The Inflation Reduction Act brims with incentives to invest in lower-carbon economic infrastructure. But, asks one economist, what happens if consumers only respond with vigor to the cash they see moving in and out of their checking accounts? The case for a carbon dividend remains open, according to James K...
Most investment in solar and wind power involves drawing cash from investors who use those technologies' tax credits. The Inflation Reduction Act removes some barriers and doubts about the tax credits, signaling a rise in their use. But nothing is ever simple, and investors are bringing vital questions about timing...
(Photo by Kevin Oliver via Flickr Creative Commons.) It was no precipitous proclamation about traffic that reprogrammed New York City's economy.
Many have boiled down the seminal Inflation Reduction Act, and many are burrowing into it. To set boundaries and context beyond the timing of tax credits, consider an analogy to how another blockbuster set of policies altered one of the world's more emissions-intensive cities.
TIghtening gaps, thickening windows, and recovering waste heat might sound like the stuff of a bygone sitcom. It's the stuff of climate resilience, and its economics loom large in how investors treat commercial building portfolios or their own homes. Our writer spells out the choices.
BlackRock CEO Larry Fink, the world's leading asset manager, has called on all managers to align with climate goals. Do ESG metrics do that? (This photo shows Fink with the then-chairman of the New York Stock Exchange, Duncan Niederauer, at the FT CNBC Nightcap in Davos in 2014. Courtesy the Financial Times.)
There’s an elephant in the fund: Earlier this year, some of the most vocal and proactive ESG firms, each with multiple commitments towards a net-zero future, actively funded lobbying efforts against President Biden's infrastructure bill and Build Back Better Act. These bills contain some of the most assertive climate provisions...
