Global Carbon Budget Report Finds Fossil Fuel Emissions Still Rising

Despite years of commitments from countries to slash the emissions of greenhouse gases that are warming the planet, they are still on the rise. Carbon dioxide released from burning fossil fuels is expected to rise by 1.1 percent in 2023 compared with 2022, scientists found in an extensive peer-reviewed analysis published this week. Researchers from …

Germany to Override Debt Limit to Resolve Budget Crisis

Chancellor Olaf Scholz urged lawmakers on Tuesday to override Germany’s borrowing limits for a fourth consecutive year, allowing his government to take on billions of euros in fresh debt to modernize his country’s economy despite a budget crisis triggered a constitutional court ruling. “It would be a grave, unforgivable mistake to neglect the modernization of …