Energy

Like most big companies with a complex multinational footprint, Anheuser-Busch InBev’s sales slipped in the first quarter and the beer maker is embracing new financial discipline amid the coronavirus pandemic. But the company also has acted quickly to prop up key members of its value chain — from small liquor stores to farmers to restaurants — and the situation has galvanized its
0 Comments
A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020. Dado Galdieri | Bloomberg | Getty Images Oil prices rose on Tuesday, extending gains for a fourth straight session, amid signs that producers are cutting output as promised just as demand picks up, stoked
0 Comments
The fortunes of the oil market have turned around dramatically in the past month. This time last month, investors were watching the futures market in disbelief. The May contract for West Texas Intermediate oil was set to expire, and prices did the unthinkable —  they plunged 300% in one day, deep into negative territory. In the spot market
0 Comments
The novel coronavirus had cases on every continent except Antarctica when it was declared a global pandemic March 11. The crisis was brewing long before, and the United States federal emergency and stay-at-home orders would come after, but it was in that official moment of alarm that consumer behavior, and business’s response to it, changed
0 Comments
Proponents of 3D printing technology and digital manufacturing solutions have been seeking their breakthrough moment for years. It took mere weeks to showcase their potential as enablers of flexible supply chains — capable of decentralizing worldwide production and responding to violent, unforeseen disruption. Every day, there is news of some inspirational pivot that points toward
0 Comments
Although decarbonization of industrial processes remains a big technical challenge, food processing and commodities giant Archer Daniels Midland recently adopted new commitments to cut its absolute greenhouse gas emissions by 25 percent by 2035 — with additional carbon sequestration projects and changes to its transportation fleet figuring largely in that strategy. ADM also has pledged
0 Comments
At first glance, the sprawling industrial site, covering roughly 900 acres in Kingsport, Tennessee, appears to be just another chemical manufacturing facility. There are hundreds of buildings and countless miles of pipes, conveyors, distillers, cooling towers, valves, pumps, compressors and controls. It doesn’t exactly look or feel particularly noteworthy. But something extraordinary is going on
0 Comments
Oil prices turned negative in afternoon trading on Thursday, as optimism that had previously supported prices began to fade. Earlier oil moved higher on several bullish factors, including U.S. companies cutting production, Saudi Arabia raising its official oil selling price and gasoline demand improving as economies around the world reopen. But oil couldn’t hold onto early
0 Comments
Procter & Gamble’s Tide laundry detergent brand first introduced in January 2019 its “Eco-Box,” which has been compared to a wine box because of its design made from paperboard with a tap for dispensing, in an effort to reduce the plastic in its packaging. In mid-May, the Eco-Boxes are becoming available for other fabric care
0 Comments
An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma. Tom Pennington | Getty Images Oil prices rose on Thursday after U.S. inventories swelled less than expected, but market watchers predicted further gains could be capped by the ongoing glut in crude supplies as the coronavirus pandemic crushes
0 Comments
Since mid-March, as the economic impact of the coronavirus pandemic infected certain sectors of the U.S. economy, more than 200 U.S. startups have cut thousands of jobs. While they’re not immune to the forthcoming fiscal challenges, entrepreneurs developing solutions for addressing climate change — from agtech to decarbonization to clean energy and more — are among
0 Comments
Editor’s note: In his April 7 column, “Can we flatten the curve on climate?” GreenBiz Group Executive Editor Joel Makower asked for readers’ comments on his suggestion to borrow the concept of “flattening the curve” from the COVID-19 pandemic and apply it to climate change. This was among the many reader responses. My first reaction
0 Comments
pedrosala | iStock | Getty Images A vast renewable energy scheme has been recommended for environmental approval by Western Australia’s Environmental Protection Authority (EPA). The Asian Renewable Energy Hub is a planned development in the East Pilbara area of Western Australia. Set to cover 6,500 square kilometers of land, it’s envisaged that the project will
0 Comments
Week in Review Commentary on this week’s news highlights begins at 7:05. Downturn signals opportunity for climate-aligned investing Amazon’s commitment to working forests and how businesses can really protect trees  The state of the sustainability profession in uncertain times (commentary from John Davies, senior analyst at GreenBiz; Peggy Brannigan, senior program manager, global environmental sustainability
0 Comments