G8 to gauge cost of species loss from climate change

onMar 16, 2007 @ 11:51 PDT

The ministers conducted deliberations during a two-day meeting in the eastern German city of Potsdam. Also in attendance were ministers from Brazil, China, India, Mexico and South Africa.

Germany’s environment minister said 150 species were lost to extinction every day, and that loss of plant and animal species was an economic disaster fuelling poverty in many areas.

The Stern report estimated that climate change could cost between 5% and 20% of annual gross domestic product.

By Bill Miller

Somalia’s Parliament and Public Are Questioning the President’s Shadowy Oil Deal With Turkey

ByOscar Rothstein

on Nov 10, 2026 @ 20:00 MST

Some MPs say the arrangement — which gives Turkish Petroleum 95 percent of revenues on estimated 20 billion barrels of oil — is "illegitimate".

UN Fails to Disclose Company Names on Biodiversity Summit Delegates List

ByRachel Sherrington, Clare Carlile and Brigitte Wear

on Nov 10, 2026 @ 09:39 MST

Hundreds of representatives from the world’s most powerful industry bodies representing sectors that harm, or exploit, the natural world were present on the ground at the October nature summit in ...

Series: Big Ag's Climate Push

French Oil Giant Backs Dozens of Lobby Groups Fighting New Methane Rules Around the World

ByCécile Marchand and TJ Jordan

on Nov 10, 2026 @ 04:07 MST

TotalEnergies has won plaudits for voluntary steps to tackle the planet-heating gas. So why does it fund moves to delay, dilute or dismantle regulation?