Tag Archives: Ceres

Secretary Granholm Asks U.S. Mayors to Speed Solar Deployment with Online Permitting Tool

SEIA News Release

WASHINGTON, D.C. — U.S. Secretary of Energy Jennifer Granholm wrote an open letter to all U.S. mayors asking them to adopt SolarAPP+, a transformative online solar permitting tool that helps to speed rooftop solar deployment.

This effort comes as Secretary Granholm caps off the Summer of Solar, her push to educate Americans on the benefits of solar energy. Secretary Granholm set a goal to get 125 communities to sign up to learn more about SolarAPP+ by September 30. Read the letter and learn more about SolarAPP+ at solarapp.nrel.gov. Read the entire news release here.

ALSO PUBLISHED BY SEIA

PV MAGAZINE

NEW SURVEY BY DATA FOR PROGRESS

Progressive poll finds support for solar energy tax credit legislation, The Hill
A new survey from progressive pollster Data for Progress found support for a Senate bill that would provide tax credits for solar energy manufacturers at all stages of the supply chain. The poll found that 67 percent of likely voters in the U.S. strongly or somewhat support the Solar Energy Manufacturing for America (SEMA) Act, compared to 23 percent who said they strongly or somewhat oppose the measure.

BLACKROCK

BlackRock losing ‘patience’ on pace of corporate ESG disclosure, CFO Dive
BlackRock, which manages $9 trillion in assets, has pressed for more disclosure in recent years, “but this was the year that we really started to take more concerted action based on what companies were providing us” before the 2021 proxy season, [Jessica McDougall, a director for investment stewardship at BlackRock] said.

Related Post: An Urgent Call To High-Emitting Sectors: It’s Time For Climate Action. Forbes article contributed by Mindy Lubber, CEO & President of Ceres, with additional resources provided by Nebraskans for Solar, including:

Proxy Preview, a collaboration between three organizations: As You Sow, Sustainable Investments Institute, and Proxy Impact. Proxy Preview provides the most comprehensive data on hundreds of shareholder resolutions – including environmental, corporate political spending, human rights, diversity, sustainable governance issues, and much more. Shareholder resolutions are a key form of engagement for U.S. investors interested in changing the environmental and social impacts of companies. Register for a free account to view Proxy Preview reports and watch a webinar at the website link above.

Iowa experiment tests potential to pair solar with carbon sequestration

By Karen Uhlenhuth, Energy News Network

As thousands of acres of Iowa farmland are eyed as possible sites for solar farms, a research project is getting underway to explore a new crop that could co-exist with this burgeoning source of power: carbon sequestration. The state’s economic development office last month awarded $297,000 to an environmental consultant to create a business model “for monetizing carbon capture on solar energy farms.” Continue reading here.

Iowa Carbon Sequestration Task Force

Related Reading & EPA Resources
Perry joins Alliant Energy in brownfield solar power project, The Perry News
RE-Powering America’s Land, Environmental Protection Agency (EPA) Brownfield Resources

Photo Credit: Werner Slocum / NREL

ALSO IN THE NEWS

SEIA NEWS RELEASE

Nearly 750 U.S. Solar Companies Unite for Long-Term Federal Policy Certainty
WASHINGTON, D.C. — Nearly 750 companies from across the U.S. solar supply chain sent a letter to Congress today urging action on policies that drive clean energy deployment and help us tackle the climate crisis.

The letter is part of a national campaign led by the Solar Energy Industries Association (SEIA) in support of transformative solar and clean energy policies in upcoming federal infrastructure legislation. The solar industry is calling for a long-term extension of the solar Investment Tax Credit (ITC) along with a direct pay provision, which will ease project financing challenges and shield the industry from pandemic-related disruptions. For more information about the solar industry’s infrastructure priorities, visit www.seia.org/infrastructure.

NEW CERES REPORT

new report released by the Ceres Accelerator for Sustainable Capital Markets reveals that the physical impacts of climate change could amount to more than a $250 billion risk annually for the largest U.S. banks.

The Ceres Accelerator report, Financing a Net Zero Economy: The Consequences of Physical Climate Risk for Banks highlights these risks and provides valuable insights to help banks realize and mitigate the systemic financial implications of physical risk. The report sets out a practical roadmap to help banks conduct risk assessments and incorporate climate risks into their day-to-day decision-making. It includes detailed recommendations across four broad categories to guide the banking industry in fully measuring, analyzing, and acting against threats posed by the physical risks of climate change.

join Ceres for a webinar on Tuesday, September 14th to discuss the report findings and recommendations with a former Senior Deputy Comptroller of the Currency and the Head of Financial Risk at Regions Bank.

Related Post: An Urgent Call To High-Emitting Sectors: It’s Time For Climate Action
Forbes
article contributed by Mindy Lubber, CEO & President of Ceres, with additional resources provided by Nebraskans for Solar.

An Urgent Call To High-Emitting Sectors: It’s Time For Climate Action

Contributed by Mindy Lubber, Forbes 

If we want to avert the most catastrophic impacts of the climate crisis, we will need bold, broad, and immediate action. We must act now and we will need everyone to do their part — countries, policymakers and regulators, each investor, every company.

That’s why we’re launching the Ceres Ambition 2030 initiative, designed to meet the urgency of this moment. We now know that the most ambitious actions of a few companies, or even a few hundred, aren’t enough. With Ambition 2030, we are working to decarbonize entire sectors, starting with six of the highest-polluting: electric power, oil and gas, steel, food, banking and transportation. Read more here.

Mindy Lubber is CEO and president of the sustainability nonprofit Ceres and a founding member of the global steering committee for Climate Action 100+. She was the recipient of the Champions of the Earth award —the United Nations highest environmental honor — for her leadership on climate change and sustainability. Lubber was also named Barron’s 100 most influential women in U.S. finance.

Ceres Initiatives Also Include

About Ceres
Ceres is a nonprofit organization working with the most influential capital market leaders to solve the world’s greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we drive action and inspire equitable market-based and policy solutions throughout the economy to build a just and sustainable future. For more information, visit ceres.org.

MORE CLIMATE ACTION RESOURCES

As You Sow: Our mission is to promote environmental and social corporate responsibility through shareholder advocacy, coalition building, and innovative legal strategies.

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Over the past 20 years we have created a system that has resulted in unparalleled engagement on environmental issues worldwide. Find out more about how we work.

Coalition For Green Capital (CGC) is a nonprofit with a mission to halt climate change by accelerating investment in clean energy technologies. CGC achieves this by advocating for, creating and implementing Green Bank finance institutions. Green Banks are a proven finance model that uses public and philanthropic funds to mobilize private investment in renewable energy, energy efficiency and other decarbonization technologies. For over a decade, CGC has led the Green Bank movement, working at the federal, state and local level in the U.S. and in countries around the world. By increasing investment and accelerating the construction of clean power, CGC is helping deliver a cleaner, better future.

Environmental Protection Agency: Climate Change
EPA’s climate change website is back, with more content to come. Please return as we add new information and features. Learn more about the objectives of the EPA Climate Change website. Understanding and addressing climate change is critical to EPA’s mission of protecting human health and the environment. EPA tracks and reports greenhouse gas emissions, leverages sound science, and works to reduce emissions to combat climate change.

Interfaith Center On Corporate Responsibility is a coalition of faith- and values-based investors who view shareholder engagement with corporations as a powerful catalyst for change. Our mission statement, “inspired by faith, committed to action” sets forth our pledge to be active owners, and to engage meaningfully with the companies in our portfolios through the process of shareholder engagement that we pioneered nearly 50 years ago. 

Our guiding principle as shareholders is that sustainable corporations must look beyond the next earnings report to account for the full impact of their business on society and must view the well-being of all of their stakeholders―including their workers and the communities where they operate — as integral to their long-term value.

Proxy Preview is a collaboration between three organizations: As You Sow, Sustainable Investments Institute, and Proxy Impact. Proxy Preview provides the most comprehensive data on hundreds of shareholder resolutions – including environmental, corporate political spending, human rights, diversity, sustainable governance issues, and much more. Shareholder resolutions are a key form of engagement for U.S. investors interested in changing the environmental and social impacts of companies. Register for a free account to view Proxy Preview reports and watch a webinar at the website link above.

RESOURCES FOR GOVERNORS & MAYORS 

The U.S. Climate Alliance is a bipartisan coalition of governors committed to reducing greenhouse gas emissions consistent with the goals of the Paris Agreement. The alliance represents:

  •  61% of the U.S. economy.
  •  57% of the U.S. population.
  •  43% of U.S. emissions.

Climate Mayors, founded in 2014, is a bipartisan, peer-to-peer network of more than 470 U.S. mayors demonstrating climate leadership through meaningful actions in their communities. Representing 48 states and 74 million Americans, the Climate Mayors coalition reflects U.S. cities’ commitment to climate progress. 

Conservancy charts a solar showcase on the coalfields of Central Appalachia

By Elizabeth McGowen, Energy News Network

When Danny Van Clief chose a career in solar energy, he wasn’t seeking a turbulence-free glide path. Instead, the CEO of Sun Tribe Development wanted the freedom to jump with both feet into formidable challenges — ones that might spook other developers.

That pluck has landed his Charlottesville company the opportunity to be the first to generate large-scale renewable power on the coalfields of Central Appalachia. If the bold venture announced this week comes to fruition, roughly 550 acres of deforested minelands sprinkled across an expansive Nature Conservancy preserve will generate up to 75 megawatts of solar energy within two to three years. Continue reading here.

Photo Credit: Brad Kreps / The Nature Conservancy

THE NATURE CONSERVANCY IN NEBRASKA

Featured Resources
Nebraska’s Climate Solutions: See how The Nature Conservancy is finding hope for the future in all corners of Nebraska.

Photo: Nature Conservancy’s 50-kilowatt off-grid solar system at the Niobrara Valley Preserve, one of the Conservancy’s largest in the U.S. The Nebraska Environmental Trust awarded a grant for the project  It was designed by Morrissey Engineering of Omaha and installed by SWT Energy in collaboration with Sentry Electric of Lincoln, Nebraska.

ADDITIONAL RECOMMENDED READING

About The Nature Conservancy
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. Working in 72 countries and territories: 38 by direct conservation impact and 34 through partners, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit: www.nature.org

FREE CERES & IIGCC WEBINAR 

The Role of Natural Climate Solutions in Corporate Climate Commitments: A Spotlight on Investor Engagement

This webinar on May 18 at 10 a.m. will launch a new publication by Ceres and IIGCC, “The Role of Natural Climate Solutions in Corporate Climate Commitments: A Brief for Investors.” Developed in collaboration with investors, the brief provides asset owners and managers with guidance for engaging portfolio companies on the use of NCS in their climate commitments.

Website Links

Businesses urge Biden admin to set ambitious federal climate target

By Cailin Crowe, Smart Cities Dive

A group of multinational corporations — including Apple, Microsoft and Walmart — and small to medium enterprises have signed a letter urging the Biden administration to pursue an ambitious federal climate target, or national determined contribution (NDC), that will reduce greenhouse gas (GHG) emissions at least 50% below 2005 levels by 2030.

Led by the “We Mean Business” coalition and nonprofit sustainability advocacy group Ceres, the companies that signed the letter each have business operations in the U.S. and share the goal to halve emissions over the next decade to help the country reach net zero emissions by 2050.
Read more here. 

Website Links
We Mean Business Coalition
Ceres

RELATED NEWS & RESOURCES

The Institute On Taxation And Economic Policy (ITEP) Analyses

The Institute On Taxation And Economic Policy (ITEP) is a non-profit, non-partisan tax policy organization that conducts rigorous analyses of tax and economic proposals and provides data-driven recommendations on how to shape equitable and sustainable tax systems. ITEP’s expertise and data uniquely enhance federal, state, and local policy debates by revealing how taxes affect both public revenues and people of various levels of income and wealth.

PRESIDENT BIDEN’S FY 2022 BUDGET PROPOSAL

FEATURED AMERICANS FOR A CLEAN ENERGY GRID RESOURCE

What Everyone Needs to Know about Transmission: Facts and Sources
To download the full “Facts and Sources” document, click here.

Americans for a Clean Energy Grid (ACEG) is the only non-profit broad-based public interest advocacy coalition focused on the need to expand, integrate, and modernize the North American high-voltage grid. ACEG brings together the diverse support for an expanded and modernized grid from business, labor, consumer and environmental groups, and other transmission supporters to support policy which recognizes the benefits of a robust transmission grid.

NPPD’S R-PROJECT RESOURCES

New Study – Maximizing Land Use Benefits From Utility-Scale Solar: A Cost-Benefit Analysis of Pollinator-Friendly Solar in Minnesota

By Katie Siegner, Scott Wentzell,  Maria Urrutia,  Whitney Mann, Hallie Kennan
Yale Center for Business and the Environment

As utility-scale solar development expands throughout the United States, with an expected land footprint of 3 million acres by 2030, there is growing interest across various stakeholder groups in adopting land use best practices for new projects.

Pollinator-friendly solar, which incorporates native grasses and wildflowers throughout a solar installation, is one approach to cultivating additional land use benefits from solar projects. The practice is increasingly common, especially in Minnesota, the first state to adopt a voluntary pollinator-friendly solar standard.  Read more here.

UNIVERSITY OF ILLINOIS AT CHICAGO LAUNCHING STUDY

ADDITIONAL RECOMMENDED READING

APPLE’S GLOBAL CARBON EMISSIONS & SUPPLY CHAIN GOALS

Apple CEO Tim Cook touts green, renewable initiatives in UN speech, CNET
As part of his speech, Cook touts that Apple has added 25 suppliers to the 70 it’s already helping transition to 100% renewable energy. He also notes Apple’s other efforts, including that it’s become carbon neutral for its worldwide corporate emissions.  Ultimately, Cook says, Apple wants its entire supply chain and product usage to be carbon neutral within a decade.

RE100 Resource
Going Beyond: A guide to integrating renewable electricity into your supply chain
This paper provides insights for companies who are starting to implement a renewable electricity program throughout their supply chain. It uses the experience of Apple, BT and IKEA Range & Supply to demonstrate the challenges they face and how they are addressing them.

HYDROPOWER

As Wisconsin transitions to a cleaner grid, can the original renewable energy contribute?, Wisconsin State Journal. After a half-century of fighting dams, a group of conservation organizations last month reached a truce with the hydropower industry, agreeing to work together to generate more clean energy from existing dams while working to mitigate the environmental impacts.

Two and a half years in the making, the agreement, negotiated by groups including the Union of Concerned Scientists, the World Wildlife Fund and American Rivers, reflects a recognition that climate change represents an even greater ecological threat and that hydroelectricity will play a key role in integrating variable clean energy sources like wind and solar.

Nebraska Hydropower

GREEN HYDROGEN

Why green hydrogen is the renewable energy source to watch in 2021, ABC News
The price tag and energy needed to make it will be worth it, experts say. Green hydrogen, an alternative fuel generated with clean energy, is experiencing a global resurgence and has been identified as the clean energy source that could help bring the world to net-zero emissions in the coming decades. It was initially touted in the U.S. during President George W. Bush’s first term, when it was nicknamed the “freedom fuel.”

EV CHARGING DESERTS

In Chicago, ‘charging deserts’ part of racial divide on electric vehicles, Energy News Network
Public charging stations are most heavily concentrated in the city’s more affluent neighborhoods, creating a chicken/egg scenario for electric car adoption.

SUSTAINABLE AVIATION

Can Shell help pilot a new era of sustainable aviation?, GreenBiz
Shell is just one of several oil companies eyeing new business opportunities in sustainable aviation, particularly at a time of flat or declining outlooks for petroleum-based fuels. In addition to Shell, oil majors including BP, Chevron, Eni, Neste, Phillips and Total are vying for a piece of the action in sustainable aviation, often in partnership with smaller renewable fuel producers, including Aemetis, Fulcrum BioEnergy, SkyNRG, Sundrop Fuels, Velocys and World Energy.

GLOBAL SUSTAINABLE ENERGY

The Rockefeller Foundation Announces Call To Action To Provide Sustainable Energy For One Billion People By 2030, Rockefeller Foundation News Release, PR Newswire

“In this era of unprecedented crises—including the coronavirus pandemic—we have a responsibility and remarkable opportunity to harness the power that can lead to a more equitable, safer world,” said Dr. Rajiv J. Shah, President of The Rockefeller Foundation, “Our goal is ambitious yet achievable: to bring reliable and sustainable electricity, powered by renewable technologies, to a billion people by the decade’s end. Our success will empower millions of people to participate in a modern economy, growing economic opportunity for us all.”

FEATURED GLOBAL CLIMATE INITIATIVE

Climate Action 100+ is an investor initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change. The companies include 100 ‘systemically important emitters’, accounting for two-thirds of annual global industrial emissions, alongside more than 60 others with significant opportunity to drive the clean energy transition. 

To date, 545 investors with nearly USD $52 trillion in assets under management have signed on to the initiative.

Climate Action 100+ is coordinated by five partner organizations: Asia Investor Group on Climate Change (AIGCC); CeresInvestor Group on Climate Change (IGCC); Institutional Investors Group on Climate Change (IIGCC) and Principles for Responsible Investment (PRI). 

NU to offer more transparency about investments amid calls to divest from fossil fuels

By Chris Dunker, Lincoln Journal Star

Students across the University of Nebraska system have called on administrators to fully divest from fossil fuel companies, part of a nationwide movement in higher education. Ted Carter, NU’s system president, said achieving that goal would be difficult in a short time frame.

There’s no way to flip a switch and immediately divest, he said, as investments are often intertwined across various funds in complicated ways. But Carter, who is wrapping up his first year at Nebraska, said the university will begin looking for opportunities to do so, citing the passion students have demonstrated for the issue. Read more here.

Referenced in the article: Carbon Underground 200

Additional Resources

As You Sow
Our mission is to promote environmental and social corporate responsibility through shareholder advocacy, coalition building, and innovative legal strategies. Our vision is a safe, just, and sustainable world in which protecting the environment and human rights is central to corporate decision making. Corporations are responsible for most of the pressing social and environmental problems we face today — we believe corporations must be a willing part of the solutions. We make that happen.
Resources Include: 

As You Sow has seven Invest Your Values online tools, including Fossil Free Funds, which provide a searchable database for each value.
Resources on Climate Change

Billion Dollar Green Challenge
The Billion Dollar Green Challenge (The Challenge) encourages colleges, universities, and other nonprofit institutions to invest a combined total of one billion dollars in self-managed revolving funds that finance energy efficiency improvements. Participating institutions will achieve reductions in operating expenses and greenhouse gas emissions, while creating regenerating funds for future projects. In 2011, The Sustainable Endowments Institute launched The Challenge in collaboration with 16 partner organizations to help nonprofit institutions achieve sizable energy savings through the use of green revolving funds. Green Revolving Funds: A Guide to Implementation & Management

CDP
Formerly the Carbon Disclosure Project, CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions. We believe that improving corporate awareness through measurement and disclosure is essential to the effective management of carbon and climate change risk. We request information on climate risks and low carbon opportunities from the world’s largest companies on behalf of over 515 institutional investor signatories with a combined $106 trillion in assets.

Ceres
Ceres is a sustainability nonprofit organization working with the most influential investors and companies to build leadership and drive solutions throughout the economy. Through powerful networks and advocacy, Ceres tackles the world’s biggest sustainability challenges, including climate change, water scarcity and pollution, and inequitable workplaces. Our mission: Ceres is transforming the economy to build a sustainable future for people and the planet.
Initiatives include: Commit to Climate, We Are Still In, Climate Action 100+ and Clean Trillion

Proxy Preview
Proxy Preview is a collaboration between three organizations: As You Sow, Sustainable Investment Institute, and Proxy Impact. The annual Proxy Preview report is the #1 resource for shareholders looking to align their values and corporate engagement. Proxy Preview is the most comprehensive data on hundreds of shareholder resolutions – including environmental, corporate political spending, human rights, diversity, and sustainable governance issues. Shareholder resolutions are a key form of engagement for U.S. investors interested in changing the environmental and social impacts of companies. Register for a free account to view the 2020 Proxy Preview report and watch a webinar at the above website link.
Shareholder Resources
Proxy Voting 101

Second Nature
Since 1993, Second Nature has worked with over 4,000 faculty and administrators at hundreds of colleges and universities to help make the principles of sustainability fundamental to every aspect of higher education. In late 2006, twelve visionary college and university presidents initiated the American College & University Presidents’ Climate Commitment (ACUPCC). They were motivated by their conviction that higher education had the capacity and responsibility to lead on climate and sustainability action for the sake of their students and society.
See: The Presidents’ Climate Leadership Commitments
University Climate Change Coalition (UC3)
Resource Library

Capital Dynamics Enters into New Strategic Relationship with Tenaska

Capital Dynamics & Tenaska News Release, PRNewswire 

Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure business has signed an agreement with Tenaska to enter into a new strategic relationship, increasing its greenfield solar footprint in both the Midwest and Southeast United States.

The transaction comprises 24 solar projects located in the Midcontinent Independent System Operator (MISO) and Southeast Reliability Council (SERC) markets, totaling 4,800 megawatts (MW). The portfolio represents a large share of solar projects currently in the MISO and SERC interconnection pipelines and further diversifies Capital Dynamics’ growing utility-scale solar power portfolio across seven new states. Read more here.

Additional Recommended Reading
Capital Dynamics and Tenaska Partner on 4.8 Gigawatts of Solar Development, Greentech Media. For Tenaska, the 4.8-gigawatt deal follows another large-scale sale to Spain’s Acciona last year, with Acciona buying 3 gigawatts of solar and 1 gigawatt of solar-plus-storage from Tenaska in the U.S.

MORE NEWS & COMMENTARY 

COMMUNITY SOLAR

Why Associated plugged in to community solar energy, American Banker
Associated Banc-Corp. in Green Bay, Wis., recently subscribed to five solar gardens currently in development across Minnesota and Illinois. The subscription doesn’t cost the company anything, and its commitment to using a certain proportion of the energy produced is expected to slash about 20%, or $57,000, off its annual electricity bill.

SOLID-STATE BATTERIES

Investors Still Betting on Next Big Energy Storage Technology: Solid-State Batteries, Greentech Media. Solid-state batteries could be safer and more energy-dense than lithium-ion products are today. The improved technology could hit the market by the mid-2020s, analysts say. Companies including Ionic MaterialsQuantumScapeSila NanotechnologiesSion Power and Solid Power are developing all-solid-state batteries (ASSBs) that are expected to be safer and more energy-dense than the lithium-ion products used in today’s electric vehicles and battery systems. “Lithium-ion today, with a metal-oxide cathode and carbon-based anode, is starting to approach its theoretical limits,” said Solid Power CEO Doug Campbell in an interview.

NEW U.S. CHARGING STATION MANUFACTURER

Dutch charging station company looks to plug in to U.S. electric vehicle growth, by Audrey Henderson, Energy News Network. EVBox manufactures charging stations and the software to manage them. The company is expanding its presence in the U.S. to take advantage of a growing electric vehicle market. Electric transportation advocates note the move is particularly timely given recent advancement of electric vehicle policy in Illinois.

CLEAN ENERGY CAREERS

  • What’s It Like to Be a Renewable Energy Project Developer?, Greentech Media
    We’re asking people with cleantech jobs to tell us what they do all day. Next up: K. Harley McDonald, senior business developer at Avangrid Renewables.
  • An Anxious Accountant’s Journey to the Top, Greentech Media
    In this special podcast, we discuss how one finance expert overcame his anxieties and flourished in renewable energy. Today, he leads CohnReznick’s renewable energy industry practice and helps utilities and other energy companies execute all kinds of transactions, from long-term contracts to hedging strategies to tax structures.

TESLA  

Tesla Solar Panels and Roof: Pricing and how to buy, by Fred Lambert, Electrek

Tesla solar roof tiles are not available in as many markets as Tesla’s solar panels. The company is still hiring and training roofers in many markets and it is expanding fast. Tesla’s regular solar panel installations are more easily available.

Tesla’s website:
“We are hiring roofers, installers and electricians who will work together to deploy Solar Roof in Arizona, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Maryland, Massachusetts, New Jersey, New York, Nevada, Oregon, Texas, Utah and Virginia.”

MORE CORPORATE NEWS

NEW CERES REPORT

Coal retirements spur 8% drop in 2019 power sector carbon pollution after Duke, Vistra top 2018 emitters: Ceres, by Catherine Morehouse, Utility Dive. Progress in 2019 is a cause for optimism, report author and Senior Director of Electric Power at Ceres, Dan Bakal, told Utility Dive, though the sector will need to move even faster in order to offset the worst impacts of climate change.

About Ceres
Ceres is a sustainability nonprofit organization working with the most influential investors and companies to build leadership and drive solutions throughout the economy. Through powerful networks and advocacy, Ceres tackles the world’s biggest sustainability challenges, including climate change, water scarcity and pollution, and inequitable workplaces. Mission: Ceres is transforming the economy to build a sustainable future for people and the planet.
Resources include: Proxy Voting Guidebook 2020

Ceres Initiatives

MORE ON RECENTLY-RELEASED ENVIRONMENTAL GROUPS’ REPORT 

How to replace 187 GW of coal with renewables, and save customers money, by William Driscoll, PV Magazine. Promptly retiring 79% of the nation’s 236 GW of coal units, and replacing them with renewables and storage, would yield savings of $10 billion per year, says a report from the Rocky Mountain Institute, Carbon Tracker and Sierra Club. Retiring all of them now, including units that are not yet uneconomic, would still save $9 billion per year. The authors recommend federal involvement in financing this transition, and using the savings not only to lower customers’ electric bills but to fund transition assistance for affected workers and communities.

NEWS FROM CANADA

Massive 340,000-panel solar farm to take flight at Edmonton International Airport, Edmonton Journal. A massive renewable energy project roughly the size of 313 CFL football fields could be arriving in Edmonton by the end of 2022. Edmonton International Airport announced Tuesday plans to build a 627-acre, 120-megawatt solar farm — enough energy to power 27,000 or 28,000 homes — on the west side of its lands as part of an agreement with European-based renewable energy company Alpin Sun. Solar power from the farm would feed into Fortis Alberta and the airport.

Stimulus spending on electricity decarbonization: The role of corporate renewable buyers

Utility Dive article contributed by Zdravka Tzankova,
Associate Professor NTT at Vanderbilt University

A group of U.S. scholars and activists has released an insightful, detailed proposal for a green stimulus response to the COVID recession. The merits of this $2 trillion green stimulus proposal are many and notable — from its list of public investments to decarbonize U.S. energy, transportation, and built infrastructure, to its call for creating the good green jobs needed for achieving such decarbonization. But what about the political prospects for U.S. stimulus spending on energy decarbonization? Recent developments in corporate renewable procurement suggest one promising strategy for aligning the political odds in favor of stimulus spending that accelerates grid-greening and renewable transitions. Read more here.

Can Planting a Trillion Trees Stop Climate Change? Scientists Say it’s a Lot More Complicated

By Bob Berwyn, Inside Climate News

Compared with cutting fossil fuels, tree planting would play only a small role in combating the climate crisis. And while trees might help the planet survive in the long run, scientists say, first we have to save them. Global warming is a threat-multiplier for drought, fires and pests that have killed trees across millions of acres in the last 20 years. And forests all over the world are already in the full grip of the climate crisis, said University of Arizona ecohydrologist David Breshears. Read more here.

Photo Credit: Alex Torrenegra/Flickr

MORE CLIMATE ACTION NEWS

Previously Posted 

  • BlackRock joins Climate Action 100+ to ensure largest corporate emitters act on climate crisis, Climate Action 100+ News Release. With the addition of the world’s largest asset manager, with more than $6.8 trillion USD in assets under management, Climate Action 100+ continues to grow in size and influence. BlackRock joins more than 370 global investors already participating in the initiative. The addition of funds it manages, brings total assets under management represented by investors participating in Climate Action 100+ to more than $41 trillion.
  • BlackRock Sends Huge Warning Shot at Companies Ignoring Climate Risk, Greentech Media. In a move that will resound across the world of energy investing, BlackRock, the world’s largest asset manager, this week warned of a “fundamental reshaping of finance” as the impacts of climate change become better understood. BlackRock CEO Larry Fink said in an open letter that his company will end support for thermal coal, screen fossil fuel investments more closely, and redesign its own investment approach to put sustainability at its core. 

FEATURED NONPROFIT ORGANIZATION

Ceres is a sustainability nonprofit organization working with the most influential investors and companies to build leadership and drive solutions throughout the economy. Through powerful networks and advocacy, Ceres tackles the world’s biggest sustainability challenges, including climate change, water scarcity and pollution, and inequitable workplaces. Mission: Ceres is transforming the economy to build a sustainable future for people and the planet.
Resources include: Proxy Voting Guidebook 2020

Brief Ceres YouTube Video

Ceres Initiatives

RENEWABLE ENERGY INVESTMENT ATTRACTIVENESS INDEX

USA Is #1 In The World For Renewable Energy Investment Attractiveness, CleanTechnica
Since 2003, the biannual Renewable Energy Country Attractiveness Index (RECAI) has ranked the top 40 countries based on investment in renewable energy, a key part of the energy transition. 

Previously Posted

In a March article, After the age of contagion, what’s the ‘new normal’?Joel Makower, Chairman & Executive Editor of the GreenBiz Group, spells out the massive benefits of America’s transition to a green economy, with clean and renewable energy, regenerative farming, climate action, carbon reduction and other opportunities at its core:

We at GreenBiz have reported on a spate of studies and plans that similarly align sustainability with large-scale economic development: the circular economy (a $2 trillion opportunity), carbon tech (a trillion-dollar opportunity), sustainable food and land systems ($4.5 trillion) low-carbon cities ($24 trillion), climate action ($26 trillion) and more. As I noted last fall, trillion is the new billion. And then there’s the Green New Deal, a concept that seems to have been rekindled in the age of contagion.