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Page Updated:Nov. 19, 2020

• Green Investing News
Catch the Latest News Stories

See what is happening in the world in the area of enmvironmentally responsible Investing.

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Investing in companies whose goal
is to produce wealth while
helping to preserve our planet

Click on an image below to go to that site.

Of Interest

  • • Bitcoin's Energy Hunger
    BitCoin Transaction Energy Costs

    Dec 6, 2017,(INHABITAT)-The skyrocketing value of Bitcoin is leading to soaring energy consumption. According to one widely cited website that tracks the subject, the Bitcoin network is consuming power at an annual rate of 32TWh—about as much as Denmark. By the site's calculations, each Bitcoin transaction consumes 250kWh, enough to power homes for nine days..

    Click now for the Ars Technical article.

  • • Ten Clean Energy Stocks for 2020 (July Update)
    Ten Clean Energy Stocks
    for 2020: Navigating the Storm

    Aug.3 2020 (AltEnergyStocks.com)-by Tom Konrad, Ph.d

    I’m continually surprised at the strength and length of the stock market recovery in the face of a worsening pandemic in the US.

    The stock market may not be the economy, but it’s not totally divorced from the economy either. Perhaps the Senate’s unwillingness to even talk about another aid package and the subsequent failure to pass one until after the benefits in the initial CARES act expire will trigger the market reversal I’ve been expecting at least since late April. Or it won’t. I have a long track record of being too early on my calls for market corrections, but this is getting ridiculous

    Click for the story and supporting graphs.

  • • Investing in Companies That Fight Pollution
    List of Pollution Control Stocks

    July 17, 2018 -Pollution control stocks are publicly traded companies whose business involves technologies for removing or reducing the emissions of harmful pollutants, contaminants, and/or waste from human activity, or removing these pollutants from the environment or water.

    Click now for a complete list
    from Alt Energy Stocks.

  • • Not Really Such Green Investing
    Billions Still Being
    Funneled into Carbon-Based
    Energy, Climate-Denier Policies

    Feb. 26, 2018 -In this minicast, new reports show that the world’s biggest banks are still investing billions in fossil-fuel technologies and U.S. energy firms are aggressively funding climate-denier policy.

    Click to listen to the podcast
    from Renewable Energy World.

  • • Look Who's Investing in Solar
    Finance Institutions Are Making
    a Massive Investment in Solar

    Dec. 21, 2017 - The European Investment Bank (EIB) recently put its stamp on a series of financing deals that will boost solar development in India and Peru, and support new solar technology advancements.

    Click now to read the
    story from Renewable Energy World.

  • • Investments and Environmental Risk
    Sovereign Investors Tweak
    Portfolios for Environmental Risk

    June 19, 2017 - Some sovereign investors are reducing their exposure to fossil fuels or seeking clean alternatives to protect their portfolios from rising environmental risk.

    Norway's $900 billion sovereign wealth fund (SWF) -- itself financed by oil sales -- and the New Zealand Super Fund (NZSF) are among those adjusting investments in anticipation of tougher environmental rules or damage from the impact of global warming.

  • • What is the Green Bank?
    Government Contractors Will Want
    to Watch This Trend Carefully!

    May 8, 2017 -A bank located in the U.S. Northeast has drawn the attention of state officials nationwide. The three-year-old bank, however, is not your typical loans, checking account and cash services bank. The article supplies the details.

  • • Leading the Way on Divestature
    The Global Movement to Divest
    From Fossil Fuels Is Unstoppable

    May 15, 2017 - Over the past 10 days the pressure to break ties with the fossil fuel industry has never been greater, as thousands of people attended over 260 events in 45 countries on six continents during the Global Divestment Mobilisation (GDM), demanding institutions divest from fossil fuels. At a time when governments are failing to meet their climate-related promises and President Trump is threatening to leave the Paris Agreement, we can’t afford to stand-by waiting for our governments to do the right thing.

  • • Seattle Divests From Wells Fargo
    Seattle Votes To Divest Billions of
    Dollars From Wells Fargo
    Over Dakota Access Pipeline

    Feb 7, 2017 - Seattle could pull billions out of its W.F. account because of its role in the construction of the Dakota Access oil pipeline. Their City Council committee voted unanimously to divest nearly $3 billion of the city’s funds from Wells Fargo, one of 17 financial institutions involved in financing the contentious project.

  • • Don’t Let That Investment “Go to Waste”
    List of Waste-to-Energy Stocks

    June 17, 2018 - Waste-to-energy stocks are publicly traded companies whose business involves using municipal or other waste as a feedstock to create fuel or electricity. Organic matter and plastics in a waste stream can be converted to fuel and/or electricity chemically, by means of pyrolysis, biologically such as in anaerobic digestion, or by incineration. Alternatively, energy from waste can be captured from natural processes, such as in the collection of methane gas from landfills.

    Click now to read all about
    it from Altenergystocks.com.

  • • List of Smart Grid Stocks
    Publicly Traded Companies Using Technology
    to Efficiently Operate the Grid

    May 8, 2018 -There are about 30 companies that fit the bill.

    Click now for a list from AltEnergy Stocks.

  • • Hi-Yield Alt. Energy Stocks
    List of High Yield
    Alternative Energy Stocks

    July 9, 2018 -This is a list of renewable and alternative energy stocks with dividend or distribution yields above 4%. The list includes most Yieldcos (high distribution companies that own renewable energy operations), but is not limited to Yieldcos. Some Yieldcos may be excluded if their yield is below 4%.

    Click now for the list
    from Alt Energy Stocks.

  • • Wunder Monetizing the Fed ITC
    How to Monetize the Fed.
    Solar Investment Tax Credit

    Wunder Capital has designed this guide to help answer your questions about the Federal ITC and walk you through the process of how it can be monetized. Download the free PDF and learn more about it.

  • • Infrastructure for a Green Future
    New Asian Infrastructure Investment
    Bank Starts Building a Green Future

    July 5, 2016 -China launched the Asian Infrastructure Investment Bank (AIIB) last year. It boasted an initial capital of $100 billion, a founding membership of 57 countries (with 24 more waiting to join end of this year), and a mandate to be “lean, clean and green.”

  • • Tata Says ‘Tata’ to Fossil Fuels
    India's Tata Power to
    Buy $1.4BN Renewables Portfolio

    June 14, 2016 -Tata Power agreed to buy a 1.1-GW solar and wind portfolio from Welspun Renewable Energy in India’s biggest clean energy deal, according to an exchange filing.

  • • Green Bond Fund for Kenya
    Kenya Plans Debut Green Bond
    to Fund Renewable Energy Projects

    June 13, 2016“-East Africa’s biggest economy, is in talks with international investors to prepare the sale of the country’s first green bond, Nairobi Securities Exchange Chief Executive Officer said.

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Balqon


It’s no secret that many market sectors have been upside-down recently, but there’s plenty of upside potential in green technology and alternative energy, especially NASDAQ green penny stocks.


Bloomberg America
Clean Energy Index


Bloomberg Logo
The NYSE Bloomberg Americas Clean Energy Index is comprised of companies domiciled in North & South America that are active across the clean energy value chain.

This is an investable modified market cap weighted index that uses Bloomberg New Energy Finance's proprietary rating system to determine company exposure to the clean energy sector. Published and licensed by Bloomberg & NYSE.

 

Breakthrough Enegy Ventures


Breakthrough Logo
Breakthrough Energy Ventures (BEV) is an investor-led fund made up of members of the Breakthrough Energy Coalition, guided by scientific and technological expertise and committed to investing patiently in developing new ways to live, eat, travel, and build.


Breckinridge Develops
Sustainability Modeling Framework


Breckinridge Capital Logo
Breckinridge Capital Advisors Press Release (Boston, Dec. 4, 2012) Breckinridge Capital Advisors, a Boston-based high grade fixed income manager with $17.5 billion under management, announced today that it has developed a proprietary in-house Sustainability Modeling Framework that rates corporate and municipal bonds purchased for the portfolios Breckinridge manages for institutional and private clients.


Domini Social Investments

Investing for Good


Domini Investments Logo
The world we live in today was shaped by the investment decisions made by previous generations. Today's socially responsible investors recognize this simple truth and use their investment dollars wisely, to create a better future for all.

Fossil Free

It's Wrong to Profit from
the Wrecking of the Climate

Fossil Free Logo
As a leading academic institution, the University of Pennsylvania has a moral and financial obligation to divest from the fossil fuel industry.
Fossil Free Penn calls for the divestment of the University of Pennsylvania’s $13.8 billion endowment from fossil fuel assets.
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The fossil fuel industry is directly responsible for exacerbating climate change, disseminating false information, and funding political corruption. By actively funding these companies, the University of Pennsylvania effectively nullifies any work to mitigate climate change. Remaining invested in this industry is financially, morally, and socially reckless.


Green Century

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Non-profit environmental advocacy organizations founded the Green Century Funds in 1991. Obtain the knowledge to invest for your own future without sacrificing environmental principles.

Green Money Journal

2
Socially Responsible Investing: Transparency, Accountability, and Profitability



Investor Ideas


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A comprehensive directory of Global Renewable Energy Stocks in US, Canada and foreign markets, with many types of Alternative Energy sources (Bio-gas/ethanol, Wind, Tidal and Solar, to name a few) , Energy Efficiency, Fuel Cells and many more.


Lime Energy


Lime Logo
As a leading national provider of energy efficiency for small business customers, Lime designs and implements direct install programs for our utility clients which consistently exceed program savings goals. Our award-winning, integrated services programs provide utilities with reliable energy efficiency resources while delivering the highest levels of customer satisfaction. This next generation approach is helping utilities across the country to go deeper and broader with the cheapest, cleanest and fastest energy resource that we have – energy efficiency.

 


Morgan Stanley Low
Carbon Investments


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Morgan Stanley (NYSE: MS) announced a new commitment to provide $250Bn in low-carbon financing by 2030. Contributing to this commitment are the Firm’s activities in clean-tech and renewable energy financing, sustainable bonds and other transactions that enable low-carbon solutions. As companies, governments and institutions transition to a low-carbon economy, Morgan Stanley views low-carbon financing as a win-win for business and the environment..

The Progressive Investor


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How and when to invest in the companies leading the way to a clean economy: fuel cells, renewable energy, green building, organic foods. It is the only newsletter that covers the top sustainable companies across the full range of industry sectors worldwide. Let us help you make informed, financially sound investments that support your ethical principles.

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Robecosam

Sustainable Investing

Robesco Logo
Sam has been named "European Thought Leader" by Funds Europe. They have also been named "Sustainable Investor of the Year" by the Financial Times of London. Click the logo on the left for more details.

Rocky Mountain Institute


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Directs environmentally responsible investors to specialists who can offer guidance to the companies with the fitting profile.


Sierra Club Mutual Funds


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Featuring funds GREEN enough to meet the Sierra Club's stringent environmental standards.


 

Solar Guides


7
Solar Energy Publicly Traded Companies in the World

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Winslow Green Growth Fund


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Principal objective is long-term outperformance relative to the market, by primarily investing in the securities of smaller capitalization companies, in a belief that their original research provides insight to unlock shareholder value in these capital markets that are often inefficiently priced.

 
 

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The leading voice advancing sustainable, responsible and impact investing across all asset classes. Its mission is to rapidly shift investment practices • toward sustainability, focusing on long-term investment and the generation of positive social and environmental impacts.

US SIF is supported in its work by the US SIF Foundation, a 501(C)(3) organization that undertakes educational, research and programmatic activities to advance the mission of US SIF, including offering training for advisors and other financial professionals.

VanEck Vectors

Income With Impact

Fossil Free Logo
Green bonds are issued to fund projects or activities that have a positive impact on the environment. Supranational organizations, banks, corporations and governments have increasingly recognized green bonds as an essential tool to finance climate-related and other environmental projects.

Most green bonds are structurally identical to “plain vanilla” conventional bonds, but are distinguished by a clearly disclosed “green” use of proceeds.
      • Energy Information technology    • Buildings    • Waste and pollution
        • Industry    • Agriculture and forestry    • Transport    • Adaptation

 

Wunder Captial

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Wunder works with qualified solar professionals to offer simple financing packages for commercial solar PV systems across all 50 U.S. states. Our flexible debt financing options are designed specifically for the commercial solar market - providing solar loans for host-owned systems, debt capital for third-party ownership structures (such as PPAs), and short-term working capital for project development activities.

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Green Investing News (In the past year)

  • • Tom Steyer’s R.E. Vision for America
    Steyer is a Champion For a Renewable Energy-Powered Economy

    (Renewable Energy World), Nov. 11, 2020 -Speaking last month about JP Morgan Chase’s decision to align its lending protocols with emissions targets set by U.N. climate scientists, Tom Steyer expressed enthusiasm that a bank with a long history of investing in fossil fuel extraction has changed their tune.

    “Let’s look at who they are,” Steyer said by phone. “They’re the bank that financed frontier drilling across the riskiest places in the world and which was, until recently, headed up by the ex-CEO of Exxon Mobil,” Steyer said. “They lent hundreds of millions to billions of dollars and now they want to run their loan book according to the Paris Accord!”

    Steyer’s passion for a rapid transition to a clean, affordable and socially conscious renewable energy economy is contagious. And his vision for a future powered by renewables is not unrealistic.


    Click now to learn more.
  • • TD Bank Won't Finance Arctic Oil and Gas Activities
    This Will Aid in the Goal
    of Reaching Net-Zero Emissions

    (REUTERS)), Nov. 9, 2020 -Toronto-Dominion Bank on Monday said it will not provide project-specific financial services for oil and gas-related activities in the Arctic Circle as part of its plan to get to net-zero emissions by 2050.

    The Arctic Circle “is warming significantly faster than the rest of our planet, which poses the risk of increased green-house gas releases and further warming, the bank said in a statement.


    Click now for the story.

  • • U.N. Chief Touts Investing in Environmentalism
    Back Shareholder Resolutions on
    Climate Change, He Says

    (REUTERS)), Nov. 9, 2020 -Investors should push companies to slash their greenhouse gas emissions faster by “systematically” supporting shareholder resolutions on climate change, U.N. Secretary-General Antonio Guterres said on Monday.

    “Use your voting powers in companies to accelerate their decarbonization by systematically supporting climate resolutions,” Guterres told a conference in London.


    Click now for the list.

  • • 10 Clean Energy Stocks For 2020
    An Updated Model Portfolio

    (Renewable Energy World),By Tom Konrad Oct. 22, 2020 -Third quarter earnings season is starting… I plan to write short notes on earnings as they come out for my Patreon supporters, which will be compiled into longer articles on AltEnergyStocks.com a few days later.

    Also, I’m doing a talk on how to divest from fossil fuels with the founder of divestor.org this coming Monday at 8:30 pm ET for the Climate and Health subgroup of Citizens Climate Lobby It’s open to the public, so follow the link if you are interested.

    Disclosure: Long positions all the stocks in the model portfolio with the exception of NFYEF.

    Click now for the update.

  • • P&G Shareholders Do the Right Thing on Forestation
    Shareholders Go Against
    Company's Opposition

    (Environment America), Oct. 13, 2020 -At Procter & Gamble’s annual general meeting, which was held virtually on Tuesday, shareholders bucked the recommendation of the company’s Board and voted for a proposal asking P&G to report on its efforts to reduce deforestation and forest degradation in its supply chains. The proposal received the support of 67% of the votes cast.

    This vote comes at a time when the company is under scrutiny for its tissue sourcing from the Canadian boreal forest. Historically, the corporation’s high-profile brands, Charmin, Bounty and Puffs brands, have relied on virgin wood fibers in their product, which leads to unnecessary logging in the Canadian boreal forest, an important carbon sink and home to caribou, lynx and more.


    Click now for more.
  • • Green Bonds Shoot Past Trillion-Dollar Mark
    The Result of Clean Energy Progress

    (Renewable Energy World), Oct. 6, 2020 - According to research company BloombergNEF (BNEF), green bonds have passed their biggest milestone yet, with more than $1 trillion issued since these securities first emerged in 2007.

    BNEF says that green bonds are the longest standing and most heavily used instrument in the sustainable debt market, which covers a range of fixed-income products offering environmental and social benefits.

    Green bonds are used to finance sustainable infrastructure, from wind farms to wastewater management. More than $200B worth of green bonds have been issued in 2020 alone, according to the research firm. This represents a 12% increase compared with the first nine months of 2019. Together, corporate, government, municipal and mortgage green bond issuance in 2020 trailed 2019’s volumes through August. This all changed in September, when green bonds saw more than $50 billion brought to market in that month alone.

  • • Investors Managing Trillions Steer Firms Towards Net-zero Emissions
    Investors Want Their Money Funding Climate-Friendly Companiese

    (ZME SCIENCE), -Sept. 15, 2020, A leading group of investors has sent a letter to the boards of the world’s largest corporate emitters of greenhouse gases, asking them to produce a strategy to move their business to net-zero carbon emissions by 2050 or sooner. The investors will now follow the progress of such strategies based on a group of 30 indicators.

    The Climate Action 100+ initiative was launched in 2017 and includes more than 500 global investors that collectively manage over $47 trillion in assets. They targeted 161 companies in their letter, which are collectively responsible for up to 80% of global industrial greenhouse gas emissions.

  • • Fed. Report Warns of Climate Change Financial Havoc
    Commodity Futures Trading
    Commission Made the Warning

    (NY Times Climate Forward)-Sept. 8, 2020 A report commissioned by federal regulators overseeing the nation’s commodities markets has concluded that climate change threatens U.S. financial markets, as the costs of wildfires, storms, droughts and floods spread through insurance and mortgage markets, pension funds and other financial institutions.

    “A world wracked by frequent and devastating shocks from climate change cannot sustain the fundamental conditions supporting our financial system,” concluded the report, “Managing Climate Risk in the Financial System,” which was requested last year by the Commodity Futures Trading Commission and set for release on Wednesday morning.

    Click now to read all about it.

  • • R.E. to Soar This Decade With $3.4 Trillion in Invest ments
    So Put Your Money
    Where Your Panels Are

    (Renewable Energy World), -Sept. 2, 2020, The 2020s will be crucial for all the participants in the power industry as the transition toward renewables is expected to increase, while coal takes a downturn in most developed markets. This is according to Frost & Sullivan’s (F&S) recent analysis, Growth Opportunities from Decarbonization in the Global Power Market, 2019-2030.

    Falling costs and renewable-friendly energy policies adopted by several countries in the six major geographies—North America, Latin America, Europe, the Middle East, China, and India—are prominent reasons why solar PV and wind capacity additions are expected to soar this decade, F&S.states.

    Click now for the whole story.

  • • Is Big Oil Still a Big Deal?
    Exxon's Departure From the
    Dow is Just One Symptom

    (Bloomberg News), Aug. 30, 2020 -There will be just one oil company in the Dow Jones Industrial AverageChevron Corp. The removal of Exxon Mobil Corp. from the index after an uninterrupted presence since 1928 shouldn’t come as a surprise. It’s not the end of Big Oil, but it may signal the start of the beginning of the end.

    It may seem odd to remove one of only two oil companies in the index at a time when the shale boom has transformed America's role in the global market. After all, the U.S. now produces more oil and more natural gas than any other country. Last year’s domestic oil production was up by 125% from levels in 2010, while gas output has increased by 60%.

    But those figures only tell part of the story, and not the most important part.

    Click now for the whole story.

  • • Climate Activists Gain Seats on Harvard Oversight Board
    The Candidates Were the
    First Ones Elected Through a
    Petition Campaign Since 1989

    NY Times Climate Forward, Aug. 21, 2020 -Bucking tradition, a group of climate activists has won three seats in an election to an important governing body at Harvard University, the Board of Overseers, the university announced Friday.

    The slate of candidates ran on a platform that included calls for the university to drop fossil fuel investments from its portfolio, part of a divestment movement that has swept college campuses for the better part of a decade.

    Click now to read all about it.

  • • Connecticut Green Bonds
    A Chance to Fund the
    War on Climate Change

    July 9, 2020,(Renewable Energy World) -The Connecticut Green Bank is offering residents a new way to personally invest in projects that confront climate change: mini green bonds.

    This month the bank will bring to market about $16 million in what it is calling Green Liberty Bonds. The bonds will have a $1,000 face value, an uncommonly low denomination that is intended to make them broadly accessible.

    Proceeds from the bond sales will help fund the green bank’s clean energy efforts, which are otherwise supported through a utility bill surcharge, proceeds from the Regional Greenhouse Gas Initiative, and some federal funds.

  • • A Huge Investment Opportunity To Reduce Carbon
    Why Climate Investors
    May Be Missing Out

    June 9, 2020,(Forbes) -Plastic waste and climate change go together. In fact, the mismanagement of plastic waste is a serious contributor to climate change and a significant — but often overlooked — investment opportunity for climate investors. Investors have (understandably) focused on opportunities directly related to climate change, such as renewables, fuel cells, or energy efficiency, to fight climate change. But that approach is wholly insufficient: climate change is a systems problem that demands a system solution. That means we have to think broader.

    According to The Ellen Macarthur Foundation, moving to renewables can result in a 55% reduction of global greenhouse gas emissions. The remaining 45% of emissions will need to come from the complex systems that produce, deliver, and use our products and food. Adopting a circular economy framework in plastics, as well as other key areas like steel, aluminum, cement, and food can achieve a reduction totaling 9.3 billion tons of greenhouse gases in 2050.

    Climate finance and circular plastic investing are going to need to come together to address the climate crisis in a comprehensive way.

  • • Market Potemtial: The Hydrogen Economy
    Fuelling the Fight Against Climate Change

    (Barclays.com)May 21, 2020, -Pressure is growing for the world to move to a lower-carbon pathway. As demand for scalable alternatives to fossil fuels intensifies, hydrogen is gaining momentum as a means to decarbonise hard-to-electrify parts of the global economy.

    Barclays Research highlights the opportunity ahead for hydrogen to help power the net-zero carbon economy, indicating an annual hydrogen market potentially worth over $1 trillion by 2050.

    The International Energy Agency data suggests CO2 emissions could fall 8% in 2020 – the largest ever yearly drop – primarily due to the global pandemic shutdown. But emissions need to fall close to this amount every year this decade to limit global warming to 1.5 degrees above pre-industrial levels – the preferred level stipulated by the 2016 UN Paris Agreement. Hydrogen could be a potential solution to decarbonising the world at speed.

  • • 3 Reasons to Invest in Renewable Energy Now
    Investment in Renewables:
    Now is the Time

    May 6, 2020 (Renewable Energy World) -As the human tragedy of the COVID-19 pandemic worsens, global restrictions to stop the spread of the virus — including stay-at-home orders, business closures and travel prohibitions — may contribute to the worst economic downturn since the Great Depression. The virus has already made an indelible impact on the energy sector: Global energy use is predicted to fall 6% over the course of 2020; the renewable energy industry has not been spared.

    According to Wood Mackenzie estimates, 2020 global solar and energy storage installations are expected to drop nearly 20% compared to pre-COVID-19 projections; wind turbine installations are expected to decline by 4.9 gigawatts (GW), a 6% decrease. Declining renewable energy installations and energy efficiency measures led to 106,000 lost jobs in March alone in the United States, compared to 51,000 drilling and refining jobs lost over the same time period. Analysis shows that 15% of the country’s total clean energy workforce1 could be lost over the coming months — more than a half-million jobs.

    But there's good news, too. Click
    now to read about it.

  • • Investors: Don't Put Your Money Into Natural Gas
    Natural Gas Is a Bad InvestmentGasPLWarnSign

    Mar. 5, 2020 (GIZMODO) - Natural gas is the fastest growing energy source in the U.S., and that’s a big problem. Last year, gas was the number one contributor to the growth in U.S. carbon emissions. When gas infrastructure leaks, it also emits methane, which recent research shows is even worse for the climate than previous dire estimates showed. And according to a new report from shareholder advocacy group As You Sow and policy think-tank Energy Innovation, it’s not even a good investment.

    The U.S. is on track to spend some $1 trillion on new gas-fired power plants and fuel by 2030, according to the Rocky Mountain Institute. And while natural gas been dubbed a bridge fuel by some (centrists), the time to be across that bridge is here. The new analysis shows that the nation’s energy sector’s gas buildout is putting utility investors at risk of losing tens of billions of dollars.

  • • Goldman Sachs and TELOS to Develop
    Commercial-Scale Solar Projects
    Goldman Sachs and TELOS
    In Joint Venture To Develop
    Commercial-Scale Solar Projects

    Mar. 10, 2020 (Energy Central) -TELOS Clean Energy announced today the closing of a joint venture with Goldman Sachs' Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The solar projects will be expected to sell power to commercial, industrial and municipal customers.

    Goldman can invest up to $275mm to finance the activities of the joint venture and own assets, combining financing provided by several parties via tax equity, debt, and sponsor investments into a single capital source. TELOS Clean Energy will provide the development and construction expertise necessary to originate, execute and asset manage the portfolio.

  • • Why Hydrogen Stocks Are Soaring - Here's Why
    Why Hydrogen Stocks Are Soaring

    Mar. 2, 2020 (OilPrice.com) — For decades climate change was a topic for predominantly environmentalists. Since the early 2010s, this has changed dramatically. The transformation culminated in the Paris Climate Agreement of 2015 where the world agreed on a comprehensive path to tackle an existential threat. Consequentially the energy transition has strongly gained in importance as countries around the world are racing to replace their carbon-intensive economies with green alternatives.

    The massive installment of wind turbines and solar PVs is the first step. As the energy transition progresses, countries across the globe are confronted with challenges of an energy mix dominated by renewables. The intermittent nature of wind and solar electricity production affects the reliability of the power grid. A solution could be the storage of energy into hydrogen through the process of electrolysis.

  • • Largest Financial Institutions No Longer Funding Tar Sands
    Global Financial Giants
    Swear Off Funding an
    Especially Dirty Fuel

    Feb. 12, 2020 (NY Times Climate Forward)— Some of the world’s largest financial institutions have stopped putting their money behind oil production in the Canadian province of Alberta, home to one of the world’s most extensive, and also dirtiest, oil reserves.

    In December, the insurance giant The Hartford said it would stop insuring or investing in oil production in the province, just weeks after Sweden’s central bank said it would stop holding Alberta’s bonds. And on Wednesday BlackRock, the worlds largest asset manager, said that one of its fast-growing green-oriented funds would stop investing in companies that get revenue from the Alberta oil sands..

    They are among the latest banks, pension funds and global investment houses to start pulling away from fossil-fuel investments amid growing pressure to show they are doing something to fight climate change.

  • • Fighting the Biggest Polluters - Blackrock Signs On
    BlackRock Joins Pressure Group
    Taking On Biggest Polluters

    Jan. 9, 2020 (The Guardian)- BlackRock, the world’s largest investor, has joined an influential pressure group calling for the biggest polluters to reduce their emissions, after criticisms that it was undermining action addressing the climate crisis.

    The US investment firm has signed up to Climate Action 100+, a group of investors managing assets worth more than $35tn (£27tn), that pressures fossil fuel producers and other companies responsible for two-thirds of annual global industrial emissions to show how they will reduce carbon dioxide pollution.

    In February 2019, one Climate Action 100+ resolution put to shareholders of BP forced the British oil supermajor to describe how its strategy is consistent with the Paris climate accord.

  • • Eversource and Carbon Neutrality
    Eversource’s Carbon Neutral Energy Plan Could Set Trend

    Dec. 17, 2019 (PowerGrid.com)- Eversource Energy, a prominent power and gas utility in Northeastern US, has announced its goal of becoming carbon neutral by 2030, making it the first US investor owned utility to do so.

    The announcement follows the divesture of its fossil fuel assets in 2018 and could be a catalyst for other investor owned utilities, according to GlobalData.

    Nirushan Rajasekaram, Power Analyst at GlobalData, said, “In recent years, the company has made efforts to systematically reduce its carbon footprint by focusing on emissions from its power generation facilities.

  • • As Clean Power Booms, So Does the Investment Community
    BlackRock Raises $1 Billion For
    Clean Power As Wind, Solar Boom

    Dec. 4, 2019  (Renewable Energy World)- Here’s the latest indicator of how hungry investors are to profit from clean energy: BlackRock just raised $1 billion for wind, solar and battery-storage projects.

    The world’s largest money manager received initial commitments from over 35 institutional investors in North America, Europe and Asia for its third global renewables fund. It’s the most BlackRock has raised yet for a clean-power fund’s first close.

    Renewable energy is becoming “one of the most active sectors in infrastructure,” said David Giordano, global head of BlackRock renewable power. It comes, he said, “as global power generation shifts from two-thirds fossil fuels to two-thirds renewables over the next few decades.”

  • • Australia Ramps Up Investments in Hydrogen
    Hydrogen Stimulus Package to Power
    Australian Energy Exports

    Nov. 23, 2019  (The Sydney Morning Herald) —Australia is ramping up investment in the nascent hydrogen energy industry, with a $370 million fund for new projects gaining support at Friday's meeting of state and federal ministers in Perth.

    Hydrogen is touted as a growth industry in the energy sector, largely due its ability to store energy from renewable sources. But opinions differ on whether the technology should be developed exclusively to store renewable energy or for coal-fired generation as well, potentially using carbon capture and storage.

    "The government is backing that in through project investment to promote our outstanding potential as a hydrogen supplier to the world," federal Energy and Emissions Reduction Minister Angus Taylor said.

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