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Tabitha Kimani

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Cleveland Browns

Climate love

COMMITTING $725 MILLION TO DECARBONIZING HEAVY INDUSTRIES AND INVESTING IN CLEAN ENERGY


This is a great contribution by Jimmy Haslam's family towards combating the climate change crisis. Restoring the earth's climate to where it is deemed be safe is a costly affair.
The money will be managed by private equity firm Ara Partners, which has appointed Shameek Konar to lead the new effort. It will target investments in power generation, biofuels for the marine shipping industry and other sectors, and energy supply and distribution businesses. It has a goal of reducing 50 million tons of greenhouse gas emissions over the lifetime of the fund, according to Konar.
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https://www.bnnbloomberg.ca/investing/commodities/2024/09/16/jimmy-haslam-backs-new-initiative-to-cut-heavy-industry-emissions/



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