cleantech

Volkswagen Braces for Emissions Fine Amidst Ongoing Scandal

7 days ago

Volkswagen, one of the largest car manufacturers in the world, is facing the possibility of a hefty fine of up to 200 million euros as a consequence of an ongoing environmental scandal. German authorities are preparing sanctions in response to violations discovered during the development and sale of cars that do not meet modern emission standards. This fine adds further pressure to the company, which has already suffered significant reputational damage following the 2015 "Dieselgate" scandal related to manipulation of emission data.

US Offers $1.6 Billion for Low-Carbon Ammonia Plant Financing

5 months ago

According to recent news, the US government has announced a $1.6 billion funding package for a new plant that will specialize in low-carbon ammonia production. This decision aims to support the transition towards cleaner and more sustainable energy sources, which is an essential part of the strategy to reduce greenhouse gas emissions and combat climate change.