Global Forest Loss Tops Record as Wildfires Drive

(Bloomberg) — Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the latest annual assessment by Global Forest Watch, a platform run by the nonprofit World Resources Institute, which drew … Read more

Petronas Weighs Exit from Argentina’s Vaca Muerta: Strategic Shift or Market Realignment?

Petronas Eyes Exit from argentina’s Vaca Muerta Shale Venture Table of Contents Petronas Eyes Exit from argentina’s Vaca Muerta Shale Venture Strategic Alliance and Shifting Priorities Exodus of Major Players TotalEnergies Considers its Options conclusion: A Shifting Landscape in Vaca muerta Vaca Muerta’s Exodus: Is Argentina’s Shale Boom Fizzling Out? understanding the vaca Muerta Retreat … Read more

Deals Seeking $45 Billion in Climate Funds Seen Managing…

(Bloomberg) — Climate programs targeting about $45 billion in funding for emerging economies won’t be derailed by America’s decision to withdraw, according to analysts. The US decision to exit from a leading role in Just Energy Transition Partnerships for South Africa, Indonesia and Vietnam will complicate financing efforts, but won’t halt the overall objectives of … Read more