Environment

LONDON (Reuters) – Insurers are expected to pay policyholders an estimated 363 million pounds ($471.79 million) for flood and wind damage from two storms in Britain last month, the Association of British Insurers said on Saturday. A total of 82,000 claims have been received, the ABI said. The anticipated payout compares with 110 million pounds
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BRUSSELS (Reuters) – The European Commission unveiled a “climate law” on Wednesday to make the EU’s 2050 net zero emissions target legally binding, but Swedish activist Greta Thunberg and NGOs said more urgent action was needed to beat the climate crisis. Swedish climate activist Greta Thunberg, European Commission President Ursula Von der Leyen and European
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LONDON (Reuters) – Jupiter Asset Management (JUP.L), a top-25 investor in Barclays (BARC.L), plans to support a shareholder resolution aimed at cutting the bank’s lending to the fossil fuel industry. FILE PHOTO: The Barclays logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo Banks are
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(Reuters) – California’s utilities regulator has proposed an increased $2.14 billion fine on PG&E Corp for its role in causing the devastating 2017 and 2018 wildfires in Northern California. FILE PHOTO: PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage The decision
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BUCHAREST (Reuters) – An unusually mild winter has exacerbated Bucharest’s chronic pollution problem, prompting residents in the Romanian capital to take matters into their own hands. Claudia Florescu poses for a portrait in Kiseleff park, close to a playground, in Bucharest, Romania, February 27, 2020. Picture taken February 27, 2020. Inquam Photos/Octav Ganea via REUTERS
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BRASILIA (Reuters) – Brazil’s Agriculture Ministry will allow for agrochemicals awaiting regulatory approval to receive licenses automatically, potentially allowing new pesticides to reach market faster, according to new rules published on Thursday. If the ministry fails to review applications for new chemicals to be licensed within 60 days, the products will automatically be approved, according
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