Norway is starting the world’s biggest divestment in oil and gas
The Government Pension Fund Global, which was built off Norway’s oil revenues, will begin phasing out $8 billion held in 134 firms to reduce the fund’s risk from volatile oil prices.
2019 C.E.
World Bank approves $185 million for renewable energy in Bangladesh
Launched on March 1, the Bangladesh Scaling-up Renewable Energy Project will provide $185 million to add up to 310 MW in renewable energy and aims to mobilize a further $212 million in private sector investment.
Lake Region Electric Cooperative in Minnesota launches first-of-its-kind solar-wind hybrid renewable energy plant
In GE’s integrated renewable energy system, electricity from the solar panels is funneled through the wind turbine converter. The overall capacity of the system will increase by 3% to 4%, while boosting annual production by up to 10%.
Prices of nearly 400 anti-cancer drugs in India slashed by up to 87%
Hundreds of lifesaving cancer medications will now be available to Indian patients at a much cheaper cost, according to the government’s pharmaceutical department.
Landmark study finds tackling inequality is key to realizing UN Sustainable Development Goals
A landmark study of the relationship between each of the United Nations Sustainable Development Goals (SDGs) has found that tackling inequality in rich countries could unlock the prize of a better and more sustainable future for all.
The largest dairy producer in Scandinavia pledges to carbon net zero by 2050
Arla Foods have revealed ambitions to reduce greenhouse emission on dairy farms by 30% per kilo of milk over the next decade, with a goal of carbon net zero by 2050.
Australia adding one mega-solar project per month
Australia is adding one mega-solar project equivalent per month, with the current installed base of 10 gigawatts projected to double by the end of 2020. The latest mega-solar project is a 333 MW project in Griffith, New South Wales.
In ‘world first’, blind people in Scotland have vision restored thanks to stem cells
Thanks to the pioneering tissue transplant, eight patients with a common condition that destroys vision have had the affected area repaired –and two were able to read again after having severe macular degeneration.
U.S. NASA announces world’s first-ever all-female spacewalk
On March 29, Anne McClain and Christina Koch will leave the relative safety of the International Space Station for a spacewalk to upgrade the craft’s batteries – the first-ever to be all-female.
Researcher invents biodegradable Mardi Gras beads made of algae
Hundreds of pounds of plastic beads of Mardi Gras beads end up in the New Orleans’s water system every year. Thankfully, a biologist from Louisiana State University has developed several formulas for biodegradable Mardi Gras beads made of algae.