Project Yeti and the race to save the climate tech economy; plus Willow’s way
The race to save SVB was more desperate and intense than anyone imagined.
All Work
Trey Thoelcke
Climate tech becomes too big to fail, and two more hard lessons from a wild weekend
Fed SVB backstop eases immediate panic but expands bailout universe to an entirely new asset class.
Yellen’s climate warning ties rising disasters in US to systemic financial risk
Treasury Secretary Janet Yellen’s warned this week that climate change is already taking a significant toll on the U.S. economy.
Latin America is still the Wild West of carbon taxes and offsets
(Michael Molinski is a senior economist at Trendline Economics. He’s worked for Fidelity, Charles Schwab and Wells Fargo, and previously as a foreign correspondent and editor for Bloomberg News and MarketWatch.) YUCATAN, Mexico (Callaway…
As ESG backlash grows, investor flight to quality creates problems for fund firms
Venture capital also seeing an environmental squeeze as investor demand for ESG defies the backlash.
Flax seed laptops debut in Barcelona, plus the monster SUVs of Europe
And, IKEA's latest sustainable move sticks it to do-it-yourself furniture.
The missing words in Ron DeSantis’ new memoir
Florida governor’s conservative environmentalism is big on adaptation. Mitigation? Not so much.
Anti-ESG backlash gets Wall Street’s attention, plus IEA signals climate ‘doom loop’
For all its ridiculous claims that ESG investing is some scheme to wreck the country, the anti-ESG movement is starting to snowball.
Investors still have faith in lab-made meat, despite plant-based industry’s tough year
Venture investment fell with the market last year but big money still coming in.
Time to break up the ESG gang, for the good of investors
The blending of E, S and G criteria has had the perverse effect of diluting ESG ratings.
Soros geo-engineering plan more science than conspiracy
George Soros just set the stage for the biggest conspiracy theory yet. But is he right?
Putin losing his energy war with Europe as well as ground war in Ukraine
Plus, climate's threat to the perfect Margarita.
Biden’s surprise World Bank pick portends dramatic climate finance shakeup
President Joe Biden’s surprise pick of former Mastercard CEO Ajay Banga to run the World Bank portends a dramatic shakeup in climate financing for poorer nations to come and marks the second major climate advancement of the Biden…
Carbon trading controversy set to grow as prices hit 100 euros for first time
Carbon prices hit a new high this week, setting a new threshold for the price of pollution.
Chick-fil-A goes ‘woke,’ third world’s coal problems, and more
Plus, New York’s bottle deposit drama.
World Bank head’s exit creates climate moment for Kerry, Biden
There is little doubt that World Bank head David Malpass’ plan to resign from his role a year early this summer was the result of intense pressure from the Biden Administration to get rid of him.…
Why Buybacks Are Just Another Form of Investing
By Herb Greenberg, Empire Financial Research I go out of my way not to talk about politics because there’s simply no upside… And I’m not about to start now, other than to say… I…
What Vanguard’s ‘proxy voting choice’ program could mean for climate investing
Allowing shareholder voting will draw curtain on how much investors really care.
Investors Are Falling Into the Same Old Trap
By Herb Greenberg, Empire Financial Research Let’s not kid ourselves… Most investors want moonshots. That’s not investing, of course… The folks on Wall Street call it “speculating.” But it’s really just another form of…
Ford’s EV battery deal with Chinese company is a bold but risky bet
The road to China technology deals is littered with the carcasses of U.S. investors. Will Ford’s EV battery project be different?