Britain sets new daily record for wind generation
Stormy conditions drove wind to a new record-high share of Britain’s electricity supply that at one point hit 56% this weekend, said power market analysts.
Climate crisis
Global green bond issuance grows 25% in 2019
Whether it’s in equities, government bonds, ETFs (exchange-traded funds) or hedge funds, investors around the world are demanding socially and environmentally conscious options.
United Kingdom to ban petrol, diesel, and hybrid cars by 2035
The sale of new petrol and diesel cars and vans will be banned as of 2035. After the ban comes into effect, only electric and hydrogen vehicles will be available for purchase.
Ernst & Young pledges to be carbon neutral by end of 2020
To achieve carbon neutrality, EY will focus on areas including reducing travel emissions, sustainable procurement practices and purchasing more renewable energy to power EY offices, for example wind or solar energy.
$500M investment means construction to start on Canada’s largest solar farm this year
The project will consist of 1.5 million solar panels that will create 500 jobs and generate about 800 million kWh per year, enough to power more than 100,000 homes.
U.K. aviation industry commits to net zero carbon emissions by 2050
The Sustainable Aviation coalition say that the U.K. will be able to grow passenger numbers by 70% while reducing net emissions from 30 million tonnes of CO2 per year today down to zero.
In 2019, more than 99% of Costa Rica’s electricity came from renewables
With a population of less than 5 million, Costa Rica is committed to becoming 100% carbon neutral this year.
GM to invest $2.2B in Detroit to build electric vehicles
General Motors is spending $2.2 billion to refurbish an underused Detroit factory so it can build a series of electric and self-driving vehicles, eventually employing 2,200 people.
India’s gigantic Bhadla Solar Park sets new world record
The 2.2GW park is almost 50% more than all the solar installations that the US’ largest residential solar installer has completed. It’s also about 50% larger than the world’s previous largest solar farm. It is just one small part of India’s ambitious plan to install 100GW of solar by 2022.
Madagascar commits to planting 60 million trees
To celebrate 60 years of independence, Madagascar President Andry Rajoelina has pledged to plant 60 million new trees and restore the island to the green haven it once was.