By David Shepardson WASHINGTON (Reuters) -General Motors said on Wednesday it could face compliance challenges under the Environmental Protection Agency’s proposed vehicle emissions rules and other state and federal regulations, as it cited requirements on electric vehicles. The largest U.S. automaker said in comments submitted to the EPA that there are six state and federal…
By Julia Payne and Kate Abnett BRUSSELS (Reuters) -Last month was the hottest June globally on record, with abnormally high temperatures recorded on both land and sea, the European Union’s Copernicus Climate Change Service said on Thursday. Last month smashed through the previous temperature record for the month of June – which was in 2019…
BEIJING (Reuters) -Chinese weather forecasters on Thursday issued a string of heat advisories across northern parts of the country as temperatures were expected to breach 40 degrees Celsius (104 degrees Fahrenheit) in some areas, stressing taxed power grids. The torrid heat has gripped China for several weeks, pushing local governments to ask residents and businesses…
By Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Equity funds with an environmental, social and governance (ESG) tilt suffered a large loss of investors in the three months to end-June, dragging the sector into a rare net outflow for a first half of the year, data showed. Outflows were driven by economic and regulatory…
(Reuters) -Ukrainian President Volodymyr Zelenskiy told CNN he wanted a counteroffensive against occupying Russian forces to have started sooner than it did in June and that he had urged Western allies to quicken the supply of weapons for that mission, according to excerpts via a translator released on Wednesday. “I wanted our counteroffensive to happen…
By Tommy Wilkes LONDON (Reuters) -The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership requirements, after a recent exodus of members, according to two people familiar with the discussions. The U.N.-convened Net-Zero Insurance Alliance (NZIA) is set to remove a six-month deadline for members…
By Valerie Volcovici WASHINGTON (Reuters) -The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off the coast of Atlantic City, New Jersey, becoming the third such project in the United States. Approval of Orsted’s Ocean Wind by the Interior Department is…
By Andrew Chung and John Kruzel WASHINGTON (Reuters) – Even as it has ushered in sweeping changes to American law and society – on abortion, gun rights and affirmative action – the U.S. Supreme Court has kept tabs on another issue of keen interest to its conservative majority: keeping federal regulatory power in check. The…
By Andrea Shalal WASHINGTON (Reuters) -Janet Yellen’s first trip to China as U.S. Treasury Secretary will focus on recalibrating ties between the world’s two largest economies as military communications remain frozen and Beijing’s new restrictions on exports of some metals spark fresh tensions. U.S. officials say they expect “candid” discussions during Yellen’s July 6-9 trip,…
By Gloria Dickie Monday, July 3, was the hottest day ever recorded globally, according to data from the U.S. National Centers for Environmental Prediction. The average global temperature reached 17.01 degrees Celsius (62.62 Fahrenheit), surpassing the August 2016 record of 16.92C (62.46F) as heatwaves sizzled around the world. The southern U.S. has been suffering under…
