WASHINGTON (Reuters) – Boeing Co said on Wednesday it is rolling out a data modeling tool aimed at helping airlines and policymakers determine the quickest, most efficient path to reducing aviation emissions to zero by 2050. The tool, known as Cascade, allows users to adjust different variables – such as the use of sustainable fuels…
By Nick Carey and Barbara Lewis LONDON (Reuters) – Tyre-makers are under pressure to almost literally reinvent the wheel as regulators turn their scrutiny to tyre pollution that is set to surge with the rise of electric vehicles (EVs) and threatens to undermine those cars’ green credentials. When tyres make contact with the road,…
By Erwin Seba HOUSTON (Reuters) – Attorneys representing the family of a worker who was killed in a fire at a Texas City, Texas, refinery and another worker who was hospitalized said on Wednesday they have filed or would soon file injury claims against top U.S. oil refiner Marathon Petroleum. An employee killed in the…
(Reuters) – Large parts of the United States and some areas in Canada, home to around 165 million people, could face energy shortfalls during periods of extreme heat this summer, a group that sets reliability standards for North American electric grids warned. In its summer outlook released on Wednesday, the North American Electric Reliability Corp…
(Reuters) – The U.S. Interior Department will review the environmental impacts of a possible land swap deal that would allow a new road to cut through an Alaska wildlife refuge, it said on Wednesday. The move comes two months after Interior Secretary Deb Haaland withdrew a Trump-era land exchange deal between her agency and the…
By Kate Abnett BRUSSELS (Reuters) -Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water shortages and farmers expecting their worst yields in decades. As climate change makes the region hotter and drier, years of consecutive drought have depleted groundwater reserves. Soils have become bone dry in Spain and…
By Sarah N. Lynch and Laura Sanicola WASHINGTON (Reuters) – A subsidiary of BP plc will pay a record-setting $40 million penalty to settle civil U.S. charges that its Indiana-based oil refinery violated federal laws aimed at curbing emissions of cancer-causing benzene in wastewater and other harmful pollutants, the U.S. Justice Department said on Wednesday….
WASHINGTON (Reuters) – The International Monetary Fund’s no. 2 official said on Wednesday she sees sizeable risks that inflation will remain high or accelerate in many emerging markets and urged central banks to keep monetary policies tight. IMF First Deputy Managing Director Gita Gopinath told a conference hosted by the Central Bank of Brazil that…
By Timothy Gardner WASHINGTON (Reuters) – Companies looking to harness the process that powers the sun and stars to generate electricity expect to spend about $7 billion by the time their first nuclear fusion plants come online, a survey published on Wednesday said. Fusion occurs when the nuclei of two light atoms such as hydrogen,…
By Katya Golubkova, Yuka Obayashi and Kate Abnett TOKYO (Reuters) – Japan’s energy companies were quick to embrace the G7’s support for natural gas investment in their statement last month but analysts caution that relying on the fossil fuel may open the companies up to long-term problems. Resource poor Japan, the world’s biggest buyer of…
