RSBI: Sustainable Markets

Texas battery rush: Oil state’s energy woes fuel energy storage boom

Leave a Comment / Business / By CowParaDeTokyo425

May 31 (Reuters) – BlackRock, South Korea, Swiss UPS and other companies are chasing an investment boom in battery storage plants in Texas, tempted by the prospect of reaping double-digit returns from the state’s power grid problems, according to a project. Owners, developers and suppliers. Projects coming online are generating returns of about 20%, compared …

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Tear gas pollutes the air as TotalEnergies annual meeting rejects climate activists’ decision

Leave a Comment / Business / By CowParaDeTokyo425

PARIS (Reuters) – Shareholders of Total Energy on Friday rejected an activist resolution calling for faster cuts to the oil giant’s greenhouse gas emissions program after police intervened to stop climate protesters from disrupting its annual general meeting. The resolution, introduced by climate group Follow This and 17 institutional investors with a total of €1.1tn …

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