BlackRock
Industry trade groups warned FERC against passing more stringent restrictions on investment funds’ shares in the power industry, but consumer advocates and Republican state attorneys general urged it to move forward with rule changes.
FERC opened an inquiry into whether it should continue to grant blanket authorizations for holding companies to purchase public electric utility securities.
Vanguard’s request for an extension of its authorization to procure utility securities went into effect as FERC’s commissioners apparently split 2-2.
FERC renewed BlackRock's blanket authorization of utility stock purchases, but two commissioners expressed concern about it exerting undue influence.
NextEra, Daimler and BlackRock announced a joint venture to build and operate a national network of electric charging and hydrogen refueling stations.
Americasroof, CC BY-3.0, via Wikimedia
The U.S. lags other wealthy countries in prioritizing sustainable investing, participants in virtual panel hosted by the Institute for Energy Economics and Financial Analysis (IEEFA) said last week. Despite progress …
Continue reading "Panel: Structural Issues Hamper US Sustainable Investing"
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