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Showing 61 - 70 of 278 results for "renewables"

ESG fund performance leans on growth

ROSE MARY PETRASS  |  MONDAY, 20 MAY 2024  |  NEWS
... opposed to less meaningful ESG ratings." Rowe said sustainable funds should approach climate alignment differently. "Renewables only represent circa a quarter of the investment needed to meet net zero. Supporting efficiency and electrification are individually ...

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... fails on nature and biodiversity, gas, electrification, and ACCUs. Treasurer Jim Chalmers aims to unlock $65 billion in renewables by 2030 through the Capacity Investment Scheme. Key allocations include: $1bn to Solar SunShot, $466m to PsiQuantum, $500m ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... Westpac. CBA's target is $70 bn by 2030. It's current allocations to buildings are eight times the amount it invests in renewables, at 72% and 9% respectively. NAB's property allocation comprises almost 50% of its $70 bn target and the think tank says ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... opposite to what you often hear from activists on the far left and right who say that countries have to choose between renewables and oil and gas. "Even the most climate conscious among them saw that their long-term path to decarbonisation will include ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... respectively, of executives from these regions expressed a decrease in optimism. Transition-oriented growth businesses include renewables, hydrogen, bio-based products, and lithium. In Europe and North America, roughly a third (30% and 29% respectively) ...

AI trumps climate as chief risk factor: economists

ROSE MARY PETRASS  |  WEDNESDAY, 21 FEB 2024  |  NEWS
... between $15 to $30 trillion. According to 2022 estimates from CSIRO, it would cost Australia $500 billion to convert to renewables. "As an investor, this also provides opportunities," Parker said. Large providers of equity and debt capital are "well-placed" ...

Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
... decarbonisation of the grid to provide uninterrupted renewable power supply to aluminium smelters," Dragicevich said. "Renewables do not provide that and the tech outside of nuclear/hydro does not exist currently, so the development of that is crucial ...

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... and carbon capture and storage. It also encourages flows to hybrid vehicles, while maintaining a cautious outlook on renewables. The roadmap also proposes the construction of new nuclear reactors. However, the Climate Transition Bond has clear delineation ...

Grok Ventures appoints new CEO

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024  |  NEWS
... of financing." Grok's current investment portfolio across climate tech covers software (gridmo, Neara, WeaveGrid), renewables generation/storage hardware (SunDrive, Antora), sustainable fuels (Lydian), critical minerals (Fleet), sustainable food (Loam ...

Brookfield reaches first close on second transition fund

RACHEL ALEMBAKIS  |  THURSDAY, 8 FEB 2024  |  NEWS
... in carbon-intensive sectors to more sustainable business models. The seed portfolio of BGTF II includes a UK onshore renewables developer and a solar development partnership in India, with a "robust" pipeline of further investment opportunities. The ...