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☆ The world's happiest countries are targeting net-negative emissions — despite a growing 'greenlash'
▼ + stars: | 2024-05-01 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

It is aiming to be the first high-income country to reach net zero emissions in 2035 and net negative by 2040. Denmark, which the World Happiness Report recognized as the world's second-happiest country, is targeting net zero by 2045 — and net negative by 2050. Thierry Monasse | Getty Images News | Getty ImagesDanish Climate Minister Lars Aagaard said the need for negative emissions was clear. He added that Denmark's ability to achieve net negative emissions would hinge upon policies implemented over the next five to seven years. Sopa Images | Lightrocket | Getty Images

Persons: Sergei Gapon, Thierry Monasse, Lars Aagaard, Denmark's Aagaard, —, Stefano Guidi, Donald Trump, Joe Biden, Trump, Biden, Kai Mykkänen, Mykkänen, Moscow … Organizations: Afp, Getty, Atlantic ., Agriculture Ministers, CNBC, Lars Aagaard Danish Climate, United Arab Emirates, Union, Nationalist, Former U.S, Finnish Climate Locations: Copenhagen, Denmark, Atlantic, Atlantic . Finland, Finland, Brussels, Belgium, Lars Aagaard Danish, Panama, Europe, Germany, France, Turin, Italy, U.S, November's, Paris, Finnish, Helsinki, Montreal, Beijing, Moscow, of Finland, Neva Guba

☆ A passenger jet smashed into runway lights as it took off, flew for 60 minutes, then landed with a gaping hole in its fuselage
▼ + stars: | 2024-02-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

An Air Serbia flight knocked into runway lights as it took off on Sunday, sustaining heavy damage. It flew for about an hour before finishing an emergency landing at high speed, flight data shows. Right: An earlier iteration of the same flight shows the aircraft using the full runway length. AdvertisementAs the E195 departed Belgrade's Nikola Tesla Airport, the bottom of its fuselage hit a set of runway lights for an opposite runway, per Tango Six. It then immediately began descending, looping around the area for the next 40 minutes before making its emergency landing, per FlightRadar24.

Persons: —, Nikola Tesla, Thierry Monasse, TangoSix, It's, Belgrade Nikola Tesla Organizations: Air, Service, Air Serbia, Greek, Marathon Airlines, Embraer E195LR, Sunday, Press, Belgrade Nikola, Business Locations: Air Serbia, Belgrade, Serbia, Düsseldorf, Germany

☆ Could 'carbon passports' that limit how much we travel be in our future?
▼ + stars: | 2023-12-05 | by ( Joey Hadden | ) www.businessinsider.com time to read: +7 min

A recent report on the future of travel includes the concept of a "carbon passport." One tour company is proposing a solution: a "carbon passport" that would limit how much carbon travelers could emit each year. "Carbon passports have taken that idea one step further" because they would involve tracking and limiting travel carbon emissions, specifically, Hawkins added. In reality, a carbon passport would be challenging to implementHawkins and Matt Berna, the president of Intrepid in the Americas, said they didn't see a carbon passport as a quick fix, though. To track your flight's carbon emissions, Berna suggests booking through Google Flights, which has included emissions levels since 2021.

Persons: Paloma Zapata —, Zapata, Alex Hawkins, Hawkins, Matt Berna, Berna, it's, Anna Abelson, Jonathan M, Thierry Monasse, there's Organizations: Future Laboratory, Intrepid, Environmental Protection Agency, Sustainable Travel International, Business, The, Laboratory, Tisch Center of Hospitality, New York University, Airlines, International Air Transport Association, Wizz, Google, European Environment Locations: Americas, Greece, Italy, Albania

☆ The EU should have ‘isolated’ the Ukraine war, Hungarian foreign minister says
▼ + stars: | 2023-09-13 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

Hungary's Foreign Minister Peter Szijjarto. Thierry Monasse | Getty Images News | Getty ImagesThe European Union should have "isolated" the Ukraine war, Hungary's foreign minister told CNBC in an interview broadcast Wednesday. The "European Union should have isolated this war in Ukraine, but instead of that [the] European Union has globalized the war," Péter Szijjártó said from the Belt and Road Summit in Hong Kong. The European Union did not immediately respond to CNBC's request for comment. This is not the first time Hungary's foreign minister has condemned the EU's handling of Russia's full-scale invasion of Ukraine.

Persons: Peter Szijjarto, Thierry Monasse, Péter Szijjártó, Szijjártó, they're Organizations: Hungary's, Getty, CNBC, European, East, European Union, Russia, Economic, Initiative Locations: Ukraine, European Union, Hong Kong, Brussels, Russia, Russian, Davos, Europe, China

☆ Germany rules out spending 'more and more money' as Europe hopes to avoid subsidy race with the U.S.
▼ + stars: | 2023-02-14 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

European Union officials have been embroiled in tense discussions over how to make the region more competitive in the wake of the U.S. Inflation Reduction Act, also referred to as IRA. The American legislation was approved by U.S. lawmakers in August and includes $369 billion in spending on climate and energy policies. But, according to Christian Lindner, the German finance minister, the answer for the 27-member EU bloc to boost competitiveness is not via more public spending. "We need a better quality of public sector investments, not more quantity of public sector investments," he said. "Belgium is a small market, very open economy, Germany is a big market.

☆ Europe shows a united front against Biden's Inflation Reduction Act, says it threatens industry
▼ + stars: | 2022-11-09 | by ( Silvia Amaro | ) www.cnbc.com time to read: +3 min

The sweeping U.S. legislation, which was approved by U.S. lawmakers in August and includes a record $369 billion in spending on climate and energy policies, was discussed by the 27 EU finance ministers on Tuesday. The same official added that "there is a political consensus (among the 27 ministers) that this plan threatens the European industry." The EU has listed at least nine points in the U.S. Inflation Reduction Act that could be in breach of international trade rules. We don't want to see any kind of decision that could harm this level playing field. "The level playing field is at the core of the trade relationship between the two continents and we don't want to see any kind of decision that could harm this level playing field," he said.

☆ Exclusive: Former top FBI official involved in Trump-Russia investigation under scrutiny by federal prosecutors for his own ties to Russia
▼ + stars: | 2022-09-15 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +7 min

A former high-level FBI agent who was involved in the investigation into the Trump campaign's contacts with Russia during the 2016 election has himself come under scrutiny by federal prosecutors for his ties with Russia and other foreign governments. A witness subpoena obtained by Insider indicates information that federal prosecutors were seeking about former FBI official Charles McGonigal. "It's very rare that former FBI people at all, and certainly former senior FBI people, wind up as grand-jury targets," the official said. McGonigal used his official FBI letterhead to try and arrange a business meeting with Edi Rama, the prime minister of Albania. Since he left the FBI, McGonigal has continued to trade on his expertise in counterintelligence.

☆ Fed up with high gas prices and slow Amazon deliveries? Blame these 2 century-old laws that need to be repealed.
▼ + stars: | 2022-09-13 | by ( Colin Grabow | ) www.businessinsider.com time to read: +12 min

A well-oiled transportation system is vital to keeping the economy humming — especially in a country as large as the United States. Unfortunately, Americans' ability to get resources where they need to go has been crippled by a pair of outdated laws: the Jones Act and the Foreign Dredge Act. As with Jones Act ships, hopper dredges constructed in US shipyards are significantly more expensive than those built abroad. But despite these huge costs, the Jones Act and the Foreign Dredge Act survive largely intact. The Jones Act and the Foreign Dredge Act are just two examples among many, and behind each one lies an entrenched interest group dedicated to its preservation.

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