California's attorney general, Rob Bonta, is taking the fight to the oil and gas industry, but over plastics. His office announced an investigation and issued a subpoena to ExxonMobil over its role in the plastics crisis. Bonta said, "In California and across the globe, we are seeing the catastrophic results of the fossil fuel industry's decades-long campaign of deception. Plastic pollution is seeping into our waterways, poisoning our environment and blighting our landscapes," according to a press release from his office. He says the truth is the vast majority of plastic cannot be recycled and the recycling rate has never surpassed 9%. Every week we consume the equivalent of a credit card worth of plastic through the water we drink, the food we eat, and the air we breathe. According to the complaint, in the 1950s, 1.5 million tons of plastic were produced annually. Today, that number has skyrocketed to more than 300 million tons. Uber is stepping up its electric vehicle plans in the … [Read more...] about Responsibilities of Responsible Investing
Grain oriented electrical steel
More than 250 smallcaps witness double digit fall as market tanks nearly 4%
Indian stocks remained under selling pressure for the second consecutive week and lost nearly 4 percent amid high volatility. Weak global markets, continued FIIs selling, soaring inflation, rising bond yields and expectations of further monetary tightening by the global Central Banks remained big concerns for investors. For the week, BSE Sensex declined 2,041.96 points (3.72 percent) to close at 52,793.62, while the Nifty50 shed 629.05 points (3.83 percent) to end at 15,782.20 levels. In the month of May so far, Sensex and Nifty have lost more than 7 percent each. During the week gone by, all the sectoral indices ended in the red with BSE Metal and Power indices falling 13 percent each. BSE Telecom index shed 6.7 percent and Realty index declined 5.8 percent. In broader market, the BSE Mid-cap index lost 5.6 percent, Small-cap index shed 6.5 percent and Large-cap Index declined 4.4 percent. “Monday’s session started on a nervous note as global sentiments remained nervous … [Read more...] about More than 250 smallcaps witness double digit fall as market tanks nearly 4%
Lavaforming: One architect’s wild idea to construct buildings from molten lava
When I first sat down to speak with the Icelandic architect Arnhildur Pálmadóttir, I was a little skeptical. Since 2018, her firm, SAP , has been researching how to harness molten lava from Iceland’s myriad volcanoes, and use it as a natural building material. advertisement advertisement The concept seemed wildly eccentric, but the more she spoke, the more I realized something. If humans can drill for oil 20,000 feet beneath the ocean, why couldn’t we put in the same kind of effort to harness another material that springs from the earth? Currently, construction and building materials are responsible for 11% of annual global CO2 emissions . This has resulted in a growing movement among architects and developers to use materials that have a lower carbon footprint than concrete and steel, and are sourced locally: Think adobe for much of Africa, bamboo for China, and even agave waste for Mexico. advertisement Now, the architect … [Read more...] about Lavaforming: One architect’s wild idea to construct buildings from molten lava