IBM Garage helps Raise Green launch new digital platform using Red Hat OpenShift and IBM Cloud ARMONK, N.Y. and SOMERVILLE, Mass.IBM [NYSE: IBM] and Raise Green, an impact investment marketplace for clean energy projects, announced their collaboration to develop Raise Green’s software solution deployed using Red Hat OpenShift on IBM Cloud, intended to empower any […]
Yet Bloomberg Climate Transition Scores supported by BloombergNEF and Bloomberg Intelligence research show oil and gas industry remains far from transition-ready. New York and London, March 24, 2021 – European oil companies, including Total, Galp, Equinor, BP and Royal Dutch Shell lead a group of the 39 most publicly-traded oil and gas companies in preparedness […]
Despite clear scientific evidence that swift and ambitious climate action is necessary at the national level, many countries, particularly those with high emissions and GDP, are failing to implement policies to curb their climate impact. Even with high incomes, access to technology, policy expertise, and capacity to adapt these countries face a massive roadblock to […]
Many companies are beginning to incorporate nature-based solutions (NBS) in their climate mitigation strategies to offset fossil fuel emissions. At the same time, financing of NBS is an essential and urgently needed component of society’s transition to net-zero emissions. This paper describes the opportunities and risks associated with using NBS as offsets, focusing on the […]
Anthony Scaramucci tweeted Friday that Elon Musk’s bitcoin investments don’t conflict with the Tesla CEO’s mission to fight climate change. Scaramucci said Musk wouldn’t invest in a “dirty asset,” and said that bitcoin mining can be powered by renewables. His comments come amid concerns bitcoin mining is wasting energy and harming the climate.Sign up here […]
Thousands of solar panels have been installed off the coast of Singapore to help the island city-state do its part to tackle the global climate crisis. Though it is one of the world’s smallest countries (Singapore is less than half the size of London), the thriving financial hub is one of the biggest per capita […]
President Alberto Fernandez took to a makeshift stage in Argentina’s Vaca Muerta shale deposit in October to announce the nation was doubling down on fossil fuels. “Today we are relaunching the oil and gas economy,” he declared, starting with $5 billion of government subsidies. Two months later, he had a different message for global leaders […]
Atmos joins a wave of financial startups pushing big banks to stop lending to new-build fossil fuel projects. Money doesn’t just sit in savings accounts doing nothing. Banks recirculate deposited cash as loans — for cars, homes, even oil pipelines — and pay customers interest for the service. Startup Atmos Financial ensures that the money […]
The world’s most forbidding deserts could possibly be the most effective locations on Earth for harvesting solar energy – probably the most considerable and clear supply of power we now have. Deserts are spacious, comparatively flat, wealthy in silicon – the uncooked materials for the semiconductors from which photo voltaic cells are made — […]