Seventy billion dollars is the gap in the amount of climate finance that developed countries have promised to provide to developing countries annually by 2020, says the World Bank. And it's an amount that can be easily financed through the elimination of fossil fuel subsidies according to World Bank President Jim Yong Kim.
GE will sell most of its GE Capital assets by 2018, a move that will reshape the company and further the role of its industrial businesses as the principal source of GE's earnings.GE Chairman and CEO Jeff Immelt, who announced the plan has said he wants to "profoundly change the company" and "lead the next generation of industrial progress."
Impact Economy has launched a report on disruptive innovation opportunities in the renewable energy industry. The lead question was what would need to happen if we were to dramatically accelerate the energy transition under way. Which technologies should we back, and how can we get them to market much faster?
In the four years following the 2008 recession, the U.S. coal industry lost more than 49,000 jobs, while the natural gas, solar and wind industries together created nearly four times that amount, according to a new Duke University study.
New York Governor Andrew Cuomo has announced an additional $160 million investment to grow large scale clean energy projects as part of the State's Reforming the Energy Vision (REV) strategy.
Adopting targets to go 100% renewable could save the world's biggest economies a combined US$520 billion each year according to a new report, a fact which is reflected in the growing number of businesses going 100% renewable in the US.
Last year, in 2014 the Government of Yukon, following the example set by the Canadian Federal Government, amended its main environmental statute, The Environment Act to simplify and reduce regulatory uncertainty and duplication. Stay on top of changes in the regulatory landscape.
Despite continuing concern about the fate of iconic rainforests, new research shows that the world's forests have stored away an extra 4 billion tonnes of carbon in the last dozen years and the total amount of woodland has increased worldwide since 2003.
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