Energy

Celsius filing for bankruptcy this week surprised virtually no one. Once a platform freezes customer assets, it’s typically all over. But just because the fall of this embattled crypto lender didn’t come as a shock, doesn’t mean it wasn’t a really big deal for the industry. In October 2021, CEO Alex Mashinsky said the crypto

Food waste is a mounting problem globally. About a third of the world’s food is wasted or lost, according to the WWF, with huge impacts for people, the planet and the economy. More than 800 million people go to bed hungry every night, according to the United Nations World Food Program. And the 931 million tonnes

This article was originally published on World Resources Institute. Read it here. Electric vehicles (EVs) are on the rise in the United States. The Biden administration aims for 50 percent of new light-duty vehicle sales to be zero-emission by 2030. Some states have even more ambitious targets, such as California, Massachusetts and New York, which

The best way to stabilize oil prices is to boost supply, and alternatives to Russian oil are available to the world, said Mathias Corman, the secretary-general of the Organization for Economic Cooperation and Development. Speaking to “Squawk Box Asia” on Friday from the Group of 20 meeting of financial leaders in Bali, Indonesia, Cormann said

Happy Friday! How often do you sit in bed and think, “I wish I had a book to read that focuses on climate tech”? More times than you can count? Well, color me surprised. Me, too! And then, after that first thought, do you search for a climate tech-specific novel and discover that they are

Sunrun installer putting up solar electric panels on a residential rooftop in California. Source: Sunrun Solar stocks tumbled Friday after Senator Joe Manchin said he will not support increased spending to address climate change, according to NBC News, citing a Democrat briefed on the conversations. The Invesco Solar ETF, which tracks the industry, was down

This week’s run time is 52:53. WEEK IN REVIEW (2:50) FEATURES Boris Johnson’s climate legacy (16:00) James Murray, editor in chief of U.K. media organization BusinessGreen, reflects on the beleaguered prime minister’s progress on addressing climate change — much to the surprise of many critics. “On net zero and climate, he was really a strong

A pumpjack pumps oil in the Inglewood Oil Field as seen from the Kenneth Hahn State Recreation Area on July 13, 2022 in Los Angeles, California. – US consumer price inflation surged 9.1 percent over the past 12 months to June, the fastest increase since November 1981, according to government data released on July 13.

Despite their role in promoting sustainable development in the built environment, microgrids have traditionally been powered by fossil fuels — primarily natural gas. However, improved microgrid technology, along with a steady trend in cost reductions, are inspiring an increased adaptation of renewable energy sources for microgrids. Today’s microgrids incorporate a more diverse assortment of largely

BALI, Indonesia — U.S. Treasury Secretary Janet Yellen has warned that inflation in the U.S. is “unacceptably high” and said bringing down rising prices will be Washington’s “top priority.”  Data released on Wednesday showed U.S. consumer inflation rose to 9.1%, the highest level since 1981.  “We’re first and foremost supportive of the Fed’s efforts; what

“If you build it, they will buy,” Joanna Klitzke, strategy and operations lead for Frontier, told me, citing her company’s slightly altered “Field of Dreams” inspired mantra. The “it” in this case doesn’t refer to a sports-themed haven for ghosts but rather an “advance market commitment” (AMC) for direct carbon capture launched in April by

Getty Images Inflation has continued to rise, but some retirees won’t feel the brunt of many soaring costs, experts say. Annual inflation jumped by 9.1% in June, growing at the fastest pace since late 1981, the U.S. Department of Labor reported on Wednesday. Higher prices have many worried, even those earning six figures. Some 65%

Reprinted from GreenFin Weekly, a free newsletter. Subscribe here. As companies map out how to reduce their environmental footprint and improve the lives of their employees and communities, one of the biggest challenges they face is their supply chain. For example, Carbon Trust research shows that Scope 3 or indirect emissions represent between 65 percent

A federal judge in a New York bankruptcy court has frozen the remaining assets of crypto hedge fund Three Arrows Capital following the firm’s rapid fall from prominence. The fund, founded nearly a decade ago, managed $10 billion in assets just a few months ago. Now, its two co-founders are in hiding from angry creditors,

New York state is going all-in on clean energy and electrification — on paper anyway — but meeting the state’s ambitious climate targets won’t be an easy task in the city that never sleeps. With an electric grid that serves more than 8 million people and little vacant land to spare, transitioning New York City

People photographed in Bengaluru, Karnataka, India. According to the UN, India is home to over 1.4 billion people. Peter Adams | Stone | Getty Images India is on track to overtake China as the planet’s most populous country next year, according to a U.N. report published on Monday. The report, from the population division of

With about $4 trillion in assets under management, Boston-based State Street is among the world’s three largest financial services providers to institutional investors — and the second-oldest continually operating bank in the United States. Like many leading asset managers, State Street has embraced a public commitment to invest its portfolio in financial instruments — from

We’re buying 15 shares of Pioneer Natural Resources (PXD) at roughly $215.25 each. Following Monday’s trade, the portfolio will own 205 shares of PXD – increasing its weighting to 1.57% from 1.45%. We are stepping Monday to take advantage of the recent decline in Pioneer Natural Resources. We do not believe the move reflects the

Reprinted from GreenBuzz, a free weekly newsletter. Subscribe here. Remember the Sustainable Development Goals? It’s not a facetious question. Amid all the other corporate sustainability priorities of the past few years — net zero, ESG, the circular economy, social justice, resource constraints and all the rest — not to mention a seemingly never-ending drumbeat of

An Indian Oil Petrol Pump employee is seen wearing a face shield, as he fuels a customer’s vehicle in an open Petrol Retail Outlet of Kolkata during the Covid-19 pandemic. Avishek Das | SOPA Images | LightRocket via Getty Images Despite criticism from the West, India is not backing down on its commitment to buying

“Life isn’t about finding yourself, it’s about creating yourself.” Originally attributed to playwright George Bernard Shaw, these words of inspiration were at the heart of an acceptance speech this spring during the 2022 Women in Sustainability Leadership awards, convened by the WSLA Alumnae Group.  Recalling the example of her entrepreneurial grandparents, award recipient Cindy Wallis-Lage,

01 July 2022, Saxony, Lippendorf: A solar park borders directly on the site of the Lippendorf lignite-fired power plant. After more than 20 years, the so-called EEG surcharge, which customers pay via their electricity bill, will no longer apply. It currently still amounts to 3.72 cents per kilowatt hour. Experts do not expect electricity prices

This second quarter of 2022 saw a slowdown in career transitions in the business-sustainability world compared to the shuffling that happened earlier in the year. ESG roles became popular among investment firms and banks as green finance continued to take off, and circular economy companies started bulking up on talent as well.  Notable moves  Yalmaz

In this article TSLA F GM VOW-DE VOW3-DE An ID. Buzz photographed at a plant in Hanover, Germany, on June 16, 2022. Supply chain constraints — including those related to semiconductors — have been a major challenge for automakers in recent times. Ole Spata | Picture Alliance | Getty Images The CEO of German automotive

Net-zero commitments from financial entities and corporations have been on the rise in recent years, but ambitious promises require equally ambitious action. Institutions committed to net-zero goals have “signed up for a lot,” according to Mark Carney, the United Nations Special Envoy on Climate Action and Finance, who spoke last week during a GreenFin 22

Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar, the Singapore Retailers Association said.  Cost pressure is a big concern for many Singapore retailers which have not completely passed on price increases to consumers, and are currently feeling the “margin squeeze,” Ernie Koh, the association’s president told CNBC’s

Date/Time: July 28, 2022 (1-2PM ET / 10-11AM PT) As companies pledge to improve on ESG goals, it’s time for leaders to show progress toward those goals. ESG leaders can find powerful allies in their finance teams for building investor-trusted, audit-ready reports that show stakeholders not just what your environmental, social, and governance goals are,

Mohammad Sanusi Barkindo, secretary general of the Organization of Petroleum Exporting Countries. Aaron M. Sprecher | Bloomberg | Getty Images Mohammad Barkindo, a Nigerian politician and the secretary general of oil group OPEC, has died at the age of 63. The head of Nigeria’s National Petroleum Corporation, Mele Kyari, announced the news in a tweet Wednesday, which was confirmed by two sources at OPEC. “We lost our esteemed Dr Muhammad Sanusi Barkindo,” a tweet early Wednesday morning from his verified Twitter handle read. “He died at about

WorkingNation’s Green Jobs Now series is looking at green jobs opportunities and the skills needed to get those jobs across the country with a series of state-by-state reports and is republished with permission. This week: Iowa.  “Climate change isn’t going away,” said Charlie Wishman, president of the Iowa Federation of Labor, AFL-CIO. Throughout the Hawkeye