Heading into the peak summer driving season, which kicks off on Memorial Day weekend, gasoline prices show no signs of slowing down. The national average for unleaded gas hit a new high of $4.59 per gallon Wednesday, with all 50 states above $4 per gallon, AAA data shows. Gas prices are now $1.56 more than
Energy
This article originally appeared as part of our Food Weekly newsletter. Subscribe to get sustainability food news in your inbox every Thursday. As more alternative protein companies make their way onto supermarket shelves and restaurant menus, their business models and impact promises face increasing criticism. Skeptics question how healthy plant-based burgers, sausages and milks are, what the
Sunak previously described the idea of a windfall tax on oil and gas majors as “superficially appealing” but a decision that would ultimately deter investment. Jonathan Brady – Pa Images | Pa Images | Getty Images LONDON — U.K. Finance Minister Rishi Sunak has imposed a windfall tax on oil and gas majors as the
Every year, an estimated one-third of all food produced in the world — about 1.3 billion tons — is lost or wasted. The emissions related to food waste are equivalent to an estimated 3.3. billion tons of CO2, making food waste the third largest driver of greenhouse gas emissions. Startup Choco, on the heels of
WASHINGTON — The U.S. has dropped the ball on crypto regulation, according to Securities and Exchange Commissioner Hester Peirce, and she says the knock-on effects of that failure keep her up at night. “There’s a lot of fraud in this space, because it’s the hot area of the moment,” Peirce told CNBC on the sidelines
The push to support adoption of emerging carbon dioxide removal (CDR) techniques got a big nudge forward this week with the launch of new purchasing pledges by big corporate buyers. The explicit announcements include a $500 million commitment by Alphabet, Microsoft and Salesforce to support CO2 removal projects, along with the launch of a new
In this article SHEL-GB Shell officially changed its name on Friday, ditching “Royal Dutch”, which has been part of its identity since 1907. Rick Wilking | Reuters At 8:27 a.m. on Monday morning, May 23, Caroline Dennett emailed 1,400 executives at the oil and gas conglomerate, Shell, to announce her resignation after 11 years working
Increasingly, headlines across the internet read, “(Insert automotive company) sells out of EVs for 2022 in the United States.” Automotive companies including Volkswagen Group, Ford, Mercedes and even Tesla are struggling to meet customer demand given ongoing supply chain issues, battery availability, chip shortages and increased interest in EVs exacerbated by rising gasoline prices. This
Spanish Prime Minister Pedro Sanchez has said his country — and southern Europe more broadly — could provide an answer to the shortfall in gas supplies from Russia as the region looks to double down on sanctions against Moscow. “Spain and, I would say, Southern Europe, will have a chance to provide an answer to this
Failure is a part of life and also a part of business, and especially as we make the shift to sustainable businesses. But we can’t be afraid to talk about them. Last week at Circularity 22 in Atlanta, GreenBiz co-founder Joel Makower challenged three high-profile businesses to walk us through their biggest mistakes. The transformation
Naftogaz CEO Yuriy Vitrenko says OPEC is on the wrong side of history in choosing to stick with Russia. Future Publishing | Future Publishing | Getty Images The chief executive of Ukrainian state energy giant Naftogaz says oil producer group OPEC is on the wrong side of history in choosing to stick with Russia to
Last week, Dow Jones Indices, a unit of S&P Global, removed the electric car maker Tesla from its S&P 500 ESG Index, part of an annual rebalancing of stocks that most indices undertake to maintain a desired diversity and weighting of its portfolio. “While Tesla may be playing its part in taking fuel-powered cars off
Why would a chemist make a hazardous material in the first place? That question has led John Warner on his crusade to change the field of chemistry. For four decades, Warner has been inventing molecules, collecting hundreds of patents and advocating for designing chemicals and products that don’t hurt the health of people and the
This is an excerpt from “Climatenomics: Washington, Wall Street, and the Economic Battle to Save Our Planet” (Rowman & Littlefield, 2022). Reprinted by permission of the publisher. While government policies and leadership from Washington can help accelerate change, there’s another place that can accelerate change much faster: Silicon Valley. In 2003, as a national technology
“We don’t have time to waste.” With this imperative tagline, American retail giant Walmart launched its Circular Connector this spring. The goal: to accelerate innovation in the field of sustainable and circular packaging, creating a bridge between companies looking for packaging that has less impact on the environment and those with new solutions to offer.
The current oil crisis isn’t like previous ones — and consumers will have to bear the brunt of it even as they grapple with rising inflation, Angela Wilkinson from the World Energy Council told CNBC. “I think this is a first global energy shock, this isn’t the same as the 1970s crisis, oil shock crisis.
On GreenBiz Group’s Circularity 22 main stage this week in Atlanta, GA, four startups from across the circular economy landscape competed for the sold-out crowd’s votes to win Accelerate, the annual fast-pitch competition. Two industry experts, Francesca Whitehead, investor at G2VP, and April Crow, vice president at Circulate Capital, also provided insights and commentary on
In this article .FKRX300 VOW3-DE BMW-DE 7203.T-JP RNO-FR Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. Benjamin Girette | Bloomberg | Getty Images Renault has released details of an electric-hydrogen hybrid concept
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