Quartz

Why Europe is quietly mad about the US climate bill

Why Europe is quietly mad about the US climate bill

Just a few small issues to fix. Photo: Eveleyn Hockstein (Reuters) The landmark Inflation Reduction Act is the largest U.S. contribution yet to meeting global emissions reduction goals. And the American allies are not happy about it. Certainly, they are happy to see that the United States is (finally) spending hundreds of billions of dollars …

Why Europe is quietly mad about the US climate bill Read More »

The auction of 100 untouched Indonesian islands offers a once-in-a-lifetime chance for the super-rich

The auction of 100 untouched Indonesian islands offers a once-in-a-lifetime chance for the super-rich

The least-untouched indonesian island of baliPhoto: WILLY KURNIAWAN (Reuters) Sotheby’s auctions development rights to what is proper to him Literature calls “one of the most intact coral atoll ecosystems on Earth”: a group of 100 Indonesian islands that are home to irreplaceable biodiversity. At a time when billionaires like Amazon’s Jeff Bezos are lining up …

The auction of 100 untouched Indonesian islands offers a once-in-a-lifetime chance for the super-rich Read More »

COP27 leaves huge gaps for greenwashing

COP27 leaves huge gaps for greenwashing

Carbon credits derived from forest conservation, among other measures, will soon be available to companies through a UN-monitored market.Photo: Bruno Kelly (Reuters) As COP27 in Egypt races towards a conclusion, many important issues including the financing of “loss and damage”, how countries should report on their progress in reducing carbon emissions and whether all countries …

COP27 leaves huge gaps for greenwashing Read More »