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JPMorgan halfway to $200B clean financing; CEOs to talk carbon pricing

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Infographic: U.S. Solar Power by the Numbers Q2 2023

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Infographic: U.S. Energy Storage by the Numbers Q2 2023

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Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise

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Insight Weekly: US companies boost liquidity; auto insurers hike rates; office sector risk rises


JPMorgan halfway to $200B clean financing; CEOs to talk carbon pricing

Democrats seek info from US EPA on claim that car standards freeze will save lives

Two top Democrats are seeking information from the U.S. Environmental Protection Agency related to Administrator Andrew Wheeler's public claims that a proposal to freeze Obama-era vehicle fuel-economy standards will save money and lives.

JPMorgan reports being halfway to $200B clean financing goal

JPMorgan Chase & Co. is halfway to its goal of providing $200 billion in clean financing between 2016 and 2025, the bank announced in a climate report released May 24.

US Sen. Manchin says Moniz's Green Real Deal lives up to its name

The top-ranking Democrat of the U.S. Senate Energy and Natural Resources Committee heralded an alternative to the Green New Deal as a realistic approach but warned that political tribalism and language differences are holding back the fight against climate change.

US EPA chief: Green New Deal fails to 'value' electric grid reliability

EPA Administrator Andrew Wheeler suggested May 23 that the progressive-backed Green New Deal and similar clean energy initiatives do not "value" electric grid reliability and therefore could endanger public health.

Resolutions on political spending, coal ash fail at NextEra, PNM Resources

A NextEra Energy Inc. shareholder resolution to disclose political contributions and a PNM Resources Inc. shareholder proposal to publish a coal ash report for the San Juan Generating Station failed to pass at recent annual meetings.

Former US EPA chiefs offer to help House committee with oversight efforts

Seven former EPA administrators offered to help a key House committee conduct oversight of the Trump administration's deregulatory agenda.

CEOs descend on Capitol Hill to talk carbon pricing, admit goal is a long shot

The heads of roughly 75 companies descended on Washington to press lawmakers to adopt a federal price on carbon, but several of the CEOs acknowledged in a press briefing that the prospects of this Congress passing such legislation is unlikely.

US EPA aims to introduce, finalize slew of energy-related rules in 2019

The U.S. Environmental Protection Agency intends to introduce or finalize a host of energy-related rules in the second half, according to its midyear regulatory agenda. The EPA's regulatory calendar, released on a biannual basis by the White House's Office of Information and Regulatory Affairs, offers a preview of the short- and long-term actions the agency plans to take in the future.

Southern CEO defends nuclear's role in decarbonization plans

Nuclear must be included with renewables as part of any serious effort to decarbonize U.S. energy, Southern Co. Chairman, President and CEO Tom Fanning said during the company's May 22 annual meeting, in response to shareholder questions about Southern's commitment to clean energy and the cost of two new nuclear reactors.

ESG Insider: CEOs lobby for carbon tax; green bonds face investor scrutiny

This week, CEOs from 75 companies descended on Capitol Hill to lobby lawmakers on the need for a carbon tax. It is part of a growing trend of companies opting to weigh in on the issue after Democrats took control of the House this year and the conversation around climate change became active again in the halls of Congress.

Range targets zero emissions in 1st corporate sustainability report

Range Resources Corp. on May 22 issued its first corporate sustainability report detailing its efforts to achieve zero emissions across its operations through a number of technologies and practices.

BP shareholders greenlight investor-led resolution to broaden climate reporting

Shareholders at oil major BP PLC overwhelmingly approved an investor-backed resolution May 21 to broaden the way the company reports its greenhouse gas emissions and climate goals.