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Feature Story
Current Climate: The Pope Urges The World To Solve Climate Change
Oct 18, 2023 · forbes.com
France is considering a carbon tax that could significantly increase the price of new cars and SUVs that fail to meet carbon emissions rules. Other news includes Chemours increasing its production of PFAS due to rising demand from domestic chip manufacturing, the removal of the monarch butterfly from the endangered species list, and the discovery of improper burials at a "green" funeral home in Colorado.
Key takeaways
- Pope Francis has issued a new encyclical focused on climate change, urging individuals and world leaders to transition to a more sustainable economy.
- Biomaterials company Bolt Threads plans to go public in a SPAC deal with a pro-forma enterprise value of $346 million.
- Several sustainability deals were announced this week, including Hyundai adopting Tesla’s charging standards and Norwegian company Hystar planning to build a 4GW electrolyser facility for green hydrogen production.
- France is considering a carbon tax that could significantly increase the price of new cars and SUVs that fail to meet stringent carbon emissions rules.