Business

IMF Says Carbon Tax Is Most Powerful Way to Fight Climate Crisis

IMF Says Carbon Tax Is Most Powerful Way to Fight Climate Crisis

The International Monetary Fund (IMF) released a report that says action is needed urgently to tackle the climate crisis. It said that countries around the world need to drastically reduce their carbon emissions immediately and the most effective way is through a carbon tax and with global cooperation, as Reuters reported. The report did not […]

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    Google to Invest $2 Billion in Wind and Solar Energy

    Google to Invest $2 Billion in Wind and Solar Energy

    Ahead of the UN climate summit and the global climate strike, the world’s largest search engine announced that the tech behemoth will make its biggest corporate purchase of renewable energy yet, signing on to a series of agreements that will increase Google’s wind and solar investments by 40 percent, as Quartz reported. Google struck 18 […]

    Amazon Unveils Its Climate Crisis Plan

    Amazon Unveils Its Climate Crisis Plan

    The day before over 1,500 Amazon.com employees planned a walkout to participate in today’s global climate strike, CEO Jeff Bezos unveiled a sweeping plan for the retail and media giant to be carbon neutral by 2040, 10 years ahead of the Paris agreement schedule. In a plan called Amazon’s “Climate Pledge,” Bezos, the world’s richest […]

    First Major U.S. Insurer Begins Divestment from Fossil Fuels

    First Major U.S. Insurer Begins Divestment from Fossil Fuels

    By Elana Sulakshana It seems like every day there is a new story of a pipeline spilling crude oil or an oil refinery exploding. How do fossil fuel companies continue to operate such hazardous infrastructure in communities despite the immediate and long-term harm they cause? One piece of the answer is the coverage and financial […]

    1,000 Amazon Employees Are Joining Global Climate Strike

    1,000 Amazon Employees Are Joining Global Climate Strike

    At least 1,006 Amazon employees have pledged to walk out in support of the global climate strike planned for Sept. 20. The action, announced Monday, will mark the first time that employees at Amazon’s Seattle headquarters have participated in a strike since the company was founded 25 years ago, Wired reported. “It’s incredibly important that […]

    It Ain’t Easy Selling Green

    It Ain’t Easy Selling Green

    By Marlene Cimons When Morgan Poor gave birth to her son, she and her husband shopped around for the perfect diaper, hoping to find one that was both effective and environmentally friendly. They tried a few so-called “niche” brands, like Seventh Generation and Honest Company, which tout their green bona fides, but the diapers Poor […]

    Norway Urges Its Companies Not to Fund Amazon Deforestation

    Norway Urges Its Companies Not to Fund Amazon Deforestation

    Norway has urged its companies that actively do business in Brazil to make sure that they are not contributing to destruction of the Amazon rainforest, as Reuters reported. Norway’s Climate and Environment Minister Ola Elvestuen discussed the Amazon fires with representatives of the oil firm Equinor, fertilizer-producer Yara, and aluminum producer Norsk Hydro. The Norwegian […]