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Sustainability-linked bonds: A financial tool to lower power sector emissions

Sustainability-linked bonds: A financial tool to lower power sector emissions

FromEnergy Evolution


Sustainability-linked bonds: A financial tool to lower power sector emissions

FromEnergy Evolution

ratings:
Length:
14 minutes
Released:
Dec 18, 2020
Format:
Podcast episode

Description

New financial tools are emerging alongside new technology to help companies address greenhouse gas emissions. Unlike green bonds, where the proceeds from the bond are used for new and existing projects with environmental benefits, sustainability-linked bonds can be more flexible.  NRG Energy announced the issuance of a $900 million sustainability-linked-bond earlier in December. The company says that is going to help them achieve a 50% reduction of absolute greenhouse gas emissions by 2025 and reach net-zero GHG emissions by 2050 from a 2014 baseline.   Gaetan Frotte, the senior vice president and Treasurer at NRG Energy, spoke with Energy Evolution co-host Taylor Kuykendall about the latest announcement. 
Released:
Dec 18, 2020
Format:
Podcast episode

Titles in the series (100)

Energy Evolution is a podcast from S&P Global Commodity Insights that explores how the energy industry is changing. Co-hosts Dan Testa and Taylor Kuykendall spend each episode talking to leading experts from the energy and finance fields and breaking down the trends that the policymakers, traders and industry professionals need to know about. The team uses the reporting firepower and data resources of Market Intelligence to tackle the big issues of the day and changes on the horizon. Dan and Taylor are veteran journalists with broad expertise covering the utility and mining sectors.