Power companies should divert investment to green technologies or risk a “debt trap” and declines in credit ratings, concludes a study by Oxford University and University College Cork.
Concerned investors are starting to make corporate laggards take real action on climate change, but for some investors, they are not moving fast enough.
Companies in the EU and the US are unaware of potential risks to demand, supply chains and reputation arising from the shift to a greener economy, the European Investment Bank in a new report.
European oil companies are largely targeting national markets with their renewables businesses, as developing countries struggle to access financing for their energy transitions.
Climate activists are using courts to hold big emitters accountable. Landmark successes in recent months suggest this trend is set to continue as the imperative to slash emissions and ditch fossil fuels grows ever greater.
Companies are ready to embrace corporate PPAs, but policymakers need to speed up the number of renewable energy projects coming online, says Hannah Hunt, director of the RE-Source Platform, an alliance of clean energy buyers and sellers.
Campaigners worry climate change denial is festering unchecked on social media. But evidence suggests posts showing people the positive role they can play in the energy transition are more impactful.
The climate change votes at the AGMs of ExxonMobil and Chevron mark a tipping point for shareholder concern about climate change. Expect more votes, in more sectors, and soon.
Emissions data shows that carbon capture and storage has a long way to go if energy companies are serious about using the technology to decarbonise.
The net-zero road map published this week by the International Energy Agency shows a way forward to a new, cleaner world in line with the Paris Agreement, but the task ahead is massive and companies need to make radical change today.
Climate action and the energy transition are, along with Covid-19, top of the global political and economic agenda. Now is the time to focus on existing solutions that will benefit people and the planet.