As of this week, Deutsche Bank will no longer offer new financing for coal mining or coal-fired power plant projects. The move comes at a time when big banks are under increasing pressure to divest from fossil fuels, particularly controversial projects such as the Keystone XL and Dakota Access pipelines.
Author: Leon Kaye
The double-whammy of falling of electric vehicle costs, plus rapidly falling solar power prices, could slow the world’s demand for both oil and coal after 2020, according to a study released today by CarbonTracker.
A bill submitted last week by Rep. Jason Chaffetz of Utah is angering hunters, anglers and local communities. The proposed law would allow at least 3.4 million acres of public lands to be sold at a “fair market value” in order to reduce the federal government’s debt.
Of the over 26 gigawatts of new energy capacity added in the U.S. last year, the vast majority came from renewables, according to the Federal Energy Regulatory Commission.
Protests sparked at airports across the country over the weekend, as thousands showed up to oppose President Trump’s controversial travel ban. In the aftermath, Lyft appeared to stand tall as it opposed the executive order, while Uber suffered a backlash. It all dates back to an ill-timed tweet on Saturday.
Will the smart cities of the future float? One California nonprofit partnering with French Polynesia says such communities could soon be the reality. But critics question the motive behind the development of offshore cities, fearing they could become tax havens for the rich.
As part of a growing national backlash, Airbnb promised free housing to refugees and citizens who have been detained within the U.S. or were denied boarding onto American-bound airplanes abroad.
The World Bank says it wants to help developing countries mitigate climate change. But researchers from one NGO say the global financial lender funds far more fossil fuel projects than clean-energy initiatives in some of these nations.
Last week Ikea purchased its second wind farm in Alberta, Canada. The move brings the furniture and households retailer closer to its ultimate goal of energy independence by 2020.
The cost of utility-scale solar power has plunged to the Obama administration’s $1 a watt goal — and three years early at that. Now, a 2011 initiative that was once seen as more aspirational than realistic has the possibility to transform the nation’s energy portfolio.
A new CDP report reveals that emission reductions led to a combined $12.4 billion in cost savings for its supply chain member companies last year.
“For too long, companies that produce and use palm oil have gotten away with paper commitments that they are repeatedly found violating,” one NGO leader told TriplePundit. A new set of standards aims to change that.
The political and economic chaos in Brazil threatens much of the progress the country has made since the turn of the century, including reforms that fight modern slavery. To gain some perspective on how Brazil’s struggles have affected workers’ and human rights, TriplePundit spoke with Mércia Silva, executive director of the NGO InPacto (Nation Pact Against Slavery).
The industrialization of the kibbutzim has been one of the triggers behind Israel’s spectacular growth, but many old-timers have lamented the shift from idealism to pragmatic capitalism. But a slow shift is underway as more Israelis are considering moving back to these communities.