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'Amazonia' Bonds Face Hurdles Amid Political Push For First-Ever Rainforest Debt
Thursday, April 18, 2024 - 5:55am | 562The Amazonia Bond proposal, which aims to raise funds for the preservation of the Amazon rainforest, is encountering skepticism and technical challenges. This initiative, backed by several South American countries, is facing hurdles despite political support. What Happened: The proposal for...
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Amazon Forest's Carbon Emissions Soared Under Bolsonaro's Leadership, Study Finds
Thursday, August 24, 2023 - 4:13am | 380According to a recent study, the Amazon forest’s carbon emissions took a dramatic leap under former Brazilian President Jair Bolsonaro‘s administration, Reuters reported. The study was conducted by the Brazilian National Institute for Space Research (INPE). It revealed that carbon...
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Elon Musk Says Starlink Satellites Now Connecting Schools In World's Biggest Rainforest
Friday, September 23, 2022 - 1:07am | 334Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk said Thursday that his space company’s Starlink service is connecting schools in the Amazon region. What Happened: Musk’s comments were made on Twitter in response to a tweet from Fábio Faria, Brazil’s Minister of...
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Apple, Google, Other Tech Giants Used Illegally Mined Gold From Brazil's Amazon Rainforest: Report
Monday, July 25, 2022 - 11:54pm | 467Apple Inc (NASDAQ: AAPL) and Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google are among a handful of U.S. tech giants that reportedly used gold mined illegally from Brazilian indigenous lands located in the Amazon rainforest. What Happened: Brazilian newspaper Rep...
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UK Activist Group Blocks 4 McDonald's Distribution Sites, Calls For Transition To Plant-Based Food
Saturday, May 22, 2021 - 3:44pm | 366Activist group Animal Rebellion has blockaded four McDonald's Corp (NYSE: MCD) distribution centers in the United Kingdom. The group is calling attention to the role that raising livestock plays in climate change and is pushing McDonald's to transform into an all plant-based company...
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Soybean And Cattle Farming To Blame For Amazon Rainforest Fires
Tuesday, September 3, 2019 - 3:54pm | 775The United States is in a trade war with China, which began with tariffs that drove China to retaliate. The U.S. and China attempted to come to a trade agreement; however little has come from it. As a result, they have been seeking and using substitutes to the other nation's goods. China has...
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The Amazon Rainforest Is On Fire And Burning Out Of Control
Thursday, August 22, 2019 - 1:41pm | 536Large areas of the Amazon rainforest started burning 16 days ago, and the fires have been spreading since. Residents of some of the largest cities in South America have not seen the sky because of the smoke from the fires. And there have been few efforts made to stop these fires. Jair Bolsonaro,...