Fund says governments could use money to help vulnerable people or invest in green energy Avoiding dangerous global heating will require governments around the world to impose stringent taxes on fossil-fuel usage that will mean a 43% jump in household energy bills over the next decade, the International Monetary Fund has said. The Washington-based Fund […]
WeWork WeWork parent company, The We Company, publicly filed its IPO paperwork in August. The We Company is now considering a valuation of around $20 billion for its IPO — roughly half of the company’s $47 billion valuation from its last private round of funding — according to reports from The Wall Street Journal and […]
Open letter calls for changes to policies sector says threatens to hold green economy back Boris Johnson’s support for Britain’s “world leading” battery sector risks being undermined by government policy, according to the industry. A coalition of trade groups and technology firms have written an open letter to the Guardian that calls for urgent changes […]
Japanese conglomerate backs solar utility BBOXX to expand service in south Asia and Africa A British energy firm lighting up homes in Africa with pay-as-you-go solar power has secured £40m to extend its reach to Asia with the help of Japan’s Mitsubishi. The conglomerate has taken a stake in off-grid solar company BBOXX through the […]
Redirecting small portion of subsidies would unleash clean energy revolution, says report Switching just some of the huge subsidies supporting fossil fuels to renewables would unleash a runaway clean energy revolution, according to a new report, significantly cutting the carbon emissions that are driving the climate crisis. Coal, oil and gas get more than $370bn […]
Subsidy-free solar farms have helped connect millions in Africa to cheap electricity A UK solar power pioneer has grown its profits eight-fold by investing in subsidy-free solar farms that have helped connect millions of homes in Africa to cheap electricity. Solarcentury, one of the UK’s fastest growing renewable energy companies, will report profits of £14.4m […]
GivePower GivePower is a nonprofit working to develop projects in underserved areas. The organization recently finished a project at the Standing Rock Reservation for the Sioux Nation tribe. GivePower was started by for SolarCity executive Hayes Barnard, who is also CEO of Loanpal, a company that facilitates financing for residential solar projects. Visit Business Insider’s […]
Lightsource hopes renewable energy at its solar farms will be boosted by double-sided panels BP’s solar subsidiary is on the hunt for Britain’s shiniest grass to help make the most of new double-sided solar panels that can harness light reflected off the ground. Lightsource BP hopes the “bi-facial” solar panels will boost the amount of […]
We could use a global carbon tax to give developing countries incentives to phase out coal Although much derided by climate-change deniers, not least Donald Trump, Alexandria Ocasio-Cortez’s Green New Deal hits the nail on the head with its urgent call for the US to lead by example on global warming. But the sad truth […]
Energise Africa offers a 5% return and allows you to help support low-income families Fight the climate crisis and earn a return of 5% at the same time, plus enjoy a guarantee on your investment. That’s the offer from an ethical investment scheme that allows people to put money into companies providing African families with […]
