Sustainability

Biden Opens up the Taps for Clean Energy

In either a blitzkrieg of sustainability guilt or laying the foundation of a political legacy prior to next year’s elections, the White House has ramped up its clean energy plans.   Firstly, the Inflation Reduction Act (IRA), of which clean energy is a central pillar, has claimed its first, err, victim. Namely, Europe. Norwegian manufacturer […]

Microsoft stumbling on renewable energy pledges

In 2020, Microsoft publicly committed to zero carbon status not just for itself, but for its supply chain. The company itself is doing on track. But the emissions from most of its supply chain are not reducing, but increasing. One particular supplier in Taiwan, Chicony Electronics, recently reported a 700% increase in emissions in one […]

Ciena Outlines Top 5 Trends Set to Drive Network Innovation in 2023

In 2023, it’s likely that we will witness a massive growth in the number of 5G users, humans and machines. But the increase in bandwidth demand this will bring will put enormous pressure on networks, fuelling the growth of 5G analytics-driven automation and software control. Ciena forecasts the following top trends will dominate network innovation […]

Manchin Threatens to Sue U.S Treasury Over EV Tax Credit Rules

Senate Energy Committee Chair Joe Manchin said on Wednesday he may go to court after the U.S. Treasury releases guidance later this week on battery sourcing guidance for electric vehicle tax credits. “If it goes off the rails” and violates the intent of the climate legislation approved in August, “I will do whatever I can […]

EU Countries Stand Off Over Nuclear Role in Renewable Energy Goals

Two rival alliances of European Union countries held final-hour talks in Brussels on Tuesday, ahead of negotiations on whether to recognise nuclear power under the EU’s renewable energy goals. The stand-off comes a day before EU countries and lawmakers are supposed to agree tougher EU targets to expand renewable energy by 2030 – a key […]

Us, Japan Sign Trade Deal on Electric Vehicle Battery Minerals

The United States and Japan on Tuesday signed a trade deal on electric vehicle battery minerals that is key to strengthening their battery supply chains and granting Japanese automakers wider access to a new $7,500 U.S. EV tax credit. The swiftly negotiated agreement prohibits the two countries from enacting bilateral export restrictions on the minerals […]

EU Plans Early Carbon Market Auctions from July

The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening. The EU plans to raise 20 billion euros ($21.62 billion) in grants from its carbon market, with 8 billion euros of that […]

Let Me Stop Insuring Carbon Projects 'immediately', NGOs Tell CEOs

A group of climate activists has called on 30 insurance company CEOs to “immediately” stop underwriting new fossil fuel projects in the wake of a stark climate warning from U.N. scientists, a letter, seen by Reuters, showed. Insure our Future, a global consortium of activists, said it sent the letter dated March 21 to companies […]