Forbes

Plenty of rich people have blown fortunes on politics. But no other American has used politics to create as much personal wealth as the 45th president, who left office with a new asset — throngs of people willing to buy almost anything from him, at virtually any price. https://lnkd.in/eAkdMHkv

Despite a near decade-long ban on the sale of “metaphysical services,” Etsy hosts thousands of spells promising everything from untold wealth to cures for chronic depression — modern day snake oil sold as “entertainment.” Read more: https://lnkd.in/eXzkqfQE

Sarana Menara Nusantara, operator of cellular towers controlled by Indonesian billionaires R. Budi and Michael Hartono, plans to raise up to 9 trillion rupiah ($586 million) through a rights issue. Sarana Menara submitted a filing to the Indonesia Stock Exchange on Tuesday saying it will seek shareholder approval for a rights issue at a meeting on October 25. The filing said Sarana Menara will issue a prospectus providing details on the use of funds and the offering price, though it did not specify when the prospectus will be released. But the company said in the filing Tuesday that the money will be used to repay debt of its subsidiary Profesional Telekomunikasi Indonesia (Protelindo) and provide working capital.

As Secretary of Energy at a time when funding for clean energy in the U.S. is at its highest ever, Jennifer Granholm has an unprecedented task: dole out upwards of $110 billion for greener, less carbon-intense forms of energy — as quickly as possible. If she gets it right, it will affect Americans for decades to come – and create tens of thousands of jobs. https://trib.al/MHitMos #ForbesSustainabilityLeaders

The climate crisis is one of the biggest challenges humanity has ever faced. The Forbes 2024 Sustainability Leaders List highlights the entrepreneurs, policymakers, and philanthropists working on the frontlines to battle it. But while compiling it we discovered a number of climate warriors working away from the limelight, helping their own communities in the frontlines of climate change become more resilient. Some of these local activists are empowering coastal communities in the U.S. ravaged by extreme weather events; others are working with Indigenous groups in the Global South to protect biodiversity and access to fresh water. The impact of their work may not be global, but it’s making a difference for some of the people who need the most help. #ForbesSustainabilityLeaders

When the editorial team behind this year’s #ForbesSustainabilityLeaders List started brainstorming possibilities for the list, Elon Musk’s name came up early. And for good reason. The 2008 introduction of the Tesla Roadster did something many thought impossible–it made electric cars cool. And as Tesla continued to deliver new models, it spurred the auto industry into accelerating their own EV models. That’s been a big deal for the environment in the U.S., where cars count for over 20% of total carbon emissions. But the Forbes Sustainability Leaders List isn’t a lifetime achievement award. It’s focused on people continuing to make an impact in an ongoing way, and evaluations were weighed heavily in favor of what these people had accomplished in the past two years. By this metric, Musk has fallen short. Here's why: https://trib.al/VCY0R45

Four cities, four mayors, four approaches to climate change. The mayors of Boston; Paris; Freetown, Sierra Leone; and Quezon City, Philippines all made the cut for Forbes’ first Sustainability Leaders list. These cities might seem to have little in common. But the women in charge of them – Michelle Wu, Anne Hidalgo, Yvonne Aki-Sawyerr and Joy Belmonte – have put in place policies to cut greenhouse gas emissions, increase the tree canopy and make inroads on what Quezon City’s Belmonte has declared a climate emergency. #ForbesSustainabilityLeaders

Yet-Ming Chiang’s research on materials science might seem esoteric. But he’s used it to build an array of companies in areas like batteries, green cement and critical minerals that could really help mitigate the climate crisis. #ForbesSustainabilityLeaders https://trib.al/8ZNHLw2.

As Secretary of Energy at a time when funding for clean energy in the U.S. is at its highest ever, Jennifer Granholm has an unprecedented task: dole out upwards of $110 billion for greener, less carbon-intense forms of energy — as quickly as possible. If she gets it right, it will affect Americans for decades to come – and create tens of thousands of jobs. https://trib.al/fS5DCHS #ForbesSustainabilityLeaders

How We Created The #ForbesSustainabilityLeaders List Selecting 50 of the most inspiring sustainability leaders around the world and across diverse industries and disciplines is no easy feat—nor is it a perfect science. Founders, scientists, researchers, C-Suite executives, activists, storytellers, artists, investors, policymakers and beyond are all eligible to apply. For founders and CEOs of for-profit businesses, companies must meet a minimum threshold of $10 million in annual revenue or have raised at least $100 million in funding. In our inaugural year, we received 782 online submissions before the application window closed.