Investors Pledge $10 Billion To Fight Global Warming
U.S. institutional investors pledged to invest $10 billion over two years in technologies that aim to reduce greenhouse gas emissions and to pressure companies to disclose their risks associated with climate change, Reuters reports.
Hundreds of investors at the U.N. summit searched for answers on how to put a price on carbon emissions and how to blunt the economic cost of cutting carbon emissions.
“As soon as people believe carbon has a price, it’s going to have a price,” said venture capitalist Vinod Khosla.
Energy Manager News
- Dynegy Files to Move Illinois Into ‘Single, Competitive Power Market’
- IRRC Jettisons Pennsylvania PUC’s Controversial Cap on Net Metering
- Energy Storage: It’s About the Software
- MIT Develops Promising New Battery Storage Technology
- India Launches Net-Zero Building Portal
- Companies Cooperating on Waste-to-Energy Projects
- Clean Energy Commitment in the Corporate and Local Small Business Sphere
- Xcel Asks for $90M ‘Switching Fee’ If Lubbock Utility Joins ERCOT