climate

Emerson sells climate tech unit in $14 bn deal to Blackstone

Emerson Electric will sell a majority stake in its climate technologies unit to Blackstone in a deal that values it at $14 billion. The latest...

How $430 bn Inflation Reduction bill will support green revolution

Joe Biden administration claims that the Inflation Reduction Act, the $430 billion bill signed by the President on Tuesday, will offer the following, among...

Joe Biden signs $430 bn bill offering the biggest climate package

United States President Joe Biden has signed into law a $430 billion bill that is seen as the biggest climate package in U.S. history,...

Intel to raise $1.25 bn through green bond issuance

Semiconductor major Intel announced the pricing of its inaugural green bond issuance, totaling $1.25 billion. Intel will use the proceeds of the green bond offering...

Britain reveals winners to develop greenhouse gas removal tech

Rolls Royce and EDF are among the winners of a total 54 million pounds ($65 million) of funding the British government announced on Friday to help...

Inaction on climate change could cost economy $178 trillion: Deloitte

Inaction on climate change could cost the economy $178 trillion over the next 50 years, or a 7.6 percent cut to gross domestic product...

U.S. launches $3.5 bn program for carbon removal tech

The U.S. Energy Department launched a program on Thursday to fund four large-scale projects across the country that can remove carbon dioxide from the...

Amazon adds 37 new renewable energy projects

Amazon announced 37 new renewable energy projects, as part of its vision to power 100 percent of its operations with renewable energy by 2025. Amazon...