Divestment

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Corporate clean energy buying leapt 44% in 2019, sets new record

Solar Panel Power Generation. by mrganso found on https://www.needpix.com/photo/1123513/photovoltaic-system-solar-solar-energy-solar-panel-photovoltaic-renewable-energy-revolution-power-generation-solar-field

by BloombergNEF Highlights: Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40% from the previous year’s record. The majority of this purchasing occurred in the United States. BloombergNEF’s 2020 Corporate Energy Market Outlook found that approximately 19.5GW of clean energy contracts were signed by … Read more

Categories Business Network Clean Energy Divestment
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Want to do something about climate change? Follow the money

Divest from Fossil Fuel

by Lennox Yearwood Jr. and Bill McKibben, NY Times Highlights: JPMorgan Chase is among the worst companies to aid the rapid warming of the earth by lending billions to gas and oil companies. “Wells Fargo lent over $151 billion, Citibank lent over $129 billion and Bank of America lent over $106 billion” and “JPMorgan Chase … Read more

Categories Business Network Divestment Fossil Fuels
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Psst, your California Climate Credit is increasing – and so is your potential dividends donation

Karen Barnes enjoying her increased climate credit

By Mike Sandler, Cofounder of The Climate Center Psst, you’re getting money back from a carbon price.  The California Climate Credit is one of the best kept secrets in the world of climate policy.  It was created in 2014 by the California Public Utilities Commission to return revenues from the State’s Cap & Trade program back to … Read more

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Two financial institutions find ways to be sustainable and successful

(Published July 11, 2016 in the North Bay Business Journal) Any financial institution that claims to protect its clients’ or members’ hard-earned investments needs to emulate the innovative sustainability programs of  Redwood Credit Union and Beneficial State Bank.The connection may not seem obvious but the reason is as simple as cause and effect.  Climate change … Read more

Categories Business Network Divestment
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The Case for Cap and Dividend

by Meghan Demeter  |   September 1, 2015 California has long been at the forefront of climate protection, and the state has been something of a testing ground for environmental and energy legislation. We’ve experienced both successes and failures, and can learn valuable lessons from both. The State has already allocated $1.4 billion in auction … Read more

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Coal Costs Us In So Many Ways

April 8, 2015 by Barry Vesser  You might have heard about about the massive spill at a Duke Energy facility into the Dan River in North Carolina last year. A storm water pipe ruptured allowing coal ash contained in ponds to flow into the river. Duke estimated that between 30,000 and 39,000 tons of ash, … Read more

Categories Divestment Fossil Fuels Public Health
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Scientific American endorses Cap & Dividend

“Opponents of proposals to cap carbon emissions argue that such measures would be a drag on the economy. But action on climate change is simple prudence. Doing nothing carries risks that outweigh the cost of phasing out emissions. Politicians should accept that calculation because the science that supports it is strong. They should also consider … Read more

Categories Clean Energy Divestment Energy Efficiency