Coal mines, oilfields and gas reserves are increasingly losing their value as tighter regulations aimed at tackling climate change already are and will continue to be put in place. Due to this, oil and gas companies are expected to write-off at least half of the...
The new more ambitious GHG emissions reduction target of 60% by 2030 voted by the EU Parliament is a clear signal that Europe wants to remark its virtuous leadership in the green transition and together with implementing the taxonomy and the Action Plan on sustainable...
The plant-based meat alternatives market is on a continuous rise. VC investment in bio-engineered foods has rocketed in the past 10 years and the trend is likely to continue with investors coming after bioengineered food start-ups in droves. Environmentalists are now pointing fingers at the...
The European Commission has published the new 2030 Climate Target Plan, proposing to raise to 55% the cut in GHG emissions by 2030. This more ambitious target for the next decade will put the EU on the right path to reach its goal of climate neutrality by...
The condition of civilized man in one of scarcity. It was 1798 when a young British economist published An Essay on the Principle of Population as it Affects the Future Improvement of Society, a text which criticized Utopians of his time who portrayed idyllic conditions...
What are the implications of climate change mitigation on the market value of coal, oil and gas companies? To assess how much market value these companies might lose as governments are increasingly eager to impose stricter measures on the hydrocarbon industry, analysts must consider the reserves...
Vanuatu is exploring an unprecedented path to protect its population against natural disaster: suing world’s biggest polluters. After Cyclone Pam destroyed the South Pacific island in 2015, Vanuatu’s minister for foreign affairs Ralph Regenvanu is considering the option to take world’s biggest polluters to the International...
Ahead of the Madrid COP 25, António Guterres urges governments of the world to keep up with the urgency of the climate change. According to the Secretary - General of the UN, the lack of a global political will is compromising the quality and the...
According to Archbishop Desmond Tutu, corporations, financial institutions and socially conscious citizens must pull us back from the climate change abyss. They have the muscle to make renewables mainstream and reposition fossil fuels as the tobacco of the energy industry. Sadly, the leaders of some...
The Paris Agreement’s 2 °C objective requires that more than 80% of all proven fossil fuel reserves become stranded resources, and investments in such resources may become "stranded assets" for industrialized and developing countries. A ‘just transition’ for workers and communities as the world’s economy responds to...
A group of 13 companies known as Oil and Gas Climate Initiative (OGCI) spoke out on Monday about the progresses they made in promoting investments in carbon capture, use and storage (CCUS). OGCI said it is ready to make investments. These, though, relies heavily on technology in order...
"Green-friendly ETFs hold shares in groups with coal operations" said Financial Times on September 19, 2019. The case for closer oversight of the ESG fund industry is the conclusion of the analysis conducted by the environmental research group InfluenceMap on a basket of 118 climate-themed funds listed...
Mr. Gates told the FT that investors would have better results in promoting progress and mitigating climate change, through funding innovative businesses such as Beyond Meat and Impossible Foods, instead of divesting from fossil fuels. Already in the past Bill Gates has branded fossil fuel divestment “a false...
A report from Institute for Energy Economics and Financial Analysis (IEEFA) found out recently that BlackRock lost $6.5tn by betting on oil companies and missing out growth in clean energy investment. According to the IEFA report, BlackRock ignored “the serious financial risk of investing in fossil fuel and...