Extreme hot weather and persistent drought conditions have dealt a severe blow to olive oil production in southern Europe, resulting in a significant surge in prices. The effects of these adverse climate conditions have been particularly pronounced in the European Union (EU), where countries collectively account for a staggering two-thirds of global olive oil production, … Read more
People sit on an unusually high bench at the sunset in Copenhagen, on May 9, 2023. The height of a dozen public benches across Denmark was increased by 85 cm to draw attention to climate change. According to the World Climate Research Programme, the high-end global mean sea-level rise is now projected to be up … Read more
Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell nearly 6% on Tuesday following news that CEO Elon Musk was pressing ahead with more job cuts at Tesla, impacting an estimated 500 employees in its Supercharger team. The stock closed … Read more
G7 energy and climate ministers agreed a time frame Tuesday for phasing out coal-fired power plants that are not equipped to capture emissions in a significant step towards curbing fossil fuel use.The Group of Seven two-day meeting in Turin is the first big political session since the world pledged at the UN’s COP28 climate summit … Read more
Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024. Norway’s $1.6 trillion wealth fund added to its bets in the biggest technology companies last year after interest in artificial intelligence drove a surge in the sector. Bloomberg | Bloomberg | Getty Images … Read more
Demonstrators try to break through the blockade created by police officers to enter the city at Piazzale Roma, opposing the charge for tourists to enter the city on April 25, 2024 in Venice, Italy. Today Venice authorities launched a pilot program charging visitors a 5-euro entry fee in the hope that it will discourage at … Read more
South Pointe Beach in Miami Beach, Florida. Greg Iacurci MIAMI — Daniel Habibian worries about climate change. His clothing boutique in Miami Beach’s iconic South Beach neighborhood sits just a few blocks inland from the Atlantic Ocean. Rising seas threaten to swallow much of the Miami metro area in the coming decades as the world … Read more
Cars drive in a flooded street following heavy rains in Dubai on April 17, 2024. Giuseppe Cacace | Afp | Getty Images Hussain Sajwani, the chairman of Damac Properties, one of the United Arab Emirate’s largest private real estate developers, sought to downplay the severity of flooding in the country earlier this month, saying there were … Read more
Darren Woods, CEO of ExxonMobil, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Exxon Mobil is working on technology to directly remove carbon dioxide from the atmosphere with the goal of slashing sky-high costs by half, CEO Darren Woods said … Read more
Sarote Pruksachat | Moment | Getty Images Asia was the most disaster-hit region in the world last year as extreme weather and climate threats intensified amid global warming, according to the World Meteorological Organization, the UN’s weather agency. “Many countries in the region experienced their hottest year on record in 2023, along with a barrage … Read more
