Electric cars on track to be cheaper than gas cars by 2023
The market average for batteries will hit $101/kWh by 2023. For electric vehicles to match the price of gas ones, the cost would likely have to meet a $100/kWh threshold
Business
This archive collects stories about businesses making measurable progress on social, environmental, and economic challenges. From small enterprises to global companies, these 661 articles highlight what the private sector is doing right — and what’s possible when profit and purpose align.
Formula 1 makes switch to biofuel, will be carbon neutral in 2021
Formula 1 will adopt a 100% sustainable, bio-waste derived fuel and become carbon neutral in 2021.
MLB retrospectively elevates Negro Leagues to major league status
The move grants recognition to some of baseball’s pioneers from 1920 to 1948 and immediately rewrites the game’s record books.
Solar tariff bids in India hit record low of 2.71¢ per kilowatt-hour
The latest bid is sharply lower than the previous record bid of 3.21¢ per kilowatt-hour realized in June of this year.
World’s 3rd-largest grocery chain eliminates 20 million single-use plastic wrappings
The U.K.’s Tesco has switched to recycled cardboard for packaging of holiday lights, crackers, pudding, cards, and more.
London tree rental service solves a Christmas quandary
London Christmas Tree Rental delivers a real, pot-grown tree, lets customers enjoy it for a few weeks, then picks it up in January and takes it back to a farm, where the tree can continue to grow.
Eat Just’s lab-grown chicken gets world’s first cultured meat approval
The Singapore Food Agency (SFA) has declared that the U.S.-based company Eat Just can sell its cultured “chicken bites” in the country, The Guardian reported Wednesday.
Recycling robotics company AMP Robotics could raise up to $70M
The potential benefits of AMP Robotic’s machine learning-enabled robots are undeniable. The company’s technology can sort waste streams in ways that traditional systems never could and at a cost that’s far lower than most waste-handling facilities.
McDonald’s introduces McPlant, its first plant-based burger
The fast food giant has already tested a plant-based burger in Canada and may eventually add faux meat breakfast sandwiches and mock chicken to the menu. McPlant will start popping up on McDonald’s menus in 2021.
Pfizer reports COVID-19 vaccine 95% effective as Phase 3 trial concludes
Over 41,000 people had completed the vaccination protocol. Out of the 170 positive COVID cases detected in the trial only eight were observed in the active vaccine group.