InsideClimateNews.org — A well-heeled coalition of investors is asking top fossil fuel companies to calculate the risks of plowing billions into new oil, gas and coal projects. They fear that carbon emission limits and slowing demand will turn them into bad investments that leave investors worse off.
The requests, contained in letters sent to 45 companies last month, are part of an initiative aimed at persuading oil producers and others to rein in their quest to stockpile more carbon energy. They hope to do so by tapping into growing concerns that climate policies and market factors could prevent companies from selling all of their reserves of fossil fuels, which are still growing fast.Read more »
ImpactIQ.org — Janet Yellen, Christine Lagarde and a handful of U.S. senators notwithstanding, women are still underrepresented in the world of finance.
So it was a reversal earlier this month to be one of the few men among nearly 100 women investors, wealth advisors, bankers and analysts gathered to reshape global financial markets through a “gender lens.”
Have you heard the one about how global warming stopped in 1998? It’s been called a “pause,” a “hiatus,” a “slowdown” and a “siesta.” Above all, it’s a red herring, and it isn’t difficult to find where some of the ‘missing’ heat has gone.
First, in case you haven’t been paying attention: 97 percent of climate scientists agree about global warming and its man-made causes, now with 95 percent certainty, according to a report this month by the IPCC, the world’s most authoritative body of climate scientists. Greenhouse gases trap heat, which melts ice, raises seas and floods cities; this fundamental equation is not in doubt.Read more »
Trays started disappearing from university cafeterias several years ago. Not for the usual reason, to be used as sleds in winter, or for the best reason, for college-age secret agents to slip under their jackets as impromptu torso protection against enemy shivs or poisoned blow darts.
Trays have been on their way out just because they hold too much food. If you're walking through a cafeteria line, all that real estate is a cue to take more food than you might want to eat.Read more »
InsideClimateNews.org -- At the U.S. Department of Energy's Washington, D.C. headquarters, the fourth floor feels like any other nondescript outpost of the federal bureaucracy. But the no-frills landscape of desks and cubicles belies the immensity of the job at hand.
Each day nearly 200 staffers scour loan applications, track billion-dollar debts and manage borrowers' credit risk as part of the department'sLoan Programs Office—one of the biggest clean energy finance shops in the world.Read more »
Where can you go to find in the same room a ping-pong tournament, a brick manufacturing company, T-shirts saying “kale is the new meat” and a wide ranging conversation about trends in institutional investing?
One place only, and that’s the exhibition hall at South by Southwest’s Eco conference.Read more »
Many companies now have chief sustainability officers or the equivalent. What roles do they play? That's the question we're asking today as we launch a new survey.
In less than a decade, sustainability has gone from a feel-good buzzword most people associate with environmentalism or community involvement to a movement among global companies to secure natural resources and top employees for their long-term survival.
Sustainability is everywhere. Even in the men's room.
Drive about halfway from Washington, D.C., to New York along Interstate 95 and keep your eyes open for a building with a gently curving red roof and glassy facade, amid an asphalt moat crawling with cars. Inside is a 42,000-square-foot hall built with architectural niceties unusual for a highway rest stop. It's a low bar -- visiting most rest stops is as inspiring as crawling into a cardboard box.Read more »
InsideClimateNews.org — In its latest landmark assessment of the future of the planet under global warming, the Intergovernmental Panel on Climate Change of the United Nations concluded that it is "extremely likely that human influence has been the dominant cause of the observed warming since the mid-20th century."
The panel, which released its first batch of findings on Friday, said the evidence for its conclusion has grown stronger due to "better observations, an improved understanding of the climate system response and improved climate models."Read more »