The H&M Foundation has committed $15.4 million to support the Ellen MacArthur Foundation’s Fashion ReModel initiative, a project aimed at advancing commercially viable alternatives to traditional garment production. This collaboration seeks to reduce the fashion industry’s dependence on new resource consumption by promoting circular business models such as rental, repair, resale, and remaking. Over the […]
South Korean officials have requested an exemption from U.S. reciprocal tariffs on steel and aluminum during their visit to Washington this week, according to a statement from the industry ministry on Friday. Deputy Minister Park Jong-won, leading the first major South Korean government delegation to Washington since U.S. President Donald Trump announced broad tariffs, emphasized […]
The UK government has cast uncertainty over the future of GB Energy [1], the state-owned green energy company, by declining to confirm future funding commitments. The Treasury’s decision to withhold affirmation of the promised £8.3 billion ($10.5 billion) funding package has raised concerns about the company’s ability to achieve its ambitious goals. GB Energy, established […]
The fashion sector is one of the world’s leading polluters, with synthetic dyes playing a significant part in environmental degradation. Every year, textile dyeing discharges about 200,000 tons of harmful chemicals into waterways, polluting drinking water, endangering aquatic life, and destroying ecosystems. Conventional dyeing procedures use massive volumes of water, which contributes to serious water […]
The fashion industry is a major contributor to environmental degradation, responsible for substantial waste and resource consumption. With textile waste piling up at alarming rates and carbon emissions ranging from 2% to 8% of global totals, the need for sustainable alternatives is more urgent than ever. One emerging solution is rental fashion—a model that promotes […]
Former Indian cricket team captain Sourav Ganguly said on Friday that the steel plant project he is promoting in a partnership at Garbeta, located in West Bengal’s Paschim Medinipur district, is expected to become operational within the next 18-20 months. The project is expecting an investment of Rs 2,500 crore to establish the 0.8 million […]
New Hampshire lawmakers have passed two bills [1] that could see the state stepping back from its renewable energy commitments amid rising power prices. The legislation, House Bill 504 and House Bill 682, aims to prioritize affordability and efficiency by emphasizing market-driven energy sources, including fossil fuels. House Bill 504 updates the state’s energy policy […]
