Study: Fossil fuel firms owe $209bn a year for climate damage
22 May 2023
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| The CEOs of the Oil and Gas Climate Initiative pictured in 2016 PHOTO: BP |
A multi-billion dollar reparations scheme has been proposed for fossil fuel companies to atone for the damage caused by their greenhouse gas emissions.
Climate crisis risks to Aus economy and environment ‘intense and scary’, unreleased govt report
Today 11:30am
Sources say delayed risk assessment includes modelling of effects of climate crisis in ways that have been little discussed in political debate so far.
Alaskan glacier ice dam releases floodwater toward downstream homes
Today 11:30am
A huge basin of rainwater and snowmelt dammed by Alaska’s Mendenhall Glacier has started to release, and officials on Tuesday urged residents in some parts of Juneau to evacuate ahead of what could be a record surge of floodwater downstream.
Why China is still building new coal – and when it might stop
Today 11:30am
Last year, China started construction on an estimated 95 gigawatts (GW) of new coal power capacity, enough to power the entire UK twice over.
US to retaliate against IMO members that back net zero emissions plan
Today 11:30am
The U.S. rejected the "Net-Zero Framework" proposal by the International Maritime Organization, which is aimed at reducing global greenhouse gas emissions from the international shipping sector, and threatened measures against countries that support it.
Plastic treaty talks nearing collapse as nations remain deadlocked on production
Today 11:30am
Environmental organisations warn that without urgent compromises the session could fail to produce a treaty capable of tackling the scale of the crisis.
Four laws that could stymie the Trump EPA’s plan to rescind the endangerment finding, central to US climate policies
Today 11:30am
The Trump administration’s plan to unravel many of the nation’s climate policies hinges on rescinding what’s known as the endangerment finding. But its strategy for doing that appears to run afoul of several federal laws.
Climate scientists criticise Ireland over new ‘temperature neutrality’ proposal
Wed 13 Aug 2025
Climate scientists have criticised Ireland over proposed measures that would weaken the country’s commitments to reducing methane emissions.
Australia can hit an 85% emissions cut by 2035 – if government and business seize the moment
Wed 13 Aug 2025
Discussions are hotting up over Australia’s 2035 emission reduction target, which the federal government is due to reveal by September this year. It will be a crucial announcement, for several reasons.
Rise in dengue fever outbreaks across the Pacific driven by the climate crisis, experts say
Wed 13 Aug 2025
Samoa, Fiji and Tonga among the worst affected amid warning the disease and others will become ‘more common and more serious’ as the planet warms.
Brazil's Lula vetoes parts of environment bill pushed by the opposition that could harm the Amazon
Wed 13 Aug 2025
Brazil’s president has vetoed parts of a controversial congressional bill that sought to loosen the country’s environmental licensing rules.
