In a new report, the nonprofit As You Sow has found that of 147 companies with recyclability targets, only 22 are on track to meet their goals. In total, the report reviewed 225 companies and their progress toward plastic-related goals, with about half of companies receiving an “F” score. The 2024 Plastic Promises Scorecard has […]
A new report on the macroeconomic effects of climate change has estimated that these damages are as much as six times larger than previous estimates. According to the report, each 1 degree Celsius increase in global temperature can be linked to a 12% decline in global gross domestic product (GDP). The report, “The Macroeconomic Impact […]
The Ford Motor Company said on Monday that it supports the United States Environmental Protection Agency’s (EPA’s) new regulations to reduce passenger vehicle tailpipe emissions by 49 percent over 2026 levels by 2032, reported Reuters. Ford is the second-largest automobile manufacturer in the country. “Complying with emissions regulations requires lengthy advance planning, and Ford has […]
The Biden administration plans to set new tariffs on electric vehicle (EV) imports from China of up to 100 percent, along with import taxes on other products. The tariffs follow a review of former President Donald Trump’s more than $300 billion in import taxes imposed on China in 2018, reported The New York Times. It […]
According to the new Banking on Climate Chaos Fossil Fuel Finance Report 2024, the largest banks in the world have given $6.9 trillion in fossil fuel funding to the industry since the 2016 Paris Agreement. The goal of the Paris Agreement — signed by 196 countries — is to limit human-caused global heating to 1.5 […]
According to a new report by The Washington Post, last month at his private Mar-a-Lago club Donald Trump bluntly proposed a “deal” to more than 20 oil executives from some of the largest oil companies in the United States, suggesting they donate $1 billion to his presidential re-election campaign. In exchange, Trump promised that once […]
Swiss company Climeworks has opened the biggest operational direct air capture (DAC) plant in the world to pull carbon dioxide from the atmosphere. The Mammoth plant, located in Iceland, is nearly ten times bigger than Orca, its second-largest plant. “Starting operations of our Mammoth plant is another proof point in Climeworks’ scale-up journey to megaton […]
Florida Governor Ron DeSantis has announced a ban on the selling and distribution of lab-grown meat in the state, the first law of its kind in the United States. With the ban, DeSantis said he would be saving beef from the “global elite,” reported BBC News. “Today, Florida is fighting back against the global elite’s […]
A new study has uncovered that flight-related emissions from 2019 are far higher than reported. Scientists reviewed data for more than 40 million flights in 2019 and calculated the total global aviation emissions to be about 911 million metric tons, well above the 604 million metric tons reported to the United Nations in 2019. While […]
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