EU Aims to Tackle Climate Change With Newly Adopted ‘Green Finance’ Guidelines

Newly adopted guidelines set forth by the European Commission Tuesday aim to tackle climate change by way of the financial sector. The move comes to bolster the success of the Sustainable Action Plan published last year to reorient capital flows toward sustainable investment and manage financial risks from climate change, …

US Defense Operations ‘Create More Emissions Than Sweden’

The defense operations of the US create more greenhouse gas emissions than Sweden and Portugal. That’s the conclusion reached in a new study published by Brown University in Rhode Island, which states the Pentagon, which oversees the US military, was responsible for producing approximately 59 million metric tonnes of greenhouse …

Big Pharma Emits More Greenhouse Gases Than the Automotive Industry

Rarely does mention of the pharmaceutical industry conjure up images of smoke stacks, pollution and environmental damage. Yet our recent study found the global pharmaceutical industry is not only a significant contributor to global warming, but it is also dirtier than the global automotive production sector. It was a surprise …

Bill Gates and EU Launch €100m Clean Energy Investment Fund

A new €100 million (£88m) clean energy investment fund has been launched by a fund led by Bill Gates, the European Commission and European Investment Bank (EIB). Initially announced in October last year, Breakthrough Energy Ventures Europe (BEV-E) will support Europe’s best clean energy entrepreneurs whose solutions can deliver “significant …

Most Technologies and Sectors ‘Not Keeping Pace with Long-Term Energy Goals’

Most technologies and sectors are not keeping pace with the long-term goals of the clean energy transition. That’s according to the International Energy Agency (IEA), which suggests many types of energy asset are not adequately working towards its Sustainable Development Scenario (SDS) targets to tackle climate change, deliver energy access …

Your Favorite Playlist Has a Carbon Footprint

You would think streaming music is more eco-friendly than CDs, tapes and records, right? Afterall, there’s no waste. A new study by the Universities of Glasglow and Oslo calculated the carbon footprint associated with downloading and streaming music and the answer is surprising. According to data from 2015 and 2016, …

Finnish Bus Operator Introduces Voluntary Surcharge for Greener Transport

Finnish bus service provider Savonlinja has announced it is introducing a voluntary surcharge on the ticket price for customers for low-emission journeys. Called Green Travel, it is being launched in partnership with Neste on all long-distance travel to reduce the bus operator’s greenhouse gas emissions. Customers can decide on the …