Giving Compass’ Take:
• In this story from Fast Company, author Adele Peters discusses the Carbon Clean200 rankings, which highlight the 200 companies with the highest revenues from cleantech.
• Andrew Behar, CEO of the nonprofit which produces the rankings, predicts that in a decade there will be no oil companies on the S&P500. What might the world look like in that case? What will happen to employees of oil companies? How can the nonprofit sector mitigate the negative consequences of this necessary transition?
• To learn about how cleantech entrepreuners are empowered by one incubator, click here.
After Donald Trump took office, a U.S. coal plant has shut down roughly every 15 days. Last week, despite Trump’s attempts to keep it open, the Tennessee Valley Authority decided that it will close a coal power plant in Kentucky to save money and keep electric rates low. Just 200 miles away, on the site of another former Tennessee Valley Authority coal plant, Google is building a $600 million data center that will get power from a massive new solar farm.
It’s one sign of bigger changes in the world of energy, and one reason why a ranking called the Carbon Clean 200 exists: If traditional fossil-focused companies falter, which companies might be most likely to succeed? In the latest version of the ranking, Google’s parent company Alphabet tops the list.
The ranking … looks at the largest 200 companies ranked by clean energy revenues, excluding fossil fuel companies and companies with some other negative practices. [T]he newest iteration evaluated companies beyond those working directly on traditional cleantech.
Read the full article about clean energy by Adele Peters at Fast Company
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