The president-elect's creative solutions for staying in the financial loop while seeming to keep his distance once again are drawing fire from his critics.
Creating jobs requires an injection of new money into the American economy. Borrowing from the bond markets or off the balance sheet in public/private partnerships won’t do it. So if Congress won’t issue money directly, it should borrow from banks, which create money out of thin air.
Instead of privatizing public assets and delivering taxpayer money to investors, the president-elect could fund his promised infrastructure projects by simply printing money.
Car manufacturers are warned that they must address climate change by switching to low-emission models—or face a sell-off of their shares.
U.S. investors worried about the value of their shares in fossil fuel companies want more information about climate change’s financial effects.
Energy experts say global investment patterns show a spectacular shift, with renewables on the rise and support for fossil fuels in sharp decline.
The reputation of Europe as a leader in renewable energy has taken a serious knock, with its investment dropping 21 percent last year while global figures reached record levels.
If the global average surface temperature rises by 2.5 degrees Celsius over its pre-industrial level by 2100, $2.5 trillion -- or 1.8 percent -- of the world’s financial assets would be at risk, scientists say.
With investment in renewable electricity sources now outstripping polluting fossil fuels, a new study sees signs of change in global attitudes toward climate risks.
The Dow and S&P 500 were each down about 6 percent. The rich are still rich, however.