Scrapping power plant carbon limits lands as U.S. electricity demand climbs toward a record, turning a climate fight into an argument about who builds the next grid. WASHINGTON — The Trump administration is preparing to eliminate federal power plant carbon limits on coal- and natural-gas-fired generation, deepening its rollback of
BRUSSELS — The United Nations’ top climate official is warning governments that political polarization around climate policy risks weakening action at a moment when rising temperatures, extreme weather and energy volatility are increasingly affecting inflation, public finances and national security. Speaking before the European Parliament’s Committee on the Environment, Climate
A 10 percent jump in crude has pushed G7 yields sharply higher, and sovereign borrowing costs are climbing for the economies least able to absorb them. NEW YORK — Government bond yields are rising across major economies as higher oil prices and persistent inflation force investors to reassess the global
KATHMANDU — The catastrophic Nepal floods are drawing attention to the diminished role of USAID in overseas disaster response while highlighting a broader challenge for vulnerable countries: disaster losses are rising as traditional development assistance contracts. The August 26 disaster sent a massive torrent of ice, rock, mud and water
An unusually powerful El Niño is rapidly strengthening across the Pacific, setting up a period of heightened drought, flood, heat and food-security risks that could intensify through the end of 2026 and reverberate across the global economy well into 2027. The World Meteorological Organization said Thursday that El Niño is
Smoke from fires across Indonesia is spreading across Southeast Asia, pushing air pollution to hazardous levels and highlighting ongoing challenges in land management, regional cooperation and climate resilience. A widening Indonesia wildfire crisis is sending haze across Southeast Asia, degrading air quality from Malaysia and Singapore to the Philippines and
China has crossed a significant energy milestone: solar power is now the country’s largest source of installed electricity-generating capacity, overtaking coal for the first time. China had 1,288 gigawatts of installed solar capacity at the end of July, narrowly exceeding its 1,285 GW coal fleet, according to National Energy Administration
The Himalayan catastrophe could cost Nepal roughly a tenth of its economy, exposing a climate finance gap between the scale of vulnerability and the resources available to countries facing catastrophic losses. Nepal is confronting a reconstruction bill of as much as $5 billion after catastrophic flooding tore through the Himalayan
The disaster on the Nepal-Tibet border highlights a broader challenge for governments: warming is reshaping glaciers, water systems and the stability of some of the world’s highest mountain environments. A catastrophic glacier collapse on the Nepal-Tibet border has killed hundreds of people, left many more missing and devastated communities and
Disruptions through the Strait of Hormuz are accelerating a strategic reassessment across Europe and Asia, with renewables, storage and grids increasingly treated as national resilience infrastructure. Six months into the U.S.-Israeli war with Iran, the conflict is reshaping energy security far beyond the Middle East. The disruption of the Strait
