December 17, 2019

December 16, 2019

Hedge Funds Short Companies They Say 'Greenwash'

Tens of trillions of global investment dollars are pouring into companies that are touting environmental, social and governance credentials. Short-sellers are starting to smell an opportunity in shorting companies who valuations they believe are unduly inflated by ESG promises.

December 13, 2019

Colorado Climate Activists Issue Fake News Release

In Colorado, climate activists tried to spread false information to the media on two separate occasions, Grist reports. One was a Sunrise Movement email claiming the mayor of Denver was going to apologize for an oil company sponsoring a sustainability conference he hosted. Another involved an Extinction Rebellion activist making a prank official announcement that the governor had declared a climate emergency. 

December 12, 2019

Zambia's Power Supply Deficit Worsens as Water Levels Sink

In less than five years, Africa's southern countries have seen electricity supply dwindle due to low water levels at hydropower dams as severe drought—exacerbated by climate change—sweeps through the region. Zambia officials said on Thursday that that shortage increased in November.

December 11, 2019

Judge Clears Exxon in Investor Fraud Case Over Climate Risk

In a major win for fossil fuel companies, a New York judge on Tuesday cleared Exxon of claims that it misled investors about its climate risks. Still, the ruling could impact future cases the oil giant faces. In his ruling, the judge also wrote: "nothing in this opinion is intended to absolve ExxonMobil from responsibility for contributing to climate change."

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