article thumbnail

UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

Green Car Congress

The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. —Ryan et al. —Ryan et al.

Climate 428
article thumbnail

Polestar announces goal of climate-neutral car by 2030

Green Car Congress

Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. The company made the announcement in its first annual review. Environmental experts have warned that offsetting is not sustainable in the long run. Offsetting is a cop-out.

Climate 389
article thumbnail

Cylib Closes €55M Series A For Industrial Scaling

CleanTechnica EVs

The investment round is the largest ever raised by a European battery recycling company Leading automotive, industrial, climate and deep tech investors join forces for the first time to back next-generation battery recycling technology company cylib to support a resilient and sustainable battery infrastructure in Europe World Fund, Porsche Ventures, (..)

article thumbnail

Amazon invests in electrofuels company Infinium

Green Car Congress

Infinium, an electrofuels solution provider, announced the close of a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust.

Companies 435
article thumbnail

Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

Green Car Congress

Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company.

Companies 446
article thumbnail

CARB and truck and engine manufacturers announce partnership to meet climate and emission reduction goals

Green Car Congress

Daimler Truck North America; Ford Motor Company; General Motors Company; Hino Motors Limited, Inc.; The Clean Truck Partnership, which includes Cummins, Inc.; Isuzu Technical Center of America, Inc.; Navistar, Inc.; PACCAR Inc.; Stellantis N.V.; Isuzu Technical Center of America, Inc.; Navistar, Inc.; PACCAR Inc.; Stellantis N.V.;

Emissions 305
article thumbnail

Bridgestone awarded $35M USDA Climate-Smart Grant to advance guayule natural rubber production

Green Car Congress

The US Department of Agriculture has awarded Bridgestone and several partners a $35-million grant to continue its investment in desert shrub guayule ( earlier post ) to advance a climate-smart domestic rubber industry and offer a solution for growers amid the ongoing water crisis in the Southwestern US.

Grant 195