This week’s run time is 57:54. WEEK IN REVIEW (6:55) FEATURES Parsing the Climate Week agenda (30:25) Helen Clarkson, CEO of The Climate Group, organizer of many Climate Week NYC events, talks about the importance of practical action and “getting things” done, as well as some unsung corporate leaders we should know more about. How
Energy
China’s pledge to stop building new coal-fired power projects overseas could improve the reputation of its massive Belt and Road Initiative, said the president of the Asian Infrastructure Investment Bank. Chinese President Xi Jinping made the pledge on coal on Tuesday at the United Nations General Assembly. He said China will support other developing countries
Reprinted from GreenFin Weekly, a free newsletter. Subscribe here. Team ESG has had a tough quarter. The sustainable investing space heard a cacophony of critiques these past months, as well as its first major investigation by the U.S. Securities and Exchange Commission. Those on the green finance frontlines have been sharing with me that the critiques
In this article ULVR-GB VOW3-DE TSLA Volvo is one of several automakers looking to change the materials used in its vehicles. Artur Widak | NurPhoto | Getty Images Volvo Cars wants all the models it sells to be leather-free by 2030, a move which represents the latest example of how automakers are looking to
When TerraCycle launched Loop — its e-commerce service featuring goods packaged in reusable containers — two years ago during the World Economic Forum in Davos, the plan was always to eventually include physical retail locations in the mix. “Our goal is [to] make reuse as big as possible,” said Tom Szaky, CEO of TerraCycle, during a
U.S. Energy Secretary Jennifer Granholm speaks about the Colonial Pipeline cyberattack shut down during a press briefing at the White House in Washington, May 11, 2021. Kevin Lamarque | Reuters Climate change became a personal event for a third of Americans this summer, Secretary of the U.S. Department of Energy Jennifer Granholm said on Wednesday.
When TerraCycle launched Loop — its e-commerce service featuring goods packaged in reusable containers — two years ago during the World Economic Forum in Davos, the plan was always to eventually include physical retail locations in the mix. “Our goal is [to] make reuse as big as possible,” said Tom Szaky, CEO of TerraCycle, during a
A woman on the bicycle rides pass the power station in Neurath, Germany. NurPhoto | NurPhoto | Getty Images LONDON — The European Union could struggle to advance its green agenda as gas prices soar across the bloc, according to experts who warn against slowing down investment into the sector. The European Commission, the executive
It’s Climate Week, a sprawling mélange of events, webinars, workshops, private dinners and other meetups — mostly virtual, but plenty of them taking place in New York City. And did I mention reports? Lots of them, last week and this. Call me jaded, but it’s hard to get overly excited about the litany of pronouncements and
In this article 9503.T-JP RDSA-GB EQNR-NO Statkraft Norway’s Statkraft said Tuesday that a long-term purchasing agreement related to a floating offshore wind farm dubbed “the world’s largest” had started, in another step forward for the energy sector. The Kincardine Offshore Windfarm is a six turbine, 50 megawatt facility located in waters off the coast of
The growing frequency and severity of extreme weather events caused by climate change is set to send property insurance prices soaring over the next 20 years, Swiss Re has warned. In a report published earlier this week, the reinsurance giant’s research unit calculated climate-related risks will drive a 22 percent increase in global property premiums,
Aman Sharma | Getty Images LONDON — Britain’s energy industry could be headed for a significant shakeup, industry insiders have warned, as countries all over Europe grapple with an unprecedented crisis in the power sector. Wholesale gas prices have spiked across the region, with the U.K. being hit particularly hard. The front-month gas price at the
Earlier this summer, a slew of headlines showered doom and gloom on clothing rental schemes, proclaiming them “the worst green option,” “worse for the planet than just throwing [clothing] away” and “no cure for fast fashion.” All this vitriol came in the wake of a Finnish report that compares the global warming potential of a
Sheep on a road in view of mobile offshore drilling units in the Port of Cromarty Firth in Cromarty, U.K., on Tuesday, June 23, 2020. Jason Alden | Bloomberg | Getty Images LONDON — Costa Rica and Demark are spearheading efforts to build the world’s first diplomatic alliance to manage the decline of oil and
A new model compost procurement policy developed by the Environmental Law Institute and NRDC could help municipalities around the country in their efforts to divert food scraps and other organic materials from their landfills and incinerators and, in so doing, realize myriad economic and environmental benefits. The model policy, which is designed to be an off-the-shelf, easily adaptable tool,
Long-duration energy storage — defined as a system that can store energy for more than 10 hours — is often called the Holy Grail of clean energy. It is the linchpin technology that will allow the economy to truly run off intermittent renewable energy sources and backup power after grid disruptions. It’s been the Next
Deforestation has been the poster child of the environmental movement for decades. For good reason, as healthy forests are of primary importance for biodiversity, climate and local livelihoods. But they’re not the only ecosystem we should be concerned about. In the U.S., temperate grasslands, savannas and shrublands, mostly found in the Great Plains, are the
In this article TSLA Smith Collection/Gado | Archive Photos | Getty Images Tesla is trying to placate some solar customers who say they faced sudden price hikes earlier this year, according to new filings with the U.S. district court in San Jose, California. In a Thursday filing, customers’ attorneys wrote, “Tesla informed counsel for Plaintiffs that Tesla had
This week’s run time is 41:38. WEEK IN REVIEW (5:00) FEATURES Corporate sustainability’s diversity challenge (24:30) New research out this week from Diversity in Sustainability offers insights into the barriers that must be addressed to attract and include more Black, Indigenous, LatinX and Asian individuals in the corporate sustainability profession. Co-founder Heather Mak weighs in.
Reprinted from GreenFin Weekly, a free e-newsletter. Sign up here. Do-goo-der (noun): An earnest, often naïve humanitarian or reformer; a person who tries to help other people but who often does it in a way that is annoying. Last week, news circulated that a number of mission-driven companies plan to launch IPOs this fall. And
In this article AIR-FR BMW-DE RR.-GB Matt Cardy | Getty Images News | Getty Images Rolls-Royce’s first all-electric aircraft has completed its maiden flight, soaring across skies in the U.K. for around 15 minutes this week. In a statement, the company said the aircraft’s trip on Wednesday marked “the beginning of an intense flight-testing phase”
In 1918, German chemists Fritz Haber and Carl Bosch created a process to produce ammonia fertilizer that was cheap and effective. It’s still the most commonly used fertilizer on fields today. Pivot Bio and its CEO, Karsten Temme, are working on changing that. The Haber-Bosch method pulls nitrogen from the air (a process called nitrogen-fixing)
This week brings part one of a two-part conclusion to my mini-series about pathways and obstacles to getting more people into electric vehicles (EVs). Learning new EV jargon, particularly related to EV charging, can be really daunting for most first-time buyers or lessees. Finding easily accessible, comprehensible information on the topic can be really difficult
European Commission President Ursula Von Der Leyen addresses European lawmakers on the inauguration of the new President of the United States. FRANCISCO SECO | AFP | Getty Images LONDON — There is a new international order, where competition is fierce and some nations “stop at nothing to gain influence,” European Commission President Ursula von der
The Biden administration has set an ambitious climate goal for America: a 50 percent decrease in greenhouse gas (GHG) emissions by 2030. To reach this goal, changing the way we move must be key since transportation is the largest contributor of GHGs in the United States. Fortunately, cities are already leading the way. My colleagues
In this article ENGI-FR This image shows Orbital Marine Power’s 2 megawatt turbine, the Orbital O2. Scottish engineering firm Orbital Marine Power is to lead a consortium focused on the commercial deployment of floating tidal energy. In a statement on Monday, the company, which has previously described its 2 megawatt O2 tidal turbine as the “world’s
Further down the road, there will be an extended and passionate debate on when, how and why humanity lost the opportunity to mitigate the expanding climate crisis. For now, it’s all hands on deck. Several recent developments illustrate the increasing dimensions of the crisis: Intensifying and widening risks: According to the sixth assessment report of