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Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’
Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure. These are the findings of a new World Economic Forum study, which shows the world’s sovereign wealth funds collectively own…
EU Gets Heavy-Duty on Emissions from Trucks
The European Union has agreed to reduce emissions from new trucks by 30% by 2030. The European Parliament and the Council, which represents the 28 member states, reached a provisional agreement which ensures between 2025 and 2029, new trucks will…
First Mammal Species Recognized as Extinct Due to Climate Change
A small rodent that lived only on a single island off Australia is likely the world’s first mammal to become a casualty of climate change, scientists reported in June 2016. The government of Australia has now officially recognized the Bramble…
We Are Eating Large Wild Animals into Extinction
Much of the planet’s megafauna is being driven extinct because of the usual causes: habitat loss and rampant poaching for body parts like horns, bones and tusks. But there is another reason large vertebrates are going extinct: people keep on…
Oil Spill From Shipwreck Threatens Solomon Islands’ World Heritage Site
The Solomon Islands prime minister has asked Australia for emergency help cleaning up an environmental disaster after oil spilled from a bulk carrier that ran aground on a coral reef near a world heritage area. The MV Solomon Trader had…
VW’s First EV ‘Will Be Carbon Neutral Throughout Entire Lifecycle’
Volkswagen says its new electric car will be carbon neutral through its entire lifecycle if recharged with renewable energy. The German car manufacturer says the ID.’s supply chain, manufacturing processes and charging infrastructure will all be sustainable – the energy…
IKEA Buys 25% Stake in German Offshore Wind Farm
Ingka Group, a company which owns most of the IKEA stores, has bought a 25% stake in an offshore wind farm in Germany. It has paid more than €200 million (£174m) for the stake in Veja Mate, which consist of…