Environment

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Analysts raise EU carbon price forecasts on expectations of market reform: survey

By Susanna Twidale LONDON (Reuters) – Analysts have raised their forecasts for European carbon prices in the bloc’s Emission Trading System (ETS) to 2019 on expectations that plans to reform the market will significantly curb oversupply. Analysts expect EU Allowances (EUAs) to average 7.16 euros/ton in 2018, and 9.92 euros/ton in 2019, according to the survey of […]

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France’s EDF fixing pipe problem at 20 nuclear reactors

By Bate Felix PARIS (Reuters) – French utility EDF is repairing pumping station pipes at 20 nuclear reactors after discovering they might not be strong enough to withstand earthquakes, posing a risk to cooling systems, it said on Wednesday. In a note to French nuclear regulator ASN, EDF classified the problem as a ‘level 2’ […]

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China’s top coke producer to curb output in pollution war

BEIJING (Reuters) – China’s top coke producer Shanxi Coking will slash output for coke and some chemical products including tar and methanol during the coming winter months as part of Beijing’s campaign against air pollution. The company will trim around 900,000 tonnes of coke and 360,000 tonnes of chemicals from production for the six months […]

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Japan sees growing signs of La Nina emerging as Pacific Ocean waters near equator cool

TOKYO (Reuters) – Japan’s weather bureau projected on Wednesday that there are growing signs of a La Niña pattern emerging as sea water temperatures being monitored near the equator in the Pacific Ocean are now cooler than their benchmark levels. There is a 50 percent chance that a La Niña would emerge in the autumn […]

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Malawi forecasts normal rains for 2017/18 maize season

BLANTYRE (Reuters) – Malawi will experience normal rainfall levels during the 2017/18 farming season, the Ministry of Natural Resources forecast on Wednesday, raising hopes that the country will meet most of its basic food needs for two years running. Fertile and tropical Malawi, one of the world’s poorest countries, periodically faces severe food shortages as […]

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Wildfires kill 15, destroy 1,500 homes and other buildings in California wine country

By Marc Vartabedian SANTA ROSA, Calif. (Reuters) – Fast-moving wildfires raging across Northern California’s wine country have killed 17 people, left about 150 missing and destroyed 1,500 homes, wineries and other structures, state fire officials said on Tuesday. The flames from 17 major blazes have blackened more than 115,000 acres (46,500 hectares) since fires broke […]

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Manchester City boosted by Aguero’s return to light training

(Reuters) – Manchester City striker Sergio Aguero stepped up his recovery from a broken rib sustained in a road accident last month by returning to light training on Tuesday. The Argentina international was injured in a car crash during a day off in the Netherlands and missed City’s last Premier League game at Chelsea, a […]

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In the mountains of Puerto Rico, hurricane recovery is slower

By Hugh Bronstein TRUJILLO ALTO, Puerto Rico (Reuters) – In the lowlands of Trujillo Alto, a sprawling suburb of San Juan, clean water once again flows in the homes of most residents. But in the mountainous part of the city, which is largely poor and semi-rural, finding clean water remains a daily struggle. Across Puerto […]

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Mexican mogul Slim donates $105 million to earthquake recovery efforts

MEXICO CITY (Reuters) – Mexican mogul Carlos Slim’s foundation will donate more than $105 million (1.978 billion pesos) to help the country recover from two large earthquakes in September, Slim announced on Tuesday. The Carlos Slim Foundation also collected more than $21 million dollars (395.6 million pesos) from outside donors, raising the total contribution to […]

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Pharma’s Puerto Rico problems could mean drug shortages: FDA chief

By Bill Berkrot NEW YORK (Reuters) – The head of the U.S. Food and Drug Administration said on Tuesday the country may start to see a small number of drug shortages within two or three weeks due to delays in restoring manufacturing operations in Puerto Rico, where 10 percent of drugs prescribed in the United […]

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Mexico to receive $150 million from catastrophe bond after quake

MEXICO CITY (Reuters) – Mexico’s will receive a pay out of $150 million from a catastrophe bond after a Sept. 7 quake met parameters for magnitude, location and depth, the finance ministry said in a statement on Tuesday. Reuters reported on Oct. 4 that the government expected to receive the funds and that it is […]

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U.S. formally proposes scrapping Obama’s carbon-cutting plan

By Timothy Gardner and Emily Flitter WASHINGTON/NEW YORK (Reuters) – The head of the U.S. Environmental Protection Agency formally proposed on Tuesday to scrap the agency’s Obama-era plan to reduce greenhouse gas emissions from power plants, as the Trump administration seeks to slash fossil fuel regulation. EPA Administrator Scott Pruitt issued a notice that the […]

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