Major manufacturers like Tesla and General Electric are facing a severe shortage of ethically sourced cobalt, and the metal is expected to increase in demand by 500%, says OilPrice.com. Amazon, too, needs the metal for its Kindle, and other consumer electronics are contributing to the demand and resulting shortage of supply. Tesla’s … Read more »
As corporations increasingly embed sustainability into their long-term plans and decision-making processes, new business models are emerging that promise to deliver financial and non-financial (such as environmental and societal) values while working toward a net-zero emissions economy. A new paper by Volans, commissioned by the Business and Sustainable Development Commission, … Read more »
What drives Elon Musk? It’s the power of innovation and to make the world better place. While it may sound amorphous, he is applying that ambition to ensure that not only more electric cars get on the road but also that more solar energy gets firmly rooted in the market. His latest: “Solar Roofs,” which consist not of the panels but of the whole roof.
A new ranking of the top 200 companies receiving more than 10 percent of total revenues from clean energy finds that these businesses show a simulated annualized return of 21.82 percent over the past decade. The top 10 companies are Vestas (wind power), Philips Lighting (LED lighting), Xinjiang Gold-A (wind … Read more »
These are tough times for oil giants. They’re up against falling profits and facing threats from alternative fuels and battery technologies as global momentum shifts toward a low-carbon economy. To overcome these challenges, global oil “supermajors” should follow in the footsteps of Total — which bought energy storage company Saft … Read more »