New California bill would undo some 20-year rooftop solar contracts

Published on May 8, 2025

California lawmakers are considering a bill that would renege on decades of commitments to customers who’ve installed solar panels on their homes — all to shrink only a tiny fraction of the utility costs that are driving electricity rates through the roof. The bill in question is AB 942 , introduced by…

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Private equity eyes up to US$1.3 trillion climate adaptation market by 2030

May 8, 2025
While the public sector is expected to account for the bulk of adaptation funding, a new study by Temasek and BCG identifies six investable segments for private investors, from climate risk data providers to flood defense infrastructure.

As Malaysia grapples with flood-related losses, World Bank warns of ‘rising economic cost of inaction’ on climate change

May 8, 2025
To build resilience to extreme weather, Malaysia’s government needs to quantify the costs of climate risks and embed these costs in its fiscal budget. More must be done to upgrade state machinery for climate action, said the World Bank.