Business

Election 2024: Where Do Harris and Trump Stand on the Climate Crisis?

Election 2024: Where Do Harris and Trump Stand on the Climate Crisis?

The 2024 presidential election is widely projected to be one of the closest in American history, and each candidate says the stakes have never been higher. There are many issues on the ballot, from abortion rights to foreign policy. But where do the candidates stand on the climate crisis facing the planet? Kamala Harris When […]

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    42 Billion Euros Spent Annually by 5 Largest EU Countries to Subsidize Fossil Fuel Company Cars, Study Finds

    42 Billion Euros Spent Annually by 5 Largest EU Countries to Subsidize Fossil Fuel Company Cars, Study Finds

    The five biggest countries in the European Union spend 42 billion euros each year on subsidizing fossil-fuel-powered company cars, a new study commissioned by Transport & Environment (T&E) says. The report by Environmental Resources Management (ERM), “Company car fossil fuel subsidies in Europe,” called for increased subsidies for electric vehicles (EVs). “This is completely illogical […]

    World’s Biggest Floating Offshore Wind Turbine Developed in China

    World’s Biggest Floating Offshore Wind Turbine Developed in China

    China’s CRRC Corporation Limited (CRRC) has developed the “most powerful” floating offshore wind turbine in the world, according to state news agency Xinhua. The turbine was produced in Yancheng city in Jiangsu Province and has a 20-megawatt (MW) generating capacity. The massive turbine has the ability to generate 62 million kilowatt hours of power annually, […]

    Spain’s Fashion Giants to Start Collecting Used Clothing Waste in 2025 as Part of Trial Program

    Spain’s Fashion Giants to Start Collecting Used Clothing Waste in 2025 as Part of Trial Program

    Ten of Spain’s top fashion companies — like the owner of Zara, Inditex; H&M; IKEA; Decathlon; and Primark — will begin collecting discarded clothing beginning in April of 2025 as part of a year-long trial to manage textile waste, reported Reuters. Re-viste, the project’s organizer, said shoes, clothing and other textiles will be separated from […]

    112 CEOs and Senior Execs Call for Climate Action Ahead of COP29

    112 CEOs and Senior Execs Call for Climate Action Ahead of COP29

    More than 100 senior executives and CEOs from the World Economic Forum’s Alliance of CEO Climate Leaders have shared an open letter addressed to global leaders ahead of the United Nations COP29 Climate Change Conference in Baku, Azerbaijan. Among the 112 company heads were chairs and CEOs of IKEA, Volvo Cars and AstraZeneca, who pushed […]

    BP Scraps Target of Reducing Oil Production by 2030

    BP Scraps Target of Reducing Oil Production by 2030

    Oil major BP has scrapped its goal of reducing oil and gas production by the end of the decade, angering environmental groups who say the company is prioritizing profits over the planet. According to three sources who have knowledge on the matter, BP CEO Murray Auchincloss scaled back the company’s energy transition plans in order […]

    Three Mile Island Nuclear Plant to Reopen as Microsoft Agrees to Purchase Power From It for 20 Years

    Three Mile Island Nuclear Plant to Reopen as Microsoft Agrees to Purchase Power From It for 20 Years

    In March of 1979, Pennsylvania’s Three Mile Island nuclear plant — which was powered by two pressurized light-water reactors — experienced a cooling malfunction that caused part of the core of the second reactor to melt, releasing radioactive material into the environment. Constellation Energy has plans to reopen Three Mile Island, and Microsoft has agreed […]

    California Sues ExxonMobil Over Its Global Plastic Waste Pollution and Deceptive Recycling Campaign

    California Sues ExxonMobil Over Its Global Plastic Waste Pollution and Deceptive Recycling Campaign

    California Attorney General Rob Bonta has announced that the state has filed a lawsuit against oil major ExxonMobil for its alleged engagement in “a decades-long campaign of deception,” which led to and exacerbated the worldwide plastics pollution crisis, a press release from the California Department of Justice said. The complaint, filed in San Francisco County […]