By Valerie Volcovici and Leah Douglas WASHINGTON (Reuters) – The United Arab Emirates said on Tuesday that countries should agree to phase out fuel emissions – not the production of oil, gas and coal – at the upcoming U.N. climate change negotiations that it will host this December. The comments reflect deep divisions between nations…
By Joseph White DETROIT (Reuters) – Ford Motor Co on Wednesday unveiled the latest addition to its muscle truck franchise – a Ranger Raptor midsize pickup with a 405-horsepower engine and a suspension designed for racing across the desert, made possible in part by Ford’s electric vehicles. The Ranger Raptor, and the rest of the…
By David Shepardson WASHINGTON (Reuters) – An auto trade group warned on Tuesday that aggressive U.S. targets for reductions in vehicle emissions may rely on a too rapid transition to electric vehicles (EVs) and pose significant challenges with manufacturing and supply chains. The U.S. Environmental Protection Agency (EPA) has proposed sharp emissions cuts that it…
By David Shepardson WASHINGTON (Reuters) -Norfolk Southern said on Tuesday it will establish a fund to reimburse homeowners who live near the site of a Feb. 3 train derailment in East Palestine, Ohio who sell their homes for less than what the property was worth before the incident. Norfolk Southern CEO Alan Shaw told senators…
GEORGETOWN (Reuters) – Guyana’s environmental regulator on Tuesday appealed a court decision that last week declared that the agency and Exxon Mobil unit breached oil-spill insurance obligations for the company’s first offshore project in the country. Guyana’s High Court Justice Sandil Kissoon said in his ruling that Exxon “engaged in a disingenuous attempt” to dilute…
By Marc Jones and Rodrigo Campos LONDON/NEW YORK (Reuters) – Ecuador sealed the world’s largest “debt-for-nature” swap on record on Tuesday, selling a new “blue bond” that will funnel at least $12 million a year into conservation of the Galapagos Islands, one of the world’s most precious ecosystems. Having bought back roughly $1.6 billion of…
WASHINGTON (Reuters) – Dozens of Democratic lawmakers on Monday called on the Biden administration to consider the climate and environmental justice impacts of the expansion of the liquefied natural gas (LNG) industry. The 44 lawmakers, including Senators Jeffrey Merkley, Edward Markey and Representatives Jared Huffman and Raul Grijalva, urged the Council on Environmental Quality, a…
By Brendan O’Brien and Tyler Clifford (Reuters) – A Texas man accused of crashing his car into a group of pedestrians near a Brownsville homeless shelter housing migrants, killing eight people, has been charged with manslaughter and aggravated assault, police said on Monday. The driver, identified as 34-year-old George Alvarez, ran a red light, lost…
By Nick Carey LONDON (Reuters) – Ford Motor Co said on Tuesday it will test a small fleet of prototype hydrogen fuel-cell versions of its electric E-Transit model to see if they are a workable zero-emission option for customers hauling heavy goods long distances. Ford will lead a consortium in the three-year project that includes…
JOHANNESBURG (Reuters) – International Monetary Fund staff have reached agreement with Niger’s government on new financing of around $133 million and the third review of another facility that could lead to a disbursement of about $27 million, the IMF said on Tuesday. The agreement is subject to the approval of the IMF executive board, which…
