Shoe recycling factory processing shoes 100% into raw materials plastics, rubber, textile and foam … [+] on April 13, 2022 in Wieringerwerf, Netherlands. Getty Images This week, Inditex followed...
Tag: Climate
ECB Official said Banning Bitcoin and imposing Carbon Taxes On crypto Transaction due to Climate Change
ECB Official to Ban of Bitcoin and impose Carbon taxes on crypto transactions According to the latest reports of the European Central Bank (ECB), if variation in climate is found, Carbon taxes will be...
GM, EVgo and Pilot Company to build network of U.S. highway EV chargers
General Motors is building out a new network of EV fast chargers in partnership with Pilot Co., owner of the Pilot and Flying J highway travel centers, and EV charging network EVgo. The companies will...
Senator Tom Cotton blasts BlackRock for creating a ‘climate cartel’
BlackRock Inc (NYSE: BLK) is in focus on Thursday after Senator Tom Cotton blasted the world’s largest asset manager for creating a “climate cartel”. Highlights from Sen Cotton’s interview on CNBC “Pa...
Hyundai unveils unique Ioniq 6 EV, an ‘electrified streamliner’
The newest electric vehicle from Hyundai Motor is a sedan with a unique bubbly design. The South Korean automaker unveiled the Ioniq 6 Wednesday night as an “electrified streamliner,” a no...
Climate Change To Force Bitcoin Ban and Carbon Taxes on Crypto Transactions, Says ECB Official
A new report from the European Central Bank (ECB) finds that climate change may force carbon taxes on crypto transactions as well as a ban on mining proof-of-work assets like Bitcoin (BTC). The report...
Polestar confirms it’s on track to meet 2022 deliveries guidance
Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Jill Connelly | Bloomberg | Getty Images Swedish electric vehicle ...
ECB Says Bitcoin Ban “Probable” Due to Climate Concerns
Key Takeaways The European Central Bank has come down hard on Proof-of-Work blockchains in a new research article. The research article compares Proof-of-Work algorithms to fossil fuel cars while like...
U.S. emissions caused $1.8 trillion in global economic losses: study
An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The U.S. and China, the world’s two greate...
Canoo Walmart deal for 4,500 vans sends EV stock jumping
Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles to be Used for Last Mile Deliveries in Support of Its Growing eCommerce Business Courtesy: Canoo | Walmart Electric vehicle startup Canoo sai...
Norwegian oil giant Equinor to buy U.S.-based energy storage firm
Although it is involved in renewable energy projects, Equinor is a major producer of fossil fuels. The Norwegian state has a 67% holding in the company. Hakon Mosvold Larsen | Afp | Getty Images Norwa...
Electric vehicle startup Lordstown Motors names new CEO following Foxconn deal
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Electric vehicle startup Lordstown Motors said Tuesday that i...
ERCOT tells Texans to curb power use as extreme heat strains the grid
A transmission tower is seen on July 11, 2022 in Houston, Texas. ERCOT (Electric Reliability Council of Texas) is urging Texans to voluntarily conserve power today, due to extreme heat potentially cau...
Rivian planning layoffs that could target about 5% of staff, report says
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automo...
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate – Mining Bitcoin News
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science ...
ECB stress test shows most banks don’t include climate risk in credit models
Environmental protesters take to the streets during a demonstration by Fridays for Future in the financial district of Frankfurt, Germany, in August last year. Bloomberg | Bloomberg | Getty Images The...
EV Adoption And Clean Energy
The White House set the course for America to achieve net-zero greenhouse gas (GHG) emissions by 2050. Widespread electric vehicle (EV) adoption will play a starring role. The challenge: the United St...
HSBC Bank Exec Who Downplayed Climate Change Quits—Blames ‘Cancel Culture’
Topline An HSBC senior executive who was suspended after he publicly downplayed climate change and said the risk it poses to the market had been greatly exaggerated announced Thursday he resigned from...
What Do You Save With Electric Vehicles During High Gas Prices?
I often Tweet or write about the inevitability of the transition to electric vehicles (EVs). Every time I do, the inevitable (and often) angry responses are predictable: Too expensive. The infrastruct...
Volkswagen CEO says EV outlook is very good
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 t...
Shell to build ‘Europe’s largest renewable hydrogen plant’
On Wednesday, Shell said the Holland Hydrogen I facility would be “Europe’s largest renewable hydrogen plant” when operations start in 2025. Shell is one of several big firms looking...
Rivian says it’s still on track to build 25,000 EVs in 2022
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric-vehicle startup Rivian Automotive said it produced more t...
Toyota joins Tesla and GM in phaseout of federal electric vehicle tax credits
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phaseout ...
VW and Goldman-backed Northvolt gets $1.1 billion funding
Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline. Mikael Sjoberg | Bloomberg | Getty...
Trump-era changes to Endangered Species Act thrown out by judge
A Mexican gray wolf leaves cover at the Sevilleta National Wildlife Refuge, Socorro County, N.M. Jim Clark | U.S. Fish and Wildlife Service via AP A California federal judge on Tuesday threw out Trump...
Italy declared a state of emergency because of drought in the Po River
This picture taken on July 2, 2022 in Rome shows the low water level of the river Tiber near the Vittorio Emanuele II bridge, revealing an ancient bridge built under Roman Emperor Nero (Bottom). Andre...
The world’s most powerful tidal turbine just got a major funding boost
Orbital Marine Power’s O2 turbine at the Orkney Islands, north of the Scottish mainland, in September 2021. Scotland has become a hub for companies and projects focused on tidal power and marine...
BTC/USD Bears Control Short-Term Risk Climate: Sally Ho’s Technical Analysis 5 July 2022 BTC
Bitcoin (BTC/USD) continued to focus on some important price objectives early in the Asian session as traders remains reluctant to add a significant amount of long market risk following several weeks ...
Supreme Court Limits EPA, Nikola Founder Nixes Share Increases And How Climate Change Hurts Harvests
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images On Thursday, the Supreme Cou...
Biden Interior Dept offers option for new oil leases in Gulf of Mexico
An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013. Steve Nesius | Reuters The Biden administration rel...