In a resolute bid to cement the United States' stance on climate action, President Joe Biden recently announced an ambitious new goal to reduce greenhouse gas (GHG) emissions by 61% to 66% by 2035, relative to 2005 levels. This target, set in the final days of Biden’s presidency, aims to build on
Starting a transformative chapter in the electric vehicle (EV) industry, StarPlus Energy, a joint venture between Stellantis and Samsung SDI, has finalized a $7.54 billion loan from the Department of Energy (DOE). The funding, declared on December 18, 2024, is allocated for the construction of two
In a recent announcement on Dec. 5, Stellantis and Texas-based Zeta Energy have inked a deal to develop lithium-sulfur (Li-S) battery cells for Stellantis’ future electric vehicles (EVs). This collaboration targets the advanced technology of lithium-sulfur batteries, which boast roughly twice the
The transition to clean energy is more urgent than ever as the impacts of climate change intensify. However, outdated permitting processes are slowing down the deployment of renewable energy projects. Recent legislative reforms, such as the Fiscal Responsibility Act of 2023 and the proposed Energy
The European Union's (EU) taxonomy for sustainable activities, instituted in 2020, represents a comprehensive framework designed to define and promote sustainability across multiple economic sectors. By setting the foundation for substantial shifts in climate change mitigation and adaptation, the
The United Nations-convened Net-Zero Asset Owner Alliance (NZAOA) has recently called for mandated scope 3 emissions disclosures, asserting that such mandates are essential to enhance data comparability and quality. The Alliance underscores the significance of scope 3 emissions, which, according to
