- “How Four Top US Utilities Are Grappling With The Energy Transition (Or Not)” • Utilities will be front and center in efforts to combat global warming, reducing both their own carbon emissions and those of others. Today, no US utility can be said to be close to that vision, aside from a few like Vermont’s Green Mountain Power. [Greentech Media]
- “Prince Charles: We Need A New Economic Model Or The Planet Will Burn” • Only a revolution in the way the global economy and financial markets work can save the planet from the climate crisis and secure future prosperity, warned Prince Charles, a lifelong environmentalist. The heir to the British throne spoke in an interview with CNN. [CNN]
- “Top US Bankers Don’t Want To Lead The Climate Fight” • While professing deep concern about global warming, top executives at the World Economic Forum expressed reluctance to act as referees in financial markets to reduce greenhouse gas emissions. That, they said, is not their role, despite calls to stop funding carbon-intensive industries. [CNN]
- “Tesla Overtakes Volkswagen As Value Hits $100 Billion” • Tesla has displaced Volkswagen as the world’s second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100 billion (£76.1 billion, €90 billion). Tesla shares rose 4% on Wednesday, making its valuation second only to Toyota. [BBC]
- “I Brought Socially Conscious Change To Volvo Without Hurting Profits. Other CEOs Can Do The Same” • Ever since the Business Roundtable issued a Statement on the Purpose of a Corporation last summer, recommending a shift to a stakeholder capitalism business model, it has become a popular topic of conversation. [CNN]
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