Climate
Australia’s election was all about climate change. Here’s what it means for businesses
Australian Prime Minister Anthony Albanese speaks during a press conference at Parliament House on May 23, 2022 in Australia. David Gray | Getty Images News | Getty Images Australian businesses and their investors globally will be keeping a close watch on the newly elected government’s climate change policies. Analysts say the Labor government under Prime […]
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Jeep maker Stellantis to build $2.5 billion EV battery plant in Indiana
Stellantis logo displayed on a phone screen is seen with some of the company brands logos displayed in the background in this illustration photo taken in Krakow, Poland on December 7, 2021. Jakub Porzycki | NurPhoto | Getty Images Automaker Stellantis plans to invest more than $2.5 billion in partnership with Samsung SDI to build […]
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NOAA forecasts a busy Atlantic hurricane season for seventh consecutive year
Alonzo Lewis rescues items from his mother’s home after it was destroyed by Hurricane Ida on August 30, 2021 in Laplace, Louisiana. Ida made landfall August 29 as a category 4 storm southwest of New Orleans. Scott Olson | Getty Images News | Getty Images The NOAA on Tuesday forecast a busy Atlantic hurricane season this […]
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U.S. Navy climate plan calls to curb emissions, electrify vehicle fleet
U.S. Navy sailors operate onboard the Nimitz-class aircraft carrier USS Harry S. Truman (CVN 75) in the Adriatic Sea, off Split, Croatia February 14, 2022. Milan Sabic | Reuters The U.S. Navy on Tuesday unveiled a climate action plan focused on installing cyber-secure microgrids, boosting its supply of lithium batteries and slashing planet-warming greenhouse gas […]
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‘That is not capitalism, that is abusing the market:’ Sen. Ted Cruz blasts BlackRock’s Larry Fink’s ‘woke’ ESG policies
Sen. Ted Cruz (R-TX) speaks during a news conference at the U.S. Capitol October 6, 2021 in Washington, DC. Alex Wong | Getty Images Sen. Ted Cruz blasted BlackRock CEO Larry Fink on Tuesday for so-called “woke” investment decisions — and suggested money managers like Fink be barred from voting on behalf of other investors […]
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Aviation giant KLM to face legal action in first major challenge to airline industry ‘greenwashing’
The greenwashing case against KLM is thought to be the first corporate lawsuit about airlines and net zero — and one of the first cases about carbon offsets. Nurphoto | Nurphoto | Getty Images Environmental groups on Tuesday launched legal action against KLM, saying the Dutch aviation giant is misleading the public over the sustainability […]
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Burning gas to produce electricity is ‘stupid,’ the CEO of power giant Enel says
Enel CEO Francesco Starace photographed in 2019. In an interview with CNBC on May 24, 2022, Starace said “you can produce electricity better, cheaper, without using gas.” Giulio Napolitano | Bloomberg | Getty Images The CEO of Italian power firm Enel has cast doubt on the continued benefit of using gas to produce electricity, telling […]
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Photos: Bangladesh and India endure catastrophic floods
Vehicles stuck in the floodwater in Sylhet, Bangladesh, May 17, 2022. Many roads have been submerged due to continuous high rains for several days. Md Rafayat Haque Khan | Eyepix Group | Future Publishing | Getty Images Severe floods in parts of Bangladesh and India have killed at least 24 people and left thousands of […]
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After seeing Hawaii’s beaches littered with plastic, this islander built a company to make straws from seaweed
At Sunday Motor Co. Café in Madison, New Jersey, customers are sampling the latest in biodegradable non-plastic utensils. Specifically, straws made of seaweed. The dispenser says, “Designed to Disappear,” which is exactly what the co-founder of sustainable start-up Loliware envisioned. Chelsea Briganti, who goes by “Sea,” was born and raised in Hawaii, where, as a […]
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Russia dominates nuclear power supply chains — and the West needs to prepare now to be independent in the future
Wind turbine and cooling towers of the Cruas-Meysse nuclear power plant in France, April 12, 2021. Jean-Marie HOSATTE | Gamma-Rapho | Getty Images Russia’s war in Ukraine has pushed countries around the globe to wean themselves from Russian oil and natural gas. Parallel conversations are imminent in the nuclear energy space, too, because Russia is […]
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