Hong Kong raises $1 billion in oversubscribed first green bond

by Julia Fioretti, Reuters Hong Kong raised $1 billion from the sale of its first green bond on Wednesday, as the former British colony looks to establish itself as a center for green finance. Hong Kong sold a five-year U.S. dollar-denominated green bond with a coupon of 2.5%, attracting over $4 billion in orders from […]

BP investors back climate-change proposal amid activist pressure

by Kelly Gilblom, Bloomberg BP Plc investors voted overwhelmingly in favor of the oil major reporting in detail about how its investments are compatible with the Paris climate accord. The mandate is a clear signal for both the company and the industry to come up with stronger green strategies as they’re put under increasing pressure […]

Deep decarbonization plans for Michigan’s utilities, but different paths

by Tracy Samilton, Michigan Radio In 2016, Michigan got an important new tool in the growing effort to limit global heating. The state’s new energy law requires regulated utilities, for the first time, to submit long-term strategic plans that include reducing carbon emissions. The plans are called Integrated Resource Plans, or IRPs. Consumers Energy and […]

Global investment in coal tumbles by 75% in three years, as lenders lose appetite for fossil fuel

by Harry Cockburn, Independent Since it powered us into the industrial revolution, coal-fired energy has become the single biggest driver of man-made climate change and its use across the world is still increasing. But while dependence on coal remains high, with coal-fired power plants currently fuelling around 38 per cent of global electricity, a new […]

Power plant securitization: coming to a state capitol near you

by John Farrell, ILSR As clean energy advocates urge retirement of fossil fuel power plants, securitization has become a billion-dollar word with huge implications for who will pay for and who will own the clean energy future. Already, securitization has shown up in several state clean energy laws. Colorado legislators have been refining a power […]

U.S. Supreme Court dismisses oil industry lawsuit challenging Oregon’s clean fuels standard

by Elise Herron, Willamette Week The U.S. Supreme Court today declined to hear a 2015 lawsuit filed by oil industry leaders, which challenged Oregon’s authority to enforce the Clean Fuel Standard, a policy aimed at decreasing transportation emissions. The Clean Fuel Standard was passed by the Oregon Legislature in 2015 and went into effect 2016. […]

What America’s swing voters think about climate change and energy

by Amy Harder, Axios Swing voters in three of America’s top battleground states want President Trump to do more on climate change, think the weather is getting weirder and don’t know much about the Green New Deal. Why it matters: It’s voters like these who have an important role electing America’s presidents. So it’s worth […]

Inslee signs mandate for carbon-free electricity by 2045

by Rachel La Corte, Katu Washington Gov. Jay Inslee, who is seeking a path to the White House on the message of climate change, signed a measure Tuesday that makes his state the fourth in the nation that has established a mandate to provide carbon-free electricity by a targeted date. The measure was among several […]

Rolling Stone: U.S. fossil fuel subsidies exceed pentagon spending

by Tim Dickinson, Rollingstone The United States has spent more subsidizing fossil fuels in recent years than it has on defense spending, according to a new report from the International Monetary Fund. The IMF found that direct and indirect subsidies for coal, oil and gas in the U.S. reached $649 billion in 2015. Pentagon spending […]

1 in 5 Americans now live in places committed to 100% clean power

by Nathanael Johnson, Grist Obsession with the families Stark (both the Iron Man and Iron Throne) is fleeting, but it’s looking like there’s one durable trend unfolding before our eyes: The embrace of clean energy. On Tuesday, Governor Jay Inslee of Washington state (and presidential contender)signed legislation that aims to make the state’s electricity carbon […]