Galvanize, the climate-focused asset manager co-founded by Tom Steyer, on Thursday unveiled a "Credit and Capital Solutions" strategy that has already raised $1.3 billion.
Why it matters: The firm is bullish on the business case for clean tech despite the U.S. pullback, but sees needs for "flexible capital across power, manufacturing, efficiency, and resilience."
European Union green rules will "challenge" the U.S.-EU energy deal, Exxon CEO Darren Woods tells Axios.
Why it matters: Woods is pushing back hard on looming ESG standards for companies based or doing business in the bloc above certain revenue threshold levels.
