Today’s Dirty Utilities May Be Tomorrow’s ESG Winners
Payne Institute Fellow Liam Denning writes about how environmental, social and governance investing today enjoys more hype than clarity. There is no agreement on exactly what counts as a compliant investment, and there is often a lack of clear economic signals tied to ESG-favored outcomes. U.S. utilities can thread this needle. Greenhouse-gas emissions from the power grid have fallen by more than a quarter since 2007, but much remains to be done. December 30, 2020.