Energy

[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.] What would billions of dollars of additional climate finance from corporations mean for the world’s forests? It would mean protecting and enhancing biodiversity. It would mean supporting the

Climate scientists described the shocking images of gas spewing to the surface of the Baltic Sea as a “reckless release” of greenhouse gas emissions that, if deliberate, “amounts to an environmental crime.” Anadolu Agency | Anadolu Agency | Getty Images Unexplained gas leaks along two underwater pipelines connecting Russia to Germany have sent huge volumes

Each quarter Wood Mackenzie and the American Clean Power Association (ACP) gather data on U.S. energy storage deployments, prices, policies, regulations, and business models. We compile this information to create the most comprehensive, timely analysis of energy storage in the U.S. Let’s take a look at some of the highlights from the latest report. The

BORNHOLM, DENMARK – SEPTEMBER 27: Danish Defense shows the gas leaking at Nord Stream 2 seen from the Danish F-16 interceptor on Bornholm, Denmark on September 27, 2022. Danish Defence/ | Anadolu Agency | Getty Images Spanish Energy Minister Teresa Ribera said Thursday that the damage caused to the two subsea Nord Stream gas pipelines

Capturing carbon from the atmosphere is quickly becoming a popular venture. The sector skyrocketed in 2022 as the top emerging segment of climate tech funding, and the Inflation Reduction Act passed earlier this year increased the financial compensation for every ton of carbon captured in the U.S. But Icelandic company Carbfix has been capturing and

A Vestas wind turbine photographed in Denmark. The company said Tuesday it would launch an onshore wind turbine tower with a hub height of 199 meters. Jonas Walzberg | Picture Alliance | Getty Images Danish firm Vestas said Tuesday it was launching an onshore wind turbine tower with a hub height measuring 199 meters (just

On Sept. 22, 2020, Chinese President Xi Jinping made an unexpected announcement in an address to the United Nations. He declared China would “aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060,” a level of ambition that surprised many international climate advocates.  China’s net-zero goal has strengthened the financing landscape

The European Union on Wednesday raced to find out exactly what happened and why after mystery gas leaks hit two underwater Russian gas pipelines, warning of retaliatory measures for any deliberate attack on the region’s energy infrastructure. In a statement on behalf of all 27 members, EU foreign policy chief Josep Borrell said Wednesday that

Derrick Johnson, president and CEO of the NAACP, has been “hearing a lot about this green economy. I’m looking for it but not sure where it is.”  During a few days of “getting it done” last week in New York, I attended an event hosted by the Intentional Endowments Network, where I joined endowment trustees,

Happy National Drive Electric Week, happening from Sept. 23 to Oct 2. This nationwide movement celebrates electric mobility, and there is a lot to be excited about. It feels like companies and governments make a slew of announcements every day relating to EVs. Here is a snippet from just one week ago, Tuesday, Sept. 20: 

The U.K. has laid out plans to ramp up the number of electric vehicles on its roads over the next few years. Coldsnowstorm | E+ | Getty Images Electric car drivers in the U.K. have seen the cost of using a public, “rapid” charger on a pay-as-you-go tariff rise by 42% since May, according to

Date/Time: October 13, 2022 (3-4PM ET / 1-2PM PT) Organizations are committed to turning sustainability targets into measurable outcomes, to moving from ambition to action.  Envizi, an IBM company recently commissioned a research study to take a pulse on how organizations are embedding sustainability at the operational level, and the results highlight the many hurdles

In this article XPEV NIO LI 9868-HK 2015-HK Follow your favorite stocksCREATE FREE ACCOUNT Li Auto warned that “supply chain constraint” would mean the company will deliver fewer cars than expected in the third quarter. Meanwhile, China has extended a tax exemption for new energy vehicles until the end of 2023 as it looks to

This article is sponsored by Amazon and written by the We Mean Business Coalition, a partner of The Climate Pledge. When we think about corporate climate action, the story is usually about companies cutting their emissions. Whether that’s from rolling out fleets of electric vehicles, investing in new green technology or purchasing renewable energy, companies

This is an excerpt from DIRECT. Copyright 2022 by Kathryn Judge. Reprinted here with permission from Harper Business, an imprint of HarperCollins Publishers. Sustainable Jeans Since I have no aspiration of ever sitting in a corner office, it is easy for me to criticize the lack of executive accountability. But there are times that I

Floating solar farms are being built in growing numbers around the world. They’re particularly popular in Asia, according to U.S. space agency NASA, which has photographed one of the world’s biggest floating solar farms from space. The 320-megawatt Dezhou Dingzhuang Floating Solar Farm in China’s Shandong province was built as part of a drive to

In this article AAL GEVO Follow your favorite stocksCREATE FREE ACCOUNT American Airlines jet parked at LaGuardia International Airport in New York.  Adam Jeffery | CNBC In 1928, one person crossed the Atlantic; in 2018 there were 4.3 billion passenger journeys recorded. Although some people managed to avoid it even before Covid – according to

This article originally appeared in our Circularity Weekly newsletter. Subscribe to the newsletter here. No recycled content. No take-back program. Destined for landfill, incineration or (worse yet) the environment. This probably doesn’t sound to you like a recipe for success in sustainability. It didn’t sound great to two veterans of the beauty products industry either. Mia

The Inflation Reduction Act signed into law by President Joe Biden in August includes historic investments to combat climate change. It may also open new avenues for fraud by expanding a program that has given federal authorities fits for years. The Renewable Fuel Standard, passed with broad bipartisan support in 2005, uses a system of

This week’s run time is 40:37. IN REVIEW (10:45) FEATURES Getting it done (26:20) Helen Clarkson, CEO of the Climate Group, chats about the organizational barriers that makes it challenging for companies to deliver on climate commitments. Read more about the research behind this conversation in “Getting Going: Breaking Through the Barriers to Corporate Climate

Tesla electric cars photographed in Germany on March 21, 2022. According to the International Energy Agency, electric vehicle sales are on course to hit an “all-time high” this year. Sean Gallup | Getty Images News | Getty Images Electric vehicle sales are on course to hit an all-time high this year, but more work is

Hello from Climate Week in New York City! It’s that time of year when the climate world descends on the Big Apple to work on climate policy, celebrate progress and freak each other out with how much work there is left to do.  Per usual, there is a slew of news coming out from the

The derrick is seen behind anti-fracking banners at Cuadrilla’s Lancashire fracking site. Christopher Furlong | Getty Images LONDON — The U.K. government lifted its ban on fracking Thursday, citing the need to increase domestic energy supply following the Russian invasion of Ukraine. In her first major address on Sept. 8, new Prime Minister Liz Truss

“Businesspeople, being people, like to feel they are doing good,” the dryly witty voice of The Economist quipped some years ago.  Moral philosophy and human psychology are outside of this newsletter’s remit. But I’ll go ahead and make the claim here that retail investors, being people, share this trait. For them, investing sustainably has been

In this article AFR-FF AF-FR VALE VALE-BR ULVR-GB Follow your favorite stocksCREATE FREE ACCOUNT As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no exception, with banks, energy producers and a host of other major

Well folks, this is it. The final entry to our “What Would Dolly Parton Do? 9 To 5 in the Climate Tech Sector” series. And this week, I wanted to sneak a peek at the other side of the startup ecosystem: venture capital (VC) firms.  As we all know by now, to make the cut,

From cutting down on shower time, driving slower and fining shopkeepers for not closing their doors, Europeans are embarking on a target of reducing energy usage in time for winter, and some citizens have taken to social media to share their experiences. For example, German Christopher Hipp offered tips on Twitter on how to defrost

Salesforce aspires to democratize the process of buying carbon credits. With a new platform scheduled to debut next month at netzero.salesforce.com, businesses will be able to buy carbon credits from a trusted partner with a third-party verification.  The Net Zero Marketplace will officially launch in October at the VERGE 22 conference in San Jose, representing

In this article SCBFY Antonio Guterres photographed in New York last September. On Tuesday, he said fossil fuel firms and their “enablers” needed to be held to account. John Minchillo | Pool | Getty Images News | Getty Images The U.N. secretary general said Tuesday that developed economies should impose an extra tax on the

Direct carbon capture is a climate solution with bipartisan support, new funding from the Inflation Reduction Act and backing from big polluters. It also aligns with America’s love of new technologies and new companies that can change the world. Of course it has its downsides: Giving those big polluters a way to keep polluting and

Reprinted from GreenBuzz, a free weekly newsletter. Subscribe here. Who’s leading on sustainability — European or U.S. companies? It’s an open question, and the answer depends largely on who you ask. While American observers generally credit the Europeans with being at the forefront of policies and action, many Europeans look west to America for leadership.

If reports are to be believed, Chinese fast-fashion behemoth Shein is trying to make amends, shifting its image to justify a steadily dropping $100 billion valuation ahead of an ambitious IPO in 2024. It’s got a lot of work to do. While the company controls most of the category at 28 percent, racking in $15.7

This article originally appeared in our Circularity Weekly newsletter. Subscribe to the newsletter here. Back in 2016, my grandmother’s charming, but outdated 1941-built home was being torn down. Making way for the modern trappings of new construction, its demolition — while distressing to my family — was not an uncommon fate. Hundreds of thousands of homes in

Biotechnology company Huue (pronounced hue) is on a mission to mimic and replicate nature’s rainbow without the use of toxic chemicals. “We wanted a name that would allow us to redefine how we think about color while being very simple,” Huue CEO Michelle Zhu told GreenBiz. “We thought Huue would put us on the path

This week’s run time is 40:05. IN REVIEW (5:30) FEATURES A legacy of green building innovation (21:25) Meet Kath Williams, an early leader at the U.S. Green Building Council and World Building Council, and a pioneer in the field of sustainable design and construction. She’s the latest in our series of interviews with the 2022

U.S. President Joe Biden walks from Marine One to the White House following a trip from Michigan, in Washington, U.S., September 14, 2022.  Tom Brenner | Reuters The Biden White House has just released its first-ever framework on what crypto regulation in the U.S. should look like — including ways in which the financial services

Former New York Giants football player and “Good Morning America” host Michael Strahan in early September launched a skincare line including beard wash, shaving products and moisturizer formulated and manufactured by Evolved By Nature, a Boston-based biotechnology startup developing petrochemical replacements formulated from natural silk protein. The development is notable as yet another example of

Jim Cramer, during Thursday’s “Monthly Meeting,” offered Club members tips to build a strong portfolio that can endure the Federal Reserve’s tempestuous battle to tamp down inflation. As the Fed struggles to stop prices from skyrocketing, they’re also worried wage inflation being fueled by the job-hopping nature of the labor market in the rush back

There’s a new alliance in town: The Energy Storage Solutions Consortium.  With founding members including Meta, REsurety, Broad Reach Power, the consortium has a vision: provide the tools needed to assess and maximize emission reductions from energy storage.  Energy storage has a starring role in our new, decarbonized future. It’s often called the “linchpin technology”

California Gov. Gavin Newsom (D) talks with reporters after a meeting with Speaker of the House Nancy Pelosi, D-Calif., in the U.S. Capitol, on Friday, July 15, 2022. Tom Williams | CQ-Roll Call, Inc via Getty Images California Gov. Gavin Newsom on Wednesday said the state avoided ordering rolling blackouts when electricity demand peaked this month

Welcome to Part 3 of our series “What Would Dolly Parton Do: 9 To 5 in the Climate Tech Sector”! This week, we’re diving into Twelve, a startup focusing on creating chemicals from air instead of fossil fuels. As I wrote this week’s newsletter, Dolly’s classic “Better Get to Livin’” kept playing on repeat in

European Commission President Ursula von der Leyen says the time is now for the bloc to impose a price cap on Russian pipeline gas. John Thys | AFP | Getty Images The European Union will launch a “deep and comprehensive reform” of the electricity market, European Commission President Ursula von der Leyen said Wednesday. In

What has the world come to when the rich, famous and aspiring youth influencer community is shamed online in the name of climate change for lavishly flying around the world on business aviation (a.k.a. private jets) — and faces backlash for taking flights only 17 minutes long or flying more than 170 times since January?

Sollina Images | Tetra Images | Getty Images Despite falling gas prices, inflation was higher than expected in August, curbing optimism for lower day-to-day expenses. But some retirees won’t feel the sting of elevated costs, experts say. Annual inflation rose by 8.3% in August, fueled by growing costs for food, shelter and medical care services,

A lot of ink (including my own) has been spilled to cover the ESG job market, and there’s no question it’s hot. One of the most significant drivers of ESG job growth is the abundance of emerging standards and measurement frameworks for reporting, disclosure, performance — you name it. Described by TSC.ai in its new

Scrutiny of corporate boardroom diversity, particularly when it comes to gender and race, has intensified over the past two years. But those aren’t the only voices deserving of more representation within the C-suites of both large and small companies.  That’s why British personal care company The Body Shop is supporting a relatively unique effort, dubbed

This article originally appeared as part of our Food Weekly newsletter. Subscribe to get sustainability food news in your inbox every Thursday. As I approach my fifth year working in Bali as an environmental journalist, I’ve encountered a diverse range of people who put their hearts and souls into leaving this island a bit better. From bird

This is an excerpt from “Rural Renaissance” by L. Michelle Moore. Copyright 2022 by the author. Reproduced by permission of Island Press, Washington, D.C. How big is the opportunity? Consider the number of passenger cars and trucks on U.S. roads. Today, there are more than 270 million vehicles, of which about 1.6 million are electric.