Volvo’s strategy change hints at declining demand for electric vehicles
Swedish car maker Volvo has announced that it is reining back on its strategy to only produce electric vehicles by 2030, as demand slows.
Europe
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August 2024 was the joint-hottest on record, study finds
The average global surface air temperature hit 16.82°C in August 2024, making it the joint-hottest August both globally and in Europe.
Close to 25% of European landscape could be ‘rewilded’, study finds
Close to a quarter of the European continent is ‘primed with rewilding opportunities’, a new study has found.
Greenhouse gas emissions in Europe fell by 4.0% in the first quarter of 2024
Greenhouse gas emissions were down by 4.0% in the European Union in the first quarter of this year, totalling 894 million tonnes of CO2-eq.
ESG funds continue to prove attractive for investors, study finds
Despite a backlash from some quarters, ESG investing continues to grow, with ESG funds outperforming traditional and exchange-traded funds.
Norway leads the charge for electric vehicle use in Europe
Norway boasts the highest electric vehicle use in Europe, with just over a fifth (20.12%) of all vehicles in the country being electric.
Greenhouse gas emissions down 22% in European Union compared to 2008
Greenhouse gas emissions generated from economic activities in the European Union were 22% lower last year than they were in 2008.
European Parliament adopts report on certification framework for carbon removal
The European Parliament has adopted its final report on a proposal to establish the first EU-level certification framework for carbon…
North American firms ‘three times more likely’ to violate UN environmental standards
Companies operating in the United States and Canada are three times more likely to risk violating United Nations environmental standards,…