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Exxon's Predictions For 2050: Oil And Gas Continue To Dominate, Climate Goals At Risk
Monday, August 28, 2023 - 4:20pm | 537Exxon Mobil Corp. (NYSE:XOM) is sharing a concerning projection that the worldwide efforts to reduce emissions might fall short of limiting global warming to the desired 2 degrees Celsius above pre-industrial norms by 2050. This is attributed to fast-paced economic growth, particularly in...
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Biden Administration May Approve Phasing Out Of Diesel Trucks In California: Report
Tuesday, March 21, 2023 - 7:50am | 430The Joe Biden-administration is reportedly expected to greenlight California's latest regulations aimed at reducing tailpipe emissions and eliminating the sale of trucks that run on diesel fuel. What Happened: According to three individuals briefed on the matter, the Environmental Protection Agency...
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BlackRock's Eco-Friendly Stance Upsets Republicans, $1B Pulled In ESG Protest: Report
Monday, October 10, 2022 - 9:28am | 439BlackRock Inc. (NYSE: BLK), the world’s biggest asset manager, is reportedly facing a backlash over its environmental, social and governance, or ESG, initiatives. What Happened: Republican-ruled U.S. states have withdrawn more than $1 billion in assets held with BlackRock due to their...
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How China's Focus On Low Emissions Could Affect Industrial Metals
Monday, September 13, 2021 - 10:17am | 1099China has announced bold targets to curb its carbon emissions, but the country will need to embrace significant policy challenges to end its heavy reliance on fossil fuels. The transition to a low-carbon economy is also likely to impact the demand and price of metals, such as copper, aluminum, and...
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Locomation's Autonomous Truck Platform Promises Serious Cost, Emissions Savings
Friday, September 3, 2021 - 3:19pm | 893Carrier profitability is tight. The driver shortage is worsening. Sustainability efforts are in the spotlight with a focus on the greening of commercial transportation. Trucking industry insurance rates continue to climb due to fatal accidents and costly verdicts. While there are technological...
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GreenCarNewsBreaks – Ideanomics Inc.'s (NASDAQ: IDEX) WAVE Subsidiary Names Accomplished Clean Transportation Exec As CEO
Thursday, August 26, 2021 - 12:10pm | 920The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Ideanomics’ (NASDAQ: IDEX) subsidiary, WAVE, a leading high-power inductive charging solution provider for medium- and heavy-duty...
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Amazon Report: Emissions Are Up, Carbon Intensity Is Down
Friday, July 9, 2021 - 1:15pm | 916Amazon's (NASDAQ: AMZN) carbon emissions went up in 2020, but its carbon intensity went down, according to the company's recent sustainability report. Amazon's overall carbon emissions increased by 19% in 2020, the report said. This is not surprising considering the company's emissions from...
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Dutch Court Rules Shell Must Reduce Emissions 45% By 2030
Thursday, May 27, 2021 - 12:35pm | 1269The District Court of The Hague in the Netherlands on Wednesday ordered Royal Dutch Shell (NYSE: RDS-A) to reduce its carbon dioxide emissions by a net 45% compared to 2019 levels by the end of 2030. Friends of the Earth Netherlands (Milieudefensie), six other organizations and more than 17,000 co...
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New Regulations Target Truck Emissions At Southern California Warehouses
Monday, May 24, 2021 - 10:47am | 1557A process four years in the making to regulate the emissions of truck traffic in and out of Southern California warehouses reached its end earlier this month with the adoption of a new rule that the warehouse industry says will ratchet up costs in the sector. The South Coast Air Quality Management...
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Schneider Targets 60% Drop In CO2 Emissions Per Mile By 2035
Friday, May 14, 2021 - 1:22pm | 607Schneider National (NYSE: SNDR) is driving toward a 7.5% reduction of CO2 emissions per mile by 2025 and a 60% reduction of CO2 emissions per mile by 2035. Sustainability goals were laid out in the trucking, logistics and intermodal service provider's first corporate responsibility report, which...
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Cummins Testing Cylinder Skipping To Reduce NOx Emissions
Wednesday, April 22, 2020 - 3:54pm | 742Cummins Inc. (NYSE: CMI) is testing the same technology that boosts fuel economy in passenger vehicles to see whether it can dramatically reduce smog-forming oxides of nitrogen (NOx) emissions from heavy-duty trucks. The Columbus, Indiana-based engine maker is unsure whether Diesel Dynamic Skip...
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Push To Zero Emissions Might Be Opening A Door For Propane Engines
Tuesday, March 31, 2020 - 9:09am | 974Nearly 500,000 United States Postal Service (USPS) employees are entrusted with delivering mail to every residential and business address in the U.S. each day. Much of that mail, though, first moves on contractor vehicles that transport it from distribution center to distribution center, and then...
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CSX, Union Pacific, Canadian National Pledge To Reduce Emissions
Thursday, March 19, 2020 - 4:52pm | 487Union Pacific Corporation (NYSE: UNP), CSX Corporation (NYSE: CSX) and Canadian National (NYSE: CNI) are setting goals to reduce their greenhouse gas (GHG) emissions, in part through a pledge with the global initiative Science Based Targets. The overall goal of the three railroads, as well as...
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Los Angeles/Long Beach Ports Approve Container Fee To Spur Clean Truck Usage
Thursday, March 12, 2020 - 9:49am | 1035A report for the dual ports of Los Angeles and Long Beach last month backed implementing a Clean Truck Fee (CTF) at a modest level, calling it "the most prudent course of action" to bring new clean vehicles into the system and provide a fund to help with the goal of that transition. On Monday, the...
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Oregon Governor Signs Executive Order Capping Greenhouse Gas Emissions
Wednesday, March 11, 2020 - 4:00pm | 572Oregon Gov. Kate Brown signed an executive order Tuesday aimed at reducing greenhouse gas emissions after legislative efforts to pass a cap-and-trade bill failed for the second year in a row. The directive seeks to cut carbon emissions by at least 45% below their 1990 levels within the next 15...