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1 week ago |
greencentralbanking.com | Peter McKillop
As president of the Beijing-based Institute of Finance and Sustainability, Ma Jun is one of China’s foremost leaders advocating for green and sustainable finance in China and globally, and has chaired many domestic and international initiatives.
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1 month ago |
climateandcapitalmedia.com | Peter McKillop
These are dark days for the mainstream climate movement in America. The Trump Administration’s open warfare against clean energy, Texas’s push to ban solar and wind, and the systematic dismantling of four years of Biden-era climate policy have left many American activists and policymakers in a state of shock, fear, and despair. “How unstoppable is the transition, really?” wrote author and columnist David Wallace-Wells in a deeply skeptical column this week in The New York Times.
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1 month ago |
climateandcapitalmedia.com | Peter McKillop
I just returned from two weeks in Asia, and the region’s pivotal role in tackling the climate crisis is becoming increasingly evident. While much of the global media remains preoccupied with tariff turbulence sparked by the Trump administration, it was business as usual in the region as it steadily addressed its energy needs for the next four decades.
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1 month ago |
climateandcapitalmedia.com | Peter McKillop
Japan stands at a climate crossroads. Its latest strategic energy plan, released in February, commits the government to reduce greenhouse gas emissions by 73% by 2040. Yet it also says coal will continue to supply more than 40% of the country’s power generation mix. Japan’s solution to this paradox?
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2 months ago |
climateandcapitalmedia.com | Peter McKillop
Something seemed off as I gazed at Hong Kong’s iconic Victoria Island skyline. Then it hit me. Oh my god, the air is clean! The thick haze of brown airborne toxins I remember living here two decades ago was gone. This wasn’t just a lucky day to visit. Hong Kong is a direct beneficiary of a decision by China to — pardon the expression — clean up its act. According to the Hong Kong government, the city’s air is 50% cleaner than when we lived here in 2004.
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2 months ago |
climateandcapitalmedia.com | Peter McKillop
In a stunning reversal on climate change, Larry Fink, the CEO of BlackRock, has emerged as a champion of natural gas, a move that starkly contrasts with his earlier warnings about the financial risks of climate change. This shift is particularly noteworthy given BlackRock’s expanding investments in the natural gas sector, including its acquisition of Global Infrastructure Partners (GIP) and the development of a massive LNG terminal in Brownsville, Texas.
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2 months ago |
climateandcapitalmedia.com | Peter McKillop
As yet more chaos enveloped Week Six of the Trump Administration, there was a rare and unusual glimmer of hope. Larry Fink, the CEO of BlackRock, surprised everyone by handing President Donald Trump a rare victory. After a month of feverish backroom negotiating, the world’s most influential investor convinced Hong Kong’s richest tycoon and President Trump to let him buy the two ports on the opposite ends of the Panama Canal.
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Mar 4, 2025 |
climateandcapitalmedia.com | Peter McKillop
While the virulently anti-climate Trump administration does a victory dance over the mangled remains of clean energy subsidies and ESG, CEOs are getting real — about the real climate damage being wreaked on the economy. The disconnect could not be more stark. Last week, the CEO of Whole Foods warned that food shortages in supermarkets are happening because of climate change, not DEI.
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Feb 24, 2025 |
climateandcapitalmedia.com | Peter McKillop
Three years ago, Mark Carney was the toast of Glasgow. Global climate action was surging, and the annual United Nations climate conference (COP 26) was swarming with finance executives eager to mobilize money to “finance a transition to a green future,” as was a theme of that year’s COP. It all came to a crescendo when Carney announced the breathtakingly ambitious Glasgow Finance Alliance for Net Zero, a multitrillion-dollar coalition of 480 international banks promising to tackle climate change.
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Feb 10, 2025 |
climateandcapitalmedia.com | Peter McKillop
In this era of Trump madness, a delicious irony is unfolding that would make even the most seasoned satirist blush. Just as Greta Thunberg pivots from climate activism to anti-capitalism crusading, she may have found an unlikely ally in Donald Trump — though neither has a clue they are helping each other. The convergence nobody saw comingA month into the Trump Administration, the debate on the global economy has reached a surreal crossroads.