Filtered Topic: Economic Opportunity

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These turbines could carry the future for big oil and gas explorers.

Oil and Gas Multinationals Tempt Investors to Stick Around Through the Transition

Equinor Strategy Summit, Norway, 2019 – Executives of Equinor (formerly known as Statoil) were holed up in a room drinking hot chocolate after a day of skiing. Strategy staff members presented them with a list of unidentified companies (“Company 1,” “Company 2,” “Company 3”) along with historical and projected returns...
Courtesy of Norfolk Solar

(Courtesy of Norfolk Solar) If dollars are flowing into under-served neighborhoods and staying there for as long as they throw off tax savings, why not channel some of them to improve energy justice? Plenty of opportunity remains. 

Where Investors See a Tax Savings, She Saw a Pathway to Clean Energy Equity Goals

The federal Opportunity Zones designation forgives capital gains taxes on investments in neighborhoods that have withstood economic isolation. One Norfolk, Virginia entrepreneur found dollars from investors looking for the tax break, found sites ready for solar development, and found a way to create jobs and increase solar market share in...
Max Joel sees maximum benefit in planning

Officials like Max Joel say New York's willingness to support planning and study will help kick-start local solar projects. 

To Stoke Solar Power for Low-Income Communities, New York Frees Up More Capital

People who live in areas where it's hard to own a home and hard to breathe clean air often also find it hard to tap solar power. The New York State Economic Research and Development Authority just signaled an intent to right this imbalance. The agency's new solicitation for bids...

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