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Rakesh  Sharma's picture
Journalist Freelance Journalist

I am a New York-based freelance journalist interested in energy markets. I write about energy policy, trading markets, and energy management topics. You can see more of my writing...

  • Member since 2006
  • 1,011 items added with 680,648 views
  • Apr 23, 2020

I've written about ESG financing and its role in helping the transition from non-renewable to renewable sources. Here is an interesting piece about Covid 19's effect on ESG financing. The previous financial crisis boosted investment in smart grids and renewable energy. The authors argue that governments and policy makers should use the current crisis to attach ESG conditions to financing future energy projects, meaning the projects should be evaluated based on their impact from an environmental, social, and governance perspective. Of course, that is easier said than done. ESG is a fuzzy concept to begin with. There are no commonly-agreed upon ESG metrics. Moreover, the pandemic has already slowed down renewable energy development. Things don't look good for renewable energy in the future either. That said, the crisis has highlighted social issues for workers in the sharing economy. Might a similar change occur for workers in the energy and utility industries?   

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