Saturday, May 8, 2021
Home > Environment

Solar stocks are getting slammed as supply chain bottlenecks hit renewables sector

choja | E+ | Getty ImagesSolar stocks declined on Tuesday, building on recent weakness, as companies warn about the impact of supply chain bottlenecks and parts shortages.The Invesco Solar ETF, which tracks the space, slid 7%, bringing its one-month decline to 15%.SolarEdge was the biggest drag against the fund,

Read More

There’s no hotter area on Wall Street than ESG with sustainability-focused funds nearing $2 trillion

Sustainability-focused funds attracted record inflows during the first quarter, pushing global assets under management in ESG funds to nearly $2 trillion, according to a report from Morningstar released Friday.The rise underscores the momentum behind ESG investing, or when environmental, social and governance factors are considered. Assets in these types

Read More

China has ‘no other choice’ but to rely on coal power for now, official says

A coal fired power plant in Jiayuguan, Gansu province, China, on Thursday, April 1, 2021.Qilai Shen | Bloomberg | Getty ImagesBEIJING — China has ambitious goals for cutting its carbon emissions, but it won't be abandoning coal power anytime soon as it keeps its eye firmly on economic targets.President

Read More

‘This is our generation’s moonshot,’ Energy Secretary Granholm says of fighting climate change

Secretary of Energy Jennifer Granholm speaks during the daily press briefing on April 8, 2021, in the Brady Briefing Room of the White House in Washington, DC.Brendan Smialowski | AFP | Getty ImagesEnergy Secretary Jennifer Granholm on Friday emphasized the need for the world to come together in an

Read More

Tesla’s China-made Model Y takes off despite holiday car sales slump

A Model Y vehicle displayed at a Tesla flagship store on Jan. 4, 2021 in Shanghai, China.Gao Yuwen | Visual China Group | Getty ImagesBEIJING — Tesla's Model Y is getting off to a solid start in China, less than three months since deliveries began.The mid-size SUV was the

Read More

ESG investments surged in Asia-Pacific in 2020 as sustainable investing takes off, MSCI survey finds

Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in Beijing, China.Getty ImagesSustainable investing is taking off in Asia-Pacific as institutional investors accelerated their environmental, social and governance (ESG) investments during the coronavirus pandemic last year.ESG investing prioritizes a

Read More

Plant-based milk company Oatly confidentially files for IPO

An ad for plant-based milk company Oatly on the side of Barcelona's Trambaix light rail public transportation.Jeff Greenberg | Universal Images Group | Getty ImagesSweden-based Oatly, which counts Oprah Winfrey and rapper Jay-Z among its prominent backers, has submitted plans for an initial public offering to regulators, the maker

Read More

Biden’s climate change strategy looks to pay farmers to curb carbon footprint

Fourth generation cattle rancher Loren Poncia has made Stemple Creek Ranch carbon positive. He's implemented rotational cattle grazing systems that allow soil and grass to recover, applied compost on pastures and planted worm farms and chicory that aerate the soil.Courtesy of Paige GreenPresident Joe Biden has called on U.S.

Read More

How systemic change, circular economies and climate action are key to achieving green goals

From geopolitical tensions to the coronavirus pandemic and disputes over trade, modern life can often feel bewildering, insecure and disjointed.One area where there does seem to be some renewed sense of unity is the environment. Just last week, U.S. President Joe Biden signed an executive order to re-join the

Read More