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Hydrostor Announces Close of US$37 Million Growth Financing

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TORONTO, Sept. 19, 2019 (GLOBE NEWSWIRE) — Hydrostor, a leading developer of Advanced Compressed Air Energy Storage (A-CAES) projects, announced today the closing of US$37 million (C$49 million) in growth financing. RBC Capital Markets acted as Hydrostor’s advisor on the transaction. Meridiam, the global developer, asset and fund manager specializing in sustainable infrastructure and energy Read More

Exclusive: London Metal Exchange to delay ban on tainted metal until 2025 – sources

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LONDON/BEIJING (Reuters) – The London Metal Exchange (LME) will postpone plans to ban metal tainted by human rights abuses until 2025, giving producers three more years to comply with guidelines and the exchange time to rethink its approach, industry sources said. FILE PHOTO – The offices where the London Metal Exchange is headquartered are seen Read More

Vale misled public on dangerous dams, prompting Brazil probe: source

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RIO DE JANEIRO/BRASILIA/SAO PAULO (Reuters) – Faced with public outrage after its second mining dam collapse in four years killed at least 240 people in Brazil, Vale SA misrepresented what it had done to shut down its riskiest dams, a review of the company’s statements shows. The logo of the Brucutu mine owned by Brazilian Read More

Mother Earth’s MeToo moment: English town joins campaign for ‘nature’s rights’

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FROME, England (Reuters) – Nobody knows exactly how ancient masons, wielding chisels made from deer antlers, managed to build Stonehenge, the standing circle that has enchanted southern England for thousands of years. FILE PHOTO: Activist, environmentalist, community leader and undertaker Peter McFadyen stands on the banks of the River Frome, in Frome, Britain, June 25, Read More

No more burgers and coke? Climate fears hit meat, drink sales

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BERLIN (Reuters) – Consumers worried about the environment are cutting their spending on meat and bottled drinks and trying to reduce plastic waste, and this trend is set to accelerate as climate concerns mount, a global survey showed on Tuesday. FILE PHOTO: Plastic waste is seen at a fishermen’s port on the outskirts of Dakar, Read More

Investing in climate adaptation can spur trillions in benefits: report

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FILE PHOTO: Two new icebergs are seen after breaking off from the Grey glacier in Patagonia, Chile March 9, 2019. Ricardo Jana/Courtesy of Chilean Antarctic Institute (INACH)/Handout via REUTERS WASHINGTON (Reuters) – Investing $1.8 trillion between 2020 and 2030 in projects to help communities adapt to the worsening impacts of climate change could yield $7.1 Read More

Chile’s president announces water crisis team amid ‘intense’ drought

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SANTIAGO (Reuters) – Chile’s President Sebastian Pinera on Thursday announced the creation of a working group of government agencies, academics and industry players to tackle the worst drought in 60 years which has spiked this year amid record lows of rainfall. The government has declared water shortages in more than 50 communities across three regions Read More

Facebook Dating launches in US – will privacy concerns put users off?

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Facebook is trying to play cupid as it launches its dating feature for the first time in the US. It is already available in 19 other countries including Canada and Brazil, and is coming to Europe early next year. But with the privacy issues the world’s biggest social network has suffered in recent years, will Read More

Asia’s growing coal use could negate global climate change progress, U.N. says

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BANGKOK (Reuters) – Asia’s heavy and expanding reliance on coal power risks cancelling out global progress towards preventing catastrophic climate change, a top United Nations official warned on Wednesday. Ovais Sarmad, Deputy Executive Secretary of the United Nations Climate Change, speaks at a climate conference in Bangkok, Thailand September 4, 2019. Picture taken on September Read More

Greta replies to critics of her Asperger’s: ‘Being different is a superpower’

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By Sharon Marris, news reporter Greta Thunberg has hit back at her critics, describing her Asperger’s as a “superpower”. The 16-year-old climate activist has built a massive following globally – particularly among young people – as she warns world leaders of the urgency of dealing with climate change. But she has also come under fire Read More