International

Bank Group Accused Of Loopholes And ‘Greenwashing’ In Climate Pledge

"Banks that have signed up to a global climate pledge, led by Mark Carney, a former governor of the Bank of England, can still invest unlimited amounts in coal mining and coal power, despite promises to tighten the rules on their lending."

Source: Guardian, 06/16/2022

"One Site, 95 Tons of Methane an Hour"

"In January, a satellite detected 13 plumes of methane, a potent planet-warming gas, coming from the largest coal mine in Russia."

"A remote-sensing satellite has detected one of the largest releases of methane from a single industrial site, an underground coal mine in south-central Russia. The finding is another indication of the scope of the problem of curbing emissions of methane, a potent planet-warming gas.

Source: NYTimes, 06/15/2022

"Russia’s Oil Revenue Soars Despite Sanctions, Study Finds"

"Russia’s invasion of Ukraine triggered global condemnation and tough sanctions aimed at denting Moscow’s war chest. Yet Russia’s revenues from fossil fuels, by far its biggest export, soared to records in the first 100 days of its war on Ukraine, driven by a windfall from oil sales amid surging prices, a new analysis shows."

Source: NYTimes, 06/15/2022

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