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AI For Sustainability, The Billionaire Betting Against Coal And Tesla Facing Lower China Sales

May 14, 2022 by www.forbes.com

Share to Twitter Share to Linkedin This week’s Current Climate , which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. T hanks to all you loyal readers of the Current Climate newsletter. This week, we’re starting some changes to the format in an effort to bring you some more focused news on the business of sustainability. To that end, we’re introducing some new sections to the newsletter, including one that focuses on venture funding, M&A, contracts and other deals happening in the industry. I’m also pleased to announce that my colleague, Alan Ohnsman , is joining me as a co-writer of the newsletter. Alan will be bringing news to you every week about the world of green transportation, from electric cars to the hydrogen economy. Let us know what you think about the changes, and what other types of news you might be interested in knowing about. But without … [Read more...] about AI For Sustainability, The Billionaire Betting Against Coal And Tesla Facing Lower China Sales

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Russia’s Invasion Kills Nord Stream 2 And Gives Rise To Renewables

May 15, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Nord Stream 2 should be juxtaposed next to the Berlin Wall — two dying breeds of oppression and a sign that a new day is coming. If the dilapidated Wall represents the fall of communism, Nord Stream 2’s demise embodies autocracy’s death and the rise of renewable energy. Despite the European Union’s dependence on Russian oil and gas, it has said it would speed up its transition to going green — and separate itself from the Russian economy. The continent aims to increase its share of renewable energy to 32% by 2030 while also ending its reliance on Russian fossil fuels. Indeed, its underlying premise is that Russia’s kingpin, Vladimir Putin, is an international menace not just to peace-loving countries but also to environmental security. “ Let's dash into renewable energy at lightning speed ,” said Frans Timmermans, who heads the EU Green Deal. “Renewables are a cheap, clean, and potentially endless source of energy, and … [Read more...] about Russia’s Invasion Kills Nord Stream 2 And Gives Rise To Renewables

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Deloitte’s Head Of Investment Banking Reads The Private Equity Tea Leaves

May 17, 2022 by www.forbes.com

Share to Twitter Share to Linkedin This is an excerpt from Deal Flow, Forbes ’ twice-weekly newsletter about the latest billion-dollar deals from venture capital, private equity, M&A and beyond. Want a new edition in your inbox every afternoon? Subscribe here . Phil Colaco knows his way around the middle market. He’s worked as an investment banker in the space for the past two decades, including the past six years as CEO of Deloitte ’s U.S. investment bank—last year, his team advised on about 700 transactions. So as questions swirl about what volatile stocks, rising interest rates and a shifting economic outlook could mean for private equity firms and other strategic acquirers, his brain seemed like a good one to pick. The market looks different today than it did at the start of the year. Gone is the era of dirt-cheap debt and surging stock prices. Rising rates, rocky equity markets, war in Ukraine and inflation have combined to create … [Read more...] about Deloitte’s Head Of Investment Banking Reads The Private Equity Tea Leaves

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