Environment

President-elect Joe Biden’s expected pick for Energy secretary has ties to several influential political donors, including companies from an industry she may have to regulate if she is confirmed by the U.S. Senate. Jennifer Granholm, the Democratic former governor of Michigan, is likely to be formally announced as Biden’s choice to lead the Department of
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Institutional Investor Hall of Famer Richard Bernstein sees a risky market dynamic. He’s questioning why so many investors prefer momentum names in technology when the economy is getting ready to boom. “The whole innovation disruption thing is becoming a sucker’s bet,” the Richard Bernstein Advisors CEO and CIO told CNBC’s “Trading Nation” on Wednesday. “Fundamentals
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Investors are increasingly interested in companies that are environmentally and socially conscious, and the world’s largest asset manager is no exception. In an annual letter to CEOs earlier this year, BlackRock Chairman and CEO Larry Fink said “climate change has become a defining factor in companies’ long-term prospects … But awareness is rapidly changing, and I believe
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December 16th, 2020 by Mark Z. Jacobson  On Friday, December 11, 2020, European Union leaders agreed to reduce greenhouse gas emissions 55% below 1990 levels by 2030. On Saturday, December 12, President-Elect Joe Biden promised that the US would rejoin the Paris Accord on Wednesday, January 20, the first day of his new administration. The
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December 15th, 2020 by World Resources Institute  Originally published on WRI’s Resource Institute Blog.By Johannes Friedrich, Mengpin Ge and Andrew Pickens  A lot has happened since countries met in Paris in 2015 and agreed on an accord to combat climate change. So far, more than 189 countries ratified or otherwise joined the Paris Climate Agreement, representing more than 81% of global
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