By Alexander Ratz, Sarah Marsh and Valerie Volcovici BERLIN (Reuters) – U.S. climate envoy John Kerry said on Wednesday China has invited him to visit “in the near term” for talks on averting a global climate change crisis even as diplomatic relations between the world’s two biggest greenhouse gas emitters remain tense. The United States…
By Brendan O’Brien (Reuters) – New York has become the first U.S. state to pass legislation banning the use of natural gas for heating and cooking in some new buildings, a plan designed to reduce carbon emissions but opposed by industry groups as excessive and costly. Both the Democratic-led Assembly and Senate late on Tuesday…
By Eric Onstad and Ashitha Shivaprasad LONDON/BENGALURU (Reuters) – Copper prices are due to recover slightly in coming months, supported by low inventories, but the upside will be curbed by weak physical demand in China and the threat of a global recession, a Reuters poll showed. Copper prices have been gradually losing steam since hitting…
(Reuters) – Shares of major U.S. regional banks were volatile on Wednesday, after two straight sessions of declines following the collapse of the third U.S. lender and investors looked ahead to the Federal Reserve’s commentary at its policy meeting. The central bank is widely expected to raise its benchmark interest rate by another 25 basis…
By Isla Binnie and Ross Kerber (Reuters) – Florida governor Ron DeSantis signed into law on Tuesday a bill barring state officials from investing public money to promote environmental, social and governance goals, and prohibiting ESG bond sales. The bill is one of the furthest-reaching efforts yet by U.S. Republicans against sustainable investing efforts, and…
By Andy Sullivan WASHINGTON (Reuters) – A top White House official said on Tuesday that he was not concerned that President Joe Biden’s signature clean-energy law could cost more than originally anticipated as businesses take advantage of tax breaks that aim to spur green development. “I think this is evidence that the bill was actually…
By Valerie Volcovici, Timothy Gardner and Jeff Mason WASHINGTON (Reuters) -The White House will support Senator Joe Manchin’s bill introduced on Tuesday to speed energy project permits, because it would help clean power companies use vast incentives in President Joe Biden’s climate law, adviser John Podesta said. Despite recent calls by Manchin, a conservative West…
By Leah Douglas WASHINGTON (Reuters) – The Biden administration will defend funding for climate-smart farming in the $430 billion U.S. Inflation Reduction Act (IRA) if Republican lawmakers seek to cut it during negotiations for the next farm bill, an official said Tuesday. The IRA, which aims to cut emissions across the U.S. economy, includes $20…
By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker recruitment is in hyperdrive, with hiring trips to women’s shelters and immigrant support groups and an open door for applicants with no high school degree or manufacturing experience. For Minnesota’s healthcare industry, an estimated 5,000…
By Andrew Hay ACEQUIA DE LA SIERRA, New Mexico (Reuters) – Rivers are roaring in northern New Mexico after a big snowpack. But sacred pastures Jimmy Sanchez’s family has irrigated for seven generations are dry. Sanchez has labored in snow, mud and ice to clear centuries-old irrigation ditches of fallen trees and debris left in…
