Tina Bennett, CEO of Power Options, writes on the facilitiesnet website about the benefits of improved energy efficiency for nonprofits. By taking a proactive approach to energy management, nonprofits can continue fulfilling their missions, even in uncertain financial environments. Energy should no longer be treated as a fixed cost, but as a variable that should … Continue reading The benefits of improved energy efficiency for the nonprofit sector
Category: financial instruments
Trump’s EPA cancels $7 billion in funding for solar projects
A Le Monde news item reports that the US Environmental Protection Agency has terminated the grant that was intended to help pay for residential solar projects for more than 900,000 lower-income US households − a Biden-era attempt to introduce cleaner power onto the electrical grid and to lower energy bills for American consumers. EPA … Continue reading Trump’s EPA cancels $7 billion in funding for solar projects
China has updated its green taxonomy as part of the country’s efforts to strengthen its net-zero transition ambitions
In an article on the Green Central Banking website, Moriah Costa writes about latest developments in China to update its green taxonomy, which comes into effect in October. The catalogue defines which economic activities and investments qualify as green or environmentally sustainable across a wide variety of industries. China updates green taxonomy to increase … Continue reading China has updated its green taxonomy as part of the country’s efforts to strengthen its net-zero transition ambitions
Energy in Demand News, August 3-4, 2025
The EU and US agreed to a new trade deal in recent days, to a distinctly mixed reaction. The European Environmental Bureau (EEB), Europe’s largest network of environmental NGOs, warns that the centrepiece of the deal, a €700 billion pledge to buy U.S. fossil fuels and nuclear energy over the next three years, is fundamentally … Continue reading Energy in Demand News, August 3-4, 2025
The Science Based Targets initiative says that, to be 1.5C-aligned, financial institutions must stop funding firms that are expanding fossil fuel production and use
This week, the Science Based Targets Initiative (SBTi) launched a net zero standard for banks, asset managers and insurance companies, which requires them to end financing for firms that are expanding coal projects immediately and for those expanding oil and gas projects by 2030. In an article on the Climate Home News website, Joe Lo … Continue reading The Science Based Targets initiative says that, to be 1.5C-aligned, financial institutions must stop funding firms that are expanding fossil fuel production and use
New report from SciencesPo on the EU taxonomy in practice
Titouan Chalavon, Clara Klint and Barbora Rapantova have written a report for the SciencesPo European Chair for Sustainable Development and Climate Transition on how the EU taxonomy has helped drive energy efficiency investments. The following is the abstract for the report. The EU taxonomy in practice: driving energy efficiency investments? Mapping insights from stakeholders … Continue reading New report from SciencesPo on the EU taxonomy in practice
Energy in Demand News, July 13-14, 2025
Almost three-quarters of all solar and wind power projects being built globally are in China, according to a new report by Global Energy Monitor, a non-governmental organisation based in San Francisco. In its account of the report, the Financial Times notes that of the 689GW of utility-scale solar and wind projects under construction globally, China … Continue reading Energy in Demand News, July 13-14, 2025
Energy in Demand News, June 8-9, 2025
Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says. Clean energy technologies will attract twice as much capital as fossil fuels. Investment in clean technologies – renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification – is on … Continue reading Energy in Demand News, June 8-9, 2025
Energy in Demand News, June 1-2, 2025
Austria and Slovenia are the only European countries whose defence ministries have committed to reaching net zero military emissions, according to an analysis of 30 European countries (EU 27 plus Norway, Switzerland and UK). An article in the Guardian on the analysis added that only about one-third have worked out the size of their carbon … Continue reading Energy in Demand News, June 1-2, 2025
Impact of cuts to US National Science Foundation by Trump administration
Established in 1950 the National Science Foundation (NSF )is an independent federal agency that supports science and engineering in all 50 states and U.S. territories. It has had a great impact. Touch-screen technology, speech recognition, digital sound recording and the internet were all developed using NSF funding. In an article on The Conversation website, Paul … Continue reading Impact of cuts to US National Science Foundation by Trump administration
