Citigroup to invest 100 billion in cleantech
Yes, you read that right, it’s billion, with a B, like a thousand million… Now this is further proof that cleantech and renewables DO make sense financially. Otherwise, why would such a bank invests...
Tagged: Investment
Norway’s fund divests from coal and tar-sands
As the Wall Street Journal reported Norway’s sovereign-wealth fund – which was built on the country’s oil and gas revenues – is divesting from fossil fuels companies producing coal and tar-sands.
Cheap oil won’t kill the cleantech revolution
With the current low prices of oil – they are now around $50 – one could think that solar, wind and the likes wouldn’t be this interesting as an alternative. Luckily, it isn’t the case at all....
Fossil fuels are the next subprime danger
Here is further proof it’s high time to divest to avoid the carbon bubble. The Daily Telegraph published this week a most interesting article on how fossil fuels – oil, coal and natural gas...
Footsie launches interesting tool for divestment
As the NRDC noted : ” The Natural Resources Defense Council, BlackRock and FTSE Group, the global index provider, partnered today in launching the first equity global index series that will exclude companies linked to carbon-based...
A trillion dollar a year in cleantech is needed
A thousand billion dollars, this the kind of money we need to invest every year to keep the world from warming more than two degrees Celsius, according to the UN climate chief Christiana Figueres,...
Google invests $3.2 billion in Nest Labs
This was the big news of the week in the cleantech sphere, Google has bought Nest Labs for a massive $3.2 billion (2.34 billion euros). Nest is famous for its smart thermostat, which I...
How companies could save money and our climate
According to a brilliant report published in 2013 by the WWF : ” The US corporate sector, excluding utilities, could capture up to US$190 billion in net savings in 2020 alone by reducing energy...
The value of a well insulated home
While browsing Cleantechnica I found the answer of a key question I have been having ever since writing my Master’s thesis. French houses are leaky ” thermal collanders “ as 20 million accommodations have...
Climate inaction is bad for investors
To Climate Progress : ” A new survey of investors and asset managers from around the world revealed rapidly growing concern that national policies to cut greenhouse gas emissions are “inadequate, inconsistent and halting.”...
Five very important actions to fight climate change
If you are scared – or even simply concerned – by climate change, odds are that you might have weatherized your place, turned to efficient appliances and lightbulbs and perhaps even ditched your car....
Turning trash to gold : global waste market to double
According to a leading American bank, the global waste industry could double to $2 trillion by 2020. This is due to as Business Green notes to ” the combination of urbanisation, looming resource shortages...