With a prime minister eager to draw in foreign capital, Nissan announced on Friday that it would invest 1.12 billion pounds ($1.4 billion) in its British plant to produce electric versions of two models. This news would come as a… Read More ›
Sustainability
At COP28, US And France Want To Forbid Private Financing Of Coal-Fired Power Facilities: Reuters
Three sources involved with the discussions told Reuters in India and Europe that France, supported by the United States, intends to seek a halt to private funding for coal-based power facilities during the U.N. climate conference later this month. India… Read More ›
Auto Manufacturers And Suppliers Pushing For EVs To Have Less Rare Earth Metals
An increasing number of automakers and suppliers are developing electric vehicle (EV) motors that either significantly limit the use of materials dominated by China, or do not contain rare earths. A list of some of the goods that suppliers and… Read More ›
Delegates To A UN Conference On A Global Plastic Accord To Debate Production Caps
Government representatives are preparing for difficult negotiations over whether to restrict the quantity of plastic generated or simply to concentrate on waste management as the world’s governments begin another round of talks this week on drafting the first-ever convention to… Read More ›
Groups And The COP28 Head Advocate Tripling The Capacity For Renewable Energy By 2030
As part of attempts to prevent global warming from rising above 1.5 degrees Celsius, the president of the COP28 climate summit next month and two organisations dedicated to renewable energy urged states on Monday to treble the capacity of renewable… Read More ›
China’s Restrictions On Graphite Will Expedite Preparations For Substitutes
Industry executives and analysts warned that China’s decision to stop exporting graphite, a crucial component for electric car batteries, on Friday will only speed up attempts to find alternate sources and materials, but that process will take time. As on… Read More ›
Gene Editing Provides Some Avian Flu Protection For Chickens, According To A Study
By modifying their genomes, British scientists have discovered they may partially shield chickens from bird flu infections. This discovery suggests a new potential tactic to stop the spread of the deadly virus. Since 2022, highly pathogenic avian influenza, sometimes known… Read More ›
‘Beanless Coffee’ Is Produced By A Seattle-Based Firm To Help Fight Deforestation
This week, a Seattle-based firm working with some of the same investors as Beyond Meat will introduce the first beanless coffee in an effort to lessen the popular beverage’s environmental effect. Investors have spent $51.6 million into Atomo Coffee in… Read More ›
Aiming For A $10 Billion Valuation, Birkenstock Moves Closer To Wall Street
In its much awaited U.S. initial public offering (IPO), Birkenstock, the German premium footwear company backed by private equity firm L Catterton, has set a fully diluted valuation goal of approximately $10 billion. According to a filing with the U.S…. Read More ›
Despite A Decrease In September Sales, H&M Reports Strong Profits
Despite blaming abnormally hot weather in many of its European regions for delaying the autumn shopping season, apparel giant H&M announced a pick-up in quarterly profit margins on Wednesday, increasing optimism about its turnaround efforts. Inditex, the company that owns… Read More ›