WASHINGTON (Reuters) – U.S. Vice President Kamala Harris planned to visit Miami on Friday, a White House official said, as she announces a $562 million investment in helping communities become more resilient to climate change. The trip coincides with U.S. President Joe Biden’s signing of an executive order that the White House said will direct…
By Brendan O’Brien (Reuters) -Teams of emergency crews on Thursday picked through flattened homes left in the wake of a powerful tornado that killed at least three people in central Oklahoma a day earlier. Two of the fatalities were reported in McClain County, while the third occurred in a nearby county, Sheriff’s Deputy Scott Gibbons…
By Jeff Mason WASHINGTON (Reuters) -President Joe Biden announced plans to increase U.S. funding to help developing countries fight climate change and curb deforestation in Brazil’s Amazon rainforest during a meeting on Thursday with leaders from the world’s largest economies. During a virtual meeting of the Major Economies Forum on Energy and Climate, Biden urged…
By Jeff Mason and Julia Symmes Cobb WASHINGTON (Reuters) – U.S. President Joe Biden praised Colombian President Gustavo Petro on Thursday for his country’s treatment of refugees from Venezuela and for his commitment to democracy and human rights. During a meeting at the White House, Biden said the United States and Colombia could deepen their…
(Reuters) -Residential solar company Sunnova Energy International on Thursday said the U.S. government would provide a partial loan guarantee of up to $3 billion to back financing for its rooftop solar systems. Shares of the company soared 15% following the announcement to $18.19 in afternoon trading. By lowering the cost of solar financing for up…
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said she is insisting that next steps in the World Bank’s evolution be taken in coming months, including potential changes to allow the bank’s private sector and poor country lending arms to lend to sub-sovereign entities like cities and regional authorities. Yellen told Reuters…
By Kate Abnett BRUSSELS (Reuters) – The world could breach a new average temperature record in 2023 or 2024, fuelled by climate change and the anticipated return of the El Nino weather phenomenon, climate scientists say. Climate models suggest that after three years of the La Nina weather pattern in the Pacific Ocean, which generally…
By Sabrina Valle HOUSTON (Reuters) – The two largest U.S. oil companies are road testing renewable gasoline blends that they say could bring down emissions from conventional autos to levels competitive with electric vehicles (EVs). The fuels being promoted by Chevron Corp and Exxon Mobil Corp, if made commercially available, potentially would extend the life…
By Andrea Shalal WASHINGTON (Reuters) – As the world’s largest official bilateral creditor, China should participate in meaningful debt relief for countries facing problems, but it has served for too long as a “roadblock” to necessary action, Treasury Secretary Janet Yellen said in a major speech on U.S.-China relations on Thursday. Yellen said the United…
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy unveiled a bill this week that would pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the federal debt limit, laying out an opening position in what is likely to be a tense partisan debate over government borrowing. Here is a summary…
