As a small child, Jason Young was given a rare opportunity: his mother opened a bank account in his name and gave him a $5 weekly allowance. One dollar was for savings, one dollar was for church and the other three were his to spend. At an early age, Young learned a key concept: budgeting. … Continued
Category: Investment & Markets
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Venerable British insurer Lloyd’s, known for insuring Keith Richard’s fingers and America Ferrara’s smile, has released a white paper (PDF) warning of a looming energy crunch and the significant risks to companies unprepared for it. Lead authors Antony Froggatt and Glada Lahn only touch on the controversial concept of “peak oil” in their report, which was written in … Continued
Humanitarian design stories like that of Project H and the Hippo Roller are abundant. Gen-Y’ers are showing much interest in studying design and applying such idealism overseas. Surely most young professionals in North America, Europe, and East Asia are pursing this passion with the best intentions. But that enthusiasm has not been met by professionals in India, Africa, and Southeast Asia.
President Obama announced Saturday in his weekly radio address that the Department of Energy has agreed to back nearly $2 billion in loans to two solar power companies for projects in Arizona, Colorado and Indiana. The loan guarantees will go to two firms: Spanish solar firm Abengoa Solar Inc. will receive a $1.45 billion loan … Continued
It’s a subject near and dear to my heart: as a freelance writer, the ability to set my own hours, work from home (or wherever I want) and drop everything to go for a walk or take a personal call. This is a level of freedom I am loathe to give up — even for … Continued
Tesla’s initial public offering (IPO) was well-timed. Except for the World Cup, the past week was a relatively slow news week, unless you are a G8 or G20 news junkie. The Gulf Oil spill will not end anytime soon, not that highways suffered from lack of traffic over the holiday weekend. In a world where … Continued
In a recent Harvard Business Review Article, Timothy Ogden made the case that the U.S. is out of touch with Social Entrepreneurship. His basic premise? Social innovations created by the rich, intended on helping the poor, are bound to fail.
The American mutual fund company Calvert Investments announced that it sold a significant portion of its BP shares, but will still work with BP to improve its environmental performance.
We all know that person. She works her desk job dutifully, all the while lamenting her lack of freedom to start her dream green business. Whether it’s an organic restaurant locavores would love, an eco-friendly landscape design firm, or a nifty clean tech application that needs to be created and marketed, she’s in love with … Continued
I had a wide ranging conversation with Bryan Welch, publisher of Ogden Publications following his fun and inspirational keynote address at the LOHAS Forum. You might not recognize Ogden Publications but you will certainly know its magazines, which include The Utne Reader and Mother Earth News, a magazine about gardening, alternative transportation, country living, self-sufficiency … Continued
By Ambrose Desmond Trying to find a silver lining in the Gulf catastrophe is not an easy thing to do. However, some faint ones can be spotted. First is the real possibility of a shift toward much more conservative drilling policy and more momentum for the alternative energy movement. Second is the possibility that BP, … Continued
The dark side of trying to jump start renewable energy in a cash-poor economy is playing out with reports that Spain is under heavy pressure to reverse or tone down plans to reduce its special ‘feed-in tariffs’ (FiTs) for photovoltaic energy operators. The reductions are intended to staunch some heavy and unanticipated monetary bleeding caused … Continued
A consortium of North American and European activists have demanded sweeping changes to the Clean Development Mechanism (CDM) after charging that up to one-third of all CERs ever sold may have been illegitimate. The groups are demanding an investigation to determine whether a number of coolant firms have manipulated the marketplace since 2005 by deliberately … Continued
An afternoon session at the LOHAS Conference gave aspiring entrepreneurs a chance to ask panelists in the financial world about raising capital, especially during this economic environment. The panel included Joseph Durnford, CEO of JD Ford Associates, Joseph Anzalone, Vice President of New Resource Bank, Rich Frankenheimer of Touchpoint Trust Group, and Deb Parsons, Co-Director … Continued