Business

Volvo Cars has scrapped its goal of selling only electric vehicles (EVs) by 2030, as demand for battery-powered vehicles falls. The Swedish carmaker said it is now aiming for “90 to 100 per cent of its global sales volume by 2030 to consist of electrified cars,” including a combination of EVs and plug-in hybrids, reported […]

In what prosecutor Anders Gustafsson called “the largest environmental crime in Sweden,” 11 people and the Think Pink recycling company are being accused of the illegal disposal of toxic waste. Defendants include former Think Pink chief executive Bella Nilsson — who has since changed her name to Fariba Vancor and once referred to herself as […]

A new World Meteorological Organization (WMO) report has found that African countries are losing a disproportionate amount — an average of two to five percent — of their annual gross domestic product (GDP) due to climate change. Many of these countries are using as much as nine percent of their national budgets to respond to […]

Jobs in the clean energy industry are taking off, with jobs in this field growing at twice the rate as the overall job growth rate in all industries in the U.S., according to a new report by the U.S. Department of Energy (DOE). The 2024 U.S. Energy and Employment Report (USEER) revealed that employment in […]

Norwegian shipowner Eidesvik and Wärtsilä, a Finland-based engine manufacturer, have signed a contract to make a platform supply vessel (PSV) that can run on ammonia fuel. Wärtsilä — the company supplying the equipment to convert the ship — said the Viking Energy vessel will be the first in the world to run on ammonia. “Together […]

The U.S. has shifted its policy position and is now in favor of supporting limitations on global plastics, Reuters confirmed. As reported by Grist, the Biden administration announced in closed-door meetings this week that it supported global efforts to limit plastic pollution via the United Nations’ plastic treaty. Previously, the U.S. had held the stance […]

Quick Key Facts What Is Aquaculture? When you think of agriculture, the first images that come to mind might include big red barns full of hay, a flock of fuzzy sheep or an orchard of apple trees. But agriculture isn’t just all the flora, fauna and equipment that puts land-based food to our plates. It […]

The biggest cruise ships in the world today have more than doubled in size compared to the biggest cruiseliners in 2000, according to a new report by Transport & Environment. The report, “‘Cruisezillas’: How much bigger can cruise ships get?” determined that the biggest cruise ship in the world today, Royal Caribbean’s Icon of the […]