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The European Commission proposed reforms to the EU’s carbon market on 17 July that would slow emissions cuts from 2031 onward and extend free allowances to companies, potentially allowing billions of additional tonnes of emissions.
Rio Tinto and Glencore reported substantial profit increases driven by elevated commodity prices and geopolitical uncertainty from Middle East tensions, with both miners benefiting from AI-driven demand for metals.
Air conditioning emissions are projected to triple by 2050 as rising global temperatures increase demand for cooling, creating a tension between saving lives and combating climate change.
Europe faces potential energy crisis this winter as gas storage falls below historical norms and diesel shortages threaten heating supply due to global disruptions and reduced LNG imports.
Investors are competing to build domestic rare earth supply chains beyond Mountain Pass, with REalloys securing government contracts and partnerships to develop heavy rare earth processing capabilities critical for defense and industrial applications.
Research from The Nature Conservancy shows utility-scale solar projects on previously developed lands face faster permitting in California than those on undisturbed natural lands.
