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The Knowledge Trap by Thomas Oppong (Medium, 6/5/2019)
“Knowledge isn’t power until it is applied.”― Dale Carnegie
knowledge  power  personalgrowth  thomasoppong 
yesterday by davidkoren
GE 'badly' misjudged the clean energy transition, costing investors almost $193bn: IEFFA • Utility Dive
Robert Walton:
<p>While General Electric (GE) led the world in gas turbine manufacturing in 2015, the company shed 74% of its market capitalization between 2016 and 2018, as demand for new turbines cratered.

GE is "a case study in how rapidly and unexpectedly the global energy transition away from fossil fuels travels up the economic chain and destroys value in the power generation sector," the report says. It points the finger at large shareholders, like Vanguard, BlackRock, State Street and Fidelity, who IEEFA analysts say should be doing more to push companies away from fossil fuels.

"It is in [shareholder] hands to ensure companies evaluate and understand the inevitable energy transition as the world accelerates towards meeting the Paris Agreement," report co-author and IEEFA financial analyst Kathy Hipple said in a statement.

GE declined to provide comment to Utility Dive, instead pointing toward previous statements by company leadership. In January, GE CEO Lawrence Culp said the company was "late to embrace the realities of the secular and cyclical pressures" on its power business.</p>

Wonder how many other companies are going to miss this in the same way.
power  renewable  gas 
2 days ago by charlesarthur
California fire season starts with PG&E power shut-off in 5 counties | Utility Dive

Utility industry news, voices and jobs for energy industry professionals. Optimized for your mobile phone.
psps  power  wildfire 
2 days ago by beaucronin
Hollywood Reconsiders the Bad Female Boss, With a Generational Twist - The New York Times
These are anxious projections. There are arguably more powerful women on screen than there are in real life. A woman has not commanded the desk of a major-network late night show since Joan Rivers got booted from Fox in 1987. Three women have become the president of the fake United States on “Veep” alone. The powerful women of fiction are born of both hope and fear, of how women will ultimately seize power and how they’ll wield it.
nytimes  women  leadership  power  sexism  media  tv 
2 days ago by cmananian

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