Infrastructure News

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CalSTRS unveils net-zero emissions goals, names new COO

by Kali Persall | Sep 17, 2021

The board of the $318.4 billion California State Teachers’ Retirement System has pledged to pursue a net-zero greenhouse gas emissions goal in its $310.9 billion investment portfolio by 2050 or earlier, according to a recent meeting document. Earlier this month, CalSTRS unveiled a framework for a net-zero investment portfolio.
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Nuclear power’s role on the path to net zero

by Drew Campbell | Sep 17, 2021

As prelude to the COP26 U.N. Climate Change Conference beginning Oct. 31 in Glasgow, mother nature and market machinations are complicating what already is a complex discussion — the recent lack of wind in the North Sea, increasing natural gas prices and the ramp-up of coal-fired power plants to meet demand for price-conscious consumers provide additional examples of the complicated path to creating a net-zero world.
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At the center of transition: The United Kingdom looks to infrastructure to help lead

by Drew Campbell | Sep 15, 2021

The United Kingdom, not unlike most countries, is transitioning through a set of challenges related to climate change, economic inequities and the move to a more digitally focused world. The country also is adjusting to the European Investment Bank no longer being able to invest in infrastructure within its borders, which helped make those investments in the past.
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U.K. government launches $898b infra investment plan

by Kali Persall | Sep 13, 2021

The U.K. government has unveiled what it calls “the most ambitious program of infrastructure investment on record,” which calls for £650 billion ($898 billion) of private and public investments in infrastructure projects over the next decade.
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Freeway upgrade contract awarded in Australia

by Kali Persall | Sep 13, 2021

A joint venture consisting of CIMIC Group company CPB Contractors and Downer, a provider of integrated services in Australia and New Zealand, has been selected to deliver upgrades to the northern approach to the Sydney Harbour Bridge in Australia.                                                           
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Biden calls for a solar-energy dominated U.S. by 2050

by Kali Persall | Sep 9, 2021

President Biden has proposed a plan to produce nearly half of the United States’ electricity from solar power by 2050, a monumental undertaking that would require collaboration on tough decarbonization policies, alongside mass deployment of renewable energy sources.
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Apollo backs FlexGen Power Systems with $150m investment

by Kali Persall | Sep 8, 2021

Apollo Global Management has joined Altira Group and the founding investment group as a backer of FlexGen Power Systems, an integration services and software technology provider for energy-storage solutions.
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CalSTRS designs framework to help it reach net-zero by 2050

by Kali Persall | Sep 3, 2021

The California State Teachers’ Retirement System (CalSTRS) has approved a four-part framework that includes a commitment to achieving net-zero greenhouse gas emissions across its investment portfolio by 2050 or sooner.
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