Finance & Investment
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Climate & SocietyClimate Action/"Blockadia"Finance & InvestmentJurisdictionsNon-Renewable EnergyOil & GasUnited States
Shareholder Engagement Won’t Work, McKibben Charges
Exxon CEO Rex Tillerson’s “sneering and sad performance” at the company’s recent annual meeting “forever breaks the idea that ‘shareholder engagement’ with companies such ... -
Divestment Is ‘What Investors Should Be Doing’: Ex-Shell Chair
Fossil fuel divestment is a rational response to the industry’s “distressing” inattention to climate change, a former chairman of Royal Dutch Shell said last ... -
CanadaClimate & SocietyEnergy/Carbon Pricing & EconomicsFinance & InvestmentJobsJurisdictionsNon-Renewable EnergyOil & GasTar Sands/Oil SandsUnited States
Canadian Fossil Industry Predicts Slower Growth, Lower Investment
The Canadian Association of Petroleum Producers (CAPP) has cut its forecast for the country’s future oil and gas production by about 17% compared to ... -
Climate & SocietyDemand & DistributionElectricity GridFinance & InvestmentPost-Carbon TransitionRenewable EnergySolar
UBS Sees Solar Tripling, Then Tripling Again, by 2050
With investment of more than $3 trillion over the next 35 years, solar is poised to push past nuclear and coal and become “the ... -
Green Bonds Surge…to 0.2% of Global Market
Financial institutions like Morgan Stanley and Bank of America are leading a surge in green bonds, Bloomberg reports, with more than $16 billion issued ... -
Climate & SocietyDemand & DistributionElectricity GridEnergy/Carbon Pricing & EconomicsEuropeFinance & InvestmentJurisdictionsRenewable EnergyWind
Power Prices Plunge as Nordics Exceed Renewable Energy Target
Sweden and Norway are on track to exceed their 2020 target for renewable energy generation, with more than 60% of the needed capacity already ... -
Batteries/StorageClimate & SocietyDemand & DistributionElectricity GridFinance & InvestmentJurisdictionsRenewable EnergySolarUnited States
U.S. Energy Storage May Be Over-Hyped, Shah Warns
Although the U.S. energy storage market is expected to grow 250% this year and complete 900 MW of deployments by 2019, clean energy entrepreneur ... -
Norway Dumps $8 Billion in Coal Investments
Norway’s parliament has formally adopted legislation requiring its US$900-billion sovereign wealth fund to drop its investments in 122 companies around the world that devote ... -
Climate & SocietyDemand & DistributionEuropeFinance & InvestmentJurisdictionsPost-Carbon TransitionRenewable EnergySmall Island StatesSolarSupply Chains & ConsumptionWind
IKEA Announces €1 Billion for Climate Action
IKEA is devoting €1 billion (US$1.13 billion) to the fight against climate change, €600 million to boost its own wind and solar generation and ... -
Climate & SocietyEnergy/Carbon Pricing & EconomicsFinance & InvestmentInternationalJurisdictionsNon-Renewable EnergyOil & GasPost-Carbon Transition
Fossil Fuel Giants Ask for Predictable Carbon Price
The CEOs of fossil fuel giants Shell, BP, Total, Statoil, Eni, and BG Group, representing $1.4 trillion in combined annual revenue, have expressed support ... -
Climate & SocietyCoalEnergy SubsidiesFinance & InvestmentInternational Agencies & StudiesNon-Renewable Energy
Government Coal Subsidies Exceed $73 Billion Over Eight Years
Global coal production received more than US$73 billion in government subsidies between 2007 and 2014, according to a report released this week by Oil ... -
Shell ‘Really Very Silly’ to Bet Against Renewables, Climate Action
Royal Dutch Shell is betting against the world taking serious action on climate change or renewable energy displacing fossil fuels, renowned energy economist Lord ... -
Climate & SocietyEuropeFinance & InvestmentInsurance & LiabilityJurisdictionsSevere Storms & Flooding
France’s Largest Insurer Dumps Coal, Embraces Greentech
France’s largest insurance company is dropping its remaining investments in coal, tripling its investment in green technologies, and citing climate change is the major ... -
ExxonMobil CEO Won’t ‘Lose Money on Purpose’ with Renewables
ExxonMobil isn’t investing in renewable energy because “we choose not to lose money on purpose,” CEO Rex Tillerson told his company’s annual meeting last ... -
‘Pretend Divestment’ Study Shows Norwegian Fund Still Backing Coal
Although Norway’s US$900-billion sovereign wealth fund will have to divest its coal assets under a law now going through the country’s parliament, a report ...
