Under Pressure, JP Morgan Chase Demotes Former Exxon CEO Lee Raymond from Board Leadership Role .
New York, NY — Bowing to pressure from climate and shareholder activists, JP Morgan Chase will be demoting former Exxon CEO Lee Raymond from his Lead Independent Director position on the bank’s board. The news was buried in a filing with the SEC released on Friday.
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Petitions: Greek Anti-Environmental Bill.
Help us create pressure against the anti-environmental bill in Greece and any other country that will dare to follow these footsteps! Read and sign these petitions! Help us stop the climate crisis!
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Call for Action!: Roadmap for the decentralised renewables sector to survive and flourish in the wake of the covid-19 crisis.
The global spread of COVID-19 has caused thousands of deaths and alarmed individuals, communities, businesses and society around the world. The decentralised renewable energy sector is no exception.
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Southern California Edison Contracts Mammoth Storage Portfolio to Replace Gas Plants.
One of the world’s largest single battery storage procurements will race to meet an August 2021 deadline
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Investors holding trillions of dollars of assets join calls for green Covid-19 recovery.
IIGC, AIGCC, Ceres, and CDP among major green investment groups urging governments to avoid backing risky, high-carbon projects as part of their coronavirus recovery plans
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Coal Loses Backing From Another Big Bank.
Financing a thermal coal project in Australia just got a little bit harder after Westpac Banking Corp. said it would exit the sector by 2030, leaving
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Nuclear is Getting Hammered by Green Power and the Pandemic.
Generating power without harmful carbon emissions has never been more urgent, yet one of the biggest sources of clean power is struggling to turn a profit.
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Mexico Indefinitely Halts New Clean-Energy Plans, Blaming Virus.
Mexico’s Centro Nacional de Control de Energia (Cenace), which oversees the electrical system, indefinitely suspended critical tests for new clean-energy projects as the nation grapples with the spread of the coronavirus.
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Oil Giants Haven’t Completely Forgotten About Climate Amid Crash.
Exxon Mobil Corp. and Chevron Corp. may be feeling the
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Emptying Skies to Cut Airline Emissions 38% in 2020, Report Says.
Airlines’ carbon emissions could drop by more than one-third this year as travel demand sinks, a trend that could continue as businesses reassess their need to fly, according to the
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BLOOMBERG: Renewables Are the Only Winners in Historic Decline in Energy Demand.
Global emissions will fall by 2.6 billion metric tons in 2020—the largest fall in history. The coronavirus lockdown will cause the biggest drop in energy demand in history, with only renewables managing to increase output through the crisis.
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NASA: Ice Sheets
Data from NASA's GRACE and GRACE Follow-On satellites show that the land ice sheets in both Antarctica (upper chart) and Greenland (lower chart) have been losing mass since 2002.
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The highest ever greenhouse gas concentration in history at Mauna Loa Observatory.
UN Climate Change UNFCCC
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COVID-19, locusts and floods: East Africa's triple dilemma
'Coronavirus could kill, but hunger kills many more people'
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Climate action under duress: how Dutch were forced into emissions cuts.
Measures taken in response to court ruling have yet to face much dissent, partly owing to coronavirus.
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Who would still fund a new coal power plant in India?
Coal power generation has worn 100% of the COVID-19 power demand drop The coronavirus pandemic and national lockdown has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international finance investing in new, cheaper, an
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Renewables surpass coal in U.S. power generation throughout the month of April 2020.
In a first for any month, renewables generated more electricity than coal on every day in April, new data from the U.S.
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Dominion planning nearly 24GW of renewable capacity and battery storage in Virginia by 2035.
Dominion Energy Virginia anticipates a massive roll-out of solar and offshore wind generation over the next 15 years as the utility reduces emissions and aligns its portfolio with Virginia’s new clean energy mandates.
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J-Power, Japan’s largest coal plant operator, buys into its first renewable energy project in the U.S..
J-Power USA, Solar Plus Development, Avondale Solar and AP Solar Holdings are going to develop Red-Tailed Hawk Solar, a 350 MWac solar project located in Wharton County, Texas, through an equally owned joint venture, AP Solar Holdings.
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Chinese coal projects continue as existing power plants stand idle.
Cancellation of huge BRI coal plant highlights overcapacity risk in Pakistan and Bangladesh The 6.6 gigawatt Hamrawein coal power proposal in Egypt has been shelved because of over-capacity concerns and a growing preference for renewable energy.
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