Category: Investing & Finance

  • The Energy Shift Approaches as Fossil Finance Dries Up | NRDC

    Coal has long been in decline, but with financial giants rethinking oil and gas, and a major proposed oil project folding, is the end in sight for new fossil fuel projects as well? Around the globe, energy and urgency is growing to limit human-driven climate change as quickly as possible. A youth movement, responding to rising anxiety […]

  • Climate Change Poses Major Risks to Financial Markets, Regulator Warns

    WASHINGTON — A top financial regulator is opening a public effort to highlight the risk that climate change poses to the nation’s financial markets, setting up a clash with a president who has mocked global warming and whose administration has sought to suppress climate science. Rostin Behnam, who sits on the federal government’s five-member Commodity […]

  • Power-Hungry Texas Oil Drillers Get a Little Help From Solar

    Texas, home to the world’s largest oil reserve and America’s biggest source of coal-fired power, is on the verge of a clean-energy boom. Wind already supplies about 15 percent of Texas’s electricity, and now developers are about to quadruple the state’s solar capacity, adding enough panels by 2022 to light up all of Dallas. But […]

  • Norway’s $1tn wealth fund to divest from oil and gas exploration

    The world’s largest sovereign wealth fund, which manages $1tn (£770bn) of Norway’s assets, is to dump investments in firms that explore for oil and gas, but will still hold stakes in firms such as BP and Shell that have renewable energy divisions. The Government Pension Fund Global (GPFG), whose assets exceed those of rival sovereign […]

  • An Open Letter To Be the Change and Lead the Change

    Whale blubber and buggy whips were once fine industries, but progress moved us away. And today we know the days are over of a false choice between environmental protection and economic growth. Since when did the simple concept of leaving the planet a better place for our kids become a partisan issue? We all benefit […]

  • Larry Fink, Tucker Carlson, David Brooks And The Call For A Capitalist Reformation

    A Capitalist System for the Future The perverse incentives inherent in a largely unconstrained capitalist system still exist. These incentives drive behaviors that increase inequality, reduce social mobility, devalue communities, deplete soils, acidify oceans, destroy biodiversity, trigger mass migrations and social instability, and fuel violence and war. These perverse incentives lead to concrete business practices […]

  • ‘This is not controversial’: Bipartisan group of economists calls for carbon tax with dividends

    Forty-five top economists from across the political spectrum are calling for the United States to put a tax on carbon, saying it is by far the best way for the nation to address climate change. Does this plan include exempting the fossil fuel industry from any kind of legal action or reparations for having lied […]

  • U.S. Supreme Court Refuses to Block Exxon Climate Fraud Investigation | InsideClimate News

    What did Exxon know and when did they know it, will it be like the tobacco industry's debacle of deniability? Massachusetts' attorney general is trying to force Exxon to turn over decades of records involving what it knew about climate change and what it told the public. The U.S. Supreme Court on Monday declined to […]

  • Will it take another American Civil War to transition from fossil fuels?

    Will our addiction to oil drain every last drop? "Having taken oil for granted for decades, the global economy has failed to prepare for its absence. A bleak future awaits . . . …Today's energy supplies provide the equivalent of the work of 22 billion slaves, according to former oil industry man Colin Campbell. But […]

  • Companies knew about the link between fossil fuel and global warming as far back as the 1980s

    Is it a surprise that Shell has known for years the dangers of fossil fuels? The same goes for ExxonMobil also having known. What should or can be done about it? A Dutch news organization has published a trove of internal documents from the oil giant Shell showing the company knew about the link between […]

  • Through 2030 District, Downtown Businesses Work to Cut Energy Usage

    Members of a local energy-efficiency initiative collectively reduced their carbon impact by more than 10,200 metric tons of carbon dioxide in 2016, according to an annual report from San Antonio 2030 District, which is leading the effort. The initiative, led mostly by private-sector businesses such as downtown building owners, aims to achieve a 50% reduction […]

  • Draining the Swamp? Key EPA Appointee Was an Energy Lobbyist This Year, Senators Say

    Even without conflicts of interest, is this Appointee really what we need in an already prone group of group thinkers? Two senators are challenging a Trump EPA appointee, saying her lobbying record appears to prevent her, under Trump’s own ethics order, from doing most of her job. Source: Draining the Swamp? Key EPA Appointee Was […]

  • San Antonio Outshines Other Texas Cities In Solar Energy Capacity

    San Antonio is the state's leader in solar energy capacity, according to a recent report assessing local "smart" policies across America. Within the last decade, growth in the solar energy industry has brought numerous businesses and new initiatives to San Antonio. CPS Energy, the city's municipal utility, for example, extended $15 million of funding to […]

  • The Electric-Car Boom Is So Real Even Oil Companies Say It’s Coming

    Oil major Total SA says EVs will drive 30% of car sales Outlook is more bullish on EVs than most forecasters Electric cars are coming fast — and that’s not just the opinion of carmakers anymore. Total SA, one of the world’s biggest oil producers, is now saying EVs may constitute almost a third of […]

  • eLab Accelerator Projects Sustain Hope for Clean Energy Innovation

    Starting yesterday, the 2017 eLab Accelerator teams has convened at the Sundance Mountain Resort in Utah to accelerate their initiatives with the support of nationally renowned expert faculty and eLab’s specially trained facilitators. At Accelerator and beyond, projects from across the country are continuing to develop solutions for a transformed electricity system that will grow […]

  • Led by Congressman Lamar Smith, GOP coalition seeks to slow down push to new energy technology – San Antonio Express-News

    WASHINGTON — Over the past decade, the U.S. government has spent tens of billions of dollars to speed onto the market the energy technology that many believe is the future — from solar panels to industrial-size batteries to modernized nuclear reactors. “Building the new energy economy,” the U.S. Energy Department still proclaims on its Twitter […]

  • What is the Social Responsibility of Business?

    What is the Social Responsibility of Business?Ever since Milton Friedman famously proclaimed “The Social Responsibility of Business is to Increase its Profits” (NYTimes 1970), pundits have pondered whether his purist interpretation was really the only way.Profit is certainly a lot easier to quantify than something like ‘happiness’, but the intangible benefits of good, honest business […]

  • Solar Embrace

    More than a year ago, RMI announced it would focus on community-scale solar. Now, as we enable power purchase agreements (PPAs) at prices 40 percent below median bids, we are seeing increasing interest in community-scale solar, and we are expanding our efforts across the nation. Source: Solar Embrace

  • ‘Chasing Methane’ – Years of Living Dangerously

    Should this be taken into account if we're going to spend money on infrastructure and current administration's energy policies? In 2016, the Obama Administration announced bold regulations to curb methane emissions. Now House Republicans are trying to undo those regulations. To keep these regulations in place, call your elected representative now at (202) 225-3121. To […]

  • Trump, Putin and the Pipelines to Nowhere

    You can’t understand what Trump’s doing without understanding the “Carbon Bubble” American journalists, pundits and media executives have largely convinced themselves that climate change is not a serious political issue, because they think the polls tell them that. A majority of American voters regularly tell pollsters they don’t think climate change is a critically important […]