Follow The Money: ¾ of a Trillion Dollars Invested
Renewable energy was the leading sector, followed by electrified transport. Most of that money will last decades (in the case of electric cars) or many decades (in the case of power generators).
Renewable energy was the leading sector, followed by electrified transport. Most of that money will last decades (in the case of electric cars) or many decades (in the case of power generators).
A survey of 1,000 global leaders found climate and related issues as a top “risk” over short, medium and long-term time horizons.
The company pledged to be carbon negative by 2030, removing all GHGs it emitted since its founding in 1975 before 2050. BUT it has ties to anti-climate trade associations, donates to obstructing politicians & contracts with fossil firms.
As carriers price in climate risk, watch what happens — from coal to coastal condos; follow the money. Imagine how much faster this will occur if the carbon fee and dividend passed.
These “hard to abate” sectors are transforming to low- and no-carbon outputs. (Imagine how much faster, better, bigger and cheaper it would be with carbon fee and dividend.)
The Russian Hill hotel will offset “100% of the emissions from all our hotel activities.” Guests can opt-in to offset the carbon costs of their trip.
Day 3 at COP 26 was all about how to finance the coming energy transition. The good news: pledges were $130 TRILLION!
Nobel prize (Economist) William Nordhaus: The single most important step to achieve climate objectives is to put a market price on the emissions of carbon dioxide and other greenhouse gases.
New research from CCL, RMI and NREL shows that ALL 4 of Nevada’s Congressional Districts benefit economically from clean energy buildout. Liaisons take note: State-level and district-level reports available in the story.
The future is coming forward and insurance carriers are now charging for it. Is this a wake up call for those Cautious about climate?
Reportedly, this is a billion-dollar fund initially focusing on direct air capture, green hydrogen, long-duration energy storage, and sustainable aviation fuel.
* 128 investment groups with $43 TRILLION in assets have committed to net-zero-by-2050 / 1.5oC max warming.
* Harvard divests from fossil fuels companies.
* Janet Yellen may regulate lending to fossil fuel companies.
* “ESG” disclosures may be mandated by the SEC.