World leaders pledge climate action at summit

World leaders are pledging action on climate change on the virtual climate summit‘s second day. Denmark’s Prime Minister Mette Frederiksen on Friday renewed her country’s pledge to end oil and gas exploration in the North Sea, switching to massive wind farms. Danish companies are planning several wind farms off the U.S. East Coast as part … Read more

China could save $1.6 trillion by replacing coal with clean energy, report finds

China could stand to benefit economically if it can successfully replace coal with renewable energy, according to a report by financial analytics company TransitionZero. The study looked at the costs, or savings, that the Chinese government would incur if it replaced its existing coal-fired power plants with zero-carbon alternatives. “What we found is China could … Read more

What Elon Musk and Jack Dorsey are missing about Bitcoin and green energy

By William Mathis and Lars Paulsson A trio of Jack Dorsey, Cathie Wood and Elon Musk are promoting the idea that Bitcoin mining can be good for the planet actually. That’s not exactly true. The basis of the idea is that mining crypto currencies uses a lot of power and can be deployed at any … Read more

Cannabis, clean energy and commodities: ETF themes to watch as 2021’s first quarter comes to a close

With U.S. exchange-traded funds approaching $6 trillion in assets under management, several key areas are worth watching, says Old Mission's Harry Whitton. Source link

How wind power is leading America’s energy transition

Wind is now America’s top renewable source of electricity generation. 2020 in particular was a banner year for wind power in the U.S., with more capacity installed in the final quarter of 2020 alone than in all of 2019. Now, the total capacity exceeds 120,000 MW, enough to power about 38 million homes. Essentially all … Read more

Bored of the same old stocks? Goldman Sachs has some ‘fresh ideas’

A Goldman Sachs logo is seen displayed on a smartphone screen. Omar Marques | SOPA Images | LightRocket | Getty Images Wall Street bank Goldman Sachs has listed some “fresh ideas” when it comes to stock picks — from under-the-radar companies posting record results, to those with a “huge opportunity to create value.”  In a … Read more

Exxon Mobil begins defense of itself, and a Big Oil future, as activists circle

“More of the same, and a lot of it,” says CFRA Research energy analyst Stewart Glickman of a newly unveiled plan from Exxon Mobil to reduce its greenhouse gas emissions. But Glickman, and others analysts even more critical of Exxon, say there is a logic and consistency to the oil giant’s position that was reiterated … Read more

We look forward to working with Germany on cooperation in Indo-Pacific: Foreign Secretary Harsh Vardhan Shringla

NEW DELHI: India on Friday said it was looking forward to working with Germany in advancing practical cooperation in the Indo-Pacific region to ensure security and growth for all. In an address at a virtual conference on Indo-German ties, Foreign Secretary Harsh Vardhan Shringla referred to Berlin’s release of policy guidelines for the Indo-Pacific region, … Read more

From trains to desalination plants, nature is inspiring radical designs

From birds that can fly for months on end to giant redwoods stretching hundreds of feet into the air, the natural world inspires awe and wonder. For thousands of years, humanity’s appreciation of nature has led to countless works of literature, art, and even innovations in design and engineering. Examples of the latter include the … Read more

Firms with sustainable purpose are doing better by all measures: Lord Nicholas Stern

Lord Nicholas Stern is IG Patel Chair of Economics and Government at the London School of Economics (LSE). The distinguished economist discusses his visionary insights on sustainable finance with ET Evoke:The term ‘sustainable’ means offering the next generation opportunities which are at least as good as ours. ‘Opportunities’ include human capital or health and education, … Read more