IEA chief sees energy crunch for Europe next winter
The head of the International Energy Agency says Europe should be able to cope with the natural gas supply crunch in the coming months thanks to considerable reserves but warned that the continent could face a bigger energy crisis next winter.
EU shakes up climate talks with surprise disaster fund offer
Climate talks appeared stalled late night Thursday on major issues going into the final day, but possibilities for a deal were buoyed by an unexpected proposal by the European Union on two of the thorniest issues, tying compensation for climate disasters to tougher emissions cuts.
New infrastructure deal must focus on climate, activists say
Climate activists and their Democratic allies in Congress are pressing with renewed urgency for huge investments to slow global warming, after a bipartisan infrastructure plan cut out some of President Joe Biden’s key climate initiatives. Supporters say a larger, Democratic-only package now being developed in Congress must meet Biden’s promise to move the country toward carbon-free electricity, make America a global leader in electric vehicles and create millions of jobs in solar, wind and other clean- energy industries. On the other hand, a less costly bill that does not fully address climate change risks losing support from large numbers of liberal Democrats who have pledged action on an issue that Biden has called “the existential crisis of our times.”news.yahoo.com