365 billion Dollars (approx. 278 billion euros) : this is the money that was spent on energy efficiency around the world in 2012 according to a recent study the leading consultancy Ecofys did for HSBC.
Fossil fuels are making less and less sense as renewable energies are becoming cheaper and cheaper and as climate change is becoming more and more serious. This is even more the case since we’ll have to leave most of it buried. The Guardian, the Financial Times and the Economist published compelling articles on a new… Continue reading Investors : beware of the carbon bubble
We have seen previously that large investors completely understand how climate change mitigation is critical. Last year, more than 200 investors representing $13 trillion in assets demanded action on climate. Now, according to the United Nations, the movement is growing to 259 investors with $15 trillion in assets. This represents over a quarter of global… Continue reading More investors demand climate change action