Insisting that “on-again-off-again regulation is a poor way to protect the environment,” eight veterans of previous Republican administrations met with White House officials to float the idea of a revenue-neutral carbon tax.
The Danish wind power giant Dong Energy, which last fiscal year generated almost $9 billion in revenues, plans to phase out coal from all of its power stations by 2023.
A planned coal-fired plant in Bangladesh would be located near the world’s largest mangrove forest, which is home to endangered species such as the Bengal tiger. NGOs are furious, and an online petition urging citizens to pressure Rampal’s financial backers scored over 1 million signatures.
As of this week, Deutsche Bank will no longer offer new financing for coal mining or coal-fired power plant projects. The move comes at a time when big banks are under increasing pressure to divest from fossil fuels, particularly controversial projects such as the Keystone XL and Dakota Access pipelines.
President Donald Trump’s plan for a wall along the U.S.-Mexico border has frayed relations between the two countries. But as one economist pointed out, there’s a lot more at risk than the economy of North America’s poorest nation.
A new report found $8.2 billion invested in conservation over the last decade. The bulk of this finance came from the last two years, but will momentum continue? For some environmental markets, government policy is critical. But many investors see deal supply and scalability as a more pressing barrier to growth.
President Donald Trump essentially green-lighted the controversial Keystone XL and Dakota Access pipelines last week. Environmental and human rights advocates vowed to keep fighting, and they’re calling on big banks to pull their funding of the projects.
Last year, quarterly coal production in the U.S. was at its lowest since 1981. The loss of this industry — which has been a way of life for many in places like Appalachia, Wyoming and Montana — has left residents in coal-producing regions without jobs or a clear sense of their future. How can we move forward?
State and federal regulators filed suit against Navient last week, accusing the student loan servicer of misleading borrowers to inflate profits. The results of a four-year investigation come as economists debate what to do about the country’s looming student debt crisis.
With the inauguration of President Trump underway, the California Air Resources Board launched its new proposal for fighting climate change. It calls for bold steps, and it faces even bigger hurdles.
U.S asset management firm BlackRock is calling on the U.K.’s top 300 corporations to change the way they pay executives — or face significant backlash from shareholders. And its warning has the backing of the U.K. think tank High Pay Center, which says the pay ratio between top execs and “regular” workers — estimated at 129:1 — needs a serious “reality check.”
Understanding the forces that determine the pace of the clean-energy revolution in different parts of the world is the somewhat daunting task undertaken by IRENA, the International Renewable Energy Agency. TriplePundit spoke with IRENA’s director general to get the inside scoop.