Electric power production has been at the core of recent industrial revolutions. With the onset of the Fourth and Fifth Industrial Revolutions, this role will become only more central as even decision-making becomes electrified. The rise of renewable energy is of central importance.
Chief Green Officer (CGO)
Climate change appears to be happening at a faster rate than previously predicted. Today, sea levels are rising twice as fast as they were 25 years ago, due to the melting of ice and warming of oceans, according to the most recent United States national climate assessment
Climate change commonly concerns financial investors through the opportunities to invest in green bonds, green sectors, environment-friendly assets.
One of the most interesting topics when discussing the switch from coal to green energy is the price. This discussion was raised when US President Donald Trump decided to withdraw from the COP21 Paris Agreement.
Oil Companies Under Pressure to Measure the Impact of Policies Against Climate Change on Their Businesses
What happened at the last general shareholders assembly of ExxonMobil needs to be noticed, as it is probably marking a symbolic change in the attitude of big investors towards the changing climate.
Green-bonds issuance is spreading around the world at a high rate of speed. Until recently the European continent was considered the leader of the green-bonds issuance market. The European Investment Bank started issuing its first green bonds in 2007, and the World Bank followed in 2008.
According to the terms of the Paris Agreement and United Nations estimates, the level of investment in renewable energies to avoid the catastrophic effects of global warming should rise to $1 trillion, against the $286 billion invested last year.