The Terrifying Warning Lurking in the Earth’s Ancient Rock Record
We live on a wild planet, a wobbly, erupting, ocean-sloshed orb that careens around a giant thermonuclear explosion in the void. Big rocks whiz by overhead, and here on the Earth’s surface, whole continents crash together, rip apart, and occasionally turn inside out,...
EIA projects swift electricity demand recovery after COVID-19, strong renewables growth
Dive Brief: U.S. electricity use, which took an unexpected dive in 2020 after COVID-19 began, may return to 2019 levels as early as 2022, according to the latest Annual Energy Outlook from the U.S. Energy Information Administration.... Click here to view full...
Bank Clients in Sweden Face New Climate Hurdle to Get Credit
growing number of Swedish banks will start turning clients away if their businesses aren’t clean enough to justify new loans. Swedbank AB, Sweden’s biggest mortgage bank, just became the latest in the country to limit lending... Click here to view full article.
General Motors plans for carbon neutrality by 2040
GM announced on Jan. 28 that it plans to become carbon neutral in its global products and operations by 2040, eliminating tailpipe emissions from new light-duty vehicles by 2035. To reach its goals, GM has committed to science-based targets, signed the Business...
British Hedge Fund Billionaire Takes Climate Fight to S&P 500
A billionaire hedge-fund manager is bankrolling an unprecedented campaign to force dozens of the world’s largest companies to publish carbon-emission reduction plans and put them up for shareholder vote... Click here to view the full article.
GM to Phase Out Gas- and Diesel-Powered Vehicles by 2035
The nation’s largest auto maker by sales called the 2035 date to eliminate all tailpipe pollution an aspiration. Even so, many governments around the world, from California to Japan and the U.K., have pledged to ban gas- and diesel-powered cars by then... Click here...
BlackRock’s Fink warns companies they need to show a net-zero plan
LONDON/BOSTON (Reuters) - Larry Fink, chief executive of the world’s biggest asset manager BlackRock, warned the companies it invests in on Tuesday they will need to show a game plan for surviving in a world aiming for net-zero carbon emissions by mid-century... Click...
Tyson Foods partners to convert methane into renewable natural gas
Tyson Foods announced on Jan. 7 that it partnered with natural gas service provider NW Natural to convert methane from its facilities into renewable natural gas (RNG) to heat homes and businesses in Oregon and Southwest Washington. RNG is produced from organic...
Climate Action Is Embedding Into How the World Works
Like the start of every year in recent history, the planet is getting warmer, climate disasters continue to strike, and emissions aren’t falling fast enough. Unlike other years, however, some positive developments in recent months set us up for a...
The Walt Disney Company establishes 2030 energy and environmental targets
The Walt Disney Company announced Dec. 18 that it is committed to achieving net zero emissions and purchasing or producing 100% clean electricity for its direct operations by 2030. The media company released a list of its environmental goals for 2030, focusing on five...
Lloyd’s market to quit fossil fuel insurance by 2030
Lloyd’s, the world’s biggest insurance market, has bowed to pressure from environmental campaigners and set a market-wide policy to stop new insurance cover for coal, oil sands and Arctic energy projects by January 2022, and to pull out of the business altogether by...
Companies Plan to Link ESG Goals to Executive Pay
Companies are increasingly establishing executive positions to cultivate ESG strategies but recent data suggests they won’t stop there. Many of these firms will also be taking steps to tie or link executive pay with attaining ESG goals, according to a new survey from...
Which renewable energy options are best for my business?
In the recent Smart Energy Decisions webinar, “Optimizing the Pathway to Low-Carbon”, sponsored by Envizi, Edison Energy, and Redaptive, we explored best practices for achieving Greenhouse Gas (GHG) reduction targets. Christen Blum, Vice President of Renewables and...
Smithfield Foods launches RNG project with Utah hog farmers
Smithfield Foods announced Dec. 9 its first renewable natural gas project through a joint venture with Dominion Energy in southwestern Utah. The Align Renewable Natural Gas project is the first large-scale effort in Utah focusing on capturing methane from hog farming...
Yellen Gets a Shot to Put Treasury Clout Into Climate Fight
Janet Yellen has promised to make fighting climate change a priority as Treasury secretary, spurring hope among activists she will put the issue at the center of U.S. economic policy for the first time. Yellen, President-elect Joe Biden’s nominee to lead the Treasury...
New York State’s Pension Fund Pledges Net-Zero Greenhouse Emissions by 2040
New York state’s $226 billion pension fund on Wednesday pledged to reach net-zero greenhouse-gas emissions across its portfolio by 2040, placing more pressure on companies in North America and abroad to tackle climate change. The New York State Common Retirement Fund,...
Companies Could Face Pressure to Disclose More ESG Data
The Biden administration may push for rules that require companies to clearly spell out climate-change related risks, as well as other sustainability metrics. American corporations for years have been able to choose what they want to disclose in their annual...
PJM Staff Propose New Schedule To Resume Capacity Auctions, Some Additional Delivery Years Would See Auction Delayed From Typical May Date
PJM has posted a staff presentation for the November 19 Markets and Reliability Committee concerning updates to the PJM capacity market Base Residual Auction and incremental auctions, now that FERC has issued orders in all necessary proceedings to resume the auctions...
Bid Information
The Los Angeles County Sanitation Districts (Districts) are seeking renewable natural gas (RNG) to fuel Districts-owned fleet vehicles at two maintenance yards. The RNG will be supplied via utility pipeline and must be 100% renewable. The Districts and the selected...
Novartis to cover 100% of European operations with Spanish solar VPPAs
Novartis announced Nov. 19 that it will become the first pharmaceutical company to achieve 100% renewable electricity in its European operations through VPPAs following the completion of five such agreements with three developers. The pharmaceutical company signed...
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