There’s a quote often attributed, perhaps incorrectly, to the great economist John Maynard Keynes that “Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all.” The absurdity of this notion is being played out in real time in the form of smoke-filled air and rolling blackouts in Northern California, courtesy of the state’s largest monopoly, Pacific, Gas & Electric, better known as PG&E.
Geisha Williams, CEO and president of PG&E talks about the opportunities for utilities to capitalize on decarbonization of the transportation sector.
Learn more about how utilities are making progress towards reducing greenhouse gas emissions in Ceres new analysis, Turning Point: Corporate Progress Against the Ceres Roadmap for Sustainability, at www.ceres.org/turningpoint.
Legacy energy producers and distributors have been the target of disruptive business models and technology for decades.
Adapting to competition and increased demand for low-carbon power, even the largest electric utilities and multinational gas and oil giants are behaving like innovative startups in today’s economy, engaging with one-time foes and leaning on corporate responsibility and sustainability practitioners in an increasingly chaotic political atmosphere.
Sempra Energy, PG&E, Edison International, Xcel Energy Rank High for Renewable Energy while FPL, American Electric Power, ConEdison and PPL Corp Rank Low
A new analysis released today by Ceres shows that many of the nation’s largest electric utilities and their local subsidiaries are moving toward lower carbon fuel sources and that ambitious state policies and strong corporate demand for renewable energy are key drivers of this trend.
April 20, 2016 /3BL Media/ - More than 100 companies, including leading global giants, expressed their support today for the Paris Agreement on climate change and called for swift action on the Environmental Protection Agency’s Clean Power Plan, a proposal aimed at significantly cutting carbon pollution in the United States.
Companies Join the American Business Act on Climate Pledge By Setting Greenhouse Gas Reduction, Energy Efficiency and Renewable Energy Goals
As key international climate negotiations near, 81 additional companies joined the White House-led American Business Act on Climate Pledge. Companies making the pledge have set significant greenhouse gas reduction and renewable energy sourcing goals for 2020 and beyond, and are focusing on increasing energy efficiency, boosting low-carbon investing and making sustainability more accessible to low-income Americans.
Historic decision ensures California residents across the state will have the option to choose certified green power
SAN FRANCISCO, February 6, 2015 /3BL Media/ - In a landmark decision last week, the California Public Utilities Commission (CPUC) approved the "Green Tariff Shared Renewables Program," a measure that will give millions of California residents and businesses the chance to participate in a utility clean energy program for the first time.
Some traditional utilities are incorporating more renewable energy into their sourcing and sales portfolios, and re-inventing their business model while they do so. That’s the findings of a new report by Ceres and Clean Edge that ranks U.S. investor-owned electric utilities on their clean energy-related activities. The report, “Benchmarking Utility Clean Energy Deployment,” compiles data from over 10 sources, ranking 32 of the largest holding companies on three clean energy indicators: renewable energy sales, cumulative energy efficiency, and incremental energy efficiency.
Leading Convening of Community-Focused Companies to Share Strategies Addressing Pressing Societal Issues May 20-21, 2014
New York, NY, March 26, 2014 /3BL Media/ - Two hundred and fifty senior leaders in corporate societal engagement are convening to learn together about “What Counts”, and to celebrate and expand the important work being done by companies in communities all over the world.