Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has garnered interest amid tough conditions for insurance buyers.
Tag: wind
Major Oil Companies Look to Fill Businesses’ Growing Appetite for Green Power
Businesses are buying more renewable power, and oil majors want a piece of the action. European oil companies including BP PLC and Royal Dutch Shell PLC are building new wind and solar projects and striking deals to supply electricity to big corporate buyers like Amazon.com Inc. and Microsoft Corp., treading into the domain of traditional… Continue reading Major Oil Companies Look to Fill Businesses’ Growing Appetite for Green Power
California Lawmakers Set Goal of 100% Renewable Energy Use by 2045
California lawmakers have adopted a plan for the state to transition to an energy grid devoid of electricity generated from fossil fuels by 2045. The state assembly passed the bill on Tuesday and it now awaits Gov. Jerry Brown’s (D) signature. If enacted, it would put California on track to become the first state to… Continue reading California Lawmakers Set Goal of 100% Renewable Energy Use by 2045