"Cisco is the latest tech giant to announce a big environmental push. The networking company said today that its foundation will invest $100 million over the next decade to fund projects that reduce carbon emissions as well as community awareness efforts."
Shell, Exxon Look to Profit From Capturing Customers’ Carbon Emissions
"Energy giants such as Exxon Mobil Corp. and Royal Dutch Shell are pushing carbon capture and storage—where carbon is gathered and buried underground—as part of a drive to reduce both their own and their customers’ emissions. Executives say the service could become a new source of income when the industry is grappling with how to adapt to a lower-carbon economy."
Citi Commits $1 Trillion to Sustainable Finance by 2030
"Today, we're excited to share that we are committing $1 trillion to sustainable finance by 2030, which aligns with the ambitious agenda of the United Nations' Sustainable Development Goals (SDGs), and builds on the work we outlined in our 2025 Sustainable Progress Strategy."
Profitable And Sustainable Businesses Exist: Explorer Bertrand Piccard Proves It With 1,000 Examples
"The 1,000 solutions are just the start of Piccard’s effort to dismantle the myth that sustainability and growth do not go hand in hand—they do, he argues, when the focus is on qualitative growth, which requires focusing on improving efficiency rather than quantity of production."
Apple creates fund for ‘working forests’ as part of carbon-removal efforts
Apple has invested $200 million into timber-producing forest properties that will be used to help reduce carbon emissions.
Absolute Decoupling of Economic Growth and Emissions in 32 Countries
"[T]here is increasing evidence that the world is on track to absolutely decouple CO2 emissions and economic growth — with global CO2 emissions potentially having peaked in 2019 and unlikely to increase substantially in the coming decade."
Honeywell Joins The Growing List Of Companies Committed To Carbon Neutrality
"Honeywell said that it would reach that goal in its operations and facilities through investment in energy-saving projects, conversion to renewable energy sources and other initiatives. It intends to use carbon credits to achieve that goal only if it can’t reduce emissions fast enough through innovation."
Tax Incentives Are No Way to Drive Energy Innovation. Here’s Why.
Preferential tax treatment reduces the necessity for an industry to make its technology cost-competitive, because the tax credit shields a company from recognizing the actual price at which its technology is economically viable.
The private sector is making progress for climate change
"One issue remains. Does the administration want to unleash the power of the private sector? Or does it want to change it by forcing companies with draconian regulation? If the administration cares about the climate, it has to think about the business community as a friend instead of a foe."
The company racing to free US from reliance on China for electric cars, wind turbines, and satellites
Through private sector innovation and smart federal policies, we can look to end China's monopoly on rare earth elements.
Copyright © 2020 Conservative Coalition for Climate Solutions