This year was like no other for crude oil prices. Even as global oil prices end the 2020 at about $51 a barrel, near the average for 2015-2017, it masks a year of volatility.
East European nations are thinking more seriously about how to reduce carbon emissions to make use of a 750 billion euro ($880 billion) European Union economic recovery fund, the European Union’s top climate official said on yesterday.
Germany could meet its climate target for 2020 but would have missed the goal if the economic havoc wrought by the Covid-19 pandemic had not caused a large drop in greenhouse gas emissions, the country’s environment ministry said.
On Tuesday Google announced that it intends to set up a new undersea fiber-optic cable between the United States, the U.K., and Spain as part of an effort to improve its services.
Most European Union countries are at risk of missing their targets for reducing health-damaging air pollution for both 2020 and 2030, the European Commission said today.
Tesla plans to use cobalt from Anglo-Swiss mining giant Glencore to build lithium-ion batteries at its new factories, according to industry sources. The carmaker intends to use cobalt of Glencore in its new Berlin “Gigafactory” as well as upcoming manufacturing sites that are yet to be announced.
World Trade Organization negotiations aimed at cutting billions of dollars in subsidies that contribute to overfishing have been suspended due to opposition from some countries that are too preoccupied with COVID-19, an internal document showed.