• ‘Green Recovery’ Flops: ESG Investment Performed Worse Than Overall Market During Covid Recovery, Study Warns

    • Date: 22/08/20
    • Institutional Investor

    “Not only did more socially responsible firms not exhibit the alleged greater share price resilience during the Covid-induced market decline, but they actually performed significantly less well when the overall market recovered.” A new study refutes “widespread claims” that environmental, social, and governance considerations improved stock performance during the pandemic. In the aftermath of March’s […]

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  • California Doomed to Frequent Blackouts Due To Battery Shortage

    • Date: 20/08/20
    • Bloomberg

    Problem is there aren’t enough of these massive batteries to go around right now. As the threat of blackouts continues to plague California, officials are pointing to battery storage as a key to preventing future power shortfalls. But the Golden State is going to need a lot more batteries to weather the next crisis—let alone to […]

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  • California Declares State of Emergency As Blackouts Loom

    • Date: 19/08/20
    • Deadline

    California Governor Gavin Newsom declares statewide emergency, mobilizes National Guard amid fires, record heat and “imminent” rolling power outages that could hit millions California Governor Gavin Newsom declared a statewide emergency to help ensure the availability of vital resources to combat fires burning across the state, which have been exacerbated by the effects of the historic West Coast heat wave […]

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  • China Eases Green Rules For Petrol-Electric Hybrids, Giving Car Makers Space To Manoeuvre

    • Date: 16/08/20
    • Reuters

    China’s new policy allows automakers to make more petrol-electric hybrids and less of the more costly all-electric vehicles from 2021 through 2023. BEIJING (Reuters) – China re-classified petrol-electric hybrid vehicles on Monday so they get more favourable treatment than all-petrol or diesel counterparts under new clean car rules, making it easier for automakers to meet […]

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  • As US Retreats, China Expands Its Influence In The Middle East With Major Oil Deal

    • Date: 12/08/20
    • OilPrice.com

    China continues to expand its influence in the Middle East through oil and infrastructure deals, and the latest deal with ADNOC is a great example of how Beijing looks to grow its presence in the offshore oil business It is little surprise to see that China – again – figures in yet another concessions award […]

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  • Waning Attention To Climate Change Amid Pandemic Could Have Lasting Effects

    • Date: 11/08/20
    • University of Colorado at Boulder

    As media coverage of coronavirus has gone up, interest in climate change has plummeted. With COVID-19 dominating the headlines, searches for climate change are on the decline. That worries authors of a new study showing that even brief, involuntary attention to environmental issues moves people to care more and act. On Sept. 23, 2019, then-16-year-old […]

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  • Cold Snap: Snow Falls In South Australia While Tasmania Records Lowest Temperature On Record

    • Date: 09/08/20
    • 9 News Australia

    Snow has fallen in South Australia during an unusually cold snap, covering the Flinders Ranges in a layer of white. Clear skies, light winds, lingering cold air and a snow-covered ground all helped temperatures plummet across Tasmania’s central highlands overnight. People have taken to social media sharing images of the snow-covered ranges. Today’s snow event follows […]

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  • Australian Labor Party Splits Over Costly Renewable Energy Policy

    • Date: 03/08/20
    • Stop These Things & The Australian

    Having lost the un-loseable Australian election in May last year, an angry rump of Labor backbenchers is keen to ditch the party’s suicidal renewable energy policies, with a view to recovering the ground they lost trying to win the sandalista vote in the inner city goat’s cheese circle. Australia’s economic future depends, in no small […]

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