Here are some of the latest headlines on climate change and energy from around the world.
- Yellen Urges China to Step Up Climate Finance Investments: Janet Yellen, the Treasury secretary, said China, the largest emitter of greenhouse gases, can have “greater impact” tackling climate change by working with other nations. She also called on Beijing to end its financing of coal projects abroad and to increase its transparency on its climate actions. [Source: The New York Times]
- Iran Tries to Seize Two Oil Tankers Near Strait of Hormuz: Iran tried to seize two oil tankers near the strategic Strait of Hormuz early Wednesday, firing shots at one of them, the U.S. Navy said. It said that in both cases, the Iranian naval vessels backed off after the U.S. Navy responded, and that both commercial ships continued their voyages. The incident comes amid heightened tensions over Iran’s nuclear program and its oil exports. [Source: AP Finance]
- Stock Market Today: Stocks Close Lower After June Jobs Report: Friday marked a choppy session for stocks as investors mulled over a mixed June jobs report. Stocks struggled to find direction after this morning’s release of the June jobs report, which gave a mixed picture on the labor market. The report showed that the U.S. economy added 850,000 jobs in June, beating expectations, but the unemployment rate rose slightly to 5.9%. [Source: MSN]
