Business

Climate Change Damage in China Could Harm U.S. Economy, Study Finds

Climate Change Damage in China Could Harm U.S. Economy, Study Finds

By Tim Radford German scientists have shown once again that climate change remains a global problem, with China’s climate impact, for instance, hurting the economy of the U.S. Disastrous flooding—likely to increase as the world warms, and ever more water enters the atmosphere—in one country could reverberate in ways that could harm another nation’s economy. […]

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    McDonald’s Shareholders Vote to Keep Distributing Plastic Straws

    McDonald’s Shareholders Vote to Keep Distributing Plastic Straws

    McDonald’s shareholders rejected a proposal to take the first step in banning plastic straws at its 36,000 outlets worldwide. The proposal, published in an SEC filing in April, would have required the fast food giant to prepare a report on the business risks of using plastic straws, and the company’s efforts to develop and implement […]

    Tesla’s Massive Virtual Power Plant in South Australia Roars Back to Life

    Tesla’s Massive Virtual Power Plant in South Australia Roars Back to Life

    Tesla‘s plans to build the world’s largest virtual power plant in South Australia will proceed after all. The $800 million (US $634 million) project—struck in February by Tesla CEO Elon Musk and former South Australian Premier Jay Weatherill—involves installing solar panels and batteries on 50,000 homes to function as an interconnected power plant. But the […]

    UK’s Largest Grocer Takes on Food and Plastic Waste

    UK’s Largest Grocer Takes on Food and Plastic Waste

    It’s been a green week for Tesco, the UK’s largest supermarket. First, the chain said it would remove “Best before” labels from around 70 pre-packaged fruits and vegetables in an attempt to stop customers from discarding still-edible food, BBC News reported Tuesday. Then it announced plans to ban all non-recyclable plastics by 2019, The Independent […]

    World’s Largest Battery and Rapid-Charge Network Launches to Accelerate EV Adoption

    World’s Largest Battery and Rapid-Charge Network Launches to Accelerate EV Adoption

    London-based Pivot Power unveiled plans to build the world’s first national network of grid-scale batteries and rapid-charge stations across the UK to accelerate electric vehicle (EV) adoption and to usher in low-carbon transport. The ambitious £1.6 billion ($2.1 billion) initiative consists of 50-megawatt batteries constructed at 45 sites around the country and located near towns […]

    Alaska Airlines Launches #StrawlessSkies Campaign

    Alaska Airlines Launches #StrawlessSkies Campaign

    As part of its worldwide push “For a Strawless Ocean,” Alaska Airlines announced Monday that its 44 million yearly passengers will fly in “strawless skies.” Starting July 16, the leading U.S. airline on the 2017 Dow Jones Sustainability Index will stop distributing single-use plastic stirring straws and citrus picks in its lounges and on its […]