Page 112 - Min News Today

Brazil's Mines and Energy Minister Bento Albuquerque said on Wednesday that the water shortage driving a crisis for the country's hydroelectric dams, which many observers link to climate change, had improved after recent rains.

Spain's BBVA on Wednesday said it had set intermediate targets to decarbonise its portfolio in four CO2-intensive industries as part of the lender's sustainability policy.

The following are some of the factors that may move German stocks on Wednesday:

The "socio-environmental" damage brought about by the 2015 rupture of a tailings dam in Brazil owned by miner Samarco is between 37.6 billion reais ($6.73 billion) and 60.6 billion reais, according to a study done by a company contracted by prosecutors to measure the costs of the disaster.

From replicating the process that fuels the sun to harnessing scorching temperatures deep below our feet, scientists, companies and venture capitalists are betting on high-tech ways to power the planet without emitting greenhouse gases.

Poland, Vietnam, Chile and other countries will pledge on Thursday to phase out coal-fuelled power generation and stop building new plants, in a deal the COP26 summit's British hosts said would commit 190 nations and organisations to quit the fuel.

Benchmark iron ore futures in China dived to its daily trading limit on Tuesday and fell below 600 yuan ($93.75) per tonne for the first time in nearly a year due to loose supply conditions and poor demand outlook.

China's huge hog sector is struggling with excess production after millions of small, often first-time, pig farmers entered the industry to capitalise on record profits during a swine-fever related shortage.

The United States plans to remove Ethiopia, Mali and Guinea from the agreement that gives them duty-free access to the United States, President Joe Biden said in a letter to Congress, citing human rights violations.

Britain, the United States, India, China and the European Union will aim to raise production of near-zero emission steel in all parts of the world by 2030, the British government said on Tuesday.