On Wednesday, two people with knowledge of the matter at hand said, China plans on hosting a launching ceremony for its national carbon emission trading scheme (ETS) on July 16. The ETS will involve some 2,225 power plants across China,… Read More ›
Sustainability
WHO Call Mix And Match Of Covid-19 Vaccines A ‘Dangerous Trend’
The World Health Organization has advised [people against using a mix and match of Covid-19 vaccines manufactured by different companies and termed the tendency to be a “dangerous trend” because of the unavailability of data about the impact of such… Read More ›
Spain invests $5.11 billion towards manufacturing of electric vehicles
According to a presentation by the Spanish government, Madrid is set to invest $5.11 billion (4.3 billion euros) in the production of electric vehicles as part of a major national spending program financed mostly by European Union recovery funds. The… Read More ›
Deal To Tax Multinational Companies Endorsed By G20 Finance Ministers
A plan to force multinational companies to cough up their “fair share” of taxes in countries all around the world was endorsed by the finance ministers of G20 countries. This plan which is aimed at preventing large multinationals to avoid… Read More ›
Market hasn’t factored longterm climate risks: Invesco survey
According to the results of a survey by Invesco, nearly a third of sovereign wealth funds and central banks have raised their focus on environmental, social and governance issues over the past year with the coronavirus-induced COVID-19 pandemic highlighting issues… Read More ›
Large insurance and reinsurance companies launch alliance towards net-zero emissions economy
In a significant development, 8 of the world’s top insurance and reinsurance companies, including Europe’s top three insurers by premiums, Allianz, AXA and Generali, have launched a partnership to help speed up the transition towards a net zero emissions economy…. Read More ›
More Record High Temperatures Forecast For Western US
Western United States is predicted to experience record-breaking temperatures – especially in the states of California and Nevada, as extreme heat conditions is building up. This forecast follows another dangerous heat wave North America just a few weeks ago with… Read More ›
BP’s 2020 Review Shows Surge In Renewables
The annual energy review by BP showed that in 2020, there was rapid expansion of wind and solar power capacity while there was a significant drop in global energy demand because of the Covid-19 pandemic. However, BP also noted in… Read More ›
Investments Of $593 Million For Charging Network In Europe For Long-Haul Trucks Planned By Transport Giants
A European charging network for “battery electric heavy-duty long-haul trucks and coaches” will be developed jointly by three major transportation firms. Volvo, Daimler Truck and the Traton Group have signed a non-binding agreement for the installation and operation of the… Read More ›
IMF Urges G20 Countries To Pave The Way To Donate Reserves To Poor Countries
The G20 countries should decide on how they want the richer countries to contribute some $100 billion worth of newly issued IMF reserves to poorer countries, the International Monetary Fund has said. The goal of the IMF was to be… Read More ›
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