US Supreme Court limits federal power to curb carbon emissions

The Environmental Protection Agency headquarters in Washington, DC, on June 29, 2022. (STEFANI REYNOLDS / AFP) WASHINGTON – The US Supreme Court on Thursday imposed limits on the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a ruling that undermines President Joe Biden's plans to tackle climate change […]

China factory activity expands for first time in four months as Covid-19 curbs ease

BEIJING (REUTERS) – China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday (June 30), as authorities lifted a strict Covid-19 lockdown in Shanghai, reviving output and consumer spending. The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in June from 49.6 in May, the National Bureau […]

US faces ‘narrowing path’ to avoid recession: IMF chief

WASHINGTON (AFP) – With inflation rising sharply, and the Federal Reserve raising interest rates, the United States is facing an increased risk of a downturn, IMF managing director Kristalina Georgieva said on Friday (June 24). The world’s largest economy rebounded strongly from the pandemic downturn, but with the “unwelcome side effects” of rising prices, she […]

Murata and Mitsubishi Agree on a Cooperative Framework for Working Toward a Carbon-Neutral Society

TOKYO, Jun 24, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation and Murata Manufacturing Co., Ltd. have agreed on a cooperative framework for working toward a carbon-neutral society. Virtual PPA Overview This framework is being developed with the aim of achieving carbon neutrality at the global level, while introducing renewable energy at the company […]