Business/Finance

Written by: Kimberly White BP has announced it will cut oil and gas production 40 percent over the next decade.  The announcement follows the oil giant's reported $16.8 billion quarterly loss. Fossil fuel consumption has fallen drastically amid the COVID-19 pandemic.  The...

Written by: Hans Nicholas Jong Environmental watchdogs have welcomed a zero-deforestation pledge by South Korean trading giant POSCO International with regard to its palm oil operations in Indonesia’s Papua province, following years of razing the land. Under its “No Deforestation,...

Written by: Kimberly White  Severe weather cost Scottish farmers millions last year. According to a report commissioned by WWF Scotland, Scottish farmers lost up to £161 million in 2018.  Livestock and cereal crops were significantly impacted. Cereal crop production was down...

Written by: Kimberly White  Countries from around the world have pledged more than $9.7 billion to replenish the Green Climate Fund (GCF).  The Green Climate Fund was established in 2010 by the 194 countries who are parties to the United Nations...

Written by: Kimberly White Goldman Sachs has announced a $750 billion pledge to sustainable finance initiatives that combat climate change. The $750 billion will be dispersed over the next decade and focus on financing, investing, and advising activity related to...

Written by: Kimberly White National Geographic and Sky Ocean Ventures have teamed up to launch a global search for innovative solutions to tackle the world’s single-use plastic crisis. The year-long competition is open to both individuals and teams. The Ocean Plastic Innovation Challenge...

Written by: Kimberly White  Alaska Airlines has taken another step in its sustainability journey. The airline announced its new #FillBeforeYouFly initiative in an effort to change flyer behavior and reduce the use of single-use plastics inflight. The initiative calls on...

Written by: Kimberly White Google has pledged to no longer build custom artificial intelligence (AI) tools for oil and gas companies to extract fossil fuels from around the globe.  In an interview with theCUBE, Google Cloud managing director Will Grannis stated...

Written by: Kimberly White The San Francisco-based rideshare company Lyft is making it easier for their riders to reduce their carbon footprint. Earlier this week, Lyft announced the new Green Mode option. In 2019, the popular rideshare company will introduce thousands of electric...

Written by: Teresa Hartmann Nature-based solutions (NbS) refers to the protection and management of natural and modified ecosystems such as forests, agricultural land, peatlands, mangroves and oceans, while addressing societal and economic challenges effectively. NbS and other ecosystem-based approaches have manifested...