U.S. Energy Department to commit $2.25 billion to carbon storage program 6/5/2022

The U.S. Department of Energy intends to commit $2.25 billion for projects to store carbon dioxide underground and help fight climate change, it said on Thursday. ...more

Wind turbine makers struggle to find pricing power 6/5/2022

Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever. ...more

Companies confront a new climate challenge: home offices 6/5/2022

Tech and financial companies leading efforts to cut climate changing emissions are finding a new challenge from remote work: the CO2 spewing out of home offices. ...more

Financial firms face $225 billion in water-related losses, analysis estimates 5/5/2022

Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to assess the potential impact, a report by leading environmental disclosure platform CDP and Planet Tracker estimates. ...more

Spring egg-laying shifts by three weeks 5/5/2022

"In some parts of this wood, egg-laying has shifted by three weeks," explains Dr Ella Cole of Oxford University. ...more

U.S. plastic recycling rate drops to close to 5% - report 5/5/2022

The rate of plastic waste recycling in the United States fell to between 5%-6% in 2021 as some countries stopped accepting U.S. waste exports and as plastic waste generation surged to new highs, according to a report released on Wednesday. ...more

Stanford University given $1.1 bln by venture capitalist for climate change school 5/5/2022

Stanford University received $1.1 billion, its largest ever gift, from venture capitalist John Doerr to fund a new school focused on climate change, fueling a debate about whether billionaire donations are enough to combat the climate crisis. ...more

Cubans grow corals, restore ailing barrier reef on shoestring budget 5/5/2022

A small group of Cuban dive instructors, working on a shoe-string budget and with flotsam salvaged from the beach, have launched a small-scale project to grow corals and replant them, in hopes of restoring a patch of Cuba’s barrier reef. ...more

EU body sets out draft sustainability disclosure standards 4/5/2022

Companies will have to set a much broader range of sustainability targets under draft new European Union reporting standards, environmental impact body CDP said on Tuesday. ...more

Gas-guzzling German carmakers face uphill struggle to go green 4/5/2022

As Germany speeds up investment in renewables, the energy consumption of its carmakers reveals just how reliant the country's most important industry is on fossil fuels, a Reuters analysis of environmental data shows. ...more