Alliance magazine: “On 18 April Carbon Tracker, a UK-based foundation-led initiative, released its second report, Unburnable Carbon: Avoiding wasted capital and stranded assets. We need a managed, rapid and complete retreat from the use of fossil fuels if disastrous global warming is to be avoided, Jeremy Leggett, chair of Carbon Tracker, tells Caroline Hartnell.” (more…)
Solarcentury
The company I founded in 1998 to design and supply solar energy solutions for the built environment. Solarcentury
Solar Aid
The charity I founded in 2006, with a 5% contribution of Solarcentury profits, to help deliver solar lighting to Africa. Solar Aid
Archive for the ‘Finance’ Category
The vital role of foundations in the retreat from fossil fuels.
May 1, 2013 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, OilMosaic rolls out its third solar crowdfunding offer.
April 29, 2013 Change for Good, Clean Energy, FinanceTwo minutes that I hope might begin turning the climate tide.
April 20, 2013 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, OilJL open e-mail: “I am living in hope that if this 2 minute animation of the latest CarbonTracker findings holds huge potential in the climate debate. Its not just the way that it portrays the findings of our latest Carbon Tracker report, launched at a packed event last Thursday in Bloomberg’s HQ in the heart of the City of London. Its the nature of the arguments. You don’t even have believe in the danger of climate change to see that. You just have to believe that its worth having a pension that doesn’t evaporate on you.” (more…)
“How your pension is being used in a $6 trillion gamble.”
April 19, 2013 Climate, Coal, Commentaries, Finance, Gas, OilBill McKibben and Jeremy Leggett in the Guardian: “Suppose you weren’t worried that we humans are destroying our water supply and eroding our ability to feed ourselves by burning coal and gas and oil and hence changing climate. Suppose you thought that was all liberal hooey. What might worry you about fossil fuels instead? How about a six trillion dollar bet, including a big slug of your own money, on people not doing what they have said they are going to do, and that some have already sworn to do in law?” (more…)
Why is Warren Buffett investing in solar? Because he sees the future.
April 11, 2013 Clean Energy, FinanceSolar Mosaic approved to offer $100m solar investment.
April 8, 2013 Change for Good, Clean Energy, FinanceBilly Parish on REW: “Mosaic has just been approved to offer $100 million in solar investments to residents of California.” (more…)
“List of Deceased Solar Companies: …sad inevitable result of VC bubble”.
April 6, 2013 Clean Energy, Financegreentechsolar: “The sad, inevitable results of the VC bubble and solar shakeout. We listed the more than 200 VC-funded solar startups back in 2008. We knew that we’d be writing about most of them on their way up — as well as on their way down.” (more…)
Investor nerves rise in EU over threats to support for renewables.
April 6, 2013 Clean Energy, FinanceFT: “As the third anniversary of the Greek bailout nears, a shift is afoot on the continent that gave the world its biggest carbon market, its most effective green electricity subsidies, and its first offshore wind farms. It is too early to call it a U-turn, let alone a permanent reversal. But jitters are clearly growing about the cost of tackling climate change and building a green electricity infrastructure in the world’s oldest industrial powers.” (more…)
Analysts question sustainability of US shale gas in Salon interviews.
April 1, 2013 Finance, GasBrad Jackson in Salon: “….But what if cheap, domestic natural gas isn’t actually sustainable? What if rosy claims of fracking our way to energy independence is just an industry pitch that Washington has bought?” (more…)
Bergen City Council proposes pension fund sell major carbon holdings.
March 23, 2013 Climate, Coal, Finance, Gas, OilByluftlisten: “The City Air List (Byluftlisten) in the Bergen City Council on March 22, 2013 submitted a proposal to sell the city pension fund’s holdings in companies with significant fossil fuel reserves. The «unburnable» carbon risk consists in significant portions of such holdings becoming worthless if global climate policy succeeds.” (more…)
Bergen City Council considers proposal to sell fossil fuel shares.
March 23, 2013 Change for Good, Clean Energy, Climate, Coal, Finance, Gas, OilByluftlisten: “The City Air List (Byluftlisten) in the Bergen City Council on March 22, 2013 submitted a proposal to sell the city pension fund’s holdings in companies with significant fossil fuel reserves. The «unburnable» carbon risk consists in significant portions of such holdings becoming worthless if global climate policy succeeds.” (more…)
Crowdfunding “coming of age” for cleantech start ups.
March 11, 2013 Change for Good, Clean Energy, FinanceREW: “For clean technology startups, there are now no shortage of sites to cater to them. In addition to Kickstarter, Indiegogo and their general ilk like RocketHub, Seedmatch and Crowdfunder, Greenfunder is a crowdfunding platform for green, sustainable and related projects.” (more…)
Carbon bubble means business models of tar sands co’s at risk: S&P.
March 7, 2013 Finance, OilCarbon Tracker recently collaborated with global credit-ratings agency Standard & Poors to publish ‘What a carbon-constrained future could mean for oil companies’ creditworthiness’. (more…)
Bank of England decides against further QE.
March 7, 2013 FinanceGuardian: Monetary policy committee decides against expanding its £375bn quantitative easing programme. …and keeps interest rates at their historic low of 0.5%.
London banks consider suing EU over bonus cap.
March 4, 2013 FinanceEU Parliament agrees to cap bankers’ bonuses.
February 28, 2013 FinanceMoody’s downgrades the UK’s triple A rating.
February 22, 2013 FinanceFT: “Sterling slid against the US dollar to hit $1.5073, its weakest level since the summer of 2010, as investors reacted to the downgrade of UK debt by one notch to Aa1 from Aaa.”
“Call a truce in the no-winners solar war.”
May 7, 2013 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Nuclear, OilJeremy Leggett in the FT: Europe is on the brink of a trade war with China in one of the fastest-growing global industries. America and China are already engaged in battle. The job-rich and emissions-low solar photovoltaics industry is heading for severe impairment, at best.” (more…)
Tags: China, EU, SolarPV, US