Swiss investment banking giant UBS revealed this week that it has decided to further tighten its standards on coal financing transactions, ruling out project-level finance to new coal-fired power plants around the world, at the same time as the bank seeks to double penetration of sustainable investments by 2020.
How frequently do you see women and people of color cited by media as leading the renewable energy charge?
The electric scooters (e-scooter) thrown at street corners in many US cities are having the desired effect. Who wants to buy cars when you can ride scooters anywhere without ownership problems? That is leaving many carmakers scratching their heads.
Building on combined commitment and action on environmental, social, and governance issues, French investment and asset manager CPR AM, a subsidiary of Amundi, is teaming up with CDP (formerly the Carbon Disclosure Project) to launch a thematic equity fund which will be dedicated to fighting global warming.
The air taxi space is crowded — if not on paper, then with prototypes and flying demos. Bell Helicopter, a Textron Inc. company, is a global helicopter leader and no stranger to the vertical take-off and landing (VTOL) world. It announced the Bell Nexus, a hybrid-electric vertical takeoff and landing (eVTOL) aircraft a few years ago at CES. This year, we caught up with the team at CES in Las Vegas to find out what it looks like and what it means for our future mobility needs by 2023.
By Steven Heim With 2019 ushered in, the findings of a new report suggest that harnessing Eco-Efficiency – improving energy efficiency, water management and other environmental processes – will be among the New Year’s resolutions of many corporate leaders. The report, ‘Improving efficiency, unlocking returns’ shows how changes to environmental … [continued]
Tesla is what stock market pundits call a “story stock.” But, in fact, there’s more than one story here, and there are several very different reasons to invest, or not invest, in the innovative automaker. Some boosters want to be part of Elon Musk’s bold mission to change the world, while others simply see a company with meteoric growth and fanatical brand loyalty. Some skeptics point to the unlikelihood of a small startup scaling the auto industry’s proverbially punishing barriers to entry, while others just can’t get past Musk’s unconventional personality and snarky tweets.
President Trump promised to save coal jobs, but a new DOE energy storage R&D program aims at accelerating the renewable energy transition.
“We need to move away from a culture of short term wins to focus on the gains of a long-term business strategy on climate risk,” says Paul Simon, CEO of CDP.
New research from the Transition Pathway Initiative dug into the world’s ten largest public oil and gas companies to develop a bottom-up picture of their long term emissions glide paths and came back with some not-so-surprising conclusions. The research found that only two of the ten companies have publicly committed to reducing emissions as required to achieve the Paris climate agreement.
