NewEnergyNews: Follow The Money To New Energy

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

  • Weekend Video: Samantha Bee’s Dirty Talk On The Climate Crisis
  • Weekend Video: The Green Hydrogen Solution
  • Weekend Video: The Recycled Lithium Solution
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Seeing Is Believing – The Climate Crisis Is Now
  • FRIDAY WORLD HEADLINE-More Global New Energy, PLEASE!
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT WEDNESDAY, October 20:

  • TTTA Wednesday-ORIGINAL REPORTING: Analysts On Midwest First Electrification Impact Analysis
  • TTTA Wednesday-New Energy Project Prices Edge Up
  • THE DAY BEFORE THAT

  • Monday Study – At California’s Level Of Solar, Solar Needs Storage
  • THE LAST DAY UP HERE

  • Weekend Video: Trevor Noah And Greta Thunberg Talk Climate Solutions
  • Weekend Video: Drying Up In Colorado
  • Weekend Video: Surrounded By Offshore Wind
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • MONDAY’S STUDY AT NewEnergyNews, October 25:
  • The Path To Texas Power System Reliability

    Friday, June 11, 2021

    Follow The Money To New Energy

    Green Finance Goes Mainstream, Lining Up Trillions Behind Global Energy Transition; After years of intermittent excitement and fizzled expectations, environmental-oriented investing is no longer just a niche interest

    Scott Patterson and Amrith Ramkumar, May 22, 2021 (Wall Street Journal)

    “Some of the world’s biggest companies and deepest-pocketed investors are lining up trillions of dollars to finance a shift away from fossil fuels…Assets in investment funds focused partly on the environment reached almost $2 trillion globally in the first quarter, more than tripling in three years. Investors are putting $3 billion a day into these funds. More than $5 billion worth of bonds and loans designed to fund green initiatives are now issued every day. The two biggest U.S. banks pledged $4 trillion in climate-oriented financing over the next decade….

    Money has been pouring into ESG investment funds focused on environmental, social and corporate-governance issues…After years of intermittent excitement followed by fizzled expectations, green finance is now looking less like the niche interest of socially conscious investors and more like a sustainable gold rush. Driven by surging valuations for electric-vehicle companies such as Tesla Inc. TSLA 2.61% and startup battery producers, banks and investors are betting the transition from fossil fuels is here to stay, and that they can make money by getting behind it, further entrenching the shift….Behind the geyser of capital is a confluence of forces. Big money managers see opportunities for substantial profits, and they also worry about financial risks associated with climate change. Many of their clients—giant pension funds and fast-trading young investors alike—want to put their wallets behind projects that aim to curb environmental damage…

    And many governments around the world are boosting spending on environmental issues and instituting new regulations on the carbon emissions that contribute to climate change…Even if investors and governments suffer losses, the inflow of cash could produce innovations in areas like batteries that are needed to significantly reduce carbon emissions…As recently as 2014, the world’s energy companies spent $735 billion on oil-and-gas extraction. The figure was less than half that last year, while spending on wind and solar projects rose to nearly $220 billion, up from about $135 billion six years earlier, according to Rystad Energy, a consulting firm. Some analysts predict spending on renewable energy will exceed oil and gas in the next several years…” click here for more

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