UN chief slams new fossil fuel funding

In remarks delivered to the Austrian World Summit in Vienna via video, Antonio Guterres issued a sobering assessment of the planet’s prospects. “Most national climate pledges are simply not good enough,” he said. Michael M. Santiago | Getty Images News | Getty Images The UN Secretary General has slammed new funding for fossil fuel exploration, … Read more

Rice prices are rising amid rising food inflation, export bans

The spider web rice fields in Flores, Indonesia. The United Nations’ Food and Agriculture Organization Food Price Index shows international rice prices creeping up for the fifth straight month to reach a 12-month high, according to the latest May data published last week. Tanutkij Wangsittidej Food prices have been on the rise in the past … Read more

Big Interview: Intelligent Energy boss on why they might have to build £ 100m gigafactory in Europe

The Government could decide this summer if it is ready to back a £ 100 million gigafactory that would create up to 600 jobs in central England – or whether the project will go over to Europe. The boss of Intelligent Energy said his company was desperate to commit to a UK manufacturing base as … Read more

Southern California water restrictions start today amid drought

Paul Ramirez, 54, waters the front lawn at his home on St. Louis St. in Boyle Heights, as his dog Bandit, a 2 year old Yorkshire terrier, jumps for joy. Mel Melcon | Los Angeles Times | Getty Images Unprecedented restrictions on outdoor water use go into effect on Wednesday for more than 6 million … Read more

Hurricane Agatha aims at Mexico tourist zone

A general view of the Bahia Principal as Hurricane Agatha moves toward the southern coast of Mexico, in Puerto Escondido, Oaxaca state, Mexico, May 30, 2022. Jose De Jesus Cortes | Reuters Bands of rain and gusty winds lashed Mexico’s southern Pacific coast Monday as the first hurricane of the eastern Pacific season progressed slowly … Read more

Siemens Mobility inks $ 8.7 billion deal for high-speed rail in Egypt

A train passes through a station in Egypt. The project involving Siemens Mobility will use trains that can reach a top speed of 230 kilometers per hour, and the line will be fully electrified. Paulvinten | Istock | Getty Images A new high-speed rail line is coming to Egypt, with developer Siemens Mobility saying it … Read more