ENVIRONMENT

Top global companies call for zero emissions shipping by 2050

More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully decarbonised by 2050, urging governments to step up action warning time was limited.

UN report: Global warming is likely to blow past Paris limit

Earth’s climate is getting so hot that temperatures in about a decade will probably blow past a level of warming that world leaders have sought to prevent, according to a report released Monday that the United Nations calls a “code red for humanity.”

Exxon considers pledging ‘net zero’ carbon by 2050

Exxon Mobil Corp. is considering a pledge to reduce its net carbon emissions to zero by 2050, according to people familiar with the matter, in what would amount to a significant strategic shift by the oil company.

Furniture manufacturers are reporting major shipping delays nationwide

Furniture sales have surged during the pandemic, leading to major backlogs at manufacturing facilities. This means consumers around the nation should expect delays on their orders. A manufacturer in Conover, North Carolina says their shipping times used to be 8 weeks, but now it's taking them 22 weeks to send orders to customers. Industry experts say supply chain shortages are also contributing to the backlog, creating the perfect storm in recent months.