“This is going very, very fast, ” says Paul Polman. Read More
Tag: Coal
What the CEOs of Walgreens, Hilton and Progressive think about the Great Resignation
Also: Bobby Kotick, gas probe, and the right to repair. Read More
Resiliency, climate and China: Lessons from Day 2 of the Fortune CEO Initiative
Also: Pfizer antiviral, Amazon vs Visa, and experimental nuclear. Read More
Albert Bourla explains how Pfizer moved so quickly to create its COVID-19 vaccine
Also: European gas, COP26 takeaways, and DeFi vigilantes. Read More
Why treat capital gains differently when the world is awash in capital?
Also: Shell structure, Chinese coal and Russia fears. Read More
Coal bucks 15-year decline in US with 22% increase as natural gas prices rise
Enlarge / Heavy equipment moves coal into piles at PacifiCorp’s Hunter coal-fired power plant outside of Castle Dale, Utah. (credit: GEORGE FREY / AFP ) The US is expected to burn 22 percent more coal than last year, marking the first annual increase in the use of the polluting fossil fuel since 2014, the Energy […]
Old coal plant is now mining bitcoin for a utility company}
Enlarge (credit: Aurich Lawson / Getty) Bitcoin’s massive power consumption is the cryptocurrency’s dirty secret. To mine bitcoin, computers across the globe chew through enough electricity to power a medium size country, somewhere on the order of the Netherlands or Poland depending on the particular estimate. In fact, electricity has become such the significant factor […]
China to stop building coal plants in developing nations
Enlarge / Coal plants at the end of the line? (credit: Ryan Pyle / Getty Images) Chinese President Xi Jinping used his speech to the United Nations General Assembly to announce a major new step towards controlling global emissions. After reiterating his own country’s climate pledges, Xi said that China would start making it easier […]
China’s carbon pollution now surpasses all developed countries combined
Enlarge (credit: Getty | AFP) Carbon pollution from China’s bustling, coal-intensive economy last year outstripped the carbon pollution of the US, the EU, and other developed nations combined, making up a whopping 27 percent of all greenhouse gas emissions worldwide. As China’s economy has grown in the last 30 years, so too have its emissions. […]
Coal miners’ union lobbies for jobs in renewable energy
Enlarge (credit: Matt McClain/The Washington Post via Getty Images) What if the British crown had offered the Luddites a retraining program and the promise of good-paying factory jobs? Perhaps they would have accepted the textile transition? That’s essentially what the nation’s largest coal miner union is suggesting. In exchange for job retraining, wage replacement, and […]