August’s key energy stories include a unfamiliar way of recycling EV batteries, some new benefits for carbon reporting and the dire consequences of the temperature in our oceans increasing.
JLR plans to repurpose used EV batteries into a sizable energy storage system, as they still retain 70% to 80% capacity after no longer meeting EV standards.
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According to the latest data, it has been revealed that European gas storage levels have reached an impressive 90.12% of capacity, which equates to over 93 billion cubic meters of natural gas.
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Industrial carbon emissions are responsible for approximately 29% of global greenhouse gas (GHG) output on an annual basis, making it one of the largest contributors to carbon emissions worldwide.
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Large corporations play a pivotal role in driving the worldwide shift towards electric vehicles. It is essential to identify the sectors that are at the forefront of this transition as well as those that are falling behind.
The 2023 Global ESG Practitioner Survey, commissioned by Workiva and published on Tuesday (22 August), reveals that an increasing number of ESG professionals recognize the significant impact of reporting on enhancing competitiveness within their organizations.
The global sea surface temperature broke a 2016 record earlier this month, reaching 20.96C (69.73F) - well above the average for this time of year, according to Copernicus the EU's climate change service.