Arctic

Pressured by Climate Activist Groups, Deutsche Bank Ditches Drilling in the Arctic

Climate activists are celebrating Deutsche Bank’s new energy policy banning financial support of drilling in the Arctic, a move which comes after years of pressure from advocacy groups. The bank, a multinational investment company headquartered in Germany, announced Monday that it will no longer offer financial services to new projects that involve drilling for oil …

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‘Warning Sign of Major Proportions’: Number of Siberian Forest Fires Increase Fivefold in Week Since Record High Temperature

The number of fires in the vast north Asian region of Siberia increased fivefold this week, according to the Russian forest fire aerial protection service, as temperatures in the Arctic continued higher than normal in the latest sign of the ongoing climate crisis. The news of the increase comes a week after the small Siberian town …

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‘This Scares Me,’ Says Bill McKibben as Arctic Hits 100.4°F—Hottest Temperature on Record

A small Siberian town north of the Arctic Circle reached 100.4 degrees Fahrenheit on Saturday, a figure that—if verified—would be the highest temperature reading in the region since record-keeping began in 1885. “This scares me, I have to say,” environmentalist and 350.org co-founder Bill McKibben tweeted in response to news of the record-breaking reading in …

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