Energy transition more likely to be delayed with dire consequences, says WoodMac

The world could be heading for a 3-degree C warming trajectory as political headwinds slow the energy transition, says a new report by Wood Mackenzie.

Bankers reassessing accelerating climate crisis in anticipation of trillions of dollars of annual damage

As the climate crisis accelerates, banks are facing increasing financial risks and have begun to try to assess their exposure to the trillions of dollars of damage extreme weather will do every year.

Record rainfall hits Kyiv as meteorologists warn of flood risk

Global warming and war redraws undersea internet cable connections map

A 14,500-kilometre subsea cable project in the Arctic will redraw the international data traffic route, offering a strategic alternative away from vulnerable European cables that have already come under attack by the West’s enemies.

World Meteorological Organisation issues ‘red alert’ on climate crisis

The UN’s World Meteorological Organisation has issued a “red alert” on the climate crisis, citing unprecedented increases in 2023 in greenhouse gases, land and water temperatures and melting of glaciers and sea ice.

Rain, rain go away

The hotter the world gets, the more water the air can hold and the more it will rain.

EM winners and losers from the global green transformation

The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.

Cheap coal from Putin fires Turkey up the dirty power generation league

Country dislodges Poland from second spot in Europe for electricity made with coal. Ankara took advantage of lower Russian shipment prices caused by EU embargo.

EU's CBAM poses financial threat to Ukrainian producers during wartime

The introduction of the European Union's Carbon Border Adjustment Mechanism (CBAM) in 2026 could potentially impose big new financial strains on Ukrainian producers, costing them millions in lost trade, unless the EU offers exemptions due to the war

Energy-related CO2 emissions increased last year, but slower than in 2022, says IEA

In 2023, global CO2 emissions from energy rose at a slower pace compared with the previous year.

Climate alarm bells ringing loud as planet enters uncharted territory in 2024 – in charts & graphs

“Life on planet Earth is under siege. We are now in an uncharted territory. For several decades scientists have consistently warned of a future marked by extreme climatic conditions because of escalating global temperatures."

Antarctic ice melt barriers disappearing twice as fast

Undersea anchors of ice that help prevent Antarctica’s land ice from slipping into the ocean are shrinking at more than twice the rate compared with 50 years ago, research shows.

Fusion another step closer?

Fusion, the holy grail of the energy transition, is closer than ever before. But it’s still unclear whether it can be commercialised in time to ward off the climate crisis.

Amazon faces “tipping point”, say researchers

The Amazon rainforest could face “large-scale collapse” by 2050, says new research.