Head of World Bank Steps Down, Goes Green

Head of World Bank Steps Down, Goes Green

The head of the World Bank, Jim Yong Kim, is stepping down three years early to join the investment firm Global Infrastructure Partners, which focuses on investing in renewable power generation assets in developing countries, according to the Financial Times.  News of his departure next week caught many in the financial world by surprise, but it also signals the growing importance and profitability of the development of green infrastructure.  

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California looks to more distributed solar

California looks to more distributed solar

We wrote recently that after the massively destructive wildfires in California in 2017 and 2018, the state’s largest electric utility, PG&E, was facing criticisms that large utilities have become an obsolete way to provide power to people in a state prone to wildfires. The argument is that PG&E is incapable of managing risk and its response […]

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A challenge to make New York City 100% renewable

A challenge to make New York City 100% renewable

According to a draft of proposed legislation obtained by Huffington Post, New York City Councilman Costa Constantinides is preparing to introduce a bill mandating that the city come up with a plan by the end of the year to phase out nearly two dozen gas-fired power plants and replace them with renewable sources of electricity.

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