Group items matching

in title, tags, annotations or url

TransCanada wants the US to pay it $15 billion to recoup costs and damages related to President Barack Obama's refusal to approve the Keystone XL oil pipeline. In addition to planning the claim under the North American Free Trade Agreement, the company sued the US government in federal court in Texas, claiming Obama's November decision exceeded his constitutional authority.

A coalition of major corporations including Walmart, Target, Kellogg, Dell, The LEGO Group and more than 100 others reduced the combined carbon emissions of their supply chains by 633 million tons of carbon dioxide and saved $19.3 billion for their companies in 2018, according to a new report from the Carbon Disclosure Project (CDP)

Billed as a planetary health diet for both the Earth and its people, the set of guidelines put forward by the EAT-Lancet Commission gun for nothing short of a "Great Food Transformation," something they say would feed 10 billion people, save lives and avoid large-scale environmental destruction.

After new chemistry policies from the like of Target, Walmart and Kaiser Permanente, the economics of green alternatives are increasingly favorable.

The Better Buildings Challenge says businesses that have participated in its initiative have reduced energy use 2% annually for a total savings of $1.3 billion. The goal is to make buildings 20% more efficient within 10 years. In total, 34,000 buildings and facilities have been part of the effort.

Cleantech company Mainstream Renewable Power will reportedly build and operate nearly 1 GW of wind power capacity in Chile by 2021. The 7 wind power projects have a combined investment value of more than $1.5 billion.

The Coca-Cola Company, which uses about 300 billion liters of water a year - a quantity so big it's as if every person on earth donated 40 liters of the shared resource of water to its operations -  announced Monday that it reached a goal it set a decade ago: To "replenish" or restore the equivalent quantity of all the water it uses in a year in its global operations to produce, bottle and sell Coke, Sprite, Fanta, Minute Maid orange juice and hundreds of other beverages.

Zion Research says the market for green building materials will reach $255 billion by 2020, about twice what it was in 2014. North American and Europe are the largest consumers of the environmentally friendly materials.

BP, Shell, and other global oil and gas companies created OGCI Climate Investments, a 10-year, $1 billion dollar investment fund to "accelerate the development of innovative technologies that, once commercialized, have the potential to reduce GHG emissions on a significant scale." The combined operations of the OGCI member companies account for more than one-fifth of global oil and gas production and more than 10% of the global energy supply.

Rising temperatures and changing precipitation are taking a toll on coffee farms worldwide, including the plantations around Mount Kilimanjaro. If the world hopes to sustain its two billion cup-a-day habit, scientists say, new climate-resilient species of coffee must be developed.

But the fact is that the blockchain is building some serious credibility within the world's biggest banks and financial services firms - they helped fuel more than $1 billion in investments between 2014 and 2016. That visibility has given both established and emerging companies the confidence to experiment. In mid-October, for example, Walmart announced a collaboration with IBM and Tsinghua University in Beijing focused on using the blockchain as a mechanism for authenticating food sources and keeping tabs on all sorts of related data - including the originating farm, batch numbers, processing plant information, expiration dates and storage temperatures.

"Circular Economy in India: Rethinking Growth for Long-Term Prosperity" (Ellen Macarthur Foundation) finds that following a circular economy development path could unlock $624 billion in benefits annually by 2050, compared to the country's current development path. The report also finds that this development path would enable India to cut GHG emissions by an additional 44% by 2050, compared to its current development path.

According to a new Pure Strategies study, over $8 billion was earned in 2015 from the sustainability efforts of 153 survey respondents, signaling a new way of defining sources of business value. Taking inspiration from sustainability's positive performance, companies should position their programs to generate the greatest business benefits and to measure and celebrate the gains.

"Global Forests Report 2016" (CDP) finds that up to $906 billion in revenue at companies analyzed is at risk due to deforestation; a quarter of these companies' revenues are tied to commodities linked to deforestation. However, the report finds that only 1 in 5 of these companies are assessing risks associated with deforestation beyond a six-year horizon.

Air pollution contributed to a total of 80,665 premature deaths of adults over 30 years in Mumbai and Delhi in 2015, a two-fold jump from 1995, according to a new study at the Indian Institute of Technology, Bombay. In economic terms, air pollution cost the two cities $10.66 billion (approximately Rs 70,000 crore) in 2015, or about 0.71% of the country's gross domestic product. The study has said the impact on health and productivity as a result of exposure to pollution and the consequent burden of respiratory ailments rose with every passing decade.

More than 4,400 people died last year because of health problems caused by emissions from Pennsylvania and Ohio's power plants, according to reports from NextGen Climate America and PSE Healthy Energy. In total, the states' power plants caused problems that cost state residents $40 billion in health care bills, the reports found.

The World Bank will provide India with more than $1 billion to support its plans to increase solar power generation to 100 GW by 2022 and derive at least 40% of its energy needs from renewable sources by 2030. The Bank also announced its support of the India-led International Solar Alliance's efforts to mobilize $1 trillion in solar investments globally by 2030.

Forests are massive carbon sinks, and the U.S., alongside other developed countries, are donating large sums of money to protect these carbon-rich landscapes from deforestation.

World leaders have agreed to double the clean energy research funding they pledged in December as part of an international push to reduce carbon emissions, the White House announced on Thursday.  During the first meeting of the 21 countries involved in the Mission Innovation project this week, international members said they would increase the clean energy research and development funding the project is designed to facilitate.  According to the White House, member countries will now spend $30 billion per year by 2021 on clean energy research. 

The International Energy Agency (IEA) estimates that more than 1 million electric vehicles (EVs) were on the road in 2015, including 400,000 in the United States. In order to limit global warming to 2°C or less, the agency says the world will need 150 million EVs by 2030 and 1 billion by 2050, implying a 21 percent compound annual growth rate from now until 2050.