Category

Climate

Article, Climate, Corporations, Energy, International

Wind power prospects get a Norwegian nudge

March 8, 2016

It’s a tiny investment for a global oil and natural gas company, but one that nevertheless reflects big changes underway in U.S. energy markets: The Norwegian producer Statoil announced this week that it would provide $3 million to a Brooklyn-based company that installs small wind turbines on farms and other rural properties in the U.S. For Statoil, the investment in United Wind is the first from a new $200 million venture capital account set up to support “attractive and ambitious companies in renewable energy,” ones that could help Statoil expand its own clean-energy push. (Read more)

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by Bill Loveless
Article, Climate, Corporations, Government and Politics

Mars’ mission: Back Obama on cleaner emissions

September 28, 2015

Like Pope Francis, major corporations around the world are stepping up their calls for governments to take dramatic steps to address climate change. Among them is Mars Inc., the maker of M&Ms, Snickers bars and other foods, which is well known for its reputation for keeping quiet on most business matters. But when it comes to the environment, the company is outspoken. (Read more)

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by Bill Loveless
Article, Climate, Corporations, Energy

Vermont solar plan brightens green energy hopes

September 24, 2015

Once a leading producer of marble in the world, Rutland, Vt., is embracing a new reputation as the “Solar Capital of New England.” Festivities set for Tuesday will commemorate the designation, which may seem modest in comparison to Rutland’s industrial past. But for this city of 16,500, it illustrates a significant movement from old-style ways of providing electricity and perhaps a model for the rest of the U.S. (Read more)

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by Bill Loveless
Article, Climate, Energy

Corporate bonds show green shoots

March 29, 2015

Politicians may disagree over the need to address climate change, but companies and investors are increasingly financing technologies that provide energy more efficiently and cleanly. Among the latest indications is a report from Standard & Poor’s Rating Services on green bonds, a relatively new financing instrument, and one that is suddenly attracting attention from corporations around the world. (Read More)

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by Bill Loveless