Day: 14 September 2017
Investors implore banking firms to champion climate disclosure
More than 100 investors with $1.8trn under management have written to the chief executives of 60 of the world's largest banks, including HSBC and Bank of America, calling for better disclosure and implementation on climate risks in their investment portfolios.
Drax eyes battery storage to accompany gas and biomass conversions
UK power station operator Drax plans to complement its ongoing biomass conversions with gas and battery storage options at two coal power units, although new research that wind and solar are a more cost-effective solution has reignited the debate over biomass use.
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