$500b annual bill for climate delay, says report
13 Nov 2009
Governments must act now to ward off catastrophic climate change or face additional costs of $500 billion per year of delay, says a report by the International Energy Agency.
"Saving the planet cannot wait," said the report by the 28-nation intergovernmental organisation.
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Asia-Pacific faces ‘$500bn-a-year’ hit from rising seas if current policies continue
Today 11:30am
Coastal flooding could bring $500bn of annual damages to the Asia-Pacific by the year 2100, if countries do not adapt to rising sea levels.
EU agrees to end Russian gas imports by late 2027; Hungary, Slovakia oppose
Today 11:30am
The European Union agreed on Wednesday to phase out Russian gas imports by late 2027 as part of an effort to end the bloc’s decades-long dependency on Russian energy.
Amy Westervelt: It’s time we stopped treating corporations as people
Today 11:30am
COMMENT: Treating corporations as people and granting them First Amendment rights has warped US politics and harmed the climate. We need to overturn Citizens United.
China’s BEV trucks and the end of diesel’s dominance
Today 11:30am
Cheap Chinese battery electric heavy trucks are no longer a rumor. They are real machines with real price tags that are so low that they force a reassessment of what the global freight industry is willing to pay for electrification.
Families on rooftops, homes buried by mud: Asia floods show water is overtaking wind as main threat
Today 11:30am
The fallout marks a grim escalation in deadly weather across the region that has been aggravated by the blanket of carbon pollution heating the planet.
Climate change is already costing US households up to $900 per year
Today 11:30am
A new working paper from a trio of eminent economists tallies the effects of warming — particularly extreme weather — on Americans’ budgets.
Experts work on UN climate report amid US pushback
Wed 3 Dec 2025
Some 600 experts began to work Monday on the next major UN climate report, as the international consensus on global warming is challenged by US President Donald Trump, who deems the science a "hoax".
EU carbon border tax goes easy on dirty Chinese imports, industry warns
Wed 3 Dec 2025
Businesses say Brussels got its math wrong on the carbon footprint of imports from China, Brazil and the U.S.
Hello, foreign oligarchs and corporations! Please come and sue the UK for billions
Wed 3 Dec 2025
COMMENT: The case of a planned Cumbrian coalmine shows how governments around the world are being threatened by litigation in shadowy offshore courts.
China floods the world with gasoline cars it can't sell at home
Wed 3 Dec 2025
While Western nations focus on the competitive threat of Chinese EVs, a different challenge is reshaping the auto industry. Beijing's legacy automakers are saturating emerging and second-tier markets with fossil-fuel vehicles – often undercutting their foreign partners.
