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Citi Puts $44 Trillion Price Tag on Climate Change Inaction

Investing in low-carbon energy would save the world economy and society $1.8 trillion by 2040. Failing to take global action to avoid a climate change tipping point, moreover, will cost the global economy and society some $44 trillion by 2060, , according to Citi’s Altenative Energy and Cleantech Research Group.

US-Solar-Installation-300x199 Indiana

Duke Invests to Acquire 20MW of Solar Power in Indiana

Duke Energy has sealed deals with two renewables project developers to purchase the electricity to be generated from four new solar power projects in Indiana.

The Nissan Leaf Electric Car

Electric Cars Are Critical To Stopping Global Warming, But That’s Not Why They’ll Take Off

I wouldn’t blame you if you thought electric cars weren’t green. There’s a massive misinformation campaign against them, and part of that is trying to seed doubt about one of their top advantages — that they are one of the best solutions to global warming. I’ll tackle that point below, but first, let’s get something straight: the electric car market…

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Two visions of philanthropic capitalism will lead to two visions of a sustainable fuiture

Two Visions of Capitalist Philanthropy from Two Renewable Energy Investors

Bill Gates and Warren Buffet are philanthropists who are both invested in renewable energy. While their actions may appear similar, their diverging investment philosophies reflect two different visions of capitalism. Renewable energy is a critically important part of sustainability oriented business practices and responsible investment strategies that are driving environmental and social change. Renewables are a low carbon energy source…

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Drought, Climate Change Exacts Heavy Toll In Central America

From Panama on up, the greenhouse effect and the onset of El Niño is leading to more in the way of drought and extreme variability in weather patterns. Drought across El Salvador, Guatemala, Honduras and Nicaragua displaced some 2 million rural residents, mostly smallholder farmers and their families this year. In Panama, rainfall this spring has set a new record low and residents have been coping with a heat wave.

Wind turbines in South Africa. Sustainable economic growth means investing in sustainability

Fiscal Sustainability: Stimulus or Austerity

Cost cutting and economic consolidation makes good fiscal sense particularly during difficult economic times.  Conversely, stimulating your economy with investments that contribute to sustainable growth and create jobs also makes sense. As the wave of recession was breaking around the world, the IMF’s managing director said,  “if there has ever been a time in modern economic history when fiscal policy and…

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India village rooftop solar

Global Commission Puts Forth 10 Actions to Spur Economies and Reduce Emissions

Releasing a broad-based and far-ranging new research report entitled, “Seizing the Global Opportunity: Partnerships for Better Growth and a Better Climate,” the Global Commission for the Economy and the Climate identifies ten economic growth opportunities that “could close up to 96 percent of the gap between business-as-usual emissions and the level needed to limit dangerous climate change.”