In a significant development, CalPERS, the biggest U.S. public pension fund, said it will vote for a shareholder proposal to replace Warren Buffett as Berkshire Hathaway Inc’s chairman; he will however continue to remain as its CEO. In a regulatory… Read More ›
greenhouse gases
Countries plan to build more cheap dirty climate change causing coal plants
While the pledge to phase out coal gained the support of 23 more countries at the U.N. climate conference in Glasgow, big users of coal, the dirtiest of fuels, shunned the move. The COP26 summit aims to find ways to… Read More ›
Joby Aviation, Signature Flight Support and JetBlue Airways Corp team up to develop aviation carbon credits
In a statement electric air taxi startup Joby Aviation, Signature Flight Support and JetBlue Airways Corp said, they are partnering to develop aviation carbon credits for using electric and hydrogen propulsion technologies. The move, aligned with the U.S. aviation industry’s… Read More ›
Britain must stop funding fossil fuel projects abroad: lawmakers
Not only is such funding not aligned with Britain’s efforts to reduce greenhouse gases and carries risks for taxpayers but also as a result of stricter emission reduction targets, and as renewable energy becomes cheaper, companies could be left with… Read More ›
White House proposal has significant budgetary cuts for ongoing environment and climate change programs
The Trump Administration aims to squeeze funds from climate change and environmental programs to direct them to fortifying the military. According to a person with direct knowledge of the proposal, the White House is proposing a significant cut, by as… Read More ›