A new partnership led by former U.S. Vice President Al Gore and Ecofys seeks to investigate how effective carbon pricing can better lead to their ultimate goals: sustainable global growth and reduced greenhouse gas emissions.
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Yes America, the vote is out. U.S. voters may see the Republican front-runner as something of an infuriating curiosity, but apparently economic analysts in the U.K. aren’t laughing. The Economist Intelligence Unit just put Donald Trump’s potential presidency on the list of top 10 risks to global stability — right up there with the Islamic State. But it may not be for the reasons you’d expect.
A new, engineered forest product called Cross Laminated Timber (CLT) has been a hot topic in the Oregon news lately. While it is understood that CLT is a sustainable building product that can help mitigate climate change, what may be less understood is that building with sustainably-harvested wood results in a significant amount of avoided greenhouse gas emissions.
New research suggests that there is a link between Zika and fetal abnormalities, particularly early in pregnancy. Meanwhile, some “savvy investors” are looking for a way to cash in on the spike in Zika cases that now span more than 38 countries. And that’s prompted the SEC to get involved, warning would-be investors to be on alert for investment scams.
To mark this year’s International Women’s Day, Kiva recently set a goal to procure $1 million in total loans for women entrepreneurs. The campaign has been so successful that the total reached well over $1.3 million at press time. So, Kiva has extended the campaign to midnight tonight with a goal of $2 million.
The Pilot Auction Facility (PAF), a World Bank effort to invest in projects that reduce greenhouse gas emissions while maximizing funds donated from both the private and public sectors, will hold its second auction this May.
The always-witty Phillipe Dunsky, president of Dunsky Energy Consulting, thinks that while Canada’s past on that front might have been humdrum, it’s a whole new era now.
The price of carbon offsets can be quite perplexing. After all, a ton of carbon reduced is of benefit to the climate, regardless of where that reduction occurs or how it happens. If the benefit is the same, then why do carbon prices range from less than $1 to more than $15 per ton? There are some striking, and perhaps surprising, similarities between purchasing offsets and purchasing automobiles.
Shareholders representing more than $1 billion in ExxonMobil shares asked the U.S. Securities and Exchange Commission to reject the oil giant’s plan to block a climate change shareholder resolution.
Is the energy transition stalling? Two months after COP21, it is time to separate news from trends. The oil price is down; the U.S. Supreme Court blocked the Obama administration’s carbon-emissions plan; and Germany is (understandably) focused on the Syrian refugee crisis, diverting attention away from its energy transition. Notwithstanding, the train has left the station. It would be a mistake to underestimate the power of technology and innovation to keep driving nonlinear change toward a low-carbon economy.
A group of shareholders called the ‘Aiming for A’ investor coalition is asking three giant mining companies to be more transparent about climate risk.
Dark pools? If it seems as if the names of financial-trading systems are getting murkier these days, you’re not alone. But the SEC and the New York attorney’s office have taken up the task of clearing the water for investors. Last month, regulators convinced Barclays and Credit Suisse to join the long list of financial institutions now accused of misleading investors in dark pool systems. The settlement garnered another $150 million for fed and state coffers and an admission of guilt from Barclays. But will it be enough to head off any more financial trainwrecks?
Late last week, President Obama announced he would include a $10 per barrel tax on oil in the FY2016 budget that his administration is proposing to Congress. The oil industry is saying, “No way.”
ExxonMobil is trying to exclude a climate change proposal from this year’s proxy ballot, and if the oil and gas giant succeeds, its shareholders won’t be able to vote on the proposal at the company’s annual general meeting on May 25.