January 3, 2025
Global sustainable bond sales reach $1 trillion for second time
By admin | |
Issuance of green, social, sustainability and sustainability-linked bonds was 10% above 2023. 4,490 notes issued in 2024 were the most ever, thumping the old high of 3,729 set in 2023. Sales of green bonds, the largest category by volume, reached $571 billion, but issuance of controversial sustainability-linked bonds dropped for a third year.
Massive solar plant faces a bleak future in the Mojave Desert
By admin | |
Opened in 2014, the Ivanpah plant was the world's largest solar-thermal plant. Nearly 350,000 mirrors reflect sunlight to boilers atop 140m towers producing steam to run turbines. But its output disappointed as the sun is shining less than expected. It cannot compete with photovoltaic technology, which has lower capital and operating costs.