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.
Category: Investment & Markets
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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
Everyone remembers the network and cable news brouhaha when the CEOs of the Big Three automakers each flew to Washington, DC on corporate jets at a total cost of $45,000 to plead with Congress for a bailout. The CEOs’ journey was recently retraced by two employees of Brammo, the electric motorcycle firm based in Ashland, … Continued
The Kohtrad Silk Project, led by Farquhar Simpkin, is a cooperative that sources, weaves, and then ships silk scarves and shirts, with the goal of building an Internet hub in this remote Northeastern Thai region within one year.
Sprout Robot jump starts home gardens with a simple web interface. Type in their zip code and what vegetables and fruits you want to grow and Sprout Robot creates a personalized planting calendar for your the area. Users have a choice of signing up for the free version of the site or one of the … Continued
General Electric has already invested $5 billion in research and development for its ecomagination line of energy efficient and environmentally friendly products and services, and plans to double that amount by 2015, the company announced Thursday. GHG emissions from GE’s operations have been reduced 22 percent from a 2004 baseline, and energy intensity has increased … Continued
Electric car maker Tesla Motors probably could not have picked a better time for their initial public offering as interest in alternatives to the internal combustion engine has been growing in tandem with the oil slick off Louisiana. Even as Tesla CEO Elon Musk traveled around the country this week pitching the start-up’s $100 million … Continued
By Simon Dunne Last week I posted an entry entitled “The Rented Life: Can We Live Without Owning?” touting the many benefits of forgoing ownership of underused possessions. It’s a lifestyle direction growing in popularity, allowing companies like Zipcar to be successful – they provide an attractive alternative to car ownership, allowing city dwellers to … Continued
PG&E Corporation, the parent company of utility Pacific Gas & Electric, announced on Monday a new $100 million tax equity fund to finance residential solar systems with little or no money down. The fund will bankroll installations by solar installer SunRun, which will own and operate the systems in return for providing customers, who essentially … Continued
Wool. It’s a renewable resource that sees use in a wide range of applications. It magically keeps you warm or cool depending on your needs. But it’s not without its issues. Moths like to eat it. Time tends to wear away at it. It ends up getting holes. For some, a few holes aren’t enough … Continued