Blackrock CEO Larry Fink last week released his annual shareholder letter, which has become an annual media event closely scrutinized as much for its political implications as its investment insights. In this year’s missive, he briefly discussed the energy transition – the process of reducing the world’s reliance on fossil fuels in favor of low-carbon […]
The headlines marking the end of the COP26 global climate summit were mostly gloomy, much like the weather in Glasgow. Reports focused on unenforceable pledges by countries to cut carbon levels and tepid increases in funding for poor countries most affected by climate change. But there were significant accomplishments last week in Glasgow and beyond. […]
Federal regulators released a report about what caused the San Onofre nuclear power plant in California to leak radioactive steam in January. It said excessive wear caused steam tubes at the plant to rupture – an event that “had never been seen before,” according to a federal official, and hadn’t been anticipated by the manufacturer’s […]