The COP26 climate summit in Glasgow succeeded in getting 197 countries to agree new rules on limiting greenhouse gas emissions, but last-minute objections from India and China stymied a commitment to end coal use and fossil fuel subsidies. Conference president Alok Sharma fought back tears in the final minutes as he apologised to other ministers…
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The greening of Schneider Electric started in 2005. The French electrical equipment group announced it would review its “social and environment performance” and set up a “planet and society barometer”. In 2008 it even rebranded itself in lurid green. “If you measure it, it happens,” Jean-Pascal Tricoire explained to Les Echos, the French business newspaper,…
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Funds raised by technology start-ups’ public listings in mainland China are on track for the first annual drop in seven years as Beijing’s crackdown on the lucrative sector sends investors in search of alternative markets. Initial public offerings by tech companies on mainland China’s stock exchanges have raised about $14bn in 2021, according to data…
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Negotiators from almost every country in the world convened at the UN COP26 climate summit in Glasgow to thrash out a deal to curb global warming and accelerate the shift to cleaner economies. Nearly 40,000 people participated in the two-week summit, which ended in overtime on Saturday with leaders signing up to the “Glasgow Climate…
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A last-minute intervention from India and China weakened the effort to end coal power and fossil fuel subsidies in the Glasgow Climate Pact in the closing stages of the UN COP26 summit. Countries agreed to “phase down” rather than “phase out” coal, wording that was watered down several times in the course of the week.…
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Kaiser Permanente and unions representing nearly 50,000 healthcare workers reached a tentative agreement on a contract Saturday, narrowly avoiding strikes by tens of thousands next week. The deal is between Kaiser Permanente and the Alliance of Health Care Unions, a coalition of 21 labor organizations including United Nurses Associations of California/Union of Health Care Professionals,…
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Negotiators were locked in overtime talks on the thorniest issue of who should pay for the damage to countries from climate change, while the end of coal and fossil fuels remained in the sights of the UN COP26 summit. The issue of climate compensation moved firmly to the centre of the talks overnight on Friday,…
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Volkswagen chief executive Herbert Diess could not have been clearer. “Climate change will be the greatest challenge for humanity in the coming decades,” he declared at the Munich motor show in September, as charts of rising emissions flashed on a vast screen behind him. Yet, as global car leaders gathered on stage in Glasgow at…
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Medicare members’ monthly premiums for physician and outpatient services will increase nearly 15% in 2022, the Centers for Medicare and Medicaid Services said in a news release Friday. The agency attributed the increases to rising healthcare prices driven by COVID-19-related care, lawmakers’ moves to lower 2021 premiums during the pandemic and the potential for pricey…
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The Missouri health department is giving nursing homes a legal pathway to temporarily shut down if they face staffing shortages because of a new mandate from President Joe Biden’s administration for healthcare workers to be vaccinated against COVID-19. An emergency rule published Friday from the state Department of Health and Senior Services would allow skilled…
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