Tag Archives: climate

In recent weeks Democratic lawmakers have formalized just how much they want climate change to be at the center of the forthcoming multitrillion-dollar budget reconciliation package. They have formally unveiled a proposal with measures that include taxes on some imported fuels, a new federal aid program for clean-energy developers, investments in electric vehicles, and more. The key driver on the supply side – i.e., insuring there are enough solar panels and wind turbines in operation to… Source link

McDonald’s (MCD) is planning to give its iconic Happy Meal toys a major makeover, as big companies push to make their operations more environmentally friendly in the face of climate change. On Tuesday, the Golden Arches announced its plans to make every toy around the world more sustainable by 2025. In order to do so, McDonald’s is working closely with its supply chain to use renewable, recycled or certified materials.  If realized, the fast-food giant estimates it will result in a 90%… Source link

U.S. Energy Secretary Jennifer Granholm said Monday, extreme weather events this summer have elevated the urgency with which the Biden administration tackles the climate crisis. But, with less than two months to go until the UN Climate Change Conference (COP 26), she said the administration has no plans to boost its ambitions to slash greenhouse gas emissions in half from 2005 levels, by the end of this decade. “The fact that one-third of the country has experienced an extreme climate… Source link

(Bloomberg) — The sobering United Nations-backed report on global warming last week prompted a lot of hand wringing from governments and the general public about fossil fuels. The response from investors in the oil and gas industry? A big shrug. Shares of energy companies, which led the S&P 500 higher for much of the year, ended the week little changed. Oil prices rebounded from a selloff earlier in the month, despite the warnings that the world must wean itself off fossil fuels, and… Source link

This photo shows cars and homes destroyed by the Dixie Fire line central Greenville on Thursday, Aug. 5, 2021, in Plumas County, Calif. (AP Photo/Noah Berger) It’s a great paradox that the two biggest stories of our time are invisible. COVID for one. You can’t see it. And that’s what makes it difficult to convince, say, 700,000 bikers at the Sturgis Motorcycle Rally in South Dakota this week that they should socially distance, wear masks and get vaccinated. Of course, you do see COVID… Source link

A man cycles through the snow in Pristina, the capital of Kosovo. (Hazir Reka/Reuters/HR/ABP) As much of the Northern Hemisphere continues to bake in a year of unprecedented heat waves linked to climate change, one paradoxical consequence of rising global temperatures is that some areas of the world could become much colder.  A study published this month by researchers at the Potsdam Institute for Climate Impact Research found that the Atlantic meridional overturning circulation (AMOC)… Source link

The $1 trillion bipartisan infrastructure plan before Congress is inching closer to becoming law. And though the investments in climate change have been scaled back, the bill still includes more than $150 billion to boost clean energy. Milken Institute Public Finance Program Director Dan Carol tells Yahoo Finance Live that the bill is a good start, but more needs to be done in order to address America’s vast energy infrastructure needs. “I think it’s a very good down payment on climate…. Source link

CEO Sundar Pichai is stressed about Google’s plan to become carbon free over the next decade. That means the company aims to use no carbon-based energy whatsoever by 2030. “It’s a long shot, it stresses me out in terms of how to get there,” Pichai said at a virtual climate change event hosted by earth-imaging platform Planet in July. But “you bet on technology and innovation,” he said. Google has been carbon neutral since 2007, Pichai said. That means that though Google’s operations still… Source link

Elon Musk appeared to reverse his position on Tesla accepting bitcoin, as the currency heads towards a more climate-friendly future. Photo: Joe Skipper/Reuters Electric car magnate Elon Musk has said his company Tesla (TSLA) will likely start accepting bitcoin (BTC-USD) again for vehicle purchases, a U-turn on his stance on the cryptocurrency.  Justifying the move, he said on Wednesday at the B-Word conference, an event hosted by the Crypto Council for Innovation: “It looks like bitcoin is… Source link

Google’s dedicated “sustainability” landing page is where the tech giant outlines its goals to combat climate change — like being carbon free by 2030 — and shows status reports on its environmental efforts, such as making a “hyperlocal” air quality map. Combating climate change is a “foundational value” for Google and other Silicon Valley companies, Google CEO Sundar Pichai said Tuesday. But it’s also a way for tech companies to attract and keep top talent, added Pichai, who is also CEO of… Source link