On Tuesday, Volkswagen reached a record settlement to pay up to $14.7 billion as a result of its “dieselgate” emissions scandal. Individual owners will receive $5,100-$10,000 in cash payments along with a fix or a buy-back. Is it enough?
Rough waters are far from over for German carmaker Volkswagen. This week, angry shareholders called for board resignations, while the German regulatory agency BaFin announced further investigations. And there may be even more independent probes to come.
Ford’s 2015 sustainability report is a candid summary of where the automaker is today and its goals for the future of sustainable transportation. Executive Chairman William Clay Ford summarizes the challenge as “reinventing this company to make it incredibly relevant for the next 50 years.”
Electric-scooter sharing service Scoot Networks plans to bring hundreds of new, American-made machines to the streets of San Francisco. 3p’s Phil Covington spoke with Scoot’s CEO about the expansion plan, and took a ride on one of the shiny new scooters.
The United Steelworkers union and Sierra Club joined forces on an international trade and infrastructure plan they hope will become central to the Democratic platform.
Mitsubishi estimates that the total cost of refunds to car owners in Japan who were affected by the automaker’s mileage scandal will soar as high as $600 million.
As the most recent monthly report from the U.S. EIA reveals, transportation-related emissions surpassed those from the power sector during the first two months of this year.
On June 7, a truck plowed into a group of nine cyclists as they rode out of downtown Kalamazoo, Michigan, killing five and injuring four in possibly the worst bike-car collision in U.S. history. This tragedy highlights many Americans’ concerns about safety while riding.
In May, a wildfire in northern Alberta, Canada, forced oil companies to halt extraction operations and evacuate some 8,000 workers from the oil sands. Now, one of Western Canada’s largest gas distributors is feeling the pinch. And so are tourists and residents, as Petro Canada shuts off its pumps.
SPECIAL SERIES: Sustainable Innovation: The Patience to Get it Right
Increased air travel will deliver untold benefits as more people conduct business and connect with other cultures far from home. But this increase in travel highlights the need to make air travel more sustainable.
Last week at its annual shareholder’s meeting, Walmart announced plans to explore a partnership with Uber and Lyft as it seeks to expand its grocery home delivery service.
Volkswagen is linking up with Uber competitor Gett. The German automaker hopes the new partnership will help it compete in an evolving mobility marketplace and shake its emissions scandal for good.