Poorer countries secure climate-damage fund without emissions cuts

Broad agreement at COP27 would set up fund to pay poorer nations for loss and damage, but doesn’t secure commitments for faster emissions cuts in greenhouse-gas emissions. Poorer countries secured a deal at United Nations climate talks to create a fund for climate-related damage as part of a broader agreement that failed to yield faster

GS Caltex, partners with Posco International for eco-friendly fuels

South Korean refiner GS Caltex said it has teamed up with Posco International, the trading unit of steel giant Posco, to make a push into the biofuel market amid growing calls for emissions cuts. Under the deal, the two firms seek to build an extensive biofuel value chain combining GS Caltex’s manufacturing technology and Posco

Majority of US states pursue nuclear power for emission cuts

Many states in the US are coming to the conclusion that solar, wind and other renewable power sources might not be enough to keep the lights on as they seek to dramatically cut their use of fossil fuels. Nuclear power is emerging as an answer to fill the gap as they transition away from coal,