Climate Finance The White House announcement on Tuesday (alongside parallel Canadian actions) of a permanent ban on oil and gas drilling in 115 million acres of Arctic waters will be among President Obama’s most noteworthy moves to protect the planet from climate change. It will likely be challenged by President-elect Trump, who has promised to
Climate Finance His big projects in Russia and close relationship with Vladimir Putin have dominated most of the coverage of Rex Tillerson’s selection as President-elect Trump’s secretary of state. Equally intriguing, from a more optimistic direction, is the ExxonMobil chief’s repeated validation of climate science and endorsement of a tax — yes, a tax — on carbon. The world’s fears that
To tradeoff or not to tradeoff: that is not the question, according to Omidyar Network, the impact investing firm of eBay founder Pierre Omidyar and his wife, Pam. Rather, investors who accept below-market returns should demand to know how that concession is helping to catalyze new markets that can drive positive social change. In the winter issue
2030 Marrakech, Morocco — If Donald Trump’s election killed any chance of fighting global climate change, nobody told the advocates, officials and bankers gathered here to put last year’s Paris climate agreement into effect. To put it another way: the falling price of solar energy and other renewables may trump the rise of climate-change skeptics in the U.S.