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ComEd Agrees to $200M Fine on Federal Bribery Charge

GreenTechMedia

Illinois utility Commonwealth Edison has agreed to pay a $200 million fine in relation to a federal investigation over bribery charges that have cast a shadow over its policy efforts in the state capital. Under a landmark 2011 state law, ComEd has spent $2.6 ComEd is also struggling to justify its $9.53

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ComEd’s Favorable Regulatory Treatment for Grid Investments Comes Under Fire

GreenTechMedia

For the past nine years, Chicago-based utility ComEd has earned excessive profits from a regulatory structure set in place by a 2011 state law whose passage has been linked to a bribery scandal that’s embroiled key state lawmakers and ComEd’s former CEO. The workings of the 2011 Energy Infrastructure Modernization Act.

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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.  Demand The most critical of energy transition minerals.   Demand is on the rise.

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The Net Zero Review: Everything businesses need to know

Business Green

It is a far from unsurprising message from Skidmore, who having signed the 2050 target into law, has long been a staunch advocate for an ambitious net zero agenda. All that is needed is more political urgency, policy clarity, and real world action to mobilise investment, drive clean tech deployment, accelerate the transition.

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Negative emissions under a net zero target: the controversies and pitfalls

Business Green

As the new 2050 target, now enshrined in law, is to reduce emissions to net zero, it is important to distinguish between gross zero and net zero. It can be hard to define scientifically the equivalence between one negative emissions unit generated through a given NET and one positive emissions unit abated in the industry or power sectors.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Happy Monday!    Lots of spice for clean investment this week. The picture was less rosy for new wind and heat pumps, both of which have suffered from high interest rates.

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Sustainability Regulations for Business: A Brief Review

Green Business Bureau

Companies need to be informed as new policies are enacted across the globe and ensure their practices abide by these changes. Many businesses have faced instability and uncertainty over the last few years from the combined impact of shifts in power, the U.K.’s that are worth monitoring for your success as a green business.