Why Fossil Fuel Companies Must Evolve or Die: An Interview with Carbon Tracker Founder Mark Campanale
To keep global warming under 2 degrees Celsius and (hopefully) avoid the harshest consequences of climate change, up to three-quarters of known fossil fuels will have to stay in the ground. That's the thesis of the Carbon Tracker Initiative and its founder, Mark Campanale. If that sounds like a heavy lift for an oil-dependent world, he raises a compelling point: With collapsing margins and emerging competition from renewables, the fossil fuel industry has no choice but to evolve. Campanale elaborates on these views in this video interview.
Three Reasons Impact Investors Aren’t Sweating Trump’s Climate Policies: An Interview with Nancy Pfund
This week, President Trump signed what's been called a "sweeping demolition of Obama-era policies on coal mining, fracking, greenhouse gas emissions and climate change." So why isn't Nancy Pfund, founder and managing partner of DBL Partners, worried? We discuss politics and the environment with the impact investing pioneer in this video interview.
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The author, Simmi Sareen, visited an island chain in the Indian Ocean. One island, Kadmat, has a solar plant that provides all the comforts travelers have come to expect. Another, Thinnakara, runs on undependable diesel power. Solar is the key that has enabled Kadmat's tourism-based economy to hum, Sareen says, and Thinnakara's could, too, if it would transition from diesel.
New Sun Road designed, built and operated the first 24/7 metered electricity service on an off-grid island chain in the southern part of Uganda. It's exactly the type of small business – providing a critical service, creating jobs – that Microsoft aims to support with its Affordable Access Initiative. Applications are open for a new round of grants through the initiative, and will be accepted through Jan. 31.