Global Resource Consumption ‘to Double by 2060’

By 2060, global consumption of raw resources is set to nearly double to 167 gigatonnes. That’s according to a new OECD report, which warns as the global economy expands, living standards rise and world population soars to 10 billion people, it will be mirrored by the projected increase in the extraction …

Taxing Carbon May Sound Like a Good Idea But Does It Work?

Exxon Mobil is backing a proposal to tax oil, gas and coal companies for the carbon they emit and redistribute the money raised that way to all Americans. It’s also giving a group urging Washington to enact a tax on carbon US$1 million to advocate for this policy. The carbon …

EU Climate Law Could Cause ‘Catastrophic’ Deforestation

Senior climate scientists say that the world’s carbon sinks could be facing a grave threat from a wholly unexpected source: the EU’s renewable energy directive. The climate law could suck in as much imported wood as Europe harvests each year because it will count energy created from the burning of …

50% of Industrial Climate Change Emissions Tied to Fossil Fuel Companies

The Rocky Mountain Institute recently released a report titled Decarbonization Pathways for Mines: A Headlamp in the Darkness, in which it was stated that in 2015, half of worldwide industrial greenhouse gas emissions came from 50 companies working in fossil-fuel industries. (This statement was a reference to a previously published …

19 Global Cities Commit to Make New Buildings Net-Zero by 2030

The world’s most iconic skylines are going green. Nineteen city leaders from the C40 coalition signed the Net Zero Carbon Buildings Declaration on Thursday to ensure all new buildings operate with a neutral carbon footprint by 2030. The mayors of Copenhagen, Johannesburg, London, Los Angeles, Montreal, New York City, Newburyport, …

Egypt Set to Open Its First Solar Farm – and It’s the Largest in...

Egypt has long relied on environmentally taxing fossil fuels. Over 90% of electricity is generated from oil and natural gas, and the country subsidizes fossil fuels, making them a cheap option for its 96 million citizens. However, Egypt’s government plans to change courses and put itself on the clean energy …