Business

Fiat acquires 35% of Chrysler

I was right when stating a month earlier that the Big Three could get a green bailout if they partnered with European car makers. It seems it was a good idea as Fiat just acquired 35% of Chrysler in exchange for small fuel efficient cars. This will allow American consumers to soon have access to […]

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A 38 billion USD green New Deal for South Korea

The United Nations Environment Programme (UNEP)  has been advocating for a global green New Deal to restart our economies and I reported that they are not the only ones to think the same. It seems that there is at least one country so far that listened to their voices and started to implement such a

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A global green New Deal : UNEP iniative

As stock markets keep on going down and down, there is still hope. Indeed, the UNEP launches a green economy initiative to get the global markets back to work. This represents a possible turnaround from our growth model based on the depletion of natural resources and ecosystems and thus a more sustainable development. Years ago,

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Looking for sound and profitable investments ?

At a time where stock markets plummeted around the world, you may be looking for sound and profitable investments that will pay back for themselves quite quickly and last long. You might think about putting some money in a far away country’s companies or else. The ideal solution is nearer… as a matter of fact,

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Economic turmoil and sustainable investments

With the economic turmoil around the world and a crisis dubbed as the largest one since 1929, it is normal to wonder if sustainable investments and clean technologies will be hit. EcoGeek – a reference website on all green technologies, gizmos and investments – proposed an article last week that allow us to better grasp

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EDF takes over British Energy for 15.7 billion €

The French national utility Electricité de France – known as EDF – is beginning to take over the UK company British Energy for an estimated cost of 15.7 billion Euros (or $23 billion). According to the Financial Times quoted below, this is the largest international expansion plan for EDF. The company plans to build at

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A green recovery for our economies is possible

Last weeks were horrendous for our financial institutions and economies. Many concerns arise in Europe and around the world over GDP growth which is due to be low in 2008 and 2009. What if building a greener and more sustainable world actually brought economic growth, millions of jobs and most important of all, hope of

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GDF Suez : A French energy giant is born

As the official website was launched today,  I would like to write about this major event in the energy industry. After two years of talks a new giant energy company is born : GDF Suez. The company is the product of the merger of Gaz de France and Suez. The group weights nearly 75 billion

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Investments in renewable energies are booming

According to the UNEP, multiple factors are benefiting renewable energies as world investment in this sector rose by 60 percent in 2007 compared to 2006. Investment reached last year $148 billion (93 billion euros) and this trend is most likely to continue as forecasts mention $600 billion per year by 2020. As we can see,

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