Northvolt Aims for the Greenest Batteries in the World

Nortvolt, a Swedish company founded by two former TESLA employees recently secured $1,6 billion to finance the construction of two Gigafactories, battery manufacturing plants. The locations for Northvolt One is Skellefteå, Sweden, and Northvolt Two in Salzgitter, Germany. A consortium of companies, financial institutions, and governments, including Volkswagen, BMW,  UniCredit Bank Austria, and the German…

Why Now is a Good Time to Buy Volkswagen Shares

After World War 2, the Volkswagen factory in Wolfsburg, Germany was under British occupation. The future of the automaker was unclear, the Volkswagen company which was formed during the war years, only built a few hundreds of private cars, and otherwise was focused on delivering military vehicles. Since the factory was originally constructed to built…

Why the Coronavirus Oil Crash is Good

Update 3/11/20 OilPrice: As a result, the immediate victim will be U.S. shale. “[O]il should bottom out when producers begin physically shutting in wells, which is indeed what set the floor four years ago,” the investment bank added. The carbon bubble is a hypothesized bubble in the valuation of companies dependent on fossil-fuel-based energy production, because the true costs of carbon…

G20: World Leaders Stand United against Donald ‘Climate Villain’ Trump

The Leaders of the G20 met in Osaka, Japan from 28-29 June 2019, and declared united efforts to address major global economic challenges, to foster global economic growth, while harnessing the power of technological innovation, in particular digitalization, and its application for the benefit of all. The G20 had been at risk of ending without a…

German’s Leading Party Blocks CO2 Tax

The CDU is Germany’s leading party, even though losing big stakes in recent elections to the far-right and the Green party. The current debate in light of Germany’s lack of climate change actions, let alone leadership, centers around taxation of carbon dioxide emitting fossil fuels. A carbon tax is a tax levied on the carbon content of fuels.[1] It is a form…

Oil Wars, Fossil Fuel Subsidies and the Global Climate Crisis

An oil war is a conflict about petroleum resources, or their transportation, consumption, or regulation. The term may also refer generally to any conflict in a region that contains oil reserves or is geographically positioned in a location where an entity has or may wish to develop production or transportation infrastructure for petroleum products. Historically,…

Climate Leaders talk at Davos World Economic Forum

Panel discussion on climate leadership at the World Economic Forum, January 24, 2019. Speakers Andy Serwer (Editor in Chief Yahoo Finance) Mark Rutte (Prime Minister of the Netherlands) Christian Mumenthaler (CEO Swiss Re) Feike Sybesma (CEO Royal DSM) Rachel Kyte (UN Sustainable Energy) Ma Jun (Chairman China Green Finance) According to the UN Intergovernmental Panel…

Extreme Weather + Lack of Climate Action top Davos Global Risks Report 2019

The world is facing the increased risk of political confrontations between major powers, which is hindering solutions to challenges like climate change, according to the The WEF report, called the Global Risks Report 2019. https://www.cnbc.com/2019/01/16/davos-founders-warn-of-rising-tension-between-the-worlds-superpowers.html Read the report https://www.weforum.org/reports/the-global-risks-report-2019 Extreme Weather Lack of Climate Action top Davos Global Risk The world is facing the increased…