The power of finance to transform our economy

by Gregor Macdonald, The Energy Transition In the spring of this year, the Singapore-based Oversea-Chinese Banking Corporation (OCBC) announced it would halt all future financing for new coal projects, save for two final newbuilds in Vietnam: Van Phong 1 at 1.3 gigawatts (GW) and Vung Ang 2 at 1.2 GW. By November, OCBC, the second […]

"Powerplant" by Nucho is licensed under CC BY-SA 2.0

US insurance industry lags in divesting from fossil fuels

by Insure Our Future The number of insurance companies withdrawing coverage for coal has more than doubled in 2019 as the industry’s retreat from the sector accelerates and spreads beyond Europe, the Unfriend Coal campaign revealed in Insuring Coal No More, its third annual scorecard on insurance and climate change. However, the report finds that […]

We have to cut GHGs 7 percent every year for the next decade to meet Paris Accord Target

by United Nations Framework Convention on Climate Change On the eve of a year in which nations are due to strengthen their Paris climate pledges, a new UN Environment Programme (UNEP) report warns that unless global greenhouse gas emissions fall by 7.6 per cent each year between 2020 and 2030, the world will miss the […]

Debut of the Rivian R1T pickup at the 2018 Los Angeles Auto Show, November 27, 2018

By 2021, all-electric trucks from eight manufacturers will hit the U.S. market

by Paul Lienert, Reuters Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021. The question is who will buy them. Companies ranging from General Motors Co (GM.N) to startup Lordstown Motors Corp have said […]

Jessie Denver, Manager, Distributed Energy Resources Program for East Bay Community Energy with colleagues at The Climate Center's annual Community Choice Energy conference in 2019.

An inside look at a groundbreaking solar-storage procurement in California

by Jeff St. John, Greentech Media Early this month, three community-choice aggregators and one municipal utility serving much of California’s San Francisco Bay Area launched a 30-megawatt distributed energy storage-plus-solar solicitation. It breaks ground on multiple fronts. First, it’s one of the largest-ever efforts to aggregate distributed energy resources (DERs) at a scale that can […]

Finland has an app showing shopping’s true carbon footprint

by Kati Pohjanpalo, Bloomberg Shoppers will soon be able to work out the true carbon footprint of their purchases thanks to an app from one of the most digitally savvy nations in the world. Unlike other carbon-footprint calculators already on the market, the application developed by Enfuce Financial Services Oy, a Finnish payment services provider, […]

The Federal Reserve Acknowledged the Reality of Climate Change. That’s Actually a Big Deal.

by Will Peischel, Mother Jones During a conference on climate change and the economy in San Francisco, one year after the deadly Campfire’s wildfire smoke made the city’s air quality among the worst on the planet, the Federal Reserve announced that it would incorporate climate change into its considerations when making policy decisions. The choice […]

U-Turn: The Chamber of Commerce now backs the Paris climate agreement

by Amy Harder, Axios Ahead of President Trump’s move this week to complete America’s withdrawal from the Paris Climate Agreement, the U.S. Chamber of Commerce quietly updated its position to support it. Why it matters: This is the starkest reversal from the Chamber, America’s most powerful business lobby group, since it began pursuing a broader […]

Will business listen to what our children are saying about the climate emergency?

This article was originally published in the North Bay Business Journal on October 25, 2019. by Efren Carrillo and Ellie Cohen Last month, millions of young people in the North Bay and all over the world participated in events that are part of a massive youth-led grassroots movement calling attention to the urgent need to […]

These three circular economy principles can help combat the climate crisis

45% of global emissions come from making things, everyday products like cars and clothes, and managing land Only a systems-level approach will enable us to achieve the 1.5 ̊C target by 2050 while building greater resilience to climate change. Energy lies at the core of efforts to address climate change. Worldwide, the electricity, heat and […]