Keurig, known for its plastic K-Cup pods, has developed a new compostable coffee pod called the K-Round, made primarily of food-grade algae, to address environmental concerns. The company's CEO initiated an in-house startup team to create a sustainable single-serve coffee solution, leading to the development of the K-Round. Keurig plans to beta-test the K-Rounds in the fall and hopes to make them available to the public soon after. The new pods will work with a new machine called the Keurig Alta, designed to accommodate both K-Rounds and existing K-Cup pods, aiming to make the transition as seamless as possible for consumers.
ExxonMobil CEO Darren Woods claims the public is to blame for climate failures, stating that the clean-energy transition may be too expensive for consumers. Climate experts criticize Woods' rhetoric as an attempt to skirt accountability, pointing to Exxon's historical knowledge of climate dangers and efforts to sow doubt. Woods defends Exxon's focus on fossil fuel expansion and minimal investment in renewable energy, while downplaying its role in the climate crisis. Critics argue that Exxon is blaming the public while continuing to prioritize fossil fuel investments and influence public opinion.
The state of New York is suing JBS, the world's largest meatpacker, over allegations of misleading customers with sustainability claims, including a plan to reach net zero carbon neutral standards by 2040. The lawsuit accuses JBS of "environmental greenwashing" and claims that the company has no viable plan to meet its commitment. JBS, which is controlled by Brazil's Batista brothers, has faced opposition to its plan to list its US arm on the New York Stock Exchange due to environmental concerns. The lawsuit seeks disgorgement of ill-gotten gains and penalties for misleading the public about their business practices.
California's electric vehicle market, once booming, is showing signs of fatigue with a significant drop in EV sales in the last half of 2023. This decline raises concerns about the state's ability to meet its ambitious climate goals, including a pledge to ban the sale of new gasoline- and diesel-powered cars and light trucks by 2035. Challenges such as unreliable charging networks, high vehicle prices, and consumer dissatisfaction with Tesla's CEO Elon Musk are contributing to the slowdown. Additionally, confusion around government incentives and market saturation are also hindering EV adoption.
