Sustainability and ESG News
The Biden-Harris Administration's $11 Billion Investment: Developing Clean Energy for Rural America
This week, there was a major turning point in the United States’ commitment to sustainability and environmental stewardship. The Biden-Harris Administration's recent announcement of an unprecedented $11 billion investment plan for the creation of clean energy programs across rural America is the largest investment of this kind that the states have ever seen and is guaranteed to have residual impacts. This significant investment has the potential to accelerate the shift to renewable energy, stimulate economic growth, and combat climate change challenges.
IRENA: Investments of $35 trillion needed by 2030 for Energy Transition.
This week IRENA’s Director-General Fancesco La Camera shared the World Energy Transitions Outlook 2023 Preview and warned that our world needs a dramatic shift in the energy transition to avoid surpassing our 1.5 C climate target. What this translates to is a total of $35 trillion is needed by 2030 to expedite this energy transition.