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China urges UN to assess Japan’s ‘illegal’ wastewater plans

Bloomberg China says the United Nations and other international bodies should talk over Japan’s decision to dump wastewater from the Fukushima nuclear power plant into the ocean, further ramping up its criticism of Tokyo’s plans. “Japan is obliged to hold a full consultation with all stakeholders, especially neighbouring countries,” Foreign Ministry spokesman Wang Wenbin said at a regular press briefing ...

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First glimpse of EU’s green rules shows fight over climate goal

Bloomberg The European Union was poised to agree its first criteria for green investments on Wednesday, in a move that could set a benchmark for the world to follow. The stakes are high: the EU wants to raise up to 250 billion euros ($301 billion) using its first green bonds, and private funding is likely to follow into the approved ...

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UK oil industry may reach CO2 neutrality

Bloomberg Achieving net-zero carbon emissions by 2050 is one of the greatest challenges of our time. But apparently not the greatest challenge. On current trends, the UK will have mostly given up fossil fuels before its North Sea oil and gas industry achieves gender parity, according to the sector’s trade body. “It will be well into the 2050s before the ...

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