Remove 2017 Remove Climate Change Remove Stranded Assets
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Larry Fink says accelerate. He needs to say it much louder

GreenBiz

Every dollar not spent in new ways to cut GHG and to stop the voracious linear economy is investing in future stranded assets. He wants us to embrace the opportunity of climate change and investing; climate risk is investment risk. Remember the mess at NRG in 2017 ? offshore wind energy contract.

Net Zero 406
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Blog by Fred van Beuningen: Climate and the cost of inaction

Clean Tech Delta

His apocalyptic scene in 2045 where hurricane Odessa destroys houses and floods large parts of Houston Texas has actually happened in 2017, when hurricane Harvey reached Texas in a world already 1 degree warmer than in preindustrial times. In the twelve years since the first book was published, the situation has not improved.

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Private Equity Firms Are Paving the Way to a More Sustainable Future 

Richard Matthews

To illustrate, BlackRock, the world’s leading investment firm, with more than $7 trillion worth of assets under management, has announced that climate will play a central role in investment considerations. Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector.

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Ten good news stories on climate and clean energy in 2024

Corporate Knights

But its true: Canada and the world made enormous strides addressing climate change and building a cleaner economy. In fact, gas vehicle sales in Canada peaked in 2017 and have been falling ever since. This type of planned transition in the building sector is necessary to protect consumers from higher costs and stranded assets.

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A deep dive into the rise of non-financial reporting and what it means for business

We Mean Business Coalition

All regulations, whether based on the ISSB standards or the EU or China’s own standards, have the Taskforce of Climate-Related Financial Disclosure (TCFD) principles inbuilt. This means companies MUST consider the financial risks of climate change on the company’s financial situation – short, medium and long term.

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Keeping on the Straight and Narrow

Chris Hall

If an oil and gas company announces a 2050 net zero target but doesn’t show any changes to capex (for example, shifting to renewable energy) or asset valuation (to account for stranded asset risk) this could make investors and other stakeholders doubt the credibility of the company’s transition strategy,” Wartmann says. .

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ESG Explainer: Electrifying Africa

Chris Hall

The IEA blueprint involves unprecedented levels of change, the agency admits, and requires clear government strategies and policies. SAS would achieve all Africa’s energy-related development goals “on time and in full”, as well as meeting climate change commitments. of GDP), with two ? thirds going to clean energy. .