Home
About Us
Repsol, Spain's largest oil and gas company, is under fire from environmental groups for "greenwashing" its fuelsmeaning using palm oil instead of natural gasand is now facing a lawsuit from another company, Iberdrola, accusing it of unfair competition and misleading advertising, the Guardian reports.
Iberdrola, which is based in the country's Basque region and has more than 2 million electricity and gas customers, says Repsol's push for "sustainable, eco-fuels, carbon neutral, with a low carbon footprint or renewable" fuels doesn't jibe with the European Union's criteria for green products.
"They favor the overvaluation of assets considered green, which fuels the risk of bubbles," Iberdrola CEO Jon Imaz says.
Repsol, for its part, says it's focusing on decarbonization, meaning using less fossil fuel, while Iberdrola says it's focusing on competition, the Local reports.
Repsol, for its part, says Iberdrola's claims are "without foundation."
It says Iberdrola's claim that it's competing in an open market is "without foundation," as most of its customers use agricultural crops or Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Asian millennials are expected to inherit more than a third of the world's wealth by 2030, and a new service in Asia aims to help them do just that. The philanthropic arm of Singapore's sovereign...more
Bloomberg is looking for a Salesforce.com developer to join its New York office. You'll be responsible for building and maintaining Bloomberg's sales and service applications on the Salesforce...more
The Atlanta Braves have a new co-owner, and it's no surprise. Anil Damani, a native of Pakistan who now lives in Atlanta, bought a controlling stake in the team earlier this year, reports the...more
A Kansas State University fraternity has donated $35,000 to a local animal shelter after one of its members was seriously injured in a car accident. Blake Aurand, a member of the Delta Sigma Phi...more
David Pecker, the former CEO of the parent company of the National Enquirer, took the stand in his own defense Thursday in the trial of Michael Cohen, President Trump's former personal...more
The Toronto Globe and Mail's "On the Scene" feature takes a look at some of the week's philanthropic events around Canada, including a record-setting auction that raised $250,000 for a mental-health...more
Nigeria's Mike Adenuga Jr. turned 71 yesterday, and in honor of the billionaire's big day, Business Insider has compiled a profile of him that includes this standout line: "In a universe often...more
If you're a billionaire in India, you may be on the Forbes list of the world's richest people. And if you're also a billionaire in India, you may also be on the Forbes list of the world's richest...more
When it comes to philanthropy, millennials and Gen Z are outpacing baby boomers in a big way, according to a new report from Instituto Beja and Oxygen. The report finds that 74% of millennials...more
"All investments are impact investments," says Adam Spence, CEO of SVX, a non-profit financial services firm that has just launched Canada's first index designed to measure the impact of investments...more
Social Entrepreneurship
Spotlight
Social Entrepreneurship: Meet the Disruptors of The World Of Philanthropy
William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”
