Tag: Alternative and sustainable energy

Cement giant LafargeHolcim is teaming up with GE’s renewables unit on wind turbine recycling 

Daniel Acker | Bloomberg | Getty Images General Electric’s renewables unit and LafargeHolcim, the world’s biggest cement manufacturer, have struck a deal to explore the recycling of wind turbine blades. A memorandum of understanding will see the companies focus on exploring “circular economy solutions.” Business practices connected to the notion of a circular economy have […]

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As electric vehicle sales surge, discussions are now turning to noise and safety

Martin Pickard | Moment | Getty Images Hyperloop, hydrogen-powered trains, and air-taxis. As the 21st century progresses, the way people get from A to B is on the cusp of a significant shift driven by design and innovation. While the above technologies may be a few years off from widespread adoption, that’s not to say […]

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From powerful tidal turbines to huge wave machines, Scotland is becoming a hub for marine energy

LONDON – In mid-May, a prototype wave energy converter weighing 38-metric tons arrived in Orkney, an archipelago located in waters north of mainland Scotland. Later this summer the bright yellow, 20 meter long piece of kit — dubbed Blue X — will be transported to one of the European Marine Energy Centre’s test sites, where […]

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Wall Street banks reveal how to trade the $60 trillion ‘green’ boom

the_burtons | Moment | Getty Images A number of so-called green and socially-responsible stocks have big potential, according to analysts from three investment banks who picked some of their favorites. Morgan Stanley, UBS and Credit Suisse all see significant returns for investors in the space over the long term. It comes as “ESG stocks” (those […]

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‘Green’ stocks are getting hit this year, but this strategist still backs his favorites

The wind energy park “Odervorland” in the district of Oder-Spree in Brandenburg, Germany. Patrick Pleul | picture alliance | Getty Images Stocks tied to the “green transformation” theme are taking a hit so far this year, but one equity strategist is backing a number of them for the long-term. It comes after a bumper rise […]

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Germany’s move to electric vehicles will affect thousands of workers, new study says

The underbody of an ID.3. electric vehicle being worked on at a Volkswagen facility in Dresden, Germany, on January 29, 2021. Matthias Rietschel | picture alliance | Getty Images The shift to electric vehicles could affect thousands of workers in Germany over the coming years, the Munich-based Ifo Institute said Thursday. The Ifo’s study, which […]

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America’s solar workforce fell by almost 7% in 2020, but industry hopes for a significant rebound

This image shows a team of workers installing solar panels on a home in California. adamkaz | E+ | Getty Images More than 231,000 workers were employed by America’s solar industry last year, according to a new report published Thursday, representing a 6.7% decline compared to the year before. Released by the Solar Energy Industries […]

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Amplify to launch ‘clean living’ ETF for new-age sensibilities: CEO

The clean living craze isn’t stopping at corporate America. The trend has now seeped into the exchange-traded fund market, where Amplify ETFs — the firm behind popular thematic funds such as the Amplify Seymour Cannabis ETF (CNBS) and the Amplify Transformational Data Sharing ETF (BLOK) — has now filed for an ETF focused on clean […]

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Governments — ‘not BlackRock’ — should lead the economy away from fossil fuels, economist says

A sign for BlackRock Inc hangs above their building in New York. Lucas Jackson | Reuters Governments should be leading the global economy’s sustainable transformation, not markets, according to author and economist Ann Pettifor. Pettifor, author of “The Case for the Green New Deal,” told CNBC on Friday that a reliance on financial markets to […]

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On an island north of Scotland, tidal power is providing juice for electric vehicles

An electric vehicle charging point which uses tidal energy has started operations, providing road users on an island north of mainland Scotland with a new, renewable option for running their cars.   The facility is located on Yell, which is part of Shetland, an archipelago of roughly 100 islands. The charging point gets its electricity from […]

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