With its latest increase of capital for green energy, Verizon is now poised to become the nation’s top solar-producing communications company. The latest injection of $40 million will add further installations to green sites in California, Massachusetts, Maryland, New Jersey and New York.
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Social media sites like Facebook are tailored to help people connect with friends, similar experiences and views. But there’s a downside, says the U.S. State Department, when it keeps users from reaching outside their ‘bubble’ of friends and experiences and actually helps to promote unrest.
With smart energy storage systems on the rise, industry participants will gather in San Jose next month to recognize innovation and excellence in the field at Energy Storage North America 2014.
The World Resources Institute reported in 2011 that 75 percent of the world’s coral beds were in jeopardy of extinction — a gloomy prediction for the oceans’ essential ‘rainforest trees.’ Well, Israeli scientists have found an answer by reforesting the coral beds using hand-planted “coral carpets.”
Growth in 2013 was modest, but the U.S. continues to be a world leader in installed wind power capacity. Prospects for 2014-2015 remain cloudy, however, given the expiration of the federal PTC and policy uncertainty, according to two reports released by the Department of Energy.
The point is that the Libertarian view of big government and massive government intervention as the source of all evil is not realistic or grounded in the way a complicated and globalized world works.
Germany’s Munich City Utilities and Sweden’s Vattenfall announced they will invest $1.6 billion in building Sandbank, an offshore wind farm capable of producing 1.6 terawatt-hours of clean, renewable electricity.
China installed 12 GW of new solar PV power generation capacity in 2013, a whopping 232 percent year-over-year increase. New solar PV power capacity in Germany, in contrast, dropped a sharp 56.5 percent to 3.3 GW, while Italy’s fell 55 percent to 1.6 GW.
As millennials we want our work to have meaning for ourselves and the world, and we place a higher value on consumer goods that have some sort of beneficial social or environmental impact. Although we are generally more conservative in our investment decisions than previous generations (can you blame us?), we are willing to take on more financial risk if it increases exposure to ESG impact.
Amidst all the talk about the trillions of dollars in wealth transfer and flood of stats coming out about millennials, I thought I’d spend some time talking about what I see millennial investors doing as it relates to investing. I do so from my role at Calvert Foundation, working with investors, their financial advisors, their brokerage firms, and the entrepreneurs and organizations creating local solutions in their communities.
GDP doesn’t actually tell us much about the value of natural capital, like clean air or healthy forests. Such natural goods and services, despite their great economic contributions, are largely viewed as free. We need a better metric that accounts for not only monetized economic wealth but, more importantly, includes vital environmental and social factors.
GreenMoney’s new issue has an impressive set of five articles that all come from millennial voices and deal with their approaches to investing and business.
It looks like the World Bank is succumbing to budgetary pressures and choosing to neglect its human rights responsibilities as the world’s largest and most influential development bank.