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COP26 Update: Tricky Talks on Carbon Markets; Thunberg Fed Up

(Bloomberg) Energy Day at COP26 produced a couple of deals meant to phase out fossil fuels and bring in clean energy. But the agreements -- crafted as part of the U.K.’s effort to “consign coal to history” -- were soon looking a bit thin.The coal pact didn’t include the U.S. or China. It…
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A methane hunter finds leaking gas that threatens EU's climate goals

One of the most dangerous greenhouse gases is leaking into the atmosphere relentlessly from the EU’s easternmost edge. Invisible plumes of methane escape from Romania’s oil fields, gas pipes, rusting storage containers and even a well next to a playground. The job of finding the leaking gas, with more than 80 times more warming power than carbon dioxide in the short term, falls to James Turitto from the nonprofit Clean Air Task Force. He has found more than 70 leaks using a special infrared ...
Romania General United States James Turitto June Hsu Tim Doty Jonathan Banks

What to Know in Washington: GOP Has Entitlements Identity Crisis

April 13, 2021 7:02 AM By Zachary Sherwood and Brandon Lee Republican lawmakers spent much of the last four years rebranding as a working-class party, following then-President Donald Trump’s lead on things like immigration and tariffs and setting aside their push to cut spending on Social Security, Medicare and Medicaid. But Trump’s campaign pledge to “save” safety-net programs has left conservatives with an identity crisis. With their party now in the minority, ...
New York United States France General White House District Of Columbia Bruxelles Capitale
Source: bgov.com

U.S. Stocks Roar Back After Powell's Reassurance: Mar...

The benchmark stock gauge closed 0.1% higher after declining as much as 1.8% amid a rout in technology shares on concern the high-flying stocks had become overvalued. The Nasdaq 100 ended just slightly lower, mostly erasing a loss that reached 3.5% after Powell signaled the Federal Reserve was nowhere close to pulling back on its support for the economy. Airlines, lodging companies and cyclical shares set to benefit from the end of pandemic lockdowns outperformed. So-called growth shares are ha...
New York United States United Kingdom Janet Yellen Sarah Ponczek Leo Grohowski

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