Energy

U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob Pinney | Getty Images News | Getty Images LONDON — The new U.K. government announced a sweeping program of tax cuts and investment incentives Friday, as Prime Minister Liz Truss seeks to boost the country’s

Hello from Climate Week in New York City. It’s that time of year when the climate world descends on the Big Apple to work on climate policy, celebrate progress and freak each other out with how much work is left to do.  Per usual, a slew of news is coming out from the 100-plus events

U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to the media after the 51-50 vote passed the “Inflation Reduction Act of 2022” on Capitol Hill in Washington, D.C., U.S. August 7, 2022.  Ken Cedeno | Reuters The Senate has voted to ratify a global climate treaty that will phase down the use and production of hydrofluorocarbons,

The global chemicals industry has a huge opportunity to transform itself from a major polluter into a “planet-positive force” that could drive decarbonization across the wider economy over the coming decades, while doubling in size and creating 29 million new jobs in the process. That is the upbeat conclusion of a major new report early

In this article AFR-FF AF-FR VALE VALE-BR ULVR-GB Follow your favorite stocksCREATE FREE ACCOUNT As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no exception, with banks, energy producers and a host of other major

Well folks, this is it. The final entry to our “What Would Dolly Parton Do? 9 To 5 in the Climate Tech Sector” series. And this week, I wanted to sneak a peek at the other side of the startup ecosystem: venture capital (VC) firms.  As we all know by now, to make the cut,

Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia’s war in Ukraine. Picture Alliance | Picture Alliance | Getty Images The German government on Wednesday agreed to the nationalization of utility Uniper as it strives to keep the industry afloat in the

Salesforce aspires to democratize the process of buying carbon credits. With a new platform scheduled to debut next month at netzero.salesforce.com, businesses will be able to buy carbon credits from a trusted partner with a third-party verification.  The Net Zero Marketplace will officially launch in October at the VERGE 22 conference in San Jose, representing

In this article SCBFY Antonio Guterres photographed in New York last September. On Tuesday, he said fossil fuel firms and their “enablers” needed to be held to account. John Minchillo | Pool | Getty Images News | Getty Images The U.N. secretary general said Tuesday that developed economies should impose an extra tax on the

A major polling exercise has revealed widespread skepticism among consumers towards corporations’ sustainability programs, as well as concern over whether products marketed as environmentally sustainable are guilty of “greenwash.” Interviews with 19,000 people in eight countries found that 70 percent of people are disillusioned about corporate progress towards sustainability goals and suspicious of potential greenwashing

Reprinted from GreenBuzz, a free weekly newsletter. Subscribe here. Who’s leading on sustainability — European or U.S. companies? It’s an open question, and the answer depends largely on who you ask. While American observers generally credit the Europeans with being at the forefront of policies and action, many Europeans look west to America for leadership.

If reports are to be believed, Chinese fast-fashion behemoth Shein is trying to make amends, shifting its image to justify a steadily dropping $100 billion valuation ahead of an ambitious IPO in 2024. It’s got a lot of work to do. While the company controls most of the category at 28 percent, racking in $15.7

This article originally appeared in our Circularity Weekly newsletter. Subscribe to the newsletter here. Back in 2016, my grandmother’s charming, but outdated 1941-built home was being torn down. Making way for the modern trappings of new construction, its demolition — while distressing to my family — was not an uncommon fate. Hundreds of thousands of homes in

Biotechnology company Huue (pronounced hue) is on a mission to mimic and replicate nature’s rainbow without the use of toxic chemicals. “We wanted a name that would allow us to redefine how we think about color while being very simple,” Huue CEO Michelle Zhu told GreenBiz. “We thought Huue would put us on the path

This week’s run time is 40:05. IN REVIEW (5:30) FEATURES A legacy of green building innovation (21:25) Meet Kath Williams, an early leader at the U.S. Green Building Council and World Building Council, and a pioneer in the field of sustainable design and construction. She’s the latest in our series of interviews with the 2022

The Block Island Wind Farm, photographed in 2016, is located in waters off the east coast of the United States. DON EMMERT | AFP | Getty Images The White House said Thursday it was targeting 15 gigawatts of floating offshore wind capacity by the year 2035, as it looks to compete with Europe and Asia

Former New York Giants football player and “Good Morning America” host Michael Strahan in early September launched a skincare line including beard wash, shaving products and moisturizer formulated and manufactured by Evolved By Nature, a Boston-based biotechnology startup developing petrochemical replacements formulated from natural silk protein. The development is notable as yet another example of

Jim Cramer, during Thursday’s “Monthly Meeting,” offered Club members tips to build a strong portfolio that can endure the Federal Reserve’s tempestuous battle to tamp down inflation. As the Fed struggles to stop prices from skyrocketing, they’re also worried wage inflation being fueled by the job-hopping nature of the labor market in the rush back