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...Private capital groups have also planned large investments into utilities as part of efforts to transition power companies to lower-carbon energy production....
...But executives are optimistic about the transition Despite expecting a slower transition to net zero, executives remain optimistic about the transition, particularly those from the Middle East, Asia-Pacific...
...past with a Dictaphone in one hand — and often a Guinness in another — is audio storyteller Gilbert Power (Will Forte), who arrives from the US in search of macabre mysteries and an idyllic backdrop for a Guardian-produced...
...One of the received tenets of the energy transition was that there was no trade-off between green investing and making money....
...Fitch Ratings cut its outlook on China’s long-term credit rating to negative on Wednesday, citing uncertain prospects for the economy as the country transitions from its property-led growth model....
...— MrBeast Screwed Up Elon Musk’s Pyramid Scheme (Garbage Day) — Unjust transitions and the Port Talbot shutdown (LRB) — The double life of Brian (more from Dan Davies on the UK’s role as consultation...
...This raises the worry that European and US carmakers will be unable to make an EV transition profitably and will be overtaken by Asian rivals....
...“We will continue to move forward in the energy transition at a speed our customers can afford and at a pace that allows us to maintain reliable service for our customers.”...
...“LNG is part of the energy transition,” he added, arguing that renewable sources of energy could not be scaled up quickly enough to remove gas from the energy mix....
...He has called 2024 a “transition year” and promised to restore profit and margin growth....
...“This energy transition is starting to expose some weaknesses in that kind of complacent attitude.”...
...A tricky transition I put this to Jennifer Motles, chief sustainability officer at Philip Morris International, the biggest listed tobacco company by market capitalisation and second only to Imperial Brands...
...That requires a large customer base, hence Tesla’s transition from high-end, six-figure vehicles to more affordable models and deals with Uber and Hertz....
...Autonomous driving will be critical to that transition and having access to Chinese data will help....
...“We are forming views around what we think are the most likely areas of strong returns, to support that transition.”...
...Sistani knows such a transition takes time which she may not have....
...That would make them guardians of trillions of dollars, and significant players in the “shadow banking” system, a catch-all term for financial institutions that lend, hold or borrow money but aren’t regulated...
...During this transition, automakers able to build a balanced portfolio of electric, gasoline, and hybrid offerings will outperform their peers. june.yoon@ft.com...
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...“We view Tesla’s shift as thesis-changing, and worry the stock will need to undergo a potentially painful transition in ownership base,” said Deutsche Bank analyst Emmanuel Rosner, who downgraded the stock...
...“The end state of this project, after the transitions of assets in the coming months, will lead to broadly a 50-50 asset split for depositary and administration between State Street and BNY Mellon based...
...Citing his trips to 17 countries last year, Fink wrote global politicians and businesspeople increasingly planned to invest in both oil and gas for energy security and green power for the energy transition...
...“It’s going to be part of this ongoing transition, to learn more about how that business is going to be structured, and then also more about how Greg Abel thinks of it.”...
...He added: “I’m comfortable and confident that we’ll be able to manage the monetisation transition here well.” Other companies are joining the spending spree on AI....
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
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