“Let's stop criticizing our banks!”

More than ten years after the subprime mortgage crisis, all the light has not been shed, and yet the idea of ​​the guilt of the banks has taken hold firmly in people's minds. They are even blamed for the double fault, since after playing with fire and triggering the crisis, they allegedly asked for help from the States. This unanimous condemnation, the result of incomplete analyzes, is a heavy component of the bank bashing that has raged since then and unfortunately works against our interests. We are indeed at a critical moment when Europe, faced with the domination of American finance and the dollar, must develop its own financial capacities. The development of a strong pan-European financial sector is therefore essential if we particularly want to foster the emergence of future European gafas. 
If it is vain to hope for the complete disappearance of this bank bashing and, one might say, of the bashing market whose roots plunge both in history and in ignor…

Unilever allocates $ 1.2 billion to replace petroleum derivatives in cleaning products

Unilever will phase out petroleum product derivatives from ingredients in its cleaning products by 2030. The group intends to invest $ 1.2 billion in research, implementation of solutions and support for suppliers in this transition. 

 Unilever allocates $ 1.2 billion to replace petroleum derivatives in cleaning products

The Unilever Group will invest $ 1.2 billion by 2030 to reduce its CO2 emissions and those of its suppliers. It aims to eliminate fossil fuels from the production of its cleaning products.

Through a series of chemical reactions, the carbon compounds in petroleum are transformed into chemicals capable of removing oil stains. Switching off the use of these fossil fuels has been technically feasible for several decades at a high cost.

Unilever is the industry’s first major investor to replace these hydrocarbon derivatives with ingredients from wood, microbial fermentation or recycled carbon. 

The planned funding will mainly be used for research, for implementing the solutions found and for working with suppliers.

“What Unilever is trying to do is very comprehensive. With great ambition, he looks at the entire supply chain, "said Katy Armstrong, a researcher at the University of Sheffield working on carbon recycling.