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Exxon and other laggards excluded from LGIM Future World Funds
21 June 2019Legal & General Investment Management (LGIM) has excluded more climate change laggards from its Future World Funds range after they failed to respond to its engagement programme.
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$1.8trn investor group urges US utilities to set net-zero carbon deadline
01 March 2019Investors representing a combined $1.8 trillion in assets have demanded that the 20 largest publicly traded electricity utilities in the US commit to achieving net-zero carbon emissions.
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North American electricity utilities trail European counterparts in transition to low-carbon economy
09 June 2017Electricity utilities are, on average, not reducing emissions fast enough to be in line with a scenario that would limit climate change to the Paris Agreement's 2°C target, a Transition Pathway Initiative (TPI) study has found.
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Xcel Energy seeks to boost solar resources
15 September 2014Xcel Energy, a major US gas and electricity company, is seeking requests for proposals for up to 200MW of solar power capacity, via its Texas based subsidiary Southwestern Public Service (SPS).
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US generator eyes cost savings from more renewables
17 September 2013A major US utility expects to save "a substantial amount" for its customers by sharply increasing the amount of wind power capacity in its generation mix.