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Yellen to press for additional reforms at World Bank this year

U.S. Treasury Secretary Janet Yellen will call on Wednesday for the World Bank to undertake additional reforms this year to expand its ability to help developing countries meet global challenges such as climate change.
climate fossil fuels energy politics

US House Republicans face unity test with major energy bill

The Republican-controlled U.S. House of Representatives is expected to vote on its first major legislation of the year on Thursday, a partisan energy bill that poses an early test of unity for House Speaker Kevin McCarthy's majority.
Ahmed Al Jaber big oil fossil fuels climate

UAE's Jaber urges Big Oil to join fight against climate change

A top oil executive from the United Arab Emirates on Monday urged the energy industry to join the fight against climate change, borrowing a famous line from a U.S. astronaut aboard a damaged spacecraft during the Apollo 13 mission in 1970.
diablo canyon nuclear energy climate

U.S. grants $1.1 bln to keep Diablo Canyon nuclear plant open

The Biden administration said on Monday it has approved conditional funding of up to $1.1 billion to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change.
david malpass climate denial world bank

World Bank's Malpass says he's not a climate change denier

After facing calls to resign for declining to say whether he accepts the scientific consensus on global warming, World Bank President David Malpass said on Thursday he is not a climate change denier and defended his climate record as bank chief.
general motors climate emissions politics

GM backs setting tough U.S. emissions targets for 2030

General Motors Co said Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-emission models.
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