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Climate risks are larger than clean energy transition anxieties

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Climate risks are larger than clean energy transition anxieties

Image caption: Top corporate energy consumers increasingly see the real risk is being caught flat-footed in a moment of energy transformation. Image via Shutterstock / Dilok Klaisataporn. Article by Sarah Golden. GreenBiz – March 24, 2022.

It’s hard for a company to be a clean energy trailblazer. The upfront costs of renewables can be more expensive than their dirty counterparts, contract models are young and complex, and if anything goes wrong, the internal champion working on the initiative will likely be blamed. So it makes sense that the companies that are out front on clean energy initiatives are those that have staked their reputation in figuring out tough challenges and have profit margins to play with — think tech giants such as Microsoft, Google, Amazon and Meta. […]