New York City accelerates EV infrastructure plans for 2024
New York City’s charging capacity will receive a boost from new statewide Electric Vehicle (EV) infrastructure incentives. In November last year, New York state’s Public Service Commission (PSC) approved a historic EV infrastructure buildout program that increased its investments in EV charging throughout the state. Widespread charging facilities are critical to New York City’s ambitious […]
Shopify invests around $55 million in 40 carbon removal startups
The e-commerce company Shopify has been investing in early-stage carbon removal projects and startups for the past four years. Shopify has invested close to $55 million in about 40 startups. These startups have developed methods for removing carbon dioxide from the air using techniques such as direct air capture devices and the spreading of crushed […]
Seattle-based startup develops recycled clothing made of denim
Seattle-based startup Evrnu will break ground in January on a cotton recycling facility in South Carolina. The company is partnering with U.K. fashion and textile innovator Pangaia to create recycled clothing to be made out of denim. Denim is among the hardest-to-recycle versions of cotton. The reason this move is significant is because it moves […]
China aims for green courier packaging by 2025
Beijing aims to establish a standard system for green packaging by the end of 2025 and also ban the use of toxic and harmful materials to meet its ambitious climate goals. China, which is also the world’s biggest generator of plastic waste, started a five-year plan in 2020. It included setting ambitious targets including banning […]
China drives demand for sustainable finance in the Asia-Pacific region
Green and sustainability-related bonds have helped raise US$134 billion in the Asia-Pacific region so far this year, excluding Japan. China accounted for more than half of this volume. The demand for sustainable finance products will remain robust despite elevated interest rates in this region, which is exposed to expensive climate change-related events and needs to […]
U.S. ports are receiving a $21 billion upgrade
U.S. ports are getting a multimillion-dollar grants to upgrade their cargo handling infrastructure. The grants are part of the administration’s $21 billion commitment to modernize U.S. port infrastructure. The U.S. Environmental Protection Agency is also pitching in with funds for port improvements to combat truck idling. The U.S. Department of Defense is deepening some waterways […]
Japan offers to help Asia curb emissions with its co-firing technology
Japan is offering to help Asia-Pacific nations reduce emissions with various technologies. This includes the co-firing technology, which uses less-polluting ammonia or hydrogen as a substitute for a proportion of coal or gas burned at power stations. Japan sees co-firing as a potential emissions-reduction tool for the country since the country lacks land to install […]
COP28 calls to move away from fossil fuels
For the first time in nearly three decades, government ministers from as many as 200 countries approved a deal that calls on countries to move away from fossil fuels. Climate campaigners feel that the U.S. needs to lead the charge in shifting away from fossil fuels. The U.S. Energy Information Administration informed that American oil […]
U.S. led coalition to triple nuclear power by 2050
The U.S., along with 20 other countries, pledged to triple nuclear power by 2050 to limit climate change and achieve net-zero carbon emissions. The declaration by these nations places nuclear power at the center of the push to transition to clean energy. Other major economies that signed the agreement include Canada, France, the United Kingdom, […]
China begins operations of the world’s largest onshore wind-power facility
China’s largest onshore wind-power facility has begun full-capacity operations in the northern Inner Mongolia autonomous region. The project’s operator is the state-owned China General Nuclear Power Corporation (CGNPC). The project is the first in a batch of renewable energy projects targeted for the desert region, and its construction started in 2020. China is the world’s […]
