The road to net zero will be rocky: are sustainable finance metrics up for it?

My new paper 'Shocking Financed Emissions' with Tonya Lee for Sabin Center & Columbia Center on Sustainable Investment (CCSI) investigates the impact of economic volatility on those metrics.

Blog & paper:
blogs.law.columbia.edu/climatechange/…

Today on Volts: clean energy OG Michael Liebreich joins me to discuss his recent essays on 5 reasons for pessimism about net-zero ... and 5 reasons for optimism. An excellent high-level overview of the state of the energy transition.
volts.wtf/p/the-energy-t…

Green banks fit in where the market fails ➡️ They can fund marginalized communities that are ignored by private financing and demonstrate the viability of new technologies that private financing has been slow to invest in.

More from Ilmi Granoff: rooseveltinstitute.org/2024/04/05/the…

Ah, the old 'the president is the only agent in US history' canard strikes again!

Following the The Information's bombshell report on layoffs of Tesla's charging team, I had a few additional thoughts:

1) What does this all mean for other automakers who are all in process of switching over to the North American Charging Standard (NCAS) that Musk pushed for?

Paging all charging companies! ⤵️

Jeff Asher 7. It is irresponsible for media outlets to report attacks by Trump and his allies, claiming there is a migrant crime wave, without noting that this claim is contradicted by actual crime data.

popular.info/p/the-biggest-…

Confirmed - Tesla Elon Musk has let our entire charging org go. What this means for the charging network, NACS, and all the exciting work we were doing across the industry, I don't yet know. What a wild ride it has been.

So great to see leaders like Manish and orgs like NRDC using their big platforms to promote what a big deal IRA is while they also help ensure it is successful on the ground!

In 2022, Congress passed the strongest climate law in our nation’s history, the Inflation Reduction Act (IRA). We must keep the momentum going to give our planet a fighting chance. Learn more by visiting nrdc.org/FightingChance.

'My concern is that when we use phrases like 'realism' & 'pragmatism', what it means to many people is: 'we just need to move more slowly with the clean energy transition,'' CGEP founder Jason Bordoff tells CNBC correspondent Dan Murphy.

▶️ Watch now: cnbc.com/video/2024/04/…

We should go to full direct pay but didn't have the votes in the Senate for that so worked up this rule for one time transferability. Which means that you can now 'sell' your tax credits for cash, monetize that value and go ahead with your investment. Now go get to work!

File under awesome: according to Treasury, over 57,000 projects (!) are pursuing clean energy tax credits using the new ability to transfer credits under IRA.

It's big, and it's just the beginning.

I'm so proud we're advising Basis Climate to help unlock this market.

The new standards to cut pollution from power plants last week cap a historic grand slam from the strongest climate president the U.S. has ever known. My latest in The Hill: thehill.com/opinion/energy…

Never forget, a 13-year study found that protected bike-lanes led to a drastic decline in fatalities for all road users.

ALL ROAD USERS.

And painted bike-lanes? No safety improvement at all. For sharrows, it’s safer to NOT have them.

Via Streetsblog USA usa.streetsblog.org/2019/05/29/pro…

I’m gonna scream ‘till I’m red in the face if global central bankers confront climate change-driven supply-side shocks with **rate hikes**

Sorry, can’t innovate our way out of this with stronger price signals to affected industries—gotta degrowth via punitive cost of capital.