General Motors, facing the imminent expiration of its U.S. tax credits for electric vehicles, is now pushing for a federal mandate to keep the momentum going. In a defiant response to the Trump administration’s proposal to freeze fuel economy and emissions standards, GM outlined its own proposal for a national zero-emission vehicle program, modeled on the […]
Not long before he died, tech visionary Paul Allen traveled to the south of France for a personal tour of a 35-country quest to replicate the workings of the Sun. The goal is to one day produce clean, almost limitless energy by fusing atoms together rather than splitting them apart. The Microsoft Corp. co-founder said he […]
We are in a race against time. We are making dramatic progress in decarbonizing our economies, but dangerous climate impacts are also coming at us faster than predicted. We need concerted action now, in all major economies, to accelerate the transformation of a world that currently relies on fossil fuels for more than 80 percent […]
A top investment strategist for JPMorgan Asset Management sent a note to clients earlier this year with a dire forecast. Despite global efforts to stop climate change, sea levels are likely to rise dramatically, threatening the 40 percent of Americans who live along the coast. There will be investment opportunities in sea walls. Read […]
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market. Read the entire article at Bloomberg. The carmaker will shell out $11 billion bringing 40 electrified vehicles to market by 2022, Jim […]
Bank of America Corp. has issued a $2.25 billion bond to support clean energy projects, making it the largest so-called green bond issuance that the bank has done to date. Read the entire article at Bloomberg Financial. With this offering, Bank of America becomes the first U.S. financial institution to issue four corporate green […]