Under the new rules, electric or hydrogen-powered cars will account for 20% of new sales by 2026, 60% by 2030, and 100% by 2035. The rules mirror similar 2035 phase-out mandates in China, South Korea, the U.K. and several U.S. states, including California, New York, and Massachusetts.
Canada to end sales of gas-powered cars by 2035 Read more
Australia and Norway have formally joined the Clean Energy Transition Partnership (CETP), a historic alliance aiming at ending international public subsidies for fossil fuels. The CETP was launched during COP26 in Glasgow and has grown to include 41 countries and organizations, signaling a significant step forward in combating the climate catastrophe.
Australia and Norway to stop overseas fossil fuel financing Read more
Revenue from the new measure is expected to contribute to sustainable fuel use in domestic air transportation by the end of the decade, as well as a pensioner bonus increase of approximately $2.18 billion annually for those receiving the smallest benefits. The Danish government’s goal is to have the nation’s first exclusively green-fueled domestic route operating by 2025.
Denmark introduces “green tax” for sustainable aviation Read more
Together they cover more than 6,200 square miles, tripling the country’s marine area under protection, and are the country’s first to be co-managed by Indigenous communities.
Papua New Guinea creates two massive new Marine Protected Areas Read more
The deal comes as part of a debt forgiveness program —called the Heavily Indebted Poor Countries initiative— overseen by the IMF and the World Bank. As a result of its participation in the program, Somalia’s external debt will fall from 64% of GDP in 2018 to less than 6% of GDP by the end of 2023.
Somalia secures $4.5 billion debt relief deal with international creditors Read more
The Southeast Asian country will become the third Asian nation, after Taiwan and Nepal, to legalize same-sex marriage. A new amendment to its Civil and Commercial Code will change the words “men and women” and “husband and wife” to “individuals” and “marriage partners.” The next step will be an amendment to the country’s pension fund law to recognize same-sex couples.
Thailand to legalize same-sex marriage Read more
The European Commission has agreed that Germany should be allowed to pay the energy giant RWE some €2.6 billion in state aid for the early closure of coal power stations. Under German law, no more electricity is to be produced from coal from 2038 onward. However, this new agreement moves the date forward to 2030.
E.U. approves German state aid for early closure of coal plants Read more
“We’ll make it clear that when drug companies won’t sell taxpayer funded drugs at reasonable prices, we will be prepared to allow other companies to provide those drugs for less,” White House adviser Lael Brainard said on a press call.
U.S. sets policy to seize patents of government-funded drugs if price deemed too high Read more
The Biden administration has now cancelled an unprecedented $130 billion in student debt for more than 3.6 million Americans, offering much-needed relief to low-income families across the country.
Conventional cooling, such as air conditioning, is a major driver of climate change, responsible for over seven per cent of global greenhouse gas emissions. If not managed properly, energy needs for space cooling will triple by 2050, together with associated emissions.
Over 60 countries pledge to slash emission from cooling sector Read more
