(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…
Technicians check solar panels in Rongcheng, Shandong province. LI XINJUN/FOR CHINA DAILY China plays a crucial role in Egypt”s renewable energy ambitions, said Ghada al-Gendy, executive director of Egypt’s Arab Company for Renewable Energy, which owns one of the first Egyptian factories that manufactures solar panels. “Our reliance on Chinese materials is fundamental to our…
China’s dominance of exports because of its manufacturing over-capacity and control of critical supply chains for energy transition are significant challenges for India, the Economic Survey 2024-25 released on Friday noted. China’s hold on exports and supply chains key challenge Beijing’s role as a “manufacturing colossus”, especially in the context of India’s limitations in producing…
GEM, a Shenzhen-listed recycler of electronic and industrial waste, is eyeing Hong Kong for a second share listing in a bid to access international funding and accelerate its global expansion. “To support [its] global strategy, accelerate the development of overseas business, enhance its overseas financing capabilities and strengthen its international brand image and global competitiveness,…
China broke its own record in installing renewable power in 2024, as the world’s top polluter continues to push its energy transition while the US shifts away from fighting climate change. The world’s second-largest economy added roughly 277 gigawatts of solar last year, surpassing the previous year’s record of 217 gigawatts, the National Energy Administration…
Today’s newsletter looks at a blow to global climate efforts: the world’s biggest emitter used a record amount of coal power last year. You can also read this story and get the latest updates on the Southern California fires on Bloomberg.com. For unlimited access to climate and energy news, please subscribe. Source link
Since the November election, naysayers have been predicting the demise of electric vehicles. They say that ending the $7,500 tax credit for purchasing an EV and enacting new tariffs will doom sales. However, I am convinced that such arguments contort credibility and play into the hands of the petroleum industry. Fortunately, many Marin drivers don’t…
After launching the biggest boom in renewable power in history, China is now paying-up to make sure all that clean energy can get to homes and businesses. Spending on power transmission surged 19% to 529 billion yuan ($72 billion) in the first 11 months of last year, according to the National Energy Administration. Funding for…
{KXLG – Watertown, SD} The Codington County Commissioners have approved a Facility Use Agreement and Pet Addendum with the American National Red Cross. The agreement will allow the Codington County Extension Complex to be used during emergencies. Emergency Management Director Andrew Delgado and Facility Manager Steve Molengraaf presented the agreement to the Commissioners. Delgado explained…
Beijing’s approval of a controversial mega dam in the lower reaches of the Yarlung Tsangpo River, which flows from Tibet autonomous region into India, has sparked concerns about the environmental impact of the project, as well as the effect it could have on China-India ties amid signs of a thaw between the two neighbours. The…