Norways hits electric car target

Norway's aim to have one in ten domestic cars running on electricity will be achieved within a few months. The next step will be in 2025, when a big, round 0 percent of all new personal vehicle sales will feature internal combustion engines.

BMW open for more green marine fuel pilot tests

In collaboration with companies like Maersk, BMW will develop a new ship fuel based on a mix between ethanol and lignin. The automaker, which has just joined a coalition for CO2-free ships, is open to entering more similar trials, the company says in an interview with EnergyWatch's sister media, ShippingWatch.

Blackrock to shun polluters in fight against climate change

Major US asset manager Blackrock means to give up investments with "sustainability-related risk" and launch new products to screen fossil fuels, the firm's CEO writes in an annual letter to executives. The firm entered the Climate Action 100+ group last week, joining hundreds of investment managers in pressuring GHG emitters to reduce their climate footprints.

Green Mobility rolls into Belgium

The Danish carsharing firm has received a green light from authorities and will now deploy its business concept in Antwerp via a joint venture.

Blackrock joins USD 41 trillion investor climate campaign

The New York-based major asset manager now adds its hefty influence of USD 7 trillion in AuM to the Climate Action 100+ investor group, putting even more pressure on big greenhouse gas emitters and fossil fuel companies and adding serious investment capital to climate change mitigation projects.

Tesla's market value now exceeds General Motors and Ford combined

The upswing continues for US electric vehicle maker Tesla, whose value now exceeds the combined worth of the two conventional US car makers General Motors and Ford. This in spite of Tesla having delivered markedly lower revenue and smaller earnings than the two leading firms.

Occidental to stash CO2 at cement plant

A cement producer partners with, among others, major oil companies Total and Occidental to explore the possibilities for a new CCS technology that could end up helping both crude extractors and concrete makers.

Tesla shorters have lost USD 3bn since 2018

In this year's first two trading days, short sellers have lost USD 900 million on Tesla's equity, which appreciated 3.7 percent since the presentation of last year's sales figures.

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