Recent Posts

Wind, solar power have now become affordable

In the midst of otherwise depressing developments in the progress of climate change, one bit of good news shines through: The economics of renewable energy have been improving fast — especially those of onshore wind and utility-scale solar power. A new analysis of the levelized cost of energy from Lazard, the company I work for, shows that over the past ...

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Trump’s head is in Amazon’s cloud, and Bezos knows it

Dana Deasy, it’s fair to say, has a sterling reputation as a chief information officer. He first took on that role in 2003 at the age of 44, when he became the CIO of Tyco International Ltd. He has also been the CIO at BP PLC, GM North America, and JPMorgan Chase & Co., where he managed 40,000 technologists before ...

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Will Lagarde do ‘whatever it takes’ to save the Earth?

For the past decade, politicians in the rich world have relied too much on central banks to solve their problems of weak growth and high unemployment. They may be about to do the same with climate change. Central bankers have started to make their voices heard on the threat of carbon emissions. From worries about how financial institutions might withstand ...

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