Facing brutal climate math, US bets billions on direct air capture
By Susanna Twidale, Valerie Volcovici, Simon Jessop and Peter Henderson (Reuters) -The world is failing to cut carbon emissions fast…
Environment
Explainer-What is direct air capture and how can it fight climate change?
LONDON (Reuters) – As the need for climate action intensifies, governments and industries are exploring how to remove carbon dioxide…
TotalEnergies’ variable cost margin for European refineries jumps in the first quarter
(Reuters) – French energy company TotalEnergies’ variable cost margin for European refineries jumped to $87.8 dollar per tonne in the…
US financial institutions hit by deposit flight as clients seek higher returns
(Reuters) -Deposits at three financial institutions fell in the first quarter as the industry’s biggest crisis in more than a…
SEC chair to defend rulemaking, enforcement record before Congress
By Chris Prentice and John McCrank NEW YORK (Reuters) – The head of the U.S. Securities and Exchange Commission (SEC)…
California city can’t enforce natural gas ban, appeals court says
By Clark Mindock NEW YORK (Reuters) -Berkeley, California, cannot ban natural gas hookups in new buildings because a U.S. federal…
Big investors amp up California’s port truck-charging plan
By Lisa Baertlein LOS ANGELES (Reuters) – California’s bustling seaports, dominated by massive container vessels and soaring cranes, may seem…
G7 ministers set big new targets for solar and wind capacity
By Katya Golubkova and Yuka Obayashi SAPPORO, Japan (Reuters) -The Group of Seven rich nations on Sunday set big new…
France’s Ynsect to refocus bug business after capital increase
By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margin markets…
Freight rain derails in Maine, three employees hurt
(Reuters) – A Canadian Pacific freight train derailed and caught fire in Maine on Saturday, causing minor injuries to three…