Energy

LONDON — U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party. Truss was in office for just 44 days, making her the shortest-serving prime minister in British history. For 10 days of her premiership government business was

Extreme climate events threaten many aspects of life and business. As these events become more common, the world has become more uncertain than ever. In a climate crisis, there won’t be a mythical superhero to save the day. Instead, we’ll hopefully witness the concerted effort of dedicated people around the globe who apply their skills

President Joe Biden said oil companies need to use their record profits to ramp up production rather than to enrich shareholders. “My message to the American energy companies is this: You should not be using your profits to buy back stock or for dividends. Not now. Not while a war is raging,” Biden said. “You

The carbon crediting world is fighting.  The Integrity Council for the Voluntary Carbon Market (IC-VCM) released its Core Carbon Principles and Assessment Framework for public consultation in late July. Predictably, the other existing carbon crediting organizations responded with their feedback. The Integrity Council was created in 2021 as an offshoot of the Taskforce on Scaling Voluntary

British Prime Minister Liz Truss departs 10 Downing Street for the weekly Prime Minister’s Questions (PMQs) in the House of Commons in London, United Kingdom on October 19, 2022. Anadolu Agency | Anadolu Agency | Getty Images LONDON — British Prime Minister Liz Truss insisted Wednesday she was a “fighter not a quitter” as she

[GreenBiz publishes a range of perspectives on the transition to a clean economy. The views expressed in this article do not necessarily reflect the position of GreenBiz.] From Vienna, where I live, to Dakar, New Delhi and many other cities worldwide, I’ve seen the same thing: a relentless growth in construction. New and still half-built

WASHINGTON — President Joe Biden will announce an additional release of crude oil from the Strategic Petroleum Reserve on Wednesday in the range of 10 million to 15 million barrels, sources familiar with the plan told CNBC. The move aims to extend the current SPR delivery program, which began this spring, through December, the sources

The passage of the Inflation Reduction Act (IRA) this summer has ushered in a new era of bold climate policy — at the federal, state and local levels. The IRA, while flawed, is potentially transformational, but only if we move quickly with implementation and follow up with policies that go further. What we learned in

They’ve been showing up increasingly in my LinkedIn feed, emails, newsletters and in casual conversation: jobs and job listings at big companies, focused at preserving and regenerating nature and biodiversity. It appears to be a new nexus of action for corporate sustainability professionals, at the intersection of natural capital, supply chains, operations, finance and, of

In this article STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that the company would use its own sites to generate half

This article originally appeared as part of our Food Weekly newsletter. Subscribe to get sustainability food news in your inbox every Thursday. Earlier this year, I saw some encouraging movement on topics such as food waste and social justice — programs that don’t tend to dominate corporate press releases. But now, we’re back to this year’s darling:

This article originally appeared in our Circularity Weekly newsletter. Subscribe to the newsletter here. When it comes to reusables, I’m a fanatic, an enthusiast, a fan — insert any number of zealous descriptors and you wouldn’t be far off. That’s in part because my journey to circular economy analyst began with a reusables obsession — following

In Northwest Arkansas, reuse is being delivered to residents’ doors. That is, if they shop Walmart’s InHome delivery service, which this week started offering an assortment of goods in reusable packaging, in partnership with Loop, TerraCycle’s reuse platform.  Walmart InHome service allows customers to have groceries and other goods delivered to their homes and now

US President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. Anadolu Agency | Anadolu Agency | Getty Images DUBAI, United Arab Emirates — The Biden administration asked Saudi Arabia, the de-facto leader of oil producer group OPEC, to delay

The Inflation Reduction Act directs over $50 billion in tax credits, rebates and grant programs toward reducing the carbon emissions generated by buildings. This is expected to leverage tens of billions more in private sector investment. While this investment is a “game changer,” best estimates are that we will need to spend $1.7 trillion a

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Images Crypto billionaire Sam Bankman-Fried is backing down from a previous comment suggesting he could spend $1 billion

This week’s run time is 30:51. WEEK IN REVIEW (5:05) FEATURES Sorting through economic chaos in the UK (21:00) The past six weeks have brought full-blown crisis and confusion to the United Kingdom. There’s optimism that these challenges could trigger an acceleration of the transition to a clean, circular economy, but some nature protections could

In this article HMC 7267.T-JP 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint venture focused on electric vehicles plans to begin deliveries to

[GreenBiz publishes a range of perspectives on the transition to a clean economy. The views expressed in this article do not necessarily reflect the position of GreenBiz.] If we’re going to decarbonize the global economy, we’ll have to decarbonize aviation.  The global aviation sector accounts for 2 percent of global CO2 emissions, and without significant

In this article BTC.CB= Follow your favorite stocksCREATE FREE ACCOUNT Salvadoran President, Nayib Bukele speaks during an event in May 2021. El Salvador become the first country to adopt bitcoin as legal tender in June. Camilo Freedman | SOPA Images | LightRocket | Getty Images It has been more than a year since El Salvador

Date/Time: November 3, 2022 (1-2PM ET / 10-11AM PT) Nearly 60 percent of Fortune 500 companies are committed to reducing their carbon footprint, yet the world currently faces pressures unprecedented in recent history – supply chain disruptions, energy price volatility, economic uncertainty and more. Organizations must navigate this environment while continuing to decarbonize, and many

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Stocks rise despite hot inflation report We’re buying more shares of EL Quick mentions: PG, PXD, AMZN 1. Stocks rise despite hot inflation report Stocks rose on Wednesday despite a

When many investors — especially those with a focus on impact, equity and resilience — think about the opportunity to invest with a dual climate and gender lens, their starting point is emerging markets. That’s largely due to the greater amount of storytelling that has been done about the opportunities for growth and impact in

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC General Motors on Tuesday said that it is forming a new business unit to offer stationary battery packs, solar panels, electric vehicle chargers and other energy-management products for homes

Nescafé has unveiled plans to invest over $1 billion in scaling up regenerative agriculture methods and environmentally sustainable coffee farming worldwide over the coming decade, as part of parent company Nestlé’s drive to halve its greenhouse gas emissions by 2030. The world’s largest coffee brand, owned by Swiss consumer goods giant Nestlé, published its Nescafé

Employees work on bitcoin mining computers at Bitminer Factory in Florence, Italy. Alessandro Bianchi | Reuters Software used in bitcoin mining just got its first upgrade since late 2012, and a coalition of companies including payments giant Block (formerly Square) is trying to help push the open-source protocol forward to become an industry standard. The

Indigenous leaders from around the world continue to use their hard-won visibility to call for a system of climate finance that values their knowledge and work, offers a fair price for the nature-based solutions they provide, and pays them — directly.   “The asset that we bring to the table is knowledge. To think about the

Reprinted from GreenBuzz, a free weekly newsletter. Subscribe here. There’s no better way to lose perspective than to spend a lot of time listening to just one group. In my case, that’s corporate sustainability professionals. My people, my ride-or-dies! If you’re going to focus to the point of myopia, you could do worse than to

A new corporate framework specifically geared towards helping food, farming and forestry companies measure and reduce their land-based greenhouse gases has been launched by the Science-Based Targets initiative (SBTi), requiring firms to set clear goals to end deforestation and achieve net zero emissions. The “Forest, Land and Agriculture (FLAG) Science Based Target Setting Guidance” has

After hearing about new environmental disasters seemingly every day this summer, those of us working in sustainability only feel increasing urgency to do more, faster. Yet finding opportunities to enact change quickly is a challenge. The traditional model of enacting sustainability projects, across industries, requires a significant amount of work merely to scope and plan

Welcome to the first of my two-part series on waste management in India. This week, we’ll explore the challenges. In the next part, on Oct. 21, we’ll explore some of the work being done to address them. This article originally appeared in our Circularity Weekly newsletter. Subscribe here. There was a time, not so long

Zachary Bogue, co-managing partner for DCVC, speaks during the Future of Innovation: Spotlight on Artificial Intelligence Conference in San Francisco, California, U.S., on Thursday, June 22, 2017. The market for AI technologies is estimated to generate more than $60 billion in productivity improvements for U.S. businesses annually. Bloomberg | Bloomberg | Getty Images The Silicon

This week’s run time is 44:27. WEEK IN REVIEW (4:00) FEATURES Tips for planning an EV fleet transition (23:25) Electrifying fleets is a long-term process, especially depending on the vehicle class. Where to start? GreenBiz Transportation Analyst Vartan Badalian offers details about a new resource for fleet managers investing in EVs and charging infrastructure, the

German Chancellor Olaf Scholz last week announced a package worth 200 billion euros ($198 billion) designed to help with soaring energy prices. The “defensive shield” includes a gas price brake and a cut in sales tax for fuel. Steffi Loos | Pool | Reuters Amid downbeat predictions of a recession in Germany and the wider

[GreenBiz publishes a range of perspectives on the transition to a clean economy. The views expressed in this article do not necessarily reflect the position of GreenBiz.] Russia’s invasion of Ukraine and ongoing disruptions to global energy markets underscore the urgency of accelerating the transition to renewable energy. Renewable power sources such as wind and

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Stocks teeter Selling high, considering buying Quick mentions: LLY, COST 1. Stocks teeter Stocks swayed on Thursday after starting the week with sharp gains that puttered out by Wednesday. The

The United States is in a golden era for climate policy.  The policy has been a long time coming, yet came to fruition quickly, responding to the urgency of the climate crisis and the opportunity to legislate before midterms. How the policy will unfold is impossible for me to imagine. What I know: Billions of