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Investors - JANUARY 30, 2020

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Google tops green-energy buys

by Andrea Zander

U.S. tech giants including Alphabet Inc.’s Google led the way as corporations raised the amount of clean energy they bought in 2019 by about 40 percent, reported Bloomberg. Google topped the list with contracts for more than 2.7 gigawatts.

Corporations and public institutions globally acquired a record 19.5 gigawatts of clean energy through long-term power-supply agreements in 2019, easily beating a record set in 2018.

In a letter to CEOs this month, BlackRock chief executive Larry Fink said his firm, with $7.4 trillion in assets under management, would prioritize climate change as a “defining factor in companies’ long-term prospects” and that a global climate emergency might upend business sooner than expected.

“When investors like BlackRock make commitments, everyone below them doesn’t have a choice but to follow,” Kyle Harrison, the repo

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