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'Polluters must pay': UN Secretary-General calls for windfall taxes on fossil fuel firms

Business Green

In strongly worded address to UN General Assembly, Antonio Guterres aims latest stinging criticism at fossil fuel firms and 'their enablers' in the PR and investment industries. And yet climate action is being put on the back burner - despite overwhelming public support around the world.".

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Climate change Unveiled: The Urgent Fight for Our Planet

The Environmental Blog

Biodiversity Loss Climate change is accelerating biodiversity loss at an unprecedented rate. The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) reports that one million species are at risk of extinction due to habitat loss, climate change, and other human activities.

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Recovering forests regain a quarter of carbon lost from deforestation

Envirotec Magazine

This sink is approximately equivalent to counterbalancing half of annual fossil fuel emissions from South America. Using satellite data, a team of international researchers quantified the rates of carbon recovery in different forest types and environments across the three largest tropical forests: Amazon, Central Africa and Borneo.

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Tortuous progress: Key takeaways from COP28

Envirotec Magazine

The headline commitment of COP28 was the pledge to transition away from fossil fuels. Many commentators also appeared to believe that the “UAE Consensus” – as the deal was dubbed – leaves plenty of scope to continue burning fossil fuels, while also being woefully short on the financial commitments required to realize its aims.

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G7 nations pledge to deliver near-zero carbon electricity grids by 2035

Business Green

In a communique published at the close of a three-day Energy and Environment Ministerial meeting in Berlin this week, the world's largest economies set out their priorities for tackling the intersecting climate, biodiversity, and pollution crises, and responding to the disruption to energy markets wrought by Russia's invasion of Ukraine.

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Human Rights and Environmental Organisations Demand The World Bank’s International Finance Corporation Reconsider Supporting ‘Risky’ Major East Africa Oil Project

DeSmogBlog

The letter notes that the projects pose immense environmental risks and impacts to biodiversity in Uganda. The post Human Rights and Environmental Organisations Demand The World Bank’s International Finance Corporation Reconsider Supporting ‘Risky’ Major East Africa Oil Project appeared first on DeSmog.

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For a livable future, 60% of oil and gas must stay in the ground

Grist

To achieve the goals of the Paris Agreement, countries will likely need to set hard limits on the extraction of fossil fuels in addition to supporting the deployment of clean energy. The researchers set out to estimate how much of the world’s fossil fuel reserves must remain in the ground in order to limit global warming to 1.5