Maersk signs first green methanol deal toward dropping fossil fuels

Copenhagen | Reuters -- A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world's largest shipping firm gears up to operate its first carbon-neutral ship in 2023. With about 90 per cent of world trade transported by sea, global shipping accounts for nearly three per cent of the world's[...]


Germany considering withdrawal from crop-based biofuels by 2030

Hamburg | Reuters -- Germany's government is considering proposals to phase out the use of biofuels produced from food or animal feed crops by 2030, the German biofuels industry association (VDB) said on Tuesday, adding the measure could increase carbon emissions. German environment minister Steffi Lemke said Jan. 17 she will soon send proposals to[...]

Facing green push on farm, fertilizer makers look to sea for growth

Winnipeg/Oslo | Reuters -- Two of the world's biggest fertilizer producers, CF Industries and Yara International, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the U.S. and Norway to produce clean energy to power ships. The consumption of oil for transportation is one of the top contributors to[...]


Deere tapping into Apple-like tech model to drive revenue

Bondurant, Iowa | Reuters -- Deere and Co. has sold its tractors and other equipment to farmers for decades, but the world's largest agriculture machinery manufacturer is tearing a page from the technology world's playbook -- combining cutting-edge hardware with software and subscription models to drive revenue growth. In a world with a dwindling number[...]

No poop for you: Manure supplies run short as fertilizer prices soar

Chicago | Reuters -- For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. The Midwestern entrepreneur has worked hard to woo farmers on its benefits for their crops. Now, facing a global shortage of[...]


Top court upholds federal carbon pricing policy

Calgary/Ottawa | Reuters -- Canada's Supreme Court ruled in favour of the federal government's carbon pricing policy on Thursday, upholding a central pillar of Prime Minister Justin's Trudeau's climate plan and infuriating some provinces that opposed it. The country's top court said climate change is a threat to Canada as a whole and upheld the[...]

CNH to work with Microsoft, Accenture on 'smart' vehicles

Milan | Reuters -- CNH Industrial has set up a five-year collaboration with Microsoft and Accenture to help it to develop "smart" and connected industrial vehicles, the Italian-American vehicle and equipment maker said on Monday. The programme, part of CNH Industrial's digital transformation plans, is expected to help the group "achieve significant revenue growth," the[...]


Deere taps tractor-hailing tech in bid to break ground in Africa

Nanyuki, Kenya/Johannesburg | Reuters -- It's ride-hailing, farm style. Deere and Co. is teaming up with the "Uber of tractors" in Africa and betting on a future where farmers summon machines with the touch of a button. The world's leading farm equipment maker is outfitting its tractors with startup Hello Tractor's technology, which allows farmers[...]

ADM ramps up ethanol sales in Chicago, irking rivals

New York/Chicago | Reuters -- Archer Daniels Midland has sold unusually high volumes of ethanol into the Chicago market since late last year as export markets dried up, driving down prices in the U.S. Midwest and angering the company's rivals, according to traders and regulatory data. The Illinois-based global commodities powerhouse, a major ethanol producer,[...]