Thursday, March 18, 2021
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Environmental Impact

News and information about the impact of industries on energy and environment for investors who want to contribute to a greener, cleaner future for all.

Democratic vice presidential nominee Sen. Kamala Harris has a history of fighting for environmental justice and supporting the Green New Deal, energizing climate activists.  This article is part of the daily Karma newsletter. To...
Lynas, which earned a Gold Medal from green ratings firm EcoVadis, will design a rare earths facility in Texas as U.S. moves to decouple from ChinaThe facility will help break a reliance on China for materials used...
Activists are watching whether the state will enforce a new law that closed a loophole that allowed waste from certain oil and gas drilling activities in Pennsylvania to be disposed of in New York.Oil and gas waste...
Luxury fashion brands are upcycling and embracing resale to reduce the industry’s massive pollution problem This article is part of the daily Karma newsletter. To get the whole newsletter delivered to your email free...
Luxury fashion brands say they are fighting waste through partnerships with online consignors and starting in-house resale shopsBy adopting the circular economy model, fashion can cut its massive carbon footprint and create loyal customersThe pandemic has led to a huge spike...
TRIG’s portfolio of renewable energy assets has allowed it to pull through the first-half of 2020 with minimal pain when the value of conventional energy plunged.The company owns wind, solar, and battery storage sites in the U.K.,...
BP’s plan to transform itself from an oil and gas company to an alternative energy solutions enterprise is viable, say analysts.BP is mapping out its strategy amid growing calls from the public for the world to transition...
Ethiopia is building a dam to generate cheap hydroelectric power, frustrating Egypt’s attempt to guarantee its water supply. The prospect of cheap electricity is expected to generate economic development and create business opportunities in Ethiopia and neighboring countries.Access...
A step-by-step guide for investors of all sorts to set portfolio targets that will help create stronger decarbonization plans to reach the net zero emissions goal set by the Paris Climate Agreement for 2050.  
“Nature-positive” task force believes businesses benefit from an approach that values nature and humans, too.Over half of the world’s economic output is highly dependent on nature, with the World Economic Forum estimating that $44 trillion of economic...
SolarX, a West African renewable energy equipment provider, raised its first round of capital this year. About 57% of the continent’s population does not have access to reliable electricity, which creates obstacles for everyday life and commercial business activities. The...
Offshore wind capacity is growing even as the pandemic-induced downturn crushes energy demand.Sea-based power should grow by a record 6.6 gigawatts of capacity this year — eventually expanding by 31.9 gigawatts in 2030, according to the Global...
Scientists create biofuel using waste from used cooking oil and lithium batteries.Innovative ways to create biofuels are seen as growth area for green investors.Process may alleviate problems such as disposing of toxic used batteries and getting rid...
Meet the social enterprises pandering to your pets.  This article is part of the daily Karma newsletter. To get the whole newsletter delivered to your email free every morning, subscribe here.
Indian corporations are increasingly shifting to renewable energy sources because they are often the cheapest power sources. India now the world’s second-largest market for corporate renewable purchasing power agreements after the U.S. Regulatory and policy changes will be needed...
Actis is finding profits developing a green shopping mall and bringing power to millions in Cameroon, something it’s repeating throughout Africa, Asia and Latin America.Actis has invested in renewable energy projects — in countries including Mexico, India,...
Advances in nuclear technology will result in safer, cheaper reactors, allowing the sector to play a major part in the transition to a low-carbon future. Small, modular reactors, high-temperature gas reactors, nuclear batteries and fusion reactors are among...
AXA’s latest climate report lays out financial losses caused by floods, storms and extreme temperatures, and discusses costs of transitioning to greener technologies. Investors are on track to lose millions as the causes of climate change wreak havoc...
Closed Loop gets vote of confidence from Fortune 500 consumer brand backers, as they opt to keep capital in a pool available to fund recycling technology. Backers including Pepsi and J&J recently extended initial five-year commitment after approving...
Financial institutions are pitching their eco-credentials as the coronavirus subsides. Clean energy commitments will matter most. This article is part of the daily Karma newsletter. To get the whole newsletter delivered to your email...
Upward Farms, an indoor agriculture company, raised $15 million to boost its operations. Vertical farming companies are booming amid the COVID-19 outbreak, which has increased demand for locally grown greens. The company aims to increase the diversity of bacteria...
Lab-produced food sales gain as health and sustainability concerns grow.Perfect Day, which produces dairylike products in a lab, recently raised $300 million in funding.Lab-grown meat, for example, could reduce the use of energy by as much as...
Environmental activists criticize Chevron Corp's $5 billion play to buy Noble Energy, saying the deal will boost the company’s production of fracked fossil fuels. Chevron acquires Noble’s fields in regions including the Permian Basin...
New measurement for a company’s expected global warming impact may help investors. CDP ‘temperature ratings’ tool lets investors weigh a company’s impact on the climate. ‘Temperature ratings’ are the latest addition to the dizzying number of ways to measure...
Netflix’s “Down to Earth with Zac Efron” is a delightful look at sustainability through a place-based lens. Who expected to learn about Iceland’s renewable energy and Paris’ water filtration system from the “Greatest Showman” star? 
Recovery from COVID-19 focusing on positive environmental changes would create $10.1 trillion in business opportunities, World Economic Forum says. Transition would require $2.7 trillion in annual investment through 2030, improving current businesses and creating new ones. Pandemic presented the...
"Down to Earth with Zac Efron" is an accessible and informative look at sustainable livingShow’s focus on what already exists, rather than hypotheticals, makes it inspirationalAs coronavirus reignites the conversation about how sustainably our lives are designed,...
Loop Industries says it has come up with a solution for how to better recycle plastic waste. Only 10% of all plastics produced worldwide have been recycled and plastic waste is polluting the environment and hurting wildlife.The moves come...
While the U.K. moves to ask retirement funds to disclose their portfolios’ carbon footprint, U.S. authorities may limit pension plan managers’ ability to factor in environmental, sustainability and governance issues in their investment decisions.
Quantum computers will help the chemicals industry discover new fertilizer production chemicals to replace a 100-year-old process and lower CO2 emissions. New quantum-generated chemicals to synthesize fertilizers will cut 3%-5% of the world’s natural gas consumption and reduce...