OPEC+ considering oil cut of 1m barrels a day

This is to combat inflation and stabilise the price of oil

Hertz and bp team up for EV charging network in North America

Hertz has a fleet of EVs available through large-scale purchases from Tesla, Polestar and GM and aims for one quarter of its fleet to be electric by the end of 2024

Climate change could sink $108bn of US housing

Land the size of New Jersey could be submerged by 2050, a report claims

New York seeks 2GW or more of large-scale renewable energy projects

The projects will have the capacity to power at least 600,000 homes and are expected to create more than 2,000 green jobs

P&G turns to solar energy in new renewable PPA with ENGIE

The Sun Valley Solar deal will represent power equivalent to the annual electricity needs of more than 50,000 US homes

California governor signs sweeping climate measures into law

The record $54bn California Climate Commitment includes the goal to achieve statewide carbon-neutrality ‘as soon as possible’ and no later than 2045

Amazon-backed firm Infinium to power its trucking fleet with electrofuels

It is expected to help reduce carbon emissions for roughly five million miles of travel per year

PepsiCo and ADM to cut carbon through regenerative agriculture

Their efforts could eliminate around 1.4m metric tons of greenhouse gases annually at the farm level

US manufacturers and water utilities save $10.6bn in energy costs

They partnered with the Department of Energy to increase energy and water efficiency

Domino’s encourages recycling with new pizza box packaging

It has partnered with WestRock to print recycling messaging on the pizza boxes, which are made of more than 70% recycled content