Tag: carbon
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Indian digitalisation cautioned of carbon footprint
Global digitalisation is growing, estimated to reach USD2.4 trillion by 2024 from 2019-level, but experts warned of its carbon footprint, adding that there are useful lessons for Co2-proponent in India, where going digital is in full swing. Digitalisation clearly has streamlined existing processes, transformed many industries and is widely seen as a major bridge towards…
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The startup helping P&G, Mercedes-Benz replace petrochemicals
New $57m funding round provides major boost to Twelve’s vision of ‘carbon transformation’ One of the most closely watched startups focused on creating materials and other products out of captured carbon dioxide has raised a sizable $57m Series A round of funding led by two VCs focused squarely on those value propositions, Capricorn Technology Impact…
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Tesla suspends use of bitcoin over ‘rapidly increasing use of fossil fuels’
Value of digital currency falls 17 per cent, following Tesla CEO Elon Musk finishes decision to let customers pay for its cars in bitcoin Tesla has suspended that the auto giant’s usage of bitcoin just months after announcing it would take the digital currency as payment for its own cars, citing worries over its huge…
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Bitcoin Just Got Cancelled
Elon Musk and Tesla only recently dropped Bitcoin, and rather – might move towards a more renewable neutral option, such as Dogecoin, rather – here would be the consequences of the occurring, Enjoy! Add me Instagram: GPStephan GET YOUR FREE STOCK WORTH UP TO $50 ON PUBLIC & SEE MY STOCK TRADES: http://www.public.com/graham GET UP…
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The potential for carbon-capture tech is captivating
The potential for carbon-capture tech is captivating Heather Clancy Thu, 02/04/2021 – 01:30 This week, oil giant ExxonMobil pledged $3 billion to the development of a carbon capture and storage business over the next five years — in a bid to manage its business risks associated with climate change. CEO Darren Woods noted in the company’s…
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Global Briefing: French court orders government to justify failure to deliver bolder climate plan
French legal rulings, Indonesian forest protection efforts, and plans to make Australia a renewables superpower, all feature in this week’s green business round-up from around the world Court gives French government three months to explain why climate plan is not in line with emissions goals France has this week become the latest country where climate…
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Honda to quit F1 to focus on transition to full electrification
Move aligns with Honda’s dedication to attaining full electrification around Europe by 2025 Honda has revved up its dedication to a carbon neutral potential by announcing it’s going to leave Formula 1 until 2022, citing the need to quicken the auto industry’s movement away from the internal combustion engine (ICE). The move aligns with the…
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Global Briefing: General Motors powers up $20bn EV investment plan
Plus all of the Top Rated business news from around the world ‘All in’: GM unveils fast-expanding EV fleet US car giant General Motors (GM) this week given a broad upgrade on its challenging electric vehicle (EV) plan, equaling to invest more than $20bn through to 2025 on its own next production all-electric and autonomous…
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Carbon Clean 200: Greener businesses rule, conclude investment analysts
Investment returns on firms driving the transition to a green market are readily outstripping those of their fossil fuel opponents, new analysis suggests, adding to mounting evidence of a hastening investor switch away from carbon intensive assets. A group of 200 publicly traded’carbon clean’ companies has outperformed its fossil fuel counterpart by a factor of…
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Yes, Reversing the Climate Crisis Will Be Profitable
Ibrahim AlHusseini, the creator and CEO of the investment company FullCycle Energy Fund, which aims to scout and back those companies most likely to address the climate crisis, never thought his career will take an ecological turn. The Palestinian-American businessman–an early investor in Tesla and also Uber–grew up as a refugee from Saudi Arabia. But after…