Canadian insurers invest in fossil fuels as climate risks rise

Canada's largest property and casualty insurers have invested more than $14,3 billion in fossil fuel production at a time when climate change is raising risks for the industry, Reuters reported, citing a shareholder advocacy report. The author of the Investors for Paris Compliance (I4PC) report called for regulators to investigate fossil fuel investments by…

834 Chinese panels will power the largest solar park in Bulgaria

The RES project of "Inercom" in Apriltsi (near Pazardzhik) ended with the installation of over 834 photovoltaic modules with a total capacity of 000 MW, reports economic.bg. After its finalization, the solar park will be the largest in Bulgaria, but also in Eastern Europe and the Balkans, capable of powering 400 homes, reports the Chinese manufacturer of solar panels for...

How important is the definition of low-carbon hydrogen?

The EU elections are over and Brussels is already looking to the future leaders of the EU. One final political hurdle, however, still sits on the desks of energy officials – the definition of low-carbon hydrogen. Energy Commissioner Kadri Simson indicated that the Commission intends to propose a definition by the end of the year. This is what Jochen Bard, co-founder of...

36 million people in the US are under an extreme heat warning

A prolonged heat wave has broken U.S. temperature records, with about 36 million people -- roughly 10 percent of the country -- under extreme heat warnings, according to National Weather Service (NWS) meteorologist Brian Jackson. "Dozens of locations in the western and northwestern Pacific Ocean are expected to match or break previous heat records," he adds. Visitor…

New Zealand finalizes historic deal to eliminate tariffs on sustainable goods

New Zealand has finalized a historic trade deal with Costa Rica, Iceland and Switzerland aimed at eliminating tariffs on hundreds of sustainable and environmentally friendly products, Trade and Agriculture Minister Todd McClay said, as quoted by esgnews.com. “The Agreement on Climate Change, Trade and Sustainability (ACCTS) opens up trade opportunities for New Zealand businesses by focusing on trade in sustainable…

DFZ: A budget is provided for the purchase of queen bees and swarms

The State Fund "Agriculture" (DFZ) informs applicants with approved applications for assistance with stated costs for the purchase of queen bees and brood (swarms) that a budget is provided for all projects. This is possible after redistribution of the budget for interventions in the beekeeping sector, the Fund announced. The general budget for the intervention "Actions to preserve or increase...