Bezos Earth Fund Cuts Ties With Climate Standards Group,...

Bezos Earth Fund Cuts Ties With Climate Standards Group,…

(Bloomberg) — Amazon.com Inc founder Jeff Bezos’ $10-billion Earth Fund has ended its support for the Science Based Targets initiative, the main verifier of corporate climate targets, the Financial Times reported. The billionaire’s philanthropic entity has halted backing for the group following complaints by SBTi staff about its influence, the report said. It’s also seen…

Read More
EV market scenarios for fuel retailers as demands shift

EV market scenarios for fuel retailers as demands shift

The expansion of electric vehicles (EVs) is reshaping the global fuel and convenience retail industry. The coming decade will bring shifting profit pools, fewer service stations, and new site formats. Specifics will differ by market-driven, for example, by regulatory environment, available technology, and fuel and charging margins – following one of three potential market scenarios…

Read More