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    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

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    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

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    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

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    PAP Boss to Niger Delta Youths, Stay Away from the Protest

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    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

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    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

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    Owls inspire new revolutionary noise reduction technology – KTEN

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No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock

September 30, 2023
in General
No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock
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There will be no energy transition unless we can find new technologies that bring down the cost of renewables, BlackRock CEO Larry Fink told Bloomberg’s Dani Burger on Friday at the Berlin Global Diague forum.

“We are not going to have a transition unless we can find technologies to bring down the competitive cost of renewables. We cannot do that.” Fink said, adding that BlackRock conducted a survey that showed 57% of their global investors are planning to put more money into decarbonization technologies.

 “We saw what happened with elevated energy prices just two years in Germany and in Europe. You can’t have a transition.” Fink argued that when energy prices go up, emerging nations use more coal—because “life is more important than the future.”

“We need to reimagine finance,” Fink said, so finance can find ways of bringing billions and even trillions to emerging nations to help them decarbonize.

On the point that energy insecurity can be impossible for emerging nations to manage, other financial firms seem to agree. In late 2022, during Europe’s energy crisis, Europe’s energy security issues drove near energy poverty in the emerging world, Credit Suisse energy analyst Saul Kavonic said. While European countries and others may be able to pay a premium for energy, emerging nations cannot, and some already choose blackouts on a fairly regular basis because they can’t afford even today’s energy prices. And if they can afford some form of energy, it’s the lowest cost energy, such as coal, despite any green ambitions they might have.

Larry Fink oversees $10 trillion in assets for BlackRock, the world’s biggest asset manager. BlackRock was ridiculed by some late last year for calling on companies to invest through an environmental, social, and governance lens.

By Julianne Geiger for Oilprice.com

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>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : OilPrice – https://oilprice.com/Latest-Energy-News/World-News/No-Energy-Transition-Unless-Tech-Can-Make-It-Cost-Competitive-BlackRock.html

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MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

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