BlackRock’s Larry Fink Appointed as WEF Interim Co-Chair
World Economic Forum appoints Larry Fink and André Hoffmann as interim co-chairs following governance review. Move comes after investigation cleared founder Klaus Schwab of wrongdoing and set stage for structural reforms. Fink’s appointment could heighten WEF’s influence on ESG investing, global finance, and digital asset adoption. BlackRock CEO Larry Fink and Roche vice chairman André […]
Homeowners Pile Into Solar Before Federal Tax Incentive Ends
Residential solar demand surges as homeowners race to capture the 30% federal tax credit. Installers brace for a sharp slowdown once the credit ends, threatening jobs and industry growth. Federal policy uncertainty—tariffs, funding programs, and shifting incentives—adds to business volatility. Montana Busch built his solar company on the promise of steady incentives and rising demand. […]
BlackRock’s GIP Buys 49.99% Stake in Eni’s Carbon Capture Business
Eni sells nearly half of Eni CCUS Holding to Global Infrastructure Partners (GIP), part of BlackRock, creating a co-controlled platform for large-scale CCUS projects. The deal covers flagship projects in the UK and Netherlands, with future expansion into Italy’s Ravenna CCS and other potential sites. Partnership combines GIP’s infrastructure investment expertise with Eni’s technical capabilities […]
LG Cuts Carbon Emissions and Plastic Use in Air Conditioner Manufacturing
New foaming injection molding process reduces plastic use by 900g per unit Annual cuts expected: 270 tons of plastic and 4,400 tons of CO₂ equivalents TÜV Rheinland confirms per-unit emissions now at 14.85 kg CO₂e LG Electronics is advancing its sustainability agenda with new eco-conscious manufacturing for its commercial 4-way system air conditioners. The company […]
SBTi Invites Automakers to Pilot Draft Net-Zero Standard
New framework sets science-based pathways for automakers and suppliers to align with net-zero by 2050 Pilot test aims to refine the draft with real-world industry feedback before launch Companies across the automotive value chain encouraged to apply by September 12 The Science Based Targets initiative (SBTi) is calling on automakers and auto parts manufacturers to […]
