Finance: Page 8


  • An aerial view of the Shotwick Solar Energy Park on February 25, 2025 in Deeside, Wales.
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    Utilities may speed renewable projects under new tax credit timeline: Jefferies

    Utilities “with renewables-heavy plans” may accelerate wind and solar projects by several years in order to qualify for the new one-year safe harbor period, according to Jefferies.

    By Diana DiGangi • July 21, 2025
  • Specialists walking across a solar power plant.
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    Opinion

    How retail energy suppliers can navigate the new federal energy policies

    Key strategies include buying renewable energy certificates now, leveraging data and predictive analytics and growing market share.

    By Nainish Gupta • July 18, 2025
  • Trendline

    Top 5 stories from ESG Dive

    The landscape for ESG continues to shift, as U.S. exits from major climate agreements and organizations are juxtaposed with states forging ahead with their own climate disclosure laws.

    By ESG Dive staff
  • corporate activism backlash, Tom Lin, Temple Univ.
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    Andrew Burton via Getty Images
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    BlackRock integrates RepRisk’s ESG data into portfolio management software

    The deal will give global asset managers and owners access to RepRisk’s data on material ESG risks to companies through the Aladdin platform and expand BlackRock’s company coverage.

    By July 17, 2025
  • California Gov. Gavin Newsom speaks at a press conference.
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    Justin Sullivan via Getty Images
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    Q&A

    California’s 2026 climate-risk reporting deadlines are here to stay: KPMG

    Despite regulatory uncertainty at the federal level and internationally, California’s forging ahead and expecting companies to disclose their climate risks starting next year.

    By July 14, 2025
  • The HSBC building is seen at Canary Wharf.
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    Scott Barbour via Getty Images
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    HSBC departs Net-Zero Banking Alliance, following US banks

    The U.K.-based bank became the latest to exit the United Nations-backed NZBA, following in the footsteps of Wall Street's exodus from climate alliances.

    By July 11, 2025
  • Big Beautiful Bill
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    Trump seeks tighter restrictions on wind and solar with executive order

    The order seeks to “ensure that policies concerning the ‘beginning of construction’ are not circumvented” by wind and solar projects.

    By Diana DiGangi • July 10, 2025
  • A customer picks up a Snickers Bar in a supermarket August 18, 2005 in Sydney, Australia.
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    Mars unveils emissions reduction progress, launches $250M green investment fund

    The confectionery giant has reduced its emissions by over 16% from a 2015 baseline, while scaling growth by 69% in the same time frame.

    By July 10, 2025
  • European Union flags are pictured outside the European Commission building. The flags are blue with a circle of yellow stars.
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    Carl Court via Getty Images
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    European Commission proposes simplifying sustainability taxonomy

    The changes would reduce the number of reported data points by 89% for financial institutions and 64% for non-financial companies.

    By July 8, 2025
  • An entrance to a Madison Avenue JPMorgan Chase building is shown, with revolving doors and a person walking in the foreground.
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    Michael M. Santiago / Staff via Getty Images
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    JPMorgan launches carbon market blockchain app

    In a bid to boost data standardization and transparency, the bank is working with three global carbon registries to test the viability of tokenizing the voluntary carbon market.

    By July 7, 2025
  • The logo of Allianz stands on two office buildings.
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    Sean Gallup via Getty Images
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    Allianz launches platform to help businesses assess, mitigate climate risks

    The group’s commercial insurance unit unveiled CAReS last week, which aims to help companies better understand climate-associated risks and the impact they have on company assets.

    By July 7, 2025
  • Speaker of the House Mike Johnson, R-L.A., walks back to his office from the House chamber at the U.S. Capitol on July 3.
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    Alex Wong via Getty Images
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    House passes Senate version of Trump’s megabill, altering clean energy economy

    President Donald Trump promised additional executive branch restrictions on wind, solar and EV subsidies in exchange for Freedom Caucus members' support of the bill, Rep. Ralph Norman, R-S.C., said.

    By Diana DiGangi • July 3, 2025
  • Senate Majority Leader John Thune, R-S.D., accompanied by Sen. John Barrasso, R-Wyo., Sen. Mike Crapo, R-Ind., and Sen. Lindsey Graham, R-S.C., speaks to reporters off the Senate floor after the Senate passed its megabill on July 1.
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    Senate passes megabill that curbs IRA tax credits, drops wind and solar tax

    The amended bill also offers an exception to the onerous “placed in service” deadline of 2027 for projects that begin construction within a year of its passage.

    By Diana DiGangi • July 2, 2025
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    Samuel Corum via Getty Images
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    House committee clears bill to limit retirement fund managers from using ESG factors

    The bill, which reverses course on a Biden-era regulation, would issue a variety of documentation requirements for any use of “non-pecuniary” factors by retirement plan managers.

    By July 1, 2025
  • U.S. Senate Majority Leader John Thune (R-S.D.) speaks to reporters after walking off the Senate floor at the US Capitol Hill on June 29 in Washington, D.C. Senate Republicans worked overnight, forced by Democrats to read a new version of the "One, Big, Beautiful Bill," as they approach President Donald Trump's July 4 deadline.
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    Senate reverses course on IRA cuts, proposing harsh tax on renewables

    Former Trump senior adviser Elon Musk on Saturday said the Senate’s latest draft of the bill “gives handouts to industries of the past while severely damaging industries of the future.”

    By Diana DiGangi • June 30, 2025
  • A "BlackRock" logo is displayed on an all-glass facade with a commercial building towering behind it.
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    Alamy
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    Sierra Club drops BlackRock as asset manager over failure to address climate risk

    The environmental group’s charitable arm is shifting its funds to Nia Impact Capital and Xponance, which it described as “more financially responsible” investment firms.

    By June 27, 2025
  • U.S. Sen. Kevin Cramer (R-ND) speaks to reporters before the weekly Republican Senate policy luncheon at the U.S. Capitol on April 01, 2025 in Washington, DC.
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    Kayla Bartkowski via Getty Images
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    Senate negotiating IRA tax credits, aims to vote on budget bill Friday

    Sen. Kevin Cramer, R-N.D., said there is “work being done” on the residential solar tax credit, which the House and the Senate Finance Committee voted to eliminate.

    By Diana DiGangi • June 26, 2025
  • Jane Fonda at a podium during her 2020 protest series Fire Drill Fridays
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    Tasos Katopodis via Getty Images
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    Over 200 actors call on SAG-AFTRA pension to divest fossil fuels

    High-profile actors including Jane Fonda, Don Cheadle and Mark Ruffalo signed onto the campaign urging Hollywood’s pension plan to ditch more than $100 million in fossil fuel investments.

    By June 25, 2025
  • An engineer walks by solar panels with wind turbines in the background.
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    $1.4B in new clean energy factories, projects canceled in May: E2

    Nearly $15.5 billion in clean energy investments have been canceled since the beginning of the year, representing 30 canceled, closed or downsized projects.

    By June 24, 2025
  • A truck passes by the BP refinery
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    Scott Olson via Getty Images
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    Banks reverse course, increase fossil fuel investments in 2024: report

    The top four U.S. banks — JPMorgan Chase, Bank of America, Citi and Wells Fargo — represented 21% of the global financing in the latest Banking on Climate Chaos report.

    By June 18, 2025
  • Securities and Exchange Commission Chairman Paul Atkins speaks at a lectern
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    Anna Moneymaker via Getty Images
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    SEC withdraws proposed rules on ESG disclosures, shareholder submissions

    The rules were among 14 proposed Biden-era regulations the Securities and Exchange Commission said it would cease the rulemaking process for.

    By June 16, 2025
  • Steam rises from a geothermal power plant.
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    David McNew via Getty Images
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    Meta signs geothermal power deal for New Mexico data centers

    The tech and social media giant entered an agreement with XGS Energy to help develop 150 MW of geothermal power generation.

    By June 13, 2025
  • Aerial top view of mangrove forest.
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    Q&A

    Companies are ‘very struck’ by SBTi’s net-zero standard draft changes: Sustainability Roundtable Inc.

    James Boyle, CEO of the strategic sustainability advisory firm, said his clients are “definitely concerned” by the “high integrity, challenging standard” SBTi has put forward in its draft.

    By June 13, 2025
  • The sun rises over the EDF energy offshore windfarm on July 19, 2024 in Redcar, England.
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    Ian Forsyth via Getty Images
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    Atlantic Shores Offshore Wind asks to terminate project’s renewable energy credits

    The New Jersey OREC termination is “the closing of a chapter, but not the end for Atlantic Shores,” CEO Joris Veldhoven said.

    By Diana DiGangi • June 12, 2025
  • A wind turbine generates power on February 26, 2025 in Runcorn, England.
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    Christopher Furlong via Getty Images
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    Transferability is transforming clean energy project finance, say dealmakers

    The ability to transfer tax credits has allowed for new investors, new structures and faster deals, experts say, but is threatened by congressional budget proposals.

    By Diana DiGangi • June 10, 2025
  • A man wearing a suit and tie speaks into microphones while two men wearing suits and ties look on.
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    Anna Moneymaker via Getty Images
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    Local leaders warn U.S. Senate not to pull the plug on clean energy credits

    Bipartisan coalition says proposed cuts in the One Big Beautiful Bill Act would threaten jobs and local investments, raise energy costs and create economic uncertainty.

    By Robyn Griggs Lawrence • June 10, 2025