By David Alire Garcia MEXICO CITY (Reuters) – Chilean President Gabriel Boric’s pitch last week to enshrine greater state control over lithium is emerging as the latest test for the resource nationalism embraced by Latin America’s ascendant left but which has proven tough to implement in practice. While the former student protest leader’s proposal to…
By David Morgan and Richard Cowan WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday narrowly passed a bill to raise the government’s $31.4 trillion debt ceiling that includes sweeping spending cuts over the next decade. The bill isn’t expected to pass the Senate, and President Joe Biden would veto it if it did…
By Richa Naidu LONDON (Reuters) – Nestle is piloting using Airbus satellites to monitor reforestation, amid global concerns about whether consumer goods companies are doing enough to reduce their carbon footprints. Airbus’ Pléiades Neo satellites will provide high-resolution images in the Ranong and Chumphon provinces of southern Thailand that will help to ensure trees Nestle…
By Dominique Vidalon PARIS (Reuters) -Danone, the world’s largest yoghurt-maker, raised its 2023 outlook on Wednesday after it managed to pass on increased costs through price rises and first-quarter sales growth was the fastest in a decade. Danone, which expects prices to peak this year and also anticipates productivity gains, kept its forecast for a…
By Steve Gorman and Daniel Trotta (Reuters) – Most of the vast, scenic valley at the heart of Yosemite National Park in California will close to visitors this weekend in a rare shutdown prompted by forecasts of floods from rapid snowmelt. The closure will start at 10 p.m. on Friday and last at least until…
WASHINGTON (Reuters) – U.S. nuclear regulator said on Tuesday it has launched an inspection to examine ground settling at various places around Energy Harbor Corp’s Davis-Besse nuclear power plant in Ohio. The Nuclear Regulatory Commission said in release it determined a “special inspection” was necessary after learning that a failure in October 2022 of a…
By Ross Kerber (Reuters) -Top U.S. bank investors gave only slim support on Tuesday to shareholder resolutions calling for the lenders to wind down new fossil fuel financing, setbacks for climate activists who had hoped for new constraints on the oil and gas industries. The resolutions won only about 10% support of votes cast at…
By Nichola Groom (Reuters) – President Joe Biden’s administration on Tuesday said it had finalized an area of nearly 10 million acres in the Gulf of Maine for potential offshore wind development, a major step toward expanding the industry into northern New England. The announcement was the latest milestone in the government’s plan to put…
By Kate Abnett BRUSSELS (Reuters) -EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe’s carbon market, which is set to make it more costly to pollute and sharpen the 27-member bloc’s main tool for cutting carbon dioxide emissions. The world’s first major carbon trading system has since 2005…
NEW YORK (Reuters) – Switching to clean energy from natural gas-fired electricity is the New York power industry’s top challenge this year, New York Power Authority’s chief executive said on Monday. “That’s the biggest challenge, I think, that we and the industry faces,” said Justin Driscoll, who heads the nation’s largest state-owned electric utility, at…
