receded than the coronavirus has posed a new threat to the lagoon city’s billion-euro tourism industry, shutting carnival for the first time in 50 years and fuelling fears of a second “economic” virus. People wear protective masks at Venice Carnival, which the last

FILE PHOTO: Smoke rises from the smouldering remnants of a bushfire in La Macarena, Colombia February 22, 2020. Colombian Defense Ministry/Handout via REUTERS BOGOTA (Reuters) – Colombia will create a special military unit to protect its national parks and step up operations against illegal armed groups who burn vegetation to clear space to plant coca,

SARAJEVO (Reuters) – The European Union’s energy watchdog praised Montenegro on Monday for introducing legislation to limit the emission of greenhouse gases (GHG) as well as an emission trading scheme for large industrial emitters. “Montenegro continues to lead the way … in the establishment of a complete system required to reduce GHG, protect the ozone

OSLO (Reuters) – Greenpeace and its partners on Monday asked Norway’s supreme court to rule on the legality of the country’s Arctic oil and gas exploration licenses, in a case that could block the petroleum industry’s expansion plans. FILE PHOTO: Climate change activists from Greenpeace display a banner outside the EU Council headquarters, ahead of

RIYADH (Reuters) – Finance officials from the world’s 20 biggest economies (G20) on Sunday referenced climate change in their final communique for the first time in U.S. President Donald Trump’s administration, but stopped short of calling it a major risk to the economy. FILE PHOTO: Journalists sit in the media center during the meeting of

A plane is seen parked on a tarmac during a sandstorm blown over from North Africa known as “calima” at Las Palmas Airport, Canary Islands, Gran Canaria, February 22, 2020. REUTERS/Borja Suarez GRAN CANARIA, Spain (Reuters) – All incoming flights to Spain’s Canary Islands were diverted on Sunday, airport operator AENA said, after a sandstorm

WINNIPEG, Manitoba (Reuters) – As Canadian Prime Minister Justin Trudeau considers whether to approve Teck Resources’ Frontier oil sands project, roughly 20 others sit on the shelf as companies delay investment decisions hoping for new pipelines and higher prices. FILE PHOTO: Canada’s Prime Minister Justin Trudeau speaks to news media in Ottawa, Ontario, Canada February

RIYADH (Reuters) – Finance officials from the world’s 20 biggest economies (G20) on Sunday agreed the wording of a final communique that includes a reference to climate change for the first time in U.S. President Donald Trump’s administration, G20 diplomatic sources said. FILE PHOTO: Journalists sit in the media center during the meeting of G20

FILE PHOTO: Journalists sit in the media center during the meeting of G20 finance ministers and central bank governors in Riyadh, Saudi Arabia, February 22, 2020. REUTERS/Ahmed Yosri RIYADH (Reuters) – Finance officials from the world’s 20 biggest economies (G20) meeting in Riyadh on Sunday reached agreement on the wording of a final communique that

ISTANBUL/DUBAI (Reuters) – Eight people died and others were stuck under collapsed buildings in southeastern Turkey on Sunday after a magnitude-5.7 earthquake struck near the border with Iran, the Turkish government said as teams dug through rubble in nearby villages. Three of those killed were children and 21 people were injured, including eight critically, Turkey’s