China is trying a new strategy to deal with companies that break pollution rules: wield their data against them. Reuters reports that China is launching a data platform on March 1st that will let the public and officials study real-time and...
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In order to curb the industry's prolific carbon emissions, the sector will have to transform how the material is traditionally...
Motorsport governing body FIA has developed 100 percent sustainable fuel for Formula 1 cars. The organization and F1 aim to hit net zero carbon emissions by 2030, and sustainable fuels will play a key role in that. With its fuel, which is made from...
The world is on a collision course towards a catastrophic 3 degree Celsius increase in global temperatures. That’s the primary finding of the United Nations’ 2020 Emissions Gap Report, which its Environment Program published on Wednesday. The...
Microsoft and 12 other companies have joined Amazon's Climate Pledge, which is a commitment to hit net zero carbon emissions by 2040. The project aims to meet the climate goals of the United Nations Paris Agreement a decade early. Signatories also...
She’s pushing a green, digital, diverse future. And this CEO doesn’t care who the president is
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Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.When Helle Østergaard Kristiansen joined the Danish energy trader Danske Commodities a decade ago, the executive admits it was something of a different world....
The future of power generation is solar. That’s the view of the International Energy Agency in its new World Energy Outlook report, released in October. The biggest reason: Solar is now cheaper than coal or gas in most of the world. “I see solar becoming the new king of the world’s...
As of today, Google has eliminated its entire “carbon legacy.” By that, the company means it has purchased high-quality carbon offsets to match all of the emissions ever produced by its data centers and campuses. That includes the emissions...
California air quality officials have passed two new measures aimed at reducing pollution from diesel trucks and ships. One rule introduces new emissions standards for heavy-duty diesel trucks, while the other requires more ships docked at ports to...
Five major automakers have signed a binding agreement with California that will compel them to follow the state’s vehicle emissions standards. Its fuel economy rules are stricter than federal ones, which has put the state at odds with the Trump...
Mercedes-Benz parent Daimler will pay close to $3 billion to settle the US fallout from its diesel emissions scandal. The German automaker said it expects its recent settlement with American authorities, including the Environmental Protection...
Microsoft has revealed how it plans to fulfill its pledge to become a carbon negative company by 2030. The tech giant first announced that it intends implement aggressive measures to remove more carbon from the atmosphere than it creates back in...
Since April, Apple’s corporate operations have been 100 percent carbon neutral. Now, the company says it’s ready to go even further. Today, Apple pledged to make its supply chain and all of its products carbon neutral by 2030.Apple made the...
House Democrats want to eliminate the US economy’s greenhouse gas emissions by 2050. Two ways they hope to achieve this are: reaching 100 percent electric vehicle sales by 2035 and 100 percent clean electricity by 2040. Today, House Speaker Nancy...
The state of California is requiring all trucks to be zero-emission beginning in 2024, thanks to a new mandate from the California Air Resources Board. The regulation, which CARB calls the “first in the world,”is meant to be a step towards...
Ford is the latest company to get on board with carbon neutrality. In a new blog post, the company has announced its plans to become carbon neutral by 2050, and to do so will focus on three main areas: vehicle use, its supply base and its company...
How much does it cost for an oil company to transform from fossil fuels to clean energy? Start in the tens of billions, and keep going. BP, the British energy giant, began to set out initial cost estimates on Monday, including writing down assets and opting not to exploit some existing resources as...
Hello from London. This is Katherine, taking over today from Eamon.Today we’re asking: What do the environment and the protests over the killing of George Floyd have in common?It may seem difficult to draw a direct link between police brutality and pollution. But add the impact of COVID-19 to the...
New data published by the Scripps Institution of Oceanography shows that the concentration of CO2 in the atmosphere has reached a record monthly high of 417 parts per million (ppm). This two ppm change since last May’s reading is in line with the...
As cities plan zero-emissions zones and consider banning gas-powered cars altogether, automakers are looking for creative ways to make sure their customers aren’t left stranded. Fiat is now piloting tech that could allow its hybrid plug-in cars to...
It’s no surprise that car sales were down globally in March due to the coronavirus pandemic. But despite Europe being hit hardest by that decline, battery electric vehicles and plug-in hybrid cars increased their market share across the EU from...
As the U.K. went into nationwide lockdown this spring, the words “unprecedented” were trotted out to explain everything from pubs being closed to national clap-alongs for healthcare workers. But for the National Grid, the country’s electricity operator, “unprecedented” meant blowing...
This was supposed to be another record year for renewables. But instead, 2020 represents a sudden break in what appeared to be a nearly unstoppable rise in the capacity of renewable energy, the International Energy Agency said Wednesday—with capacity growth expected to drop by 13% compared to the...
To aid social distancing—and cut air pollution—London’s mayor declares stretches of the capital will be car-free
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Traveling through central London—a bustling amalgamation of finance, tourism, culture and shopping, all threaded with winding, often narrow medieval streets—is about to get a lot, well, slower. As the British capital inches towards reopening from seven weeks of lockdown, London’s mayor...
Could the COVID-19 crisis hasten the collapse of coal? That was one takeaway from the International Energy Agency’s Global Energy Review, released Thursday, which tracks the wide-ranging impact of COVID-19 lockdowns worldwide nearly to the present day. Demand for coal is projected to fall 8% in...
By the time Edward Mason stepped up to the lectern in front of a crowd of oil and gas executives on a Tuesday morning in February, the presence of the slight, gap-toothed head of responsible investment at the Church Commissioners for England—the main investment vehicle of the Church of...
Today marks the 50th anniversary of the first Earth Day, founded in 1970 by a mix of senators and young activists, marked with a protest of 20 million people across the U.S. Coming in the years after the publication of Rachel Carson’s Silent Spring, which prompted widespread alarm over the impact...
Shell is the latest oil giant to commit to carbon neutrality. Following BP’s announcement earlier this year, Shell has now unveiled an ambitious set of targets that aim to reduce its greenhouse gas emissions to net zero by 2050 or sooner. Simply...
Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox.Greg Nino would prefer to see oil prices climb. A real estate agent in Harris County, in the suburbs of Houston, Nino’s customers...
Coronavirus fight could prove fatal for another global challenge: Addressing climate change
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Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox.Fighting coronavirus is like a war. But to address climate change, “we need to win the peace,” says Mark Carney, UN special envoy on...