Headline News:
- “Tens of thousands of fires are pushing the Amazon to a tipping point” • Fires continue to rage at high levels through the Amazon in Brazil for the second year in a row, raising concerns among scientists that the rainforest’s destruction could eventually reach a point of no return. And the government of Brazil is doing little to curb illegal fires. [CNN]
Fire in the Amazon (Christian Braga | Greenpeace)
- “The Remarkable Floating Gardens Of Bangladesh” • Much of Bangladesh is prone to floods and waterlogging, and agriculture suffers from floods. In one part of Bangladesh, a traditional method of cultivation uses floating vegetable gardens. Now farmers are reviving this old practice to reduce the vulnerability they have from climate change. [BBC]
- “BP Invests In Offshore Wind To Power 2 Million American Homes” • BP is moving into offshore windpower for the first time with a $1.1 billion investment in the US. BP plans to make major investments into bioenergy, hydrogen, and carbon capture and storage. It aims to raise $25 billion by selling oil and gas assets over the next five years. [CNN]
- “Oregon Wildfires: Half A Million People Flee Dozens Of Infernos” • More than half a million people in Oregon are fleeing deadly wildfires that are raging across the Pacific Northwest, authorities say. Governor Kate Brown said at least four fatalities have been confirmed. More than 100 wildfires are currently scorching 12 western US states. [BBC]
- “Could Exxon Be … Running Out Of Cash?!” • Could Exxon be running out of cash? An article by Yahoo! Finance reported that ExxonMobil Corp faces a $48 billion shortfall through next year. This year alone, Exxon needed to borrow $23 billion to pay its bills. Instead of expanding as planned, Exxon is now reviewing where it can cut expenses. [CleanTechnica]
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