Elon Musk spent much of last year selling off Tesla stock, though he remains the company’s largest individual stakeholder. However, despite a disdain for index funds and passive investing, some of those firms now make up a large portion of Tesla’s shares. Musk now owns fewer Tesla shares than the … [continued]
Ahead of the Group of Seven summit, which begins tomorrow, 457 investors managing $41 trillion in assets have signed an open letter calling on world leaders to enact more ambitious climate policy. The letter mentions six specific actions for governments, including committing to achieving net-zero emissions by 2050, strengthening their … [continued]
Courtesy of Union Of Concerned Scientists. By Ortal Ullman, the senior outreach coordinator for the Climate & Energy program at the Union of Concerned Scientists. State treasurers can be the forgotten children of public office. They don’t tend to have the name recognition of a governor or congressperson, and many of … [continued]
Originally published on WRI’s Resource Institute Blog. By Giulia Christianson, Ariel Pinchot, and Yili Wu The movement to achieve net-zero global greenhouse gas emissions, is gaining traction and coherence, especially in the world of finance. In late March, BlackRock and Vanguard — the two largest asset managers on the planet — joined a growing … [continued]
Exxon Mobil shareholders earlier this year successfully voted to demand climate risk disclosure in a move which was widely held as a bellwether for similar moves across the sector, but a new report from Preventable Surprises has revealed that some of the largest investors in utilities are voting against climate risk disclosure, preferring private engagement over public proxy votes.
By John Perlin, author of Let It Shine: The 6000-Year Story of Solar Energy. Photo’s courtesy of AT&T archive. Sixty years ago on April 25, 1954, Bell Laboratories demonstrated to the world one of the most significant breakthroughs ever recorded in the history of solar energy and of electricity – the first solar … [continued]
