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☆ How a fleet of smart technology recycling trucks could help minimize waste
▼ + stars: | 2023-05-16 | by ( Sponsor Post | Created Wm With Insider Studios | ) www.businessinsider.com time to read: +4 min

"It comes down to clarity," said Brent Bell, vice president of recycling, WM. At WM, we are using technology to help remove the guesswork and educate our customers, so more materials can be captured and used again." Here's how Smart TruckSM works: When WM trucks collect recyclables from customer bins, cameras and sensors scan the materials and capture real-time video of the contents. WM"During our Smart TruckSM pilot, we found the technology and connected educational efforts reduced recycling contamination by more than 20%," said Pam Jansen, a WM director who oversees the Smart TruckSM program. Smart TruckSM and WM's investments are expected to help.

Total capacity of LNG-fired power plants will be 22.4 GW by 2030, accounting for 14.9% of the mix from zero now. The country will have a fleet of 13 LNG power plants by 2030, with the first one scheduled to go online from the fourth quarter next year. At the end of 2020, installed capacity of all coal-fired power plants was 21.38 GW, or 30.8% of the mix. Capacity of coal-fired power plants will increase to 30.13 GW by 2030, accounting for 20% of the mix. WIND By 2030, wind capacity will reach 27.88 GW, including 6 GW of offshore wind capacity.

☆ The US wants to cut carbon emissions from power plants. Here are the 15 states where coal is king.
▼ + stars: | 2023-05-15 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +3 min

The Biden administration proposed steep pollution cuts by coal- and gas-fired power plants. Most US electricity comes from fossil fuels — the sector creates 25% of the nation's emissions. Coal is the most polluting fossil fuel, and plants have been closing over the past decade. Most of the country's more than 3,400 fossil-fuel power plants would have to nearly eliminate their planet-warming greenhouse-gas emissions by 2040 under a proposal announced by the Environmental Protection Agency last week. Coal plants could also opt to shut down in the first half of the 2030s to avoid meeting most or even all pollution caps.

Persons: Biden, it's Organizations: Service, Environmental, Agency, EPA, Biden, US Energy Information Administration, West Virginia —, Missouri —, Wyoming, Kentucky —, Utah —, Indiana —, Dakota —, Nebraska —, Montana —, Wisconsin —, Colorado —, Mexico —, Arkansas —, Michigan —, Minnesota — Locations: Mexico

☆ Chipotle, Papa John's link ESG goals to bonus compensation, and pay practice is moving below the C-suite level
▼ + stars: | 2023-05-14 | by ( Ian Thomas | ) www.cnbc.com time to read: +9 min

Companies are increasingly linking ESG metrics to executive compensation packages. That percentage of Russell 1000 companies linking ESG goals to compensation has quickly grown in recent years, from 14% in 2020 to 18% in 2021 to 28% in 2022. In 2021, Mastercard changed its executive compensation model for its most senior executives, EVPs and above, to link their bonus structure to goals set around carbon neutrality, financial inclusion and gender pay parity. Papa John's took a similar step last year, introducing an ESG bonus incentive for eligible employees and executives for goals around enhancing diversity, equity and inclusion, environmental impact, and its broader mission around cleaner and better ingredients. "For example, if there is an ESG goal around emissions, does a director of finance have any direct oversight or responsibility for how that is achieved?"

☆ Jim Cramer: An economic wave is about to hit that will be fantastic for investors
▼ + stars: | 2023-05-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

Ultimately, I have gotten to know my way around the CPI and it's a sloppy way to figure out pricing. Don't be frightened of the wave of deflation or misinterpret it as anything but fantastic for investors. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ In major milestone, wind power was Britain's largest source of electricity in the first quarter
▼ + stars: | 2023-05-12 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +1 min

The Gwynt y Mor offshore wind farm, in waters off the coast of Wales. The U.K. is home to a mature offshore wind sector. Wind power was Britain's biggest source of electricity in the first quarter of 2023, overtaking natural gas and highlighting the increasingly important role renewables are set to play in the years ahead. According to researchers at Imperial College London, wind turbines provided 32.4% of Britain's electricity in the first three months of the year. Wind turbines, according to the analysis, produced 24 terawatt hours of electricity.

Sembcorp, which is 49.3% owned by Singapore's state investor Temasek Holdings, has hired HSBC (HSBA.L) to run the sale of SembWaste, according to the sources. First-round of non-binding bids are due by early June, said one of the sources, declining to be named as the matter is private. Last year, SembWaste's earnings before interest, taxes, depreciation, and amortization was S$50 million ($37.75 million), one of the sources added. Last year, Singapore's asset manager Keppel consortium bought a 80% stake in environmental services firm 800 Super Holdings for S$304 million. SembWaste is one of three public waste collectors appointed by Singapore's National Environment Agency to provide waste and recyclable collection services to residential, schools and trade premises in the city-state, according to its website.

☆ For Bispo do Rosario, Art Could Only Be a Divine Calling
▼ + stars: | 2023-05-05 | by ( Roberta Smith | ) www.nytimes.com time to read: +1 min

Arthur Bispo do Rosario, a former Marine Corps signalman, boxer, tram cleaner and domestic worker in Rio de Janeiro, had no interest in defining his extensive activities as art. In 1964, he landed back at Juliano Moreira where he remained until his death in 1989 at age 80, working compulsively to prepare for Judgment Day. Bispo and his work gradually became known in Brazil, earning attention from art critics, curators and documentary filmmakers in the 1980s. Wider fame began when he was one of two artists whose work represented Brazil at the 1995 Venice Biennale (the other was Nuno Ramos). Bispo’s efforts were then seen in important surveys like the 2013 Venice Biennale, and a 2003 retrospective in Paris.

☆ Goldman Sachs names a slew of energy companies to buy right now as attitudes shift
▼ + stars: | 2023-05-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Goldman Sachs has identified a number of energy stocks to own ahead of an expected turn in the market's sentiment toward the oil and gas sector. Goldman's analysis comes after the energy sector posted stellar gains last year. Goldman expects a 10% increase in revenue from green investments at these companies this year compared to last year. The trend also indicates that a turning point may be approaching where larger energy companies could attract even more investment if they continue transitioning toward greener practices, the analysts added. Oil and gas companies have also been particularly attractive to investors over the past year thanks to their bumper profits.

☆ Why China’s Censors Are Deleting Videos About Poverty
▼ + stars: | 2023-05-04 | by ( Li Yuan | ) www.nytimes.com time to read: +1 min

A singer vented the widespread frustration among young, educated Chinese about their dire finances and gloomy job prospects, like gig work. “I wash my face every day, but my pocket is cleaner than my face,” he sings. Censors blocked discussions about him, and local authorities were stationed outside his house to prevent journalists from visiting his wife. In 2021, its top leader, Xi Jinping, declared “a comprehensive victory in the battle against poverty.” Yet many people remain poor or live just above the poverty line. With the country’s economic prospects dimming and the people’s increasing anxiety about their future, poverty has become a taboo subject that can draw ire from the government.

☆ Ford CEO says price cuts in EV market 'a worrying trend'
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, May 3 (Reuters) - Ford CEO Jim Farley said Wednesday price cuts in the electric vehicle market "is a worrying trend" after the U.S. automaker dropped prices for its Mustang Mach-E in response to a series of reductions by rival Tesla (TSLA.O). Ford on Tuesday announced a price cut of up to 8% of its Mustang Mach-E electric vehicle, the second cut the automaker announced this year. Farley compared the price war in the EV market to Henry Ford's series of price cuts for the Model T starting in 1913. Ford will follow Tesla price cuts for models such as the Mustang Mach-E that competes head-on with Tesla's Model Y, he said. Ford will train workers for that facility, and will invest in retraining current workers, Farley said.

WASHINGTON, May 3 (Reuters) - Ford CEO Jim Farley said on Wednesday that price cuts in the electric vehicle market were "a worrying trend" after the U.S. automaker dropped prices for its Mustang Mach-E in response to a series of reductions by rival Tesla (TSLA.O). Ford on Tuesday announced a price cut of up to 8% of its Mustang Mach-E electric vehicle, the second cut the automaker announced this year. Farley compared the price war in the EV market to Henry Ford's series of price cuts for the Model T starting in 1913. Ford will follow Tesla price cuts for models such as the Mustang Mach-E that competes head-on with Tesla's Model Y, he said. Ford chose to build a new electric vehicle manufacturing hub near Memphis, Tennessee, in part because the region has cleaner electricity from hydro and nuclear facilities, Farley said.

☆ Barclays downgrades a string of retail stocks as its hopes for a V-shaped recovery fade
▼ + stars: | 2023-05-02 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +3 min

Consumers across all income levels are pulling back on spending, according to a Barclays Capital promotions tracker, prompting analyst Adrienne Yih to downgrade a host of retail stocks. However, Yih said, the pace of sales and discounting suggests that this scenario — a V-shaped recovery — is now less likely. FIGS 6M mountain Barclays downgraded Figs shares to underweight from equal weight. Figs shares shed 6%, Canada Goose fell more than 5% and Victoria's Secret was down more than 3%. CPRI YTD mountain Capri shares have fall 31% since the year started.

☆ Column: China's manufacturing wobble may drive coal use even higher
▼ + stars: | 2023-05-02 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

China on track to hit record coal use and coal power emissions levels in 2023Emissions from that record coal generation total also hit a new high, topping 1.14 billion tonnes, Ember data shows. Further increases in China's coal imports are likely as the peak demand period for air conditioning kicks in over the summer. For cost-conscious power producers, the wide price spread between thermal coal and natural gas will also be supportive for coal imports, even if cleaner-burning natural gas can also be used for power generation. In Guangdong province, home to one of China's largest manufacturing hubs, natural gas prices are currently trading around 5,500-5,700 yuan per tonne, according to data from Refinitiv. Over time, stronger global consumer demand may give China's power producers scope to switch out dirty coal for more costly but cleaner gas, which would help drive China's power emissions lower even as industrial output climbs.

☆ A muddy mess in Ukraine is making trouble for new howitzers so sensitive to dirt they come with their own vacuum cleaners
▼ + stars: | 2023-05-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Soldiers have to be very clean and careful when entering the vehicles, The New York Times reported. Germany has sent 14 Panzerhaubitze 2000 self-propelled howitzers to Ukraine, according to an inventory of its military support to Kyiv. Each howitzer even comes with a vacuum cleaner, and the barrels sometimes have to be cleaned with a long brush. That said, the Ukrainian forces operating the German-made howitzers have reportedly seen some successes against Russian tank and infantry units despite the current conditions on the ground. Ukrainian forces have been gearing up to launch a much-anticipated counteroffensive against Russia after receiving a massive influx of heavy armor and advanced military hardware from the US and its Western partners.

☆ More and more Americans don't want electric cars
▼ + stars: | 2023-05-01 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

Americans are getting more divided on electric vehicles. While EVs gain market share, more and more people say don't want one as their next car. Battery-powered cars seem like the next big thing, but a growing portion of Americans aren't ready to give up internal combustion. The percentage of Americans who say they're "very unlikely" to buy an electric vehicle as their next car is growing, according to JD Power, which keeps close tabs on consumer sentiment around EVs. "Top-line metrics on overall EV market share, availability and affordability have been on a long-term upward trend," the market research firm said.

The Paul, Weiss, Rifkind, Wharton & Garrison partner is well-known for representing blue chip clients like Amazon in cases with millions or even billions of dollars on the line. "Widely considered one of the most preeminent litigators of his generation," is how his Paul Weiss bio puts it. Average profits per partner at Paul Weiss last year were $5.73 million, according to The American Lawyer. The case made national headlines, and the ex-judge, Roy Pearson Jr, was subsequently sanctioned by the D.C. Court of Appeals. In a statement filed with the court, Isaacson and McCrocklin's lawyer said the two sides' positions "are both extremely well-known to each other and seemingly very entrenched."

Organizations: & & '

☆ The Ice Cream Truck Across the Street Is Making Way Too Much Noise
▼ + stars: | 2023-04-29 | by ( Ronda Kaysen | ) www.nytimes.com time to read: +1 min

Food trucks cannot idle with the engine running. Street vendors “don’t want to cause problems because they’re out there on the street everyday,” said Matthew Shapiro, the legal director of Street Vendor Project at the Urban Justice Center. A decade ago, the city plugged a few food carts into the grid, but the initiative fizzled out. Now, the Street Vendor Project is working on a pilot program to power a few food carts with batteries to test the cleaner and quieter technology. If it’s successful (and gets funding), the technology could potentially work for larger food and ice cream trucks, too.

☆ BP agrees to buy Shell's stake in Australian Browse gas project
▼ + stars: | 2023-04-29 | by ( Samuel Mckeith | ) www.reuters.com time to read: +2 min

Woodside, BP and Shell are also all stakeholders in the North West Shelf LNG plant. "BP believes development of the Browse gas resources could make a significant contribution to energy security in Australia and to the Asia Pacific region," a BP spokesperson said. The company said it supported the concept of using carbon capture for the project and processing Browse gas in the North West Shelf LNG plant. Credit Suisse analyst Saul Kavonic said it was likely "very modest" given "the risks and ongoing spend required at the Browse project". Woodside last week played down concerns over the status of Browse project and told Reuters talks had resumed with the North West Shelf LNG joint venture about a processing deal for Browse.

The rule also require transitioning existing fleets to zero-emission vehicles. Big rigs, local delivery and government fleets must transition to zero emission by 2035, garbage trucks and local buses by 2039, and sleeper cab tractors and specialty vehicles by 2042. American Trucking Associations Chief Executive Chris Spear criticized the decision to force motor carriers to purchase zero-emission vehicles. On Thursday, CARB adopted new locomotive regulations requiring that by 2030 only those less than 23 years old could operate in the state. The Biden administration must still approve waivers for California to implement the new regulations.

☆ Colombia's Gustavo Petro finds his opening in Washington
▼ + stars: | 2023-04-27 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +5 min

So what was the most solid common ground President Biden, as host, could find for his guest? Leaders from the region tend to see the climate issue as their platform in international summits. Like many countries in Latin America, Colombia has received considerable investments from Chinese companies in recent years, mostly in the transport and mining sectors. “Petro has the aspiration of leading the new phase of Latin America’s geopolitics. And Biden can also tout a considerable concession from his meeting with Petro, who had always refused to condemn Russia’s actions in Ukraine – until now.

☆ Fact Check-Safety data sheet of surface cleaner unrelated to Apeel Sciences
▼ + stars: | 2023-04-26 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

I couldn’t find data safety sheets from the US but did from other countries” (here). The screenshots shared in the viral posts show the safety data sheet for a hard surface cleaning product called “APEEL” (here), manufactured by UK-based company Evans Vanodine. The APEEL product is a hard surface cleaner and not suitable for vegetable coating, Jonathan Kings of Evans Vanodine told Reuters in an email. Apeel Sciences did not respond to Reuters’ request for comment. The safety data sheet for APEEL cleaner describes health hazards upon coming into direct contact with the concentrated product and is not related to the safety of an edible food coating manufactured by Apeel Sciences.

☆ A pair of Florida crime scene cleaners handle everything from blood to feces with a smile, documenting their long days to millions of fans on TikTok
▼ + stars: | 2023-04-26 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

DeSana, 23, told Insider they spend a lot of time together as a pair of traveling crime scene cleaners. "We drive pretty much wherever our company tells us to go," DeSana told Insider. "Every single day is different," DeSana told Insider. Some were empty, but others were refilled with urine, DeSana told followers. "The pay is good, but respect is a big thing for me," DeSana, who studied criminal justice in college, told Insider.

☆ I had a 4-day workweek at Kickstarter. I saw huge improvements in my productivity and social life — and there was only one downside.
▼ + stars: | 2023-04-26 | by ( Elle Hardy | ) www.businessinsider.com time to read: +7 min

Former marketing manager Brooke McDaniel said the four-day schedule increased her productivity. She has since started a new job with a five-day schedule but says the schedule was one of her cons. The company transitioned to a four-day workweek while I was on the road. Remote work was the most important factor for a trip like mine, but knowing the four-day workweek was coming gave me additional motivation. All in all, it made me more aware of how I spend my timeThe work-life balance that a four-day workweek offered me was incredible.

☆ Black hole image captures jet of material launching into space
▼ + stars: | 2023-04-26 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

But a black hole can also send powerful jets of material blasting across space and beyond its home galaxy. Previous observations have shown the jet and black hole separately, including the first direct image of a black hole, released in 2019. Astronomers believe that more material is falling toward the black hole in the new image, which is why the ring looks bigger. Studying black holesRecently, astronomers also used machine learning to release a cleaner, sharper version of the original M87 black hole image from 2019. The central region is darker and larger, surrounded by a bright ring as hot gas falls into the black hole.

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