BlackRock CEO Larry Fink, the world's leading asset manager, has called on all managers to align with climate goals. Do ESG metrics do that? (This photo shows Fink with the then-chairman of the New York Stock Exchange, Duncan Niederauer, at the FT CNBC Nightcap in Davos in 2014. Courtesy the Financial Times.)
There’s an elephant in the fund: Earlier this year, some of the most vocal and proactive ESG firms, each with multiple commitments towards a net-zero future, actively funded lobbying efforts against President Biden's infrastructure bill and Build Back Better Act. These bills contain some of the most assertive climate provisions...
This September, on a sunny late summer morning in Chicago, Illinois Governor J. B. Pritzker signed a comprehensive piece of environmental legislation called the Climate and Equitable Jobs Act (CEJA). Standing on the shore of Lake Michigan, just outside the world-famous Shedd Aquarium, Pritzker heralded the bill as a major...
When we spoke with Joseph Fiordaliso, the president of the state's Board of Public Utilities, lockdowns were still only happening overseas and states were the only serious partners for renewable developers. Now, New Jersey is moving forward on transmission investment- making Fiordaliso's cheery appeals to the next generation and the...
The administration can tee up safe, low-carbon transit in cities like Charlotte, NC and others without a cooperative Congress.
The United States, under its Paris Agreement commitments, must become carbon-free by 2050. Its Congress appears nowhere close to passing laws that would spark an energy transition, though. So the government's executive branch should craft a green industrial policy that mixes incentives, procurement, tax credits and other tools to bring...
Workers, investors and policymakers peer into the Gulf Coast's future. (Courtesy the Bureau of Safety and Environmental Enforcement.)
Some have tried and none have managed to sync America’s clean energy ambitions with its fossil-based heritage through federal policy. The current administration is trying in many industries, including offshore wind manufacturing. That warrants a look at the Gulf Coast. Known as a longtime oil and gas cluster, the Gulf...
