By David Morgan, Richard Cowan and Moira Warburton WASHINGTON (Reuters) – A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default. The Republican-controlled House voted 314-117 to…
WASHINGTON (Reuters) – A majority of the U.S. House of Representatives voted on Wednesday to approve a bipartisan bill to suspend the government’s $31.4 trillion debt ceiling, just five days before the deadline to avoid a crippling default. Voting continued on the legislation, which must also be approved by the Democratic-majority Senate before President Joe…
By Maria Carolina Marcello BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has suffered a major defeat over important legislation protecting the Amazon rainforest and the Indigenous people who live in it, and he has had to cut his losses in a conservative Congress. Lawmakers backed by the powerful farm lobby in this…
By William Schomberg LONDON (Reuters) – One year after British reporter Dom Phillips was murdered in Brazil while working on a book about saving the Amazon rain forest, a group of journalists aims to complete the project, his family and former colleagues said on Thursday. “How to Save the Amazon: Ask the People Who Know”…
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp and Chevron Corp shareholders on Wednesday overwhelmingly rejected calls for stronger measures to mitigate climate change, dismissing more than a dozen climate-related proposals at their annual meetings. The results supported the two largest U.S. oil producers in resisting pressure from investor groups calling for the pair to…
By Karl Plume (Reuters) – A merger of U.S. grains merchant Bunge Ltd with rival Viterra would grow the combined entity’s businesses in the U.S., Brazil and Australia and may raise competition concerns in parts of Canada and Argentina, where key oilseed processing assets overlap, analysts said. Sources last week said Bunge and Glencore Plc-owned…
By Andrew Chung (Reuters) – In a span of 11 months, the U.S. Supreme Court has delivered a one-two punch against the Environmental Protection Agency’s ability to combat air and water pollution in twin rulings that cloud future EPA regulatory moves, according to legal experts. Rulings last week and in June 2022 constrained the EPA’s…
By Joanna Plucinska LONDON (Reuters) – Global airlines are setting up a task force to deal with non-carbon dioxide (CO2) emissions, stepping up efforts to tackle cloudy streaks formed by aircraft known as contrails, an environmental threat that until now has taken a backseat to carbon pollution in the response to global warming. The move…
HOUSTON (Reuters) – Oil major Chevron Corp’s shareholders overwhelmingly voted against proposals on climate, including emissions. About 90.4% of preliminary votes cast were against a proposal to set a medium-term scope 3 greenhouse gas emissions reduction target. Shareholder voted in favor of reelecting all directors to the board at the annual general meeting. (Reporting by…
By Valerie Volcovici and Timothy Gardner WASHINGTON (Reuters) – The bipartisan U.S. debt deal’s provisions to speed up energy infrastructure permitting will make it easier to build fossil fuel and clean energy projects but failed to tackle the mammoth issue of building transmission and pipelines needed to get their production to consumers. The Biden administration…
