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Stock impact report

How historic Valletta aims to hit net zero by cutting pollution from cruise ships and cars [Reuters]

Uber Technologies, Inc. (UBER) 
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Company Research Source: Reuters
St John, the Catholic military order that ruled the Mediterranean island for nearly 300 hundred years. Valletta, in fact, claims to be the first planned city in Europe: its success in preserving its character was recognised in 1980, when it Now, in the era of climate crisis, Valletta faces the challenge of making its infrastructure more sustainable, while preserving its historic buildings and supporting its tourist industry. In 2021, the Valletta Cultural Agency , in which only electric vehicles would be allowed into the city, while rooftop solar panels would play a greater role in generating power. Turning vision to reality is not straightforward, however. For one thing, Valletta's infrastructure has to handle the weight of a massive tourism sector. Malta received last year (around six times the population of the island). Over 800,000 tourists arrived in cruise ships. The cruise industry is vital for Valletta's economy, yet these vast vessels pose a major environmental headache Show less Read more
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