Drought Forces Zambia to Start Power Cuts
Zambia will start electricity-supply restrictions immediately after one of the worst droughts on record caused plunging water levels at the hydropower dams it relies on for almost all its supplies, the
Bloomberg
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Nespresso to Invest in $550 Million Sustainability Program
Nespresso plans to spend 500 million Swiss francs ($550 million) in the next six years in an effort to improve the environmental and social impact of Europe’s biggest single-serve coffee brand. The
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Japanese Public Seen as Biggest Obstacle to Nuke Restart
Japan is facing the toughest test yet in its effort to restore nuclear energy more than three years after the Fukushima disaster: scrutiny from a skeptical population. The Nuclear Regulation Authority
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China Said to Consider $16 Billion EV-Charging Fund
China is considering providing as much as 100 billion yuan ($16 billion) in government funding to build electric-vehicle charging facilities and spur demand for clean cars, according to two people familiar
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Ebola Fight Gets $150 Million From Development Bank
The African Development Bank will prepare an additional $150 million in funding for nations stricken by the Ebola virus as the World Health Organization plans to seek more resources and money to fight
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Indonesia Steps Up Audits of Companies Operating in Rain Forests
Indonesia’s latest tactic for slowing the world’s fastest rate of deforestation is to crack down on licensing of companies with concessions for agriculture on peat lands and rain forests. The agency
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China’s Carbon Intensity Falls 5 Percent, Premier Li Says
China’s carbon dioxide emissions per unit of gross domestic product fell 5 percent in the first half of this year, Premier Li Keqiang said. Li made the comments at a meeting in Beijing yesterday with
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Siemens-Built Peru Wind Farm Gets $65 Million U.S. Loan
The U.S. Export-Import Bank agreed to lend $65 million for Peruvian wind farms that will use Siemens AG (SIE) turbines made in Kansas and Iowa. The projects will support almost 800 jobs at Siemens’
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Brazil Coffee Output Set for Longest Decline Since 1965
A prolonged drought in Brazil has already claimed about half of Jose Francisco Pereira’s coffee crop. Next year could be even worse as the country heads for the first three-year output decline since 1965.
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Ebola Kills 13 in Congo Outbreak Separate From W. Africa
The Democratic Republic of Congo said as many as 13 people have died of Ebola in a separate outbreak from the one raging in three West African nations. It is the sixth reported outbreak in that country
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Iceland Monitors Tremors After Retracting Eruption Alert
Iceland is monitoring rumbling at the Bardarbunga volcano for a second week after it yesterday retracted an announcement of an eruption and eased a warning to airlines over a possible ash plume. The