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Solar jobs are leading the clean energy surge, but a worker shortage looms

Corporate Knights

million jobs since 2019, according to the second annual World Energy Employment report by the International Energy Agency (IEA), published in November. That puts the total number of jobs in clean energy at 35 million in 2022, compared to just 32 million in oil, gas and coal. million fewer jobs than it did in 2019.

Net Zero 284
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U.S. sustainable investing assets plunge by more than US$8 trillion

Corporate Knights

Sustainable investing assets in the United States have plunged by more than half to US$8.4 trillion at the end of 2019, according to a new report from the US Forum for Sustainable and Responsible Investment (US SIF). trillion in total assets in 2019. Portfolios classified as responsible investments dropped to $3.0

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EU ‘green’ label for gas and nuclear sparks sustainable investing crisis

Corporate Knights

When I led Canada’s Social Investment Organization (SIO) in the early 2000s, one of our most important debates concerned the question of whether the organization should develop an industry-wide label for socially responsible investment, as sustainable investing was called back then.

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EU wants to allow natural gas, nuclear in green investment

Renewable Energy World

A low-carbon alternative to fossil fuels, nuclear energy represented around 26% of the electricity produced in the bloc in 2019. France, which derives about 70% of its electricity from nuclear energy, led the charge for its inclusion with several other EU countries that operate nuclear power plants.

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Q1 2021: Amazon goes big, Ørsted is a fan of corporate procurement 

GreenBiz

GW but a steady climb from the first quarter of previous years — Q1 2019 saw 757 megawatts (MW) of deals; Q1 2020 included 1.6 In Oregon, Intel inked a deal with Portland General Electric (PGE) through that utility’s Green Future Impact program. . companies reaching just shy of 2 gigawatts of capacity. .

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2025 Global 100 list: World's most sustainable companies are still betting on a greener world

Corporate Knights

With sustainable investment, its the same story, Heaps says. That green investment is key to a more sustainable future, telling us where companies are going as opposed to where they currently derive their revenues. Sustainable capital expenditure is growing twice as fast as all other capex.

Banking 361
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Seven ways to tackle inflation without raising interest rates

Corporate Knights

And won’t it make essential green investments more difficult? The Bank of Canada believes that it needs to cool demand , enabling supply to catch up, and its way of doing this is to increase interest rates, even if it causes a recession, increases unemployment and makes those essential green investments harder.

Banking 293