Harrington Investments, Inc., an investment advisory firm specializing in socially responsible investing, announced today that it is divesting its entire holding in Chesapeake Energy Corporation (CHK) due to the corporation’s poor environmental record and its lack of accountability to shareholders.
Category: Policy & Government
Despite surpassing the US’s installed wind capacity in 2010, 1/3rd of China’s installed wind capacity is not connected to the grid. China’s National Energy Administration (NEA) claims it will prioritize connectivity over renewables growth in its upcoming 5-year plan. The NEA has made public its focus on strategic wind energy growth through more hands-on energy … Continued
Yesterday, we examined the actual wind power being produced versus the wind power installed in China. With only 2/3rds of installed wind power connected to the grid, Chinese wind companies are losing money and opportunities to further diversify their energy mix. One of the major barriers to getting all of the installed turbines on the … Continued
Gross Domestic Product, the venerable and most-favored benchmark of national economic health and output – on the part of most of the world’s economists – is increasingly viewed as an inadequate measure of the nation’s wealth and well-being. This is not a new concept, as a Harvard Business Review blog post this month aptly notes. … Continued
A few years back, when the U.S. biofuel scene consisted mainly of corn ethanol, biofuel from algae seemed like a futuristic lab creature that would never survive in the real world. Now one company, OriginOil, is taking steps to fast-track its algae biofuel out of development and into commercial use. Last year the company found … Continued
China’s installed wind capacity is the second largest in the World, and their growth rates continue to dwarf those of developed nations. Yet wind energy still makes up a very small portion of Chinese energy production because 1/3 of it isn’t connected to the grid, and the other 2/3rds are heavily restricted. The problems hint … Continued
Public debate is a privilege of democratic society and holds the potential for idea exchange and constructive dialogue. Done properly it can broaden minds, promote new perspectives and spark creative solutions. It can also be a heck of a lot of fun! I was therefore encouraged to see an open challenge on Facebook from Michael … Continued
In an epic case of bad timing, last week the Wisconsin legislature abruptly suspended the state’s new rules for siting wind farms. The rules were set to take effect on March 1 after having been worked out in a public process over two years, with hundreds of stakeholders involved. The move threatens to halt the … Continued
Most cities will be installing EV infrastructure in the next year. But according to Momentum Dynamics CEO Andrew Daga, that infrastructure might be lacking a key component needed for broad EV adoption by consumers: passive charging systems. President Obama plans to have 1 million EVs on the road by 2015 driven mostly by consumers. Industry … Continued
TransAlta, the last operating coal-fired plant in the Pacific Northwest, is shutting down, but not until 2025 under a deal brokered by Washington Gov. Chris Gregoire with TransAlta, state regulators and environmental groups. It’s a phased closure of the controversial 1,600-megawatt plant in Centralia, WA that accommodates corporate needs, a long environmental battle and economic … Continued
Hawaii became the last state to enter the union of the United States in 1959, but may become the proverbial canary in the coal mine for the U.S. in the transition to a clean economy. The state’s isolation presents both challenges and opportunities for its policy makers and business community on the energy front. On … Continued
Recently Ceres concluded that while large companies that register with the SEC have overall improved their climate change risk disclosures in recent years, more work needs to be done. Most public companies are still very vague about risks associate with climate change, despite the SEC’s directive issued last year.
The element of risk is part of every investment. Some investments are more risky than others. There is no guarantee that any given investment will be successful. Let’s take a look at two ways government intervention attempts to mitigate investment risk, Government Clean Tech Venture Funding and the proposed Social Impact Bonds. How do these … Continued
There is not a single U.S. Government policy issue that makes my blood boil more than “corporate citizenship.” In case you are not familiar with the concept, corporate citizenship is a legal doctrine, under which corporations are perceived to have many of the same Constitutional rights as flesh-and-blood American citizens. The somewhat obscure issue came … Continued
By Tracy Taylor Not only are smart growth communities good for your quality of life, they are good for your pocketbook as well. According to Market Acceptance of Smart Growth, a recent report by the EPA, smart growth communities not only see stable market prices over time, but they often see greater retail appreciation than … Continued