Technology
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Wells Fargo’s latest innovation cohort to focus on building decarbonization
Three startups were each awarded $250,000 to help tackle energy management and emissions reduction in buildings.
By Lamar Johnson • Nov. 21, 2024 -
Oil quartet including BP, Shell invest $500M in energy access, clean cooking
Equinor and Total Energies will join the companies to invest in energy and cooking solutions in Sub-Saharan Africa and South and Southeast Asia to help meet the UN’s Sustainable Development Goal 7.
By Lamar Johnson • Nov. 20, 2024 -
Trendline
The state of the clean energy transition in 2024
This year saw a large volume of initiatives and investments from corporations focused on the clean energy transition — alongside a handful of reversions on carbon reduction goals.
By ESG Dive staff -
New tool aims to bridge gap between organizations’ sustainability targets and outcomes
The U.S. Green Building Council's digital platform intends to help organizations meet reporting requirements and sustainability goals related to emissions, energy, water and waste.
By Nish Amarnath • Nov. 18, 2024 -
American Petroleum Institute gives Trump a deregulatory policy wishlist
The organization seeks to have a number of Biden era regulations that focus on increasing electric vehicle adoption and slowing natural gas exports rescinded.
By Lamar Johnson • Nov. 15, 2024 -
Clorox prioritizes supplier decarbonization efforts
The cleaning product manufacturer is partnering with carbon tracking service Manufacture 2030 to gain visibility into its vendors’ emission reduction plans.
By Kelly Stroh • Nov. 15, 2024 -
Only 16% of global companies on track for 2050 net-zero goals: Accenture
“The fact that so few of the G2000 companies are on track to reach net-zero emissions is alarming,” the director of shareholder advocacy at Trillium Asset Management told ESG Dive.
By Lamar Johnson • Nov. 14, 2024 -
California biofuel restrictions limit farms’ role in renewable energy transition
New changes to the state's low carbon fuel standard cap incentives for soybean oil in renewable diesel and give a timeline to phase out subsidies for dairy methane digesters.
By Sarah Zimmerman • Nov. 13, 2024 -
Mercedes-Benz seeks circularity with new battery recycling plant
The facility in Germany will help the automaker turn “today’s batteries into tomorrow’s sustainable mine for raw materials,” one board member said.
By Eric Walz • Nov. 11, 2024 -
Q&A
Why Vycarb is focused on capturing carbon dioxide from the East River
The startup launched a novel pilot in New York City last month, and will look to remove 100 tonnes of carbon dioxide per year from its saltwater tidal strait.
By Lamar Johnson • Nov. 8, 2024 -
2024 Elections
What Trump’s reelection could mean for the IRA, offshore wind
President-elect Trump has vowed to repeal the Inflation Reduction Act and stop offshore wind development, but clean energy advocates say his administration could benefit from both.
By Diana DiGangi • Nov. 7, 2024 -
Microsoft swaps concrete, steel with wood in new data centers to cut emissions
This marks the tech giant’s latest push to reduce its carbon footprint and accelerate progress toward its sustainability targets, which include a goal to become carbon negative by 2030.
By Zoya Mirza • Nov. 4, 2024 -
2024 Elections
As US EV sales growth slows, election results could reverse or reinforce the trend
U.S. electric vehicle sales are rising, though the rate of growth has declined in the past year. The next president may continue support for purchase incentives or seek to cut the popular tax credit, say experts.
By Robert Walton • Nov. 4, 2024 -
ENGIE strikes deal with Meta to supply 260 MW of solar
The project is located in Milam County, Texas, and will supply power to a Meta data center 10 miles away in Temple.
By Diana DiGangi • Nov. 1, 2024 -
Southwest Airlines brings bamboo on board to reduce plastic in new cups
The airline recently stirred up change when it began stocking the bamboo-based cold beverage cups and wooden stir sticks, following a yearlong R&D process stemming from plastic reduction goals.
By Katie Pyzyk • Oct. 31, 2024 -
‘Carbon positive’ hotel opens in Denver
Populus says it is the first hotel in the U.S. to reduce more carbon than it creates.
By Noelle Mateer • Oct. 30, 2024 -
Microsoft clinches ocean-based carbon removal deal with Ebb Carbon
The tech giant will contract an initial 1,333 tons of carbon dioxide removal with options to purchase up to 350,000 tonnes of removal over 10 years.
By Lamar Johnson • Oct. 28, 2024 -
California’s first carbon capture and storage facility gets local approval
The decision follows heated debate among community members about the project’s economic and health impacts.
By Ysabelle Kempe • Oct. 28, 2024 -
Morgan Stanley inks carbon removal deal with Climeworks
The deal is the financial institution’s first foray into direct air capture credit purchasing and expands Climeworks’ U.S. footprint.
By Lamar Johnson • Oct. 25, 2024 -
Aerospace company Natilus unveils low emissions commercial aircraft
The “Horizon” aircraft will be able to transport 200 passengers across two flight routes and is expected to hit the market in the early 2030s.
By Zoya Mirza • Oct. 23, 2024 -
Renewable PPA prices continue to rise — and may do so through 2030, say LevelTen, Ascend analysts
Project delays, tariffs and a new round of supply shortages pushed renewable energy prices higher in the third quarter of 2024.
By Emma Penrod • Oct. 23, 2024 -
JPMorgan hires NOAA climate scientist to lead climate advisory practice
Sarah Kapnick rejoins the bank after a stint as the National Oceanic and Atmospheric Administration’s presidentially-appointed top scientist.
By Lamar Johnson • Oct. 22, 2024 -
Supreme Court rejects calls to put a hold on EPA power plant carbon rule
Utilities asking the court to stay the rule included American Electric Power, Duke Energy, MidAmerican Energy, PacifiCorp and Southern Co.
By Ethan Howland • Oct. 21, 2024 -
Climate Week NYC 2024: a retrospective on major announcements, deals
This year’s iteration of the event spanned across 600 events in the city, congregating business leaders, key decision makers and heads of government from all over the world.
By Zoya Mirza , Lamar Johnson • Oct. 21, 2024 -
IBM acquires Prescinto to bolster renewable energy asset management capabilities
The acquisition is not just a tactical one, but plays into the company’s broader plan to expand its energy and utilities expertise, IBM’s VP of ESG and asset management product leader said.
By Lamar Johnson • Oct. 17, 2024 -
Meta joins DOE initiative, pledges $35M for carbon removal projects
The tech conglomerate said the funding is a “direct response” to the Department of Energy’s carbon removal purchase program launched earlier this year.
By Zoya Mirza • Oct. 16, 2024