Pope Francis on Wednesday implored the world to protect the “suffering” planet, lamenting that scant progress had been made in the eight years since he refocused the Roman Catholic Church more fully on environmental issues in a landmark and widely praised treatise. “With the passage of time, I have realized that our responses have not […]
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The Biden administration announced Friday it would lease a handful of spots in the Gulf of Mexico to oil companies for drilling over the next five years, a move that is likely to anger both climate activists and the fossil fuel industry. The administration said oil and gas companies would be able to drill in […]
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The stock market is staggering to the end of its worst month of the year so far, dragged down by fears of a looming government shutdown, striking autoworkers, surging oil prices and the prospect of interest rates remaining high for longer than previously thought. Combined, they are darkening the outlook for the economy. The S&P […]
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On the day Azerbaijan’s military sliced through the defenses of an ethnic Armenian redoubt last week, American soldiers from the 101st Airborne Division had just finished a training mission in nearby Armenia, a longtime ally of Russia that has been trying to reduce its near-total dependence on Moscow for its security. The Americans unfurled a […]
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Tens of thousands of climate protesters who filled Midtown Manhattan last week directed their anger at President Biden, who has done more to combat climate change than any of his predecessors. But in their view, he has failed in one important way: Mr. Biden has not stopped oil and gas drilling on public lands and […]
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Many energy analysts think that oil prices will soon rise above $100 a barrel for the first time in more than a year, since the turmoil that followed Russia’s invasion of Ukraine. The price of Brent crude, the international benchmark, has gained about 30 percent since the start of July, trading at about $96.50 a […]
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Cleaner energy technologies like electric cars and solar panels are spreading so rapidly that the global use of oil, coal and natural gas could peak this decade, but countries will still need to pursue more aggressive measures if they want to limit global warming to relatively safe levels, the world’s leading energy agency said Tuesday. […]
Read More Cleaner energy technologies like electric cars and solar panels are spreading so rapidly that the global use of oil, coal and natural gas could peak this decade, but countries will still need to pursue more aggressive measures if they want to limit global warming to relatively safe levels, the world’s leading energy agency said Tuesday. […]
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California is taking some of the world’s biggest energy companies, including Shell, Exxon Mobil and Chevron, to court, accusing them of concealing the damage caused by fossil fuels on the state for more than half a century. The state’s lawsuit is the most significant attempt to take on Big Oil over its role in climate […]
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Today was the day for The New York Times’s annual Climate Forward live event in Manhattan. David Gelles, Somini Sengupta and other Times reporters talked with some of the climate sector’s most vital newsmakers to share ideas, work through problems and answer tough questions about the threats presented by a rapidly warming planet. As the […]
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Gov. Ron DeSantis of Florida on Wednesday unveiled an energy plan in the heart of oil country, criticizing electric vehicles and global climate agreements, promising lower fuel prices and pushing for more oil and gas development. In a policy rollout at an oil rig site in Midland — a West Texas city that derives much […]
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Michael Bloomberg is many things: former New York City mayor, founder of a financial data company, failed presidential candidate and the 11th richest man in the world. Since leaving public office 10 years ago, Mr. Bloomberg, 81, has also emerged as perhaps the world’s single largest funder of climate activism, making himself an expensive thorn […]
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What rising oil prices mean for the Fed Crude oil has slipped below the 10-month high it hit on Tuesday. But analysts say the monthslong rally that has sent prices close to $100 a barrel isn’t over, posing a big risk for global growth and complicating central bankers’ efforts to tame inflation. Expect Jay Powell […]
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Your eyes are not deceiving you: Gas prices are rising yet again. On Wednesday, the national average for unleaded gasoline was $3.88 per gallon, according to AAA, the highest level since October. That’s far below its peak in June 2022, when the average briefly ticked over $5 a gallon after Russia’s invasion of Ukraine crimped […]
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Sunday in New York was as pleasant as a late summer day can be. But as tens of thousands of dancing, chanting, sign-wielding protesters took over Midtown Manhattan for the March to End Fossil Fuels, the specter of fires, floods and storms was on everyone’s mind. Extreme weather, much of it fueled by climate change, […]
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We’ve just had the hottest summer in recorded history, with runaway wildfires in Canada and Hawaii, ruinous floods from Slovenia, Sudan and Hong Kong to Vermont and Brazil. We’ve seen nearly half of the world’s ocean waters in a heat wave, having absorbed some 90 percent of the heat produced by our greenhouse gas emissions. […]
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The world’s top diplomat, António Guterres, the United Nations secretary general, has lately been unusually blunt in his broadsides against fossil fuel producers. He has accused them of “profiting from destruction.” He has urged governments to stop funding coal and to put the brakes on new oil and gas projects. “History is coming for the […]
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Tens of thousands of people, including students, retirees, scientists, politicians and celebrities, began to fill the streets of Midtown Manhattan on Sunday to demand that world leaders quickly pivot away from the fossil fuels that are dangerously heating up the planet. Sunday’s demonstrations were part of a weekend of large peaceful protests in Germany, England, […]
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The state of California sued several of the world’s biggest oil companies on Friday, claiming their actions have caused tens of billions of dollars in damage and that they deceived the public by downplaying the risks posed by fossil fuels. The civil case, filed in superior court in San Francisco, is the latest and most […]
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It’s officially climate summit season. Starting on Sunday in New York, policymakers, diplomats and many others will convene for Climate Week, along with the U.N. General Assembly and several related gatherings, including our own Climate Forward event. And COP, the annual U.N.-sponsored climate meeting, is just a couple months away. Each year, the talks get […]
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On a craggy desert plateau in Uzbekistan, a renewable energy company from the United Arab Emirates is putting up more than 100 wind turbines. And on the other side of this vast, landlocked Central Asian nation, the same company’s owners, Emirati fossil-fuel investors, are pouring billions of dollars into a gas plant expansion. The Emirates, […]
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During his 2018 run for governor, Ron DeSantis not only pledged to protect Florida’s Everglades and waterways, he also acknowledged that humans played a role in exacerbating the climate change that threatened them. “I think that humans contribute to what goes on around us,” Mr. DeSantis told the editorial board of The Florida Times-Union, a […]
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Eight years after world leaders approved a landmark agreement in Paris to fight climate change, countries have made only limited progress in staving off the most dangerous effects of global warming, according to the first official report card on the global climate treaty. Many of the worst-case climate change scenarios that were much feared in […]
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President Biden’s decision on Wednesday to block drilling on millions of acres of Alaskan tundra was the latest in a series of aggressive actions recently taken by the administration to curtail fossil fuel extraction on public land and in federal waters. Over the past several months, the administration has moved to bar drilling on 1.8 […]
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