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Shell's Board of Directors Sued for ‘Failing to Properly Prepare' for the Energy Transition
The case is thought to be the first time ever that a company’s board has been challenged over its failure to adequately prepare for the energy transition.
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‘Most Important Climate Deal Since Paris': UN Agrees Treaty to End Scourge of Plastic Pollution
It is hoped an agreement to address the growing problem of plastic waste in the world’s oceans, rivers and landscapes can be reached by the end of 2024.
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BP CEO Says Oil and Gas Giant Is a ‘Greening Company,' Refutes Greenwashing Accusations
Bernard Looney’s remarks were made during a panel discussion in Cairo, Egypt where he spoke about issues relating to the energy transition.
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UAE's DP World Commits £1 Million to Prince William Foundation's Earthshot Prize Finalists
“This is the decisive decade,” Prince William said at the Dubai Expo site during an event celebrating some of the contest’s finalists.
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Sustainable Aviation Fuel Costs More But Consumers Will Be Willing to Pay, IATA Chief Says
Looking ahead, Willie Walsh said airlines had ordered 14 billion liters of SAF.
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Nissan Exec Says New European Emissions Rules Will Make Combustion Engine Unviable
Ashwani Gupta made his comments during an interview with CNBC’s “Squawk Box Europe”.
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Shell's Massive Carbon Capture Facility in Canada Emits Far More Than It Captures, Study Says
Shell’s Quest plant in Alberta, Canada has previously been touted as a “thriving example” of how CCS is working to significantly reduce carbon emissions.
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Nissan to Invest $17.6 Billion Over Next Five Years to Ramp Up Electric Vehicle Offering
Nissan CEO Makoto Uchida says the company is focusing on the in-house development of all-solid-state batteries.
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Ex-Unilever CEO Takes Swipe at Australia, Says It Would Be ‘Stupid' Not to Phase Out Coal
While it remains an important source of electricity, coal has a substantial effect on the environment.
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Fashion Icon Diane Von Furstenberg: ‘I Don't Have Many Sins, But I Do Have a Lot of Ecological Sins'
Fashion designer Diane von Furstenberg told CNBC that it’s important to be aware of our ecological shortcomings, in order to achieve progress on sustainability.
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NTSB Head Criticizes Tesla's Self-Driving Features, Calls Them ‘Misleading'
NTSB Chairwoman Jennifer Homendy called the company’s use of “Full Self-Driving” for its latest driver-assist systems “misleading.”
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Americans Are Buying Teslas, Not EVs, But Experts Say That's About to Change
An influx of EVs — from a couple dozen today to estimates of hundreds by 2025 — are expected to eat away at Tesla’s market share over time.
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India's Mahindra Group Expects 50% of Vehicles Sold by 2030 to Be Electric
The market for battery-powered vehicles in India is still at a nascent stage, in large part due to high costs associated with owning an electric vehicle.
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Sustainable Jet Fuel Targets Could Push Food Prices Higher, Ryanair CEO O'Leary Warns
Despite his concerns, Michael O’Leary tells CNBC that ambitious targets need to be put in place.
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The World Won't Be Able to Reach Carbon Neutrality Without Asia, Suntory CEO Says
The world needs Asia to address climate change — if not, net-zero emissions will be out of reach, Suntory CEO Takeshi Niinami said at CNBC’s
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‘No Commercial Case for Green Hydrogen' Yet: Siemens Energy CEO
Christian Bruch made his comments during a discussion at CNBC’s Sustainable Future Forum.
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Maldives Calls for Rapid and Immediate Action to Fight Climate Change
The world’s largest carbon emitters are not listening to what’s happening to countries facing extreme weather, said the minister of environment in Maldives.
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Ford Adds Jobs to Increase Production of Electric F-150 Pickup; Reservations Top 150,000
Ford Motor is increasing production capacity for its upcoming F-150 Lightning pickup as it begins building prototypes of the electric vehicle.
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‘Win Their Hearts and Minds': Nestle CEO on Plans to Address Young Consumers' Sustainability Concerns
A major food and beverage company, Nestle has a significant environmental footprint.
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Britain's Economy Is Already Seeing a Rapid Shift Due to Climate Change
Climate change could spark major shifts in British produce in the coming decades as the country attempts to avoid a “catastrophic” environmental fallout.