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☆ The US, Russia and China are in a race to dominate new-wave nuclear energy — and win global influence
  + stars: | 2024-02-01 | by ( Angela Dewan | Ella Nilsen | ) edition.cnn.com   time to read: +12 min
Russia's floating nuclear power plant, Akademik Lomonosov, leaving the service base Rosatomflot on August 23, 2019. For some experts, nuclear energy — in all forms, large or small — has an important role to play in that transition. Globally, the construction of conventional nuclear power plants dipped following the Chernobyl meltdown in 1986. Russia has already built or designed nuclear plants — the traditional type — for China, India, Bangladesh, Turkey, Slovakia, Egypt and Iran. “It certainly dampens the excitement abroad,” said John Parsons, a senior lecturer at MIT and a financial economist focused on nuclear energy.
Persons: Akademik Lomonosov, Biden, Lomonosov, Maxim Shemetov, “ There’s, ”, Josh Freed, China —, Vladimir Putin’s, Bill Gates ’, Luo Yunfei, Kirsten Cutler, they’re, Cutler, ” Cutler, They’re, John Parsons, John Kerry, Thomas Mukoya, Way’s Freed, “, ” Parsons, Mohammed Hamdaoui, ” Hamdaoui, “ It’s Organizations: CNN, Reuters, European Union, International Energy Agency, Energy, World Nuclear, IEA, US, SMR, US Export, Import Bank, International Development Finance Corporation, GE Hitachi Nuclear Energy, China, Changjiang, China News Service, Nuclear Energy, US State Department, “, MIT, InfluenceMap, The State Department, Nuclear Regulatory Commission, NRC, Rystad Energy Locations: Alaska, Russian, Russia, China, European, Japan, India, South Korea, Europe, Dubai, America, Poland, North Carolina, Southeast Asia, Bangladesh, Turkey, Slovakia, Egypt, Iran, Lomonosov, Siberia, Russia’s, Washington, Bill Gates ’ TerraPower, Wyoming, Changjiang Li Autonomous County, Hainan province, United States, Oregon, Idaho, United Arab Emirates
☆ Lloyd's of London to invest $65 million following slavery report
  + stars: | 2023-11-08 | by ( Carolyn Cohn | ) www.reuters.com   time to read: +3 min
Signage is seen inside the Lloyd's of London building in the City of London financial district in London, Britain, April 16, 2019. The 335-year old insurance market apologised in 2020 for its role in the 18th and 19th century slave trade. The Lloyd's market is made up of nearly 50,000 people, and Lloyd's wants one in three new hires to come from ethnic minorities. Historians estimate between one and two-thirds of the British marine insurance market was based on the slave trade in the 18th century. The research also showed that Joseph Marryat, Lloyd's of London chairman from 1811 to 1824, had enslaved people, White added.
Persons: Hannah McKay, Lloyd's, We've, Bruce Carnegie, Brown, Alexandre White, Joseph Marryat, White, Garba, Carolyn Cohn, Sinead Cruise, Jan Harvey, Elaine Hardcastle Organizations: REUTERS, London, Black, Johns Hopkins University, Mellon Foundation, Reuters, Central Fund, African Development Bank, Inter, American Development Bank, UN, Equity, of, United Nations, European Union, U.S, Thomson Locations: London, City, Britain, Liverpool, Lloyd’s
☆ Investors sit on a plastic waste ticking bomb
  + stars: | 2023-01-13 | by ( Lisa Jucca | ) www.reuters.com   time to read: +4 min
In the United States 73% of plastic waste ends up in landfills, where it takes up to 500 years to decompose. Using recycled plastic, while less energy-intensive than creating virgin plastic, can cost more overall. In March, 175 governments agreed to work out binding laws to end plastic pollution by end-2024. Reuters GraphicsFollow @LJucca on TwitterloadingCONTEXT NEWSRepresentatives of 175 countries endorsed in March a landmark resolution to develop international legally binding instruments to end plastic pollution. In 2008 the Netherlands introduced a packaging waste management levy.
☆ Explainer: COP27: What is 'Loss and Damage' compensation, and who should pay?
  + stars: | 2022-11-06 | by ( Kate Abnett | ) www.reuters.com   time to read: +5 min
That has intensified developing country demands for a special "Loss and Damage" fund. But with rich countries resisting such calls, the issue has been stalled for years. Loss and damage funding would be different, in compensating costs that countries can't avoid or "adapt" to. Vulnerable countries and campaigners have argued that rich countries that caused the bulk of climate change with their historical emissions should now pay. Meanwhile, climate-vulnerable countries are seeking contributions for a pilot loss and damage funding facility.
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