Mike Scott, Contributor, Forbes
Some of the world’s biggest companies, representing $17 trillion in market capitalization, have said that climate change could cost them almost $1 trillion, much of it within the next five years, with a potential $250 billion write-off of stranded assets.
However, they also said that there are climate opportunities of $2.1 trillion, “nearly all of which are highly likely or certain”. Financial companies alone saw potential revenue of $1.2 trillion from low emissions products and services but they also face almost 80% of the total financial impacts, increasing the urgency for them to shift their investments into lower-carbon projects. Read more here.
- ‘Stranded costs’ mount as coal vanishes from the grid
- Renewable Energy Buyers Alliance
With dedicated expertise from four successful nonprofit programs that have helped organizations break through barriers in renewable energy procurement in recent years, REBA’s goal is to catalyze 60 gigawatts (GW) of new renewable energy by 2025, and expand the number of organizations buying clean power from dozens today to tens of thousands.
Business Renewables Center
Renewable Energy Buyers Principles
Green Tariff Tracking
Future of Internet Power
ALSO IN THE NEWS
- Business Opportunities Up For Grabs In The Clean Energy Transition, The Climate Group
- Bill Seeks To Expand Master Limited Partnerships To Renewable Energy, North American Windpower
- U.S. Renewable Power Capacity Surpasses Coal For The First Time, Forbes
- Target Corporation Goes for 100% Renewable Electricity by 2030, Energy Manager Today
- US wind energy industry is booming, but tariffs pose a threat, CNBC
- Previously Posted: Local View: Tariffs jeopardize wind farm growth, by Dan McGuire, Director of the American Corn Growers Foundation, Lincoln Journal Star
- Learn more about tariffs’ economic impacts here: Tariffs Hurt the Heartland
Nebraska Fact Sheet, March 2019
- DOE has no ‘regulatory or statutory ability’ to create coal, nuclear bailout, says Perry, by Catherine Morehouse, Utility Dive