June 30 Green Energy News

Headline News:

“Volvo Factory In China Runs On 100% Renewable Energy” • Volvo Cars continues its march towards being carbon-neutral by 2025. It announced that its vehicle assembly plant in Chengdu, China would make the switch to 100% renewable energy. Their new energy supply contract will rely heavily on hydroelectric and solar power. [CleanTechnica]

Volvo factory (Image courtesy Volvo Cars)

“BP Is Getting Out Of Petrochemicals With $5 Billion Sale” • BP has agreed to sell its petrochemicals business to Ineos for $5 billion. The UK oil company is selling assets worth $15 billion as it reels from the oil price crash and pivots toward renewable energy. It has already sold its business in Alaska and offloaded legacy gas assets elsewhere in the US. [CNN]
“Clean Power Companies ‘Failing On Human Rights'” • The Business & Human Rights Resource Centre’s inaugural review of the renewable energy sector claims that none of the world’s 16 largest public wind and solar companies currently fully meets their responsibility to respect human rights as defined by UN Guiding Principles. [reNEWS]
“The South Pole Has Been Warming At Three Times The Global Average Over The Past 30 Years, Study Says” • The South Pole has been warming at over three times the global average in the past 30 years, according to a study published in the journal Nature Climate Changea. That could have huge implications for the region and beyond. [CNN]
“BMW To Source Battery Cells Produced Using Renewable Energy” • German carmaker BMW said its electric cars will use battery cells produced using renewable energy, a step which will compel the biggest suppliers to source more non-coal generated electricity. Last year, BMW ordered more than €10 billion ($11.07 billion) worth of battery cells. [KDAL News]

Green Energy Times