Tag: climate

  • Royal Mail, Tesla, Next, and Rio Tinto among hundreds of companies urged by investors to set science-based climate goals

    Royal Mail, Tesla, Next, and Rio Tinto among hundreds of companies urged by investors to set science-based climate goals

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    More than 1,800 companies have been asked to set science-based climate targets thanks to a major new push from 137 global investors More than 130 investors holding nearly $20tr in assets have joined forces today to call on many of the world’s most high-emitting companies to set science-based climate targets. Tesla, Gazprom, Rio Tinto, Royal…

  • Global Briefing: UN summit confronts global biodiversity crisis

    Global Briefing: UN summit confronts global biodiversity crisis

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    All the top green industry news from all over the globe this week, such as VW’s electric vehicle investment from China, electrical ferries from Thailand, along with Denmark’s ambitious climate goal UN summit confronts Global biodiversity crisis Global leaders assembled virtually this week to discuss the environmental catastrophe that is devastating the world’s ecosystems, in…

  • Clean energy is now a hot investment

    Clean energy is now a hot investment

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    Welcome to POLITICO’s new Sustainable Finance Spotlight — an extension of the Global Translations newsletter. Each week we track major issues facing the globe. Sign up here. Green economists have combined forces in an Oxford University paper to identify environmentally friendly public investments with quick positive economic effects. The authors, including Nobel laureate Joseph Stiglitz,…

  • What mobilizing innovation for COVID-19 can teach us about catalyzing climate tech

    What mobilizing innovation for COVID-19 can teach us about catalyzing climate tech

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    Heather Clancy explores some leading clean tech companies are lending their shoulder to the wheel to Attack the catastrophe that is coronavirus By now, I expect you have discovered that the uplifting narrative  of an Italian 3-D printing startup, Isinnova, which stepped in produce respirator valves for a hospital in Lombardy following the regular supplier was…

  • Global Briefing: General Motors powers up $20bn EV investment plan

    Global Briefing: General Motors powers up $20bn EV investment plan

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    Plus all of the Top Rated business news from around the world ‘All in’: GM unveils fast-expanding EV fleet US car giant General Motors (GM) this week given a broad upgrade on its challenging electric vehicle (EV) plan, equaling to invest more than $20bn through to 2025 on its own next production all-electric and autonomous…

  • Carbon Clean 200: Greener businesses rule, conclude investment analysts

    Carbon Clean 200: Greener businesses rule, conclude investment analysts

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    Investment returns on firms driving the transition to a green market are readily outstripping those of their fossil fuel opponents, new analysis suggests, adding to mounting evidence of a hastening investor switch away from carbon intensive assets. A group of 200 publicly traded’carbon clean’ companies has outperformed its fossil fuel counterpart by a factor of…

  • Davos says it is focusing on the climate crisis, but its billionaires and world leaders are still arriving on private jets

    Davos says it is focusing on the climate crisis, but its billionaires and world leaders are still arriving on private jets

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    REUTERS/Arnd Wiegmann The World Economic Forum created the concept of a sustainable world the vital theme to this year’s occasion Davos, Switzerland. But the political, and celebrity elites that travel to the occasion will continue to travel by private jet, that is hugely damaging to this environment. The WEF says it offsets the carbon monoxide…

  • ICYMI: Australian Apocalypse, Farewell to Paddlefish & Baby Whales

    ICYMI: Australian Apocalypse, Farewell to Paddlefish & Baby Whales

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    Catastrophic bushfires in Australia burn off an area larger than Portugal. Twenty-six people have died, along with a billion animals could have perished–maybe more– even leaving some species about the verge of extinction. Australian authorities are likely to kill 10,000 feral camels because they are competing with humans for scarce water. Smoke from the fires…

  • Yes, Reversing the Climate Crisis Will Be Profitable

    Yes, Reversing the Climate Crisis Will Be Profitable

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    Ibrahim AlHusseini, the creator and CEO of the investment company FullCycle Energy Fund, which aims to scout and back those companies most likely to address the climate crisis, never thought his career will take an ecological turn. The Palestinian-American businessman–an early investor in Tesla and also Uber–grew up as a refugee from Saudi Arabia. But after…

  • Europe will be 90% renewable powered in two decades, experts say

    Europe will be 90% renewable powered in two decades, experts say

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    The clean technology and battery storage revolution is demolishing the fantasy that a large level of renewables can ’ t be integrated into the electrical grid. “By 2040, renewables constitute 90 percent of the electricity mix in Europe, together with wind and solar accounting for 80 percent,” forecast the specialists at Bloomberg New Energy Finance (BNEF)…