Envision a sustainable future
Private equity firms are known for making wealthy people richer, sometimes gutting companies and jobs to make a huge profit. But KKR is now pursuing a model that gives employees a meaningful stake in the transition. Employee ownership can share the wealth. When KKR bought a garage door company, CHI, they gave employees shares. When… Continue reading Private equity firm pushing employee ownership
“The Polluter Pays” is a long-held principle. The Vermont legislature has passed a bill to make fossil fuel companies and other major emitters pay for damages from climate change in the state. The Climate Superfund Act passed the Senate and House easily. This week, the Senate will pass the final bill and send it to… Continue reading Breaking news: Vermont’s Climate Superfund Act headed to governor
Did you make New Years Resolutions this year? How’s it going? Here are ones that could significantly reduce your eco-footprint (and they have nothing to do with recycling or solar panels, which are good things but not as impactful as these.) Source article Photo by Victor Freitas on Pexels.com Travel Less Eat Wisely Bank Better… Continue reading Nature hopes you made these New Year Resolutions
Finally, investments in clean energy are surpassing fossil fuels, estimated to be $1.7 trillion this year. https://www.canarymedia.com/articles/climatetech-finance/chart-clean-energy-attracting-nearly-twice-as-much-investment-as-fossils Thanks to this trend, clean energy projects now attract nearly two dollars for every dollar spent on fossil fuels. Five years ago, the ratio was 1-to-1. The lion’s share of energy investment is going to low-emissions power, a segment… Continue reading Clean energy getting 2x funding than fossil fuels, but still need more
California will be the first state to require large companies report their greenhouse gas emissions. Many already do report through platforms like the CDP (formerly known as the Carbon Disclosure Project), but this will force any laggards to get on board. Photo by RDNE Stock project on Pexels.com The new law affects both public and… Continue reading California will require large companies to report greenhouse gas emissions
Carbon.Credit, which was formed last year, is now open for business. It’s like a stock exchange for carbon credits/offsets, using Blockchain to track everything.
Bank of America has announced that customers can finance the installation of a car charger with their electric vehicle loan.
For wealthy individuals or large corporations, their cash may generate as much greenhouse gases as their lifestyle or operations respectively.
Norway has the largest sovereign wealth fund, invested in 9000 companies. They're threatening to oust boards that don't do enough around climate change.
Every job now should have a sustainability/climate focus. Project Drawdown has just released guides for a number of professional jobs, including finance, purchasing, and sales.
Darcy Hitchcock 