December 7, 2022

this week current climateEvery Saturday, which brings you the latest news on sustainability work. Sign up to have it in your inbox every week.

In 2019, Amazon He co-founded The Climate Pledge, a commitment to reach net zero carbon emissions by 2040. Since then, the company’s carbon footprint has increased nearly 40%. Amazon’s carbon footprint was 51.17 million metric tons in 2019 and grew to 71.54 million metric tons in 2021, according to the company’s sustainability report. Released this week. Amazon said the increase was driven by growth during the pandemic across both consumer e-commerce and cloud businesses, which required building new facilities and expanding its transportation network.

In an effort to move away from the overall carbon footprint, the report suggested that companies should also be judged on whether they are reducing their “carbon intensity,” which is the total carbon emissions per dollar of total merchandise sales. While Amazon has continued to lower its carbon intensity, the annual change has been much lower. From 2019 to 2020, Amazon reduced its carbon intensity by more than 16%. From 2020 to 2021, the decline was 1.9%.

adults read

Backup plan: How Generac thrives amid network outages and natural disasters

Milwaukee-based Generac has an 80% market share in the home standby generator business and has a six-month order backlog. But rather than just selling “a product people hope they will never use,” CEO Aaron Jugfield has big ideas for the company’s future: small home networks. He wants to start marketing an “energy independence” package that combines gas, solar, and batteries, all enhanced with machine learning software that manages your heating and cooling with an eye toward making money. Read more here.

Discoveries and innovations

The sun has become more active than NASA I predicted, and the Sun’s current 11-year cycle is likely to be the strongest ever — since scientists first began recording sunspots in 1755.

Black asphalt stores and retains heat. Roofing and waterproofing manufacturer GAF (part of Standard Industries) has launched a pilot project to see if solar reflective coatings can help reduce temperatures in a 10-block neighborhood in Los Angeles.

Morocco The Minister of Energy Transition and Sustainable Development, said the country is installing thousands of megawatts of renewable energy as it aims to become an exporter to North Africa and Europe.

Bicycle transport levels in England It rose 47% on weekdays in the first five months of the year, as passengers reacted to higher fuel prices.

Sustainability Deals This Week

Nuclear fusion: UK-based First Light Fusion, a nuclear fusion company at Oxford University, is looking to raise £400m as it heads towards commercialization, Sky News reports.

vertical farming Japan-based Spread, a vertical farming company that primarily focuses on lettuce, has Raised $30 Million in Group A financing, as it expands to include strawberries and alternative meats.

Climate technology: It owns San Francisco-based Top Tier Capital Partners raised 925 million dollars In the new capital of climate technology investments in the last stage.

In sight

The Senate could vote on the inflation-reduction bill, which includes $369 billion over the next 10 years for “energy security and climate change programs,” as soon as this weekend, Reuters reports. The legislation, a deal struck by Senate Democrats Chuck Schumer of New York and Joe Manchin of West Virginia, would need all 50 Democratic senators plus runaway Vice President Kamala Harris in order to move forward.

What we’re reading this week too

Severe heat waves: Surprising lessons from record warmth (nature)

‘They’re not slowing down’: The rise of multibillion-dollar disasters (Washington Post)

Data centers face climate crisis (wired)

Green Transport Update

Sixteen years ago today, before Tesla built its first car, Elon Musk published his “master plan” for the company with one goal: to transform the non-environmentally friendly car industry into one by selling expensive electric cars that ensured development of affordable ones. “When someone buys a Tesla Roadster sports car, they are actually helping pay for the development of the low-cost family car,” Musk wrote. The thing is, the affordable family electric car is here but it’s a Chevrolet, not a Tesla. General Motors, Ford, Volkswagen, Hyundai and other automakers are ramping up production of a wide range of new battery-powered models at lower prices than the current industry leader. Read more here.

The big transport story

Fisker says it has secured more than $300 million in pre-orders for its electric SUV

Fisker Inc. , another potential competitor to Tesla, is about to start building its first electric models and says initial orders for Ocean SUVs are likely to be worth more than $300 million in revenue. Although the first 5,000 units it will build will be $70,000 versions with all options, the Los Angeles-based company expects to start offering $37,499 cheaper versions late next year and is also planning a $30,000 electric vehicle on the market by 2024. Read more here.

More green transportation news

Nikola buys struggling battery maker Romeo Power for $144 million

GKN Automobile Company Achieves Milestone for Multi-Million Electric Motor

High gas prices make us all want electric vehicles, right? Not so, the survey says

Under the ideas of an EV investor, electric motorcycle maker Energica is looking beyond just building bikes

What does Herbert Diess’ departure mean for Volkswagen’s electric future?

For more sustainability coverage, click here.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *