“But in recent years, the ground has shifted beneath corporations. As public pressure on climate change builds, big-name investors increasingly see global warming as a threat to financial markets, and companies begin to realize their own material risks from climate change effects.”

“The world’s transition to cleaner sources of energy is gaining speed as the coronavirus pandemic accelerates a shift in investment away from fossil fuels, according to the International Energy Agency.”

"Moving to renewable energy and electric vehicles can help reduce GHGs. But we can’t transition to them overnight. There are other ways to reduce GHGs. One method often discussed is carbon capture and storage (CCS). It’s also known as carbon sequestration, carbon scrubbing and clean coal technology."

“Crucially, the very incentives that drive private sector innovation also drive ever-greater economic and environmental efficiency – serving both humanity and the planet well. Free markets are good for innovation, and innovation is good for the environment.”

As Daniel Yergin writes on the Wall Street Journal, the global energy landscape is shifting from oil producers like Saudi Arabia and Russia, to innovators such as China and the United States.

“Natural gas produced by fracking has been instrumental in the revitalization of the Keystone State’s economy. It has become to Pennsylvania what cheese is to Wisconsin, corn to Iowa, and oranges to Florida.”

“‘Morgan Stanley believes we have an important role to play in facilitating the transition to a low carbon future, and we are proud to embark on this journey.’"

“Renewable energy has made remarkable gains over the past decade. Targeted federal investment in physical infrastructure can maintain that momentum while creating jobs, sparking economic activity, and improving environmental performance.”

NextEra Energy is pouring billions of dollars into battery storage.

“As a country prospers, its citizens are better able to care for the environment and reduce pollutants emitted from industrial growth.”