Another bumpy ride for solar investors, as First Solar and SunPower shine, while market darling Solar City fails to meet expectations.
Tag: "green investment"
In a fight between corporate responsibility and companies fighting for economic existence, the latter will always triumph. That’s why the current shift in the climate debate – from ‘environment vs business’ to ‘business vs business’ – could have a revolutionary impact on global policy and investment decisions.
Norway’s Storebrand cuts 13 coal and 6 oil sands companies, while America’s United Church of Christ votes to divest from fossil fuels over 5 years.
Cuts to clean coal and renewables funds, carbon price forecast redrawn, but manufacturers to benefit from boosted clean technology funding.
Survey of world’s 1,000 largest funds, with $60 trillion under management, finds little accounting for climate risk. Australia ranks comparatively well.