Post Tagged with: "sustainability"

Source: CNBC

IEA outlines $3 trillion green recovery plan for world leaders to help fix the global economy

CNBC


The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a “once-in-a-lifetime” roadmap to sustainably rebuild their economies in the wake of the coronavirus pandemic.

The Sustainable Recovery report, published Thursday,

Source: Reuters

Exclusive: Oil major BP to cut 15% of workforce

Reuters


LONDON – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney’s plan to shift the oil and gas major to renewable energy, it said on Monday.…

Source: CNBC

Scandinavian joint venture to specialize in recycling electric vehicle batteries

CNBC


Norsk Hydro and Northvolt have set up a joint venture that will focus on the recycling of both battery materials and aluminum from Norway’s electric vehicle sector.

In an announcement Monday, battery manufacturer Northvolt said the venture, dubbed Hydro …

Source: CNBC

The world’s ‘largest all electric commercial aircraft’ completes its first flight

CNBC


The planet’s “largest all electric commercial aircraft” has completed its maiden flight, the latest example of a zero-emission form of transport taking to the skies.

The Cessna 208B Grand Caravan took off from an airport in Moses Lake, Washington, …

Source: CNBC

An archipelago in the Atlantic wants to add tidal power to its energy mix by using kite-like tech

CNBC


Situated in the wilds of the northeast Atlantic between Iceland and Scotland, the Faroe Islands are peaceful, remote and beautiful.

The archipelago is also the site of a trial that, using tidal “kite” technology, could radically alter its energy …

May 13, 2020 - 12:30 pm Closing Bell Story‎, Energy News, Sustainability
Source: CNBC

North Dakota’s largest power plant looks set to close as the owner bets on wind energy

CNBC


A 1,151-megawatt (MW) coal power station in North Dakota is set to be retired after it was deemed to have “lost value compared to other alternatives in recent years.”

Announcing the decision at the end of last week, electric

Source: CNBC

In Sweden, hydrogen has been used to heat steel in a bid to boost sustainability

CNBC


Two firms have trialed the use of hydrogen to heat steel at a facility in Sweden, a move that could eventually help to make the industry more sustainable.

Earlier this week Ovako, which specializes in manufacturing a specific type

May 1, 2020 - 2:00 pm Closing Bell Story‎, Energy News, Sustainability