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3% GHG Reduction ‘Could Save Firms $780 Billion’

3% GHG Reduction ‘Could Save Firms $780 Billion’

If US businesses act now to reduce greenhouse gas emissions by an average of 3 percent annually, they can save up to $190 billion in 2020 alone, or $780 billion over 10 years, according to a report by World Wildlife Fund and CDP. According to The 3% Solution: Driving Profits Through … Read more »

S&P Warns of Credit Downgrade for BP, Shell, Others

Oil and gas companies including BP and Shell will likely see declines in cash flows and credit downgrades if world leaders implement policies to limit GHG emissions, according to a study by Carbon Tracker and Standard & Poor’s. What A Carbon-Constrained Future Could Mean For Oil Companies’ Creditworthiness looks at … Read more »

Standards & Compliance Briefing: Solar Finance, Freedom Foods, ICC Global Services

Solar industry companies including Distributed Sun and DuPont Photovoltaic Solutions have established the truSolar Working Group, a consortium that aims to develop uniform financial standards for solar projects. Less than 5 percent of US lending institutions are actively involved in financing solar projects due to concerns about industry risks, and … Read more »