Green tech ventures are on the rise in Europe and the US. In 2021 alone, they raised over $111 billion globally. Their main goal is to reduce emissions and “remove carbon from the atmosphere”, accelerating the transition towards net zero…
All posts filed under “Energy”
The Rise of Divestment (Part II)
In December 2021, the Center for American Progress and the Sierra Club reported that “8 major US banks and 10 major US asset managers financed the equivalent of nearly 2 billion tons of carbon dioxide in 2020”. This is more…
The Rise of Divestment (Part I)
Paradoxically, despite claiming responsible business conduct, the world’s top 60 banks have invested 3.8 trillion in fossil fuel firms since the 2015 Paris climate agreement, thus exacerbating the climate crisis. To counteract its negative impact, an increasing number of banks…
Waste = Profit and More
The European Commission has announced that it is going to prepare a sustainability strategy to coordinate waste management at the EU level. At the moment, the average EU recycling rate is about 40%. This means that it is still a…
The Energy Market of the Baltic Region Closer to the EU
On October 15, a grant agreement on the Gas Interconnector Poland–Lithuania (GIPL) was signed in Brussels. It is the first gas pipeline which will connect the Eastern Baltic Sea region to Continental Europe. The agreement parties are the national gas…