article thumbnail

Media brief: The impact of clean stimulus measures on the U.S. economy following the 2008 downturn

Clean Energy Canada

As Canada’s COVID-19 lockdown continues, conversations are shifting toward the federal government’s plans for economic recovery. Following the 2008 financial crisis, countries around the world put together stimulus packages with varying emphasis on clean energy. Since 2008, U.S. Below is a summary of measures the U.S.

article thumbnail

Let’s incubate the Green Swans hatched by the COVID-19 Black Swan

GreenBiz

To rebuild the economy, the United States government so far seems to choose to deploy the same playbook it did in 2008: funding legacy companies in industries such as oil and gas. . History has shown us that government funding of visionary projects can have enormous positive outcomes. Back to normal is not an option.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

'Pace of delivery must be relentless': CBI issues net zero warning to government

Business Green

Business lobby group chief Tony Danker ramps up rhetoric demanding government deliver raft of missing net zero policy on heating, hydrogen and transport. These various targets have been supported by number of policies and investments, such as support for new electric vehicle charging infrastructure and new zero carbon home standards.

article thumbnail

Inside Hewlett Foundation’s plan to electrify all road transportation by 2050

GreenBiz

Here are some notable learnings from his interview with GreenBiz: The Hewlett Foundation (HF) has been a long-term, large funder in clean transportation since 2008. Only recently has a vision to achieve zero emissions become clear through electric vehicles, thanks to advancements in battery technology. Electric Vehicles.

article thumbnail

2020: Fossil fuels are dead, long live the sun

GreenBiz

In 2008, Exxon made a record $40.6 While businesses, community organizations, utilities and government agencies move away from dependence on fossil-fueled power generation, you can make that same shift, too. Meanwhile, the coal and natural gas industries are also collapsing around us — a swift decline from the shale fracking boom.

article thumbnail

The Energy Act 2023: What it is, what it means and when it will take effect

Envirotec Magazine

The UK Government has made significant progress in financial support frameworks having recently concluded the consultation process , and by having published the almost final versions of both the hydrogen and ICC contracts. It also amends the Electricity Act 1989 to state storage qualifies as a generation subset.

article thumbnail

'World's most sustainable companies': Schneider Electric, Ørsted, and Banco de Brasil top annual list

Business Green

Schneider Electric, Ørsted, and Banco de Brasil have been named the world's most environmentally-sustainable major companies, with sustainability having remained a top business priority in 2020 even despite the devastating impacts of the coronavirus crisis, fresh analysis today has found.