GREEN STARTUPS
Industry Leaders|December 2020
SAVING THE WORLD
GREEN STARTUPS

Socially responsible entrepreneurship or environment social and corporate governance (ESG) creates a green industry, which helps to solve environmental problems through the development of innovative solutions.

Some companies go green either to reduce environmental harm or to gain consumer support. Whatever the purpose, the aim is to reduce carbon footprints and aim for a carbon-neutral future.

It is a young industry and has seen a renewed interest with the threat to the global environment due to climate change.

The green industry is not an easy place to do business. Investors and entrepreneurs have the added burdens of being sustainable, profitable and beneficial to the people and the planet. A 2018 United Nations report states that global investment in renewable energy and green processes was more than $200 billion in 2017, and the 21st century has seen more than $2.9 trillion in investments in solar and wind power industries.

In 2017, the developing countries outspent the developed with an investment of $177 billion. The balance has somewhat changed with the developed world waking to the climate change threat. The green-tech market is pegged at more than $1 trillion.

Renewable energies make up 11.5 quadrillion BTUs of consumption in the United States, which was only 11% of the total energy use in 2018. Biomass and hydropower represent 67.8% of the sustainable resources that the country consumes. (University of Michigan)

Denne historien er fra December 2020-utgaven av Industry Leaders.

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Denne historien er fra December 2020-utgaven av Industry Leaders.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA INDUSTRY LEADERSSe alt
GERMANY ADOPTS NEW LAW TO HASTEN THE END OF COAL PLANTS
Industry Leaders

GERMANY ADOPTS NEW LAW TO HASTEN THE END OF COAL PLANTS

A new climate law adopted by Germany requires that all coal-fired power plants be shut down before the promulgated 2038 deadline. In January 2020, the German government had negotiated a deal worth €40 billion to phase out coal power by 2038, but now it seems the country is in a hurry to end its dependence on coal power due to urgent climate concerns.

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1 min  |
June 2021
IRS AND JUSTICE DEPARTMENT INVESTIGATING CRYPTO EXCHANGE BINANCE
Industry Leaders

IRS AND JUSTICE DEPARTMENT INVESTIGATING CRYPTO EXCHANGE BINANCE

Singapore-based Binance was co-founded in 2017 by Changpeng Zhao, and is the largest cryptocurrency exchange in the world. The US Commodity Futures Trading Commission (CFTC) is probing money laundering and tax-related offenses on the platform by any US citizen. They are investigating whether any illegal trading of derivatives linked to digital tokens was done. The United States residents can only purchase these kinds of products from firms registered with the CFTC.

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June 2021
GEN Z ANGELS
Industry Leaders

GEN Z ANGELS

INVESTORS SEEM TO BE GETTING YOUNGER AND YOUNGER.

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5 mins  |
June 2021
Biggest AI Talent Grab of the Year
Industry Leaders

Biggest AI Talent Grab of the Year

In a post-COVID-19 world, the role of Mergers and Acquisitions (M&A) will be redefined. Companies striving to defend their existing markets and accelerate recovery are looking at a wide range of strategies such as alliances and partnerships. In addition, deal-makings now have to reflect the new environmental and societal priorities of the post-crisis world, which include making organic changes like going virtual, remote collaborations, and potentially less inperson networking.

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June 2021
POSTWAR BOOM
Industry Leaders

POSTWAR BOOM

PANDEMIC BRINGS GOOD SALES GROWTH FOR LUXURY CAR BRANDS

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June 2021
GOOGLE PLANS TO BUILD A COMMERCIAL QUANTUM COMPUTER BY 2029
Industry Leaders

GOOGLE PLANS TO BUILD A COMMERCIAL QUANTUM COMPUTER BY 2029

Google is confident it can build a commercial-grade quantum computer by 2029. The search engine giant’s chief executive Sundar Pichai announced the plan to build a quantum computer during the Google I/O stream. To follow through on this ambitious journey is an important milestone in the form of a new Quantum AI campus in Santa Barbara, California, where Google engineers and scientists will be hard to work to build the world’s first commercial quantum computer.

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1 min  |
June 2021
Young Guns: Reduce, Reuse, Recycle
Industry Leaders

Young Guns: Reduce, Reuse, Recycle

Over time, mankind has degraded the planet's most valuable resource - its atmosphere. Now it is time to do something

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8 mins  |
March 2021
Lockheed Martin wins $4.9 billion U.S. Space Force contract
Industry Leaders

Lockheed Martin wins $4.9 billion U.S. Space Force contract

Lockheed Martin gets billions to develop NextGen OPIR satellites for the USSF.

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1 min  |
March 2021
Tesla's kiss of confidence sends Bitcoin price skyrocketing
Industry Leaders

Tesla's kiss of confidence sends Bitcoin price skyrocketing

According to Grayscale Bitcoin Trust, Bitcoin price rose 20.6%, its highest since mid-January.

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March 2021
Industry Leaders

Bitcoin: Fool's Gold or Digital Gold?

The past year has seen the Bitcoin vs Gold as a hedge investment debate hotting up. The price rally in cryptocurrency has led to a shift in sentiments, with many investors now finding it a viable investment.

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3 mins  |
March 2021