Sep 26, 2019

Mining giant working with China on steel emissions

Photo: Huang Jinkun/VCG via Getty Images

Mining behemoth Rio Tinto announced a new partnership with China Baowu Steel Group, which is China's largest steel producer, and Tsinghua University on making production more climate-friendly.

Driving the news: Rio Tinto said Wednesday that the parties will work together on "identifying a pathway to support the goal of reducing carbon emissions across the entire steel value chain."

Why it matters: The company, citing World Steel Association data, said the entirety of steel development is responsible for 7%–9% of global CO2 emissions.

  • Let's see what actually comes out of it, but overall, it's a sign of efforts to address industrial emissions, which get less attention than power plants and cars and are often tricky to tackle.

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Retail's climate change moment

Illustration: Aïda Amer/Axios

As world leaders waffle on policies to head off the extraordinary climate change threat, the retail sector — America’s largest private employer — is moving on its own to cut back its environmental harm.

Why it matters: E-commerce and retail giants pump out emissions and pollution through mass manufacturing, incessant speedy shipping and uncurbed waste. Per one estimate, the fashion industry alone will burn up a quarter of the world's carbon budget by 2050.

Go deeperArrowSep 26, 2019

Making sense of Chevron's new climate pledge

Illustration: Aïda Amer/Axios

Chevron's pledged this week to cut emissions intensity — that is, emissions per unit of energy produced — from its oil and gas production.

Why it matters: The oil giant hasn't been as aggressive on climate change as European-based oil majors like Shell.

Go deeperArrowOct 4, 2019

Fanning California's climate flames

Reproduced from Next 10's Green Innovation Index; Chart: Axios Visuals

California power giant PG&E may shut off electricity in parts of roughly 30 counties to stem risks of downed power lines sparking wildfires when strong and dry winds arrive later this week.

Why it matters: The plan announced Monday, which the San Francisco Chronicle called "unprecedented," highlights how utilities are grappling with dangers heightened by global warming.

Go deeperArrowOct 8, 2019