Banking giant Lloyd’s of London to divest from coal over climate change
Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies.
Climate crisis
The climate crisis demands action — and action is happening. This archive tracks real progress: policy wins, clean-energy milestones, community resilience, and scientific advances that show meaningful change is possible. Stories here come from every corner of the world.
E.U. votes to increase 2030 renewable energy goal to 35%
The European Union Parliament voted Wednesday to increase its renewable energy goal for 2030 from a goal of 27% to a new target of 35%, which will now be taken to EU member states in upcoming talks.
Nike’s huge renewable energy buy pours cold water On Trump’s coal goals
The leading global athletic wear company announced a huge 86-megawatt deal that throws the force of Texas wind power behind its pledge to bring 100 percent of its North American operations into the renewables fold by 2025 seven years earlier than planned.
World’s first electric container barges to sail from European ports this summer
Dubbed the ‘Tesla of the canals’, the unmanned vessels will operate on Dutch and Belgian waterways, vastly reducing diesel vehicles and emissions
Australian university is world’s first to go fully solar-powered
In a move that will make the Sydney institution the world’s first university to be energy carbon neutral, the University of New South Wales has inked a deal to meet all its electricity needs with solar energy from next year onwards.
L’Oréal, Mars, PepsiCo, The Coca-Cola Company, Unilever, Walmart, and more pledge to recycle 100% packaging
At the World Economic Forum in Davos, 11 companies have announced that they will work towards using 100 percent reusable, recyclable or compostable packaging by 2025 or earlier
New data shows solar energy creates more jobs in United States than any other industry
According to the census, solar energy adds jobs 17 times faster than the overall economy in the United States.
France sets out ten-point plan to double wind power capacity by 2023
The government said the proposed reforms will cut in half the average time it takes for wind power projects to be completed and connected to the French electricity grid.
Norway is aiming for all of its short flights to be electric by 2040
Norway is a leading force in broad adoption electric vehicles. In its latest move, the country has pledged to make all of its short-haul flights electric by 2040.
Saudi Arabia plans up to $7 billion of renewable energy projects this year
Tenders will be issued this year for eight projects totaling 4.125 gigawatts of capacity, Turki Mohammed Al Shehri, head of the kingdom’s Renewable Energy Project Development Office, said.