Tag: 1-Minute Roundup

1-Minute Roundup: The Top Stories Shaping Your Industry - Ignite News

From pledge to action? An analysis from BloombergNEF, shows that 111 companies of the climate “focus” list have set net-zero targets: that is two-thirds of the world’s heaviest emitters. Although the climate pledges are impressive, it is the tangible steps that will matter, shares Axios.

NASA launched a new Earth-observing satellite: This satellite will provide a “rich form of data” that will capture changes in the planet’s landscape, which will be vital in understanding and managing Earth’s resources.

Global power shortage: There is a worrying shortage of energy from Europe to China – and beyond, caused by supply restraints from the world’s top producers, which poses threats to supply chains and homes.

How high will they climb? Oil prices rise above $80 a barrel for the first time in three years.

Less talk, more action: Making headlines in the Nordics, the CEO of Ørsted, Mads Nipper, says that a successful energy transition (link in Norwegian) depends not just on technology, but on proper leadership willing to make bold moves.

Norway swings leftward: For the first time in 62 years, all five Nordic nations will soon be lead by leaders from the left side of the political spectrum.

Prep for the UN climate summit: Reuters reports that the US and EU are pursuing a global deal to cut methane emissions by at least 30% by 2030, compared with 2020 levels.

Time to step up! EU Commission President Ursula von der Leyen used her annual state of the union address to call on China and other nations to join the EU’s ambitious plan to deliver on climate commitments and to meet Paris Agreement targets.

Milestone in reversing climate change: Orca, the world’s largest direct air capture and CO2 storage plant, is a first-of-its-kind plant that translates the vision of industrial-scale direct air capture and storage into reality.

Does sustainable investing make any difference? In this podcast, Tariq Fancy, a former Blackrock executive, explains that real change will be lead by the government and not by Wall Street.

World’s hottest temperatures are rising: A global BBC analysis found that the total number of days above 50C (122F) has increased in each decade since 1980.

The most important stories on industrial digitalization, sustainability, and the energy transition from around the world in the past two weeks:

Tipping the iceberg: 7 billion metric tons of rain fell across Greenland between Aug. 14-16, the most in recorded history (dating back to 1950). It’s also the first time that rain, not snow, fell on Greenland’s highest peak. Scientists have spotted signs of “extreme” melting.

Does autopilot come standard? Yara Birkeland, a Norwegian company, has created what it calls the world’s first zero-emission, autonomous cargo ship.

Sunny Europe: Solar panels produced nearly 10% of the EU’s electricity during this year’s sunny summer months. Within the EU, the Netherlands, Germany, and Spain generated the largest proportion of their electricity – nearly one-fifth – from solar power this summer.

Could Tesla charge your Tesla? Tesla wants to sell electricity directly to customers in Texas, according to an application filed by the company this month with the Texas Public Utility Commission.

We’re lacking computer chips: Semiconductors, known as “chips”, power everything from computers, smartphones, cars to gaming consoles. Although the demand is soaring in the US, fewer are being manufactured there.