Business

Barbados Completes World’s First ‘Debt-for-Climate’ Swap

Barbados Completes World’s First ‘Debt-for-Climate’ Swap

Barbados has secured the world’s first “debt-for-climate” swap to finance crucial water and sewage projects that will help the island cope with the destructive impacts of climate change. Through a deal with international funding partners, the Caribbean island nation was able to replace outstanding debt with less expensive financing, which generated a savings of $125 […]

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    New Solar Panel Recycling Facility Is Coming to Georgia

    New Solar Panel Recycling Facility Is Coming to Georgia

    Solarcycle, a company handling end-of-life solar panels, is opening a new solar panel recycling facility in Cedartown, Georgia.  According to the company, the upcoming 5-gigawatt facility will span 255,000 square feet and will eventually have the capacity to recycle around 10 million old solar panels annually, or as much as 30% of the country’s retired […]

    COP29: Nations Struggle With Fossil Fuel Transition Agreement as Saudi Arabia Poses ‘Wrecking Ball’

    COP29: Nations Struggle With Fossil Fuel Transition Agreement as Saudi Arabia Poses ‘Wrecking Ball’

    COP29 talks, including the landmark deal on “transitioning away from fossil fuels” agreed upon at last year’s negotiations, had to be prevented from collapse after Saudi Arabia and other developing countries expressed opposition. Over the weekend, nations failed to come to an agreement and it was decided that talks would be postponed until next year, […]

    Trump’s Plans to Repeal Climate Policies Could Cost U.S. $50 Billion in Lost Exports, Forfeit Clean Energy Economy to Other Countries

    Trump’s Plans to Repeal Climate Policies Could Cost U.S. $50 Billion in Lost Exports, Forfeit Clean Energy Economy to Other Countries

    A new report by the Net Zero Industrial Policy Lab at Johns Hopkins University explains the high cost that would come to the U.S. if the incoming Trump administration repeals existing climate policies. According to the report, Donald Trump’s plans to undo climate policies would cost the U.S. billions of dollars. Rolling back policies such […]