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As Europe’s industries struggle to source the cheap green hydrogen they need to become climate-friendly, a group of companies believes the answer is to ship it from Oman.

Moving people and things around the world by sea has a big climate impact. The shipping industry produces almost 3% of global greenhouse gas emissions – roughly the same as Germany.

Through its 2021-founded subsidiary MyCarbon, Brazil’s meat processing giant Minerva Foods is emitting and selling carbon credits to big oil companies that are in a rush to move away from a polluting stigma.

Research on climate change in urban areas is skewed towards large, well-established cities in the global north, according to analysis of more than 50,000 studies.

Bank financing for the fossil fuel sector rose by $162.5 billion in 2024, more than 20% compared to 2023, according to a Rainforest Action Network report.

On June 30, more than 100 companies and investors issued a joint statement urging the European Union to maintain its strong sustainability regulations.

Climate negotiators have wrapped up another two weeks of technical talks in the German city of Bonn, seeking to make breakthroughs on critical issues before COP30 in Brazil.

The Bonn Climate Conference (SB62), regarded as a key preparatory meeting ahead of the United Nations Climate Change Conference (COP30) in November, concluded on June 26.

A few years ago, solar power became the “cheapest electricity in history”, but it still lacked the ability to meet demand 24 hours a day and 365 days a year. Since then, there have been significant improvements in the cost and performance of batteries.

Energy-intensive businesses now need to green some of their electricity use. Certificates to prove it have shot up in price.