Latest news with #Climate
South China Morning Post
5 days ago
- Science
- South China Morning Post
Bjorn H. Samset: Latest Articles, Analysis and Profile
+ FOLLOW Bjorn H. Samset is a Senior Researcher in Climate and Atmospheric Sciences at the Centre for International Climate and Environment Research - Oslo. Bjorn H. Samset is a Senior Researcher in Climate and Atmospheric Sciences at the Centre for International Climate and Environment Research - Oslo.
Irish Post
15-07-2025
- Business
- Irish Post
Ireland and the UK extend agreement to cooperate on energy transition goals
IRELAND and the UK have confirmed they will extend an existing agreement supporting greater cooperation between them on shared energy transition goals. In 2023 both nations signed the Memorandum of Understanding (MoU) on Cooperation in the Energy Transition, Offshore Renewables and Electricity Interconnection. The move facilitated increased cooperation between them on a number of specific areas within their goals to transition to renewable energy sources. Minister for Climate, Energy and the Environment Darragh O'Brien and British Climate Minister Kerry McCarthy sign an extension on their memorandum of understanding extended on energy cooperation This week Ireland's Minister for Climate, Energy and the Environment Darragh O'Brien and British Climate Minister Kerry McCarthy, from the Department for Energy Security and Net Zero, signed an extension to the MOU. The move will allow for further cooperation and information sharing between them on issues such as the decarbonisation of industries and buildings and the development of renewable and low-carbon hydrogen value chains. 'The UK is one of our most important energy partners and there is already good cooperation on energy between both countries,' Minister O'Brien said. 'Since the signing of our energy agreement with the UK in 2023, we have strengthened our energy partnerships on critical areas within the energy transition,' he explained. 'I am particularly delighted that we will now bring our cooperation to additional areas of importance.' He added: "Renewed collaboration with our UK neighbours takes place against the backdrop of a changing and uncertain world. 'Energy markets are currently operating in an increasingly complex world as they continue to grapple with the Russia-Ukraine war, and the crisis in the Middle East, and persistent high inflation. 'This agreement also comes amid a series of recent climate warnings, with the latest warning noting how western Europe experienced its hottest June on record. 'The decarbonisation of our energy systems and the move away from fossil fuels has never been more important." Minister McCarthy said their agreement 'demonstrates the continued strength of our relationship on energy and climate'. "As one of our closest neighbours and allies, Ireland shares common goals with the UK on the need to secure clean, homegrown energy and to end our reliance on unstable fossil fuel markets,' she added. 'We are delighted to stand with Ireland as a climate leader, to protect future generations and deliver growth and energy security for the British and Irish people." After signing the agreement, the ministers held a meeting in Dublin to discuss their 'energy-related ambitions, with energy affordability one of the items top of their discussion agenda', Minister O'Brien's office confirmed. See More: Energy Transition, Ireland, Memorandum Of Understanding, UK
Washington Post
10-07-2025
- Climate
- Washington Post
Why does this New Mexico town keep flooding?
Climate Why does this New Mexico town keep flooding? July 10, 2025 | 1:10 PM GMT Twice in the past year, flash floods have uprooted homes in Ruidoso, New Mexico, and wildfires are to blame.
Fibre2Fashion
26-06-2025
- Business
- Fibre2Fashion
EU eases state aid rules to boost green projects, cut carbon footprint
The European Commission yesterday adopted a new state aid framework supporting the Clean Industrial Deal (CISAF) to enable member states to push forward the development of clean energy, industrial decarbonisation and clean technology. The CISAF sets out the conditions under which member states can grant support for certain investments and objectives in line with European Union (EU) state aid rules, which exist to prevent government support leading to a company gaining a distortive advantage over its competitors. The European Commission has adopted a new state aid framework supporting the Clean Industrial Deal to enable members to push forward clean energy development, industrial decarbonisation and clean tech. The framework that backs both renewables and low-carbon fuels will authorise aid schemes introduced by members to boost clean industry, enabling the swift rollout of individual aid. Under the framework, the Commission will authorise aid schemes introduced by member states to boost clean industry, enabling the swift rollout of individual aid. The CISAF will be in place until December 31, 2030, giving member states and businesses long-term predictability. It replaces the Temporary Crisis and Transition Framework (TCTF), which was in place since 2022. The framework simplifies state aid rules in five main areas: the roll-out of renewable energy and low-carbon fuels; temporary electricity price relief for energy-intensive users to ensure the transition to low-cost clean electricity; decarbonisation of existing production facilities; the development of clean tech manufacturing capacity in the EU; and the de-risking of investments in clean energy, decarbonisation, clean tech, energy infrastructure projects and projects supporting the circular economy. The new framework covers support for both renewable energy and low-carbon fuels. The CISAF introduces simplified procedures to enable the quick roll-out of renewable energy schemes. Low-carbon fuels, such as blue and green hydrogen, also play a key role in reducing emissions. They support the transition for companies in 'hard-to-decarbonise' sectors, where more energy or cost-efficient options are not yet viable, an official release said. New rules on flexibility measures and capacity mechanisms give member states additional tools to integrate intermittent renewable electricity sources into the energy supply, while ensuring consumers benefit from reliable electricity supply. The CISAF defines 'target model' capacity mechanisms, where member states pay electricity providers to maintain standby capacity, which can qualify for 'fast-track' approval. Other designs will be assessed under the Climate, Environmental protection and Energy Aid Guidelines (CEEAG). Member states may provide electricity price support for energy-intensive users and companies operating in sectors particularly exposed to international trade. This will allow member states to reduce the electricity costs of energy-intensive users that face higher costs than competitors in regions with less ambitious climate policies. In return for receiving price support, companies will be required to invest in decarbonisation. The framework allows for support for a wide array of decarbonisation technologies such as electrification, hydrogen, biomass, carbon capture utilisation and storage. Support can be granted based on predefined aid amounts (for support up to €200 million), the funding gap or a competitive bidding process. The framework also allows for support for the production and processing of critical raw materials necessary for clean technologies. To safeguard cohesion between different regions in Europe, member states will be able to provide more support for projects in less advantaged regions, which are defined in regional aid maps. In addition, the framework allows member states to stimulate demand for clean technology products by offering tax incentives, such as allowing companies to deduct the cost of clean technology investments from their taxable income more quickly. Fibre2Fashion News Desk (DS)
Business Upturn
25-06-2025
- Business
- Business Upturn
ClimateTech Connect Returns to Washington DC, April 2026, Uniting Global Leaders for Climate Resilience and Innovation
By GlobeNewswire Published on June 25, 2025, 20:02 IST WASHINGTON, June 25, 2025 (GLOBE NEWSWIRE) — Following the success of its inaugural conference, ClimateTech Connect will return to Washington, D.C. on April 8–9, 2026, for its second edition, and today, organizers are proud to announce the newly appointed 2026 Advisory Council. The 2025 conference drew top leaders from insurance, finance, government, and technology to explore the intersection of climate resilience and innovation. Participating organizations included J.P. Morgan, Chubb, American Family Ventures, American Express, Marsh McLennan, Swiss Re, Lloyd's, Munich Re, NASA, USAA, Liberty Mutual, NOAA, FEMA, the EPA, and the National Institute of Building Sciences. With a highly curated senior-level audience and robust cross-sector dialogue, ClimateTech Connect quickly established itself as a must-attend convening for those shaping the future of climate adaptation. 'Technological innovation is essential for advancing climate resilience and adaptation, as it empowers communities and businesses with the tools and solutions needed to effectively respond to extreme weather and climate events, which are only growing in frequency and severity across the globe. We are thrilled to bring the second edition of ClimateTech Connect back to D.C.' stated Megan Kuczynski, Founder and CEO, ClimateTech Connect . I am honored to serve once again on the ClimateTech Connect Advisory Council. The inaugural conference had relevant and timely topics, A-list speakers and engaged tech entrepreneurs. The diverse mix of interests reflected the urgent need for partnerships. The focus must be on risk reduction not simply risk transfer. I look forward to building the second edition of the conference with such an esteemed group, ' Francis Bouchard, Managing Director, Climate, Marsh McLennan ClimateTech Connect is proud to announce the esteemed 2026 Advisory Council: Francis Bouchard , Managing Director, Climate, Marsh McLennan , Managing Director, Climate, Marsh McLennan Raghuveer Vinukollu , Head-Climate Insights and Advisory, Munich Re US , Head-Climate Insights and Advisory, Munich Re US Jerry Theodorou , Director, Finance, Insurance, and Trade Policy, R Street Institute , Director, Finance, Insurance, and Trade Policy, R Street Institute Jacqueline Legrand , Founder and CEO, Maptycs , Founder and CEO, Maptycs Anil Vasagiri , Senior Vice President, Head of Property Solutions at Swiss Re , Senior Vice President, Head of Property Solutions at Swiss Re Emilio Figueroa , Head of Insurance, Eventual Treasury and Eventual Weather , Head of Insurance, Eventual Treasury and Eventual Weather Lisa Wardlaw , President and Founder, 360 Digital Immersion , President and Founder, 360 Digital Immersion Sarah Russell , Managing Director, Bellwether at X, The Moonshot Factory , Managing Director, Bellwether at X, The Moonshot Factory Steve Weinstein , Chief Executive Officer and Founder of Mangrove Property Insurance, Chair, Bermuda Institute of Ocean Sciences (BIOS) , Chief Executive Officer and Founder of Mangrove Property Insurance, Chair, Bermuda Institute of Ocean Sciences (BIOS) Denise Garth , Chief Strategy Officer, Majesco , Chief Strategy Officer, Majesco Jennifer Hoolehan Kyung , SVP, Business Performance Office, Nationwide , SVP, Business Performance Office, Nationwide Nigel Walsh , Global Head of Insurance, ServiceNow , Global Head of Insurance, ServiceNow Angela Grant , Chief Legal Officer and Corporate Secretary, Palomar Insurance , Chief Legal Officer and Corporate Secretary, Palomar Insurance Franklin Nutter , President, Reinsurance Association of America , President, Reinsurance Association of America Dominique Roudaut , Chief Strategy and Innovation Officer, Dai-ichi Life Holdings Inc. , Chief Strategy and Innovation Officer, Dai-ichi Life Holdings Inc. Charlie Sidoti , Executive Director, Innsure , Executive Director, Innsure Andrew Eil , Climate Tech Advisory and Investor , Climate Tech Advisory and Investor John Wilson , Academic Director, University of Connecticut Business School With climate-related risks accelerating globally, ClimateTech Connect 2026 will serve as a vital platform for solution-driven dialogue and cross-sector alignment. Whether you're in insurance, infrastructure, finance, government or emerging tech, this is the place to build the relationships and roadmaps that will shape our climate-resilient future. Register now for the lowest rates offered all year. Click here for the speaker application form, and click here to submit interest for sponsorship. About ClimateTech Connect ClimateTech Connect is where thought leaders, innovators, policymakers, and industry experts will gather to advance climate adaptation and resilience strategies at scale. The conference brings together technological, engineering, and scientific innovations together with business leadership to mitigate the risk of and recover from increasingly frequent extreme climate events. Conference attendees can expect two days of masterclass content including keynotes, TED-style talks, product demonstrations by early stage companies, pitch competition, focused roundtables, a vibrant expo, and immersive networking over breakfast, lunch and opening night gala reception. About the venue: Located in the heart of Washington DC's renowned Pennsylvania Corridor, the prestigious Ronald Reagan Building and International Trade Center is steps away from the National Mall, Lincoln Center and White House. Press contact:Girish JaggiThe MicDrop Agency [email protected] +1 (289) 623 3627 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. 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