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Mubadala marks World Environment Day

  Abu Dhabi / WAM Mubadala Investment Company, an Abu Dhabi-based sovereign investor, on Sunday celebrated World Environment Day and the ongoing efforts and achievements of its partners the Mohamed bin Zayed Species Conservation Fund (MBZ Fund) and Emirates Nature-WWF. In 2021 Mubadala committed $1.5 million annually for three years to support the MBZ Fund conservation efforts for the protection ...

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Dubai Sustainable Tourism celebrates 50 eco-friendly initiatives

Dubai / WAM Dubai Sustainable Tourism (DST), part of Dubai’s Department of Economy and Tourism (DET), celebrated sustainable practices across the city to mark the 50th World Environment Day, as it strives to further enhance Dubai’s position as a leading sustainable destination. From desert conservation reserves, to sustainable restaurateurs and eco-hotels, to cultural pursuits and eco-tourism attractions, DET is shining ...

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US orders refiners to boost biofuel quotas after gasoline prices surge

  Bloomberg The US is ordering refiners to boost the use of biofuels such as corn-based ethanol, as the Biden administration tries to strike a balance between competing political and economic pressures while gasoline prices soar. The US Environmental Protection Agency (EPA) is requiring refiners to mix 20.63 billion gallons of renewable fuels into gasoline and diesel this year — ...

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