Editor's picks: Moody's warns of credit squeeze
Plus, lawmakers want manufacturers to clean up after their products, and Ford, BMW invest in solid-state battery maker.
| May 3 |
Moody’s: Net-zero target likely to increase costs of capital for some
The proliferation of net-zero targets among governments and the financial sector will likely reduce the availability and increase the cost of capital for carbon-intensive activities, Moody’s Investor Services says. James Leaton, senior vice president at the credit-rating company, says,…