European Investment Bank invests $150m to fund renewable energy projects in Peru
Expected to be operational in the first half of next year, the two projects will have a combined installed capacity of 312MW.
2018 C.E.
New York City plans to divest $5bn from fossil fuels and sue oil companies
Mayor Bill de Blasio: ‘It’s up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient’
Walmart boosts minimum wage to $11, hands out bonuses up to $1,000 for hourly workers
The increase for the nation’s largest private employer also comes amid political pressure to bolster minimum wages and comes amid a hot streak for the retailer.
North Carolina Congressional map ruled unconstitutionally gerrymandered
The ruling was the first time that a federal court had blocked a congressional map because of a partisan gerrymander, and it instantly endangered Republican seats in the coming elections.
Minimum wage increases for 18 U.S. states in 2018
Minimum wage workers in 18 states will get a pay hike next week when higher wage floors go into effect around the country for 2018.
U.K. bans plastic microbeads in effort to protect marine life
Manufacturing ban means the tiny beads which harm marine life can no longer be used in cosmetics and personal care products
A record majority of Norway’s new cars are now electric or hybrid
Norway crossed an electric vehicle milestone in 2017, with more than half of its new vehicle registrations coming from electric vehicles. The country has a plan to phase out new gas-powered cars by 2040.
Belize ends oil operations in its ocean waters
The legislation marks the first time that a developing country has taken such a major step to protect its oceansand all the from oil exploration and extraction.
Appeals court rules Portland ban on fossil fuel terminals is constitutional
The Oregon Court of Appeals ruled Thursday that the Portland City Council did not violate the U.S. Constitution with a 2015 resolution that banned new fossil fuel terminals.
Brazil announces end to Amazon mega-dam building policy
The Temer government claims the decision is a response to intense resistance from environmentalists and indigenous groups