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A California Newsroom analysis of federal filings found 20 Wall Street hedge funds collectively dumped 250 million PG&E shares, and grossed at least $2 billion, after the utility emerged from bankruptcy protection last year.
Many of these same hedge funds got an extraordinary amount of PG&E stock without paying a cent for it.
Biden assembled an all-star climate team. Now he has to deliver. POLITICO 2 hrs ago By Michael Grunwald © Chip Somodevilla/Getty Images Biden’s climate all-stars will help him as well as pressure him to keep his climate pledges, including a zero-emissions electric grid by 2035, a carbon-neutral nation by 2050 and the 2030 goals he plans to announce this week at his Earth Day climate summit. Jigar Shah was a green finance legend, the founder of the pioneering solar firm SunEdison and then the billion-dollar green infrastructure fund Generate Capital. He was overseeing Ge...
Kerry said he has no doubt a partnership will emerge between the private sector and the federal government on clean energy. The Biden administration has proposed $2 trillion of investments to help build out a green economy. Kerry pointed to the growing popularity of ESG investing – or environmental, social and governance investing – as an example of the private sector in action. He also noted the use of shell companies known as SPACs, or special purpose acquisition companies, to finance green energy. "What you're seeing with the plethora of SPACs that are being deployed as well as other i...
A Quiet Return to Government for an Obama-Era Labor Official Seth Harris, who co-authored an early blueprint of what Uber and Lyft would adopt in Californiaâs Prop 22, is back in the White House in a labor policy position. Former Deputy Secretary of Labor Seth Harris speaking in June 2018 The Biden administration likes to send press releases about new hires. I have been emailed information about the new head of the White House Office of Faith-Based and Neighborhood Partnerships, members of the COVID-19 Health Equity Task Force, the senior director for building emissions at the Council on...