"Intensity doesn't measure total greenhouse gas emissions, but Exxon expects the combined targets to reduce absolute emissions by roughly 20%."
Nissan to Spend $17.6 Billion on Battery-Powered Vehicles Over Five Years
"Beyond that, Nissan is investing more than $1 billion in solid-state batteries, which will replace the liquid electrolyte used in current lithium-ion batteries with a solid one. That technology allows batteries to be lighter and safer, Nissan said. The car maker aims to have its version in production by 2028."
300 companies chart path for CO2-free energy technology
"The alliance, whose members also include Microsoft Corp., Walmart Inc., Amazon.com Inc. and General Motors Co., is specifically seeking to channel financial support to clean energy options such as long-term batteries, geothermal energy, hydrogen fuels, hydropower installations on existing dams, CO2 capture from gas-fired power plants and new nuclear reactor projects to help jump-start these technologies."
While Travel Was Quiet, JetBlue Was Busy with Sustainability
"During COVID, JetBlue, having led the industry for some time when it comes to sustainability, announced several ESG targets — including net zero by 2040, as well as a set of short-and medium-term targets to help them get there. We had a chance to ask Carl Otto, JetBlue’s Senior Analyst of Sustainability and ESG, how they’ll do it."
Ikea says it will eliminate plastic packaging by 2028
"The company previously explored mushroom-based packaging to replace styrofoam, for example, though for now, it’s too difficult for manufacturers to produce the scale of packaging Ikea needs. Other startups are exploring packaging materials made from waste from the food industry, from coconuts to the byproducts of beer brewing. Ikea is also beginning to use waste from its own production in some packages, such as packaging for textiles sewn from scraps of the material."
U.S. to release oil from reserves in coordination with other countries to lower gas prices
"Prices at the pump have followed the ascent, and are currently hovering around their highest level in seven years. The national average for a gallon of gas stood at $3.409 on Monday, according to AAA, up from $2.11 one year ago. Crude prices make up between 50% and 60% of what consumers pay to fill up their tanks, AAA said."
Mangrove Lithium Closes USD $10M Series A Led By Breakthrough Energy Ventures
"Mangrove Lithium, a Vancouver based company, has developed a breakthrough platform for the most cost-effective production of battery grade lithium hydroxide and carbonate from diverse input streams and assets. Mangrove’s modular solution can be scaled to any capacity and co-located with upstream lithium producers or cathode and cell manufacturers."
At COP26, investors steal the stage from diplomats
"The clearest example of this change came last week from former Bank of England Gov. Mark Carney's Glasgow Financial Alliance for Net Zero. The group aims to provide $130 trillion in private capital to the net-zero transition by 2050 and is backed by an army of 450 fund managers, banks, pensions and other asset owners."
Green Growth 50: Learning From Companies Boosting Profits While Cutting Emissions
"This goal might actually be attainable in the next few years as eBay’s biggest clean energy projects yet come online. The White Mesa Wind Project in Texas (a joint venture with Apple, Sprint and Samsung) began operating this year, producing 75 peak megawatts for the four companies, enough to power 20,000 homes."
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