LONDON – Royal Dutch Shell has exited the planned Cambo oilfield project off the Scottish coast because of insufficient financial gain, as energy firms face fierce pressure to switch to greener fuels. Shell, which has a 30-percent interest in the North Sea development, said late Thursday that the investment case was simply “not strong enough”. … Read more
GLASGOW – UN climate talks entered their final week Monday with countries still worlds apart on key issues including how rapidly the world curbs carbon emissions and how to help nations already impacted by global heating. After a week of headline announcements from host Britain on ending deforestation and phasing out coal, experts say the underlying … Read more
GLASGOW – India’s economy will become carbon neutral by the year 2070, the country’s prime minster announced Monday at the COP26 climate summit in Glasgow. “By 2070, India will achieve the target of net-zero emissions,” Narendra Modi told more than 120 leaders at the critical talks. India is the last of the world’s major carbon polluters … Read more
GLASGOW – World leaders must act to “save humanity”, UN chief Antonio Guterres said Monday as they met for the historic COP26 climate summit with code-red warnings from scientists ringing in their ears. More than 120 heads of state and government are gathering in Glasgow for a two-day summit at the start of the UN’s COP26 … Read more
