For years, the Western world saw profits in new green and renewable energy sectors and sang from their hymn book on the need to reduce carbon footprints by ditching fossil fuels, or to avoid a potential Chernobyl-style environmental catastrophe by ditching nuclear power. Western officials were going to either earbend their …
Read More »Senators want Pentagon to be more green
Citing the US military’s carbon emissions footprint, a group of senior Senate Democrats officially introduced a bill on Monday that would require the Pentagon to buy electric vehicles starting later this year. Spearheaded by Elizabeth Warren (D-Massachusetts) and Mazie Hirono (D-Hawaii), the Military Vehicle Fleet Electrification Act would apply to …
Read More »Italian companies should be allowed to buy gas in rubles – ‘green’ minister
Italian Minister of Ecological Transition Roberto Cingolani told Politico on Monday that Italian companies should “go ahead and pay in rubles” for Russian gas, as Moscow has demanded. Although his ministry later said that it does not back such a move, 10 EU nations are reportedly planning to do the …
Read More »China gives green light to Pfizer Covid pill
China has given conditional approval to the importation and use of Pfizer’s Covid-19 antiviral pill Paxlovid. The Chinese drug regulator noted, however, that further research into the medicine is needed for it to be granted general approval. China’s National Medical Products Administration announced on Saturday that it had “conducted an …
Read More »Study blames top companies for exaggerating their ‘green’ achievements
A report released on Monday suggests that environmental obligations made by 25 of the world’s largest corporations largely fail to put forward their declared “zero emission” and “carbon neutral” goals. The study by the Corporate Climate Responsibility Monitor also concluded that the companies’ climate pledges require more detailed evaluation, as …
Read More »Moscow gives green light for new showdown with Washington
Russia’s top diplomat Sergey Lavrov is set to go head-to-head with US Secretary of State Antony Blinken in Switzerland on Friday, Moscow has confirmed, amid strained relations with Washington. Speaking during a briefing on Thursday, the spokeswoman for Russia’s Foreign Ministry, Maria Zakharova, disclosed that the two envoys will negotiate …
Read More »Digital yuan given green light by Chinese tech giant
Chinese technology conglomerate Tencent has reportedly added support for digital yuan to its WeChat Pay wallet, granting users the option to pay using China’s central bank digital currency (CBDC). To use the CBDC in transactions, WeChat users need to have already verified their identity via the e-CNY app, the digital …
Read More »Metamobility, robots & green cars: CES kicks off in Las Vegas
The Consumer Electronics Show (CES) threw open its doors in Las Vegas on Wednesday, despite a surge in Covid-19 cases prompting a number of last-minute big-name cancelations. “Despite a few well-publicized cancelations amongst our exhibitors, we have over 2,200 here at CES 2022 in Las Vegas, and all of them …
Read More »‘Green’ label for nuclear & gas ‘absolutely wrong,’ German minister says
Proposals by the European Commission to label some natural gas and nuclear energy projects as ‘green’ have been heavily criticized in Germany. The country’s environment minister called them “absolutely wrong.” The draft regulation, which may be officially proposed later this month, suggests labeling natural gas as ‘transitional energy’ if it produces …
Read More »EU proposes green label for nuclear & gas
Brussels has drawn up plans to label some natural gas and nuclear energy projects as ‘green’ investments as part of a landmark EU classification scheme to help financial markets decide which investments are truly climate-friendly. The EC may propose the regulation as soon as sometime in January, deciding whether gas …
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