A look at the previous months work, my capstone project for a local grocery store and my sustainable investing class.
As more and more institutions and people are divesting from fossil fuels globally, climate responsible finance is booming. Part of this revolution is the meteoritic growth of green bonds, which were started in 2007 by the World Bank and the European Investment Bank.
That’s it ! Renewable energy sources and electric vehicles are progressing so fast around the world that according to a new study coal and oil use could peak worldwide in as little as three years.
This week I am continuying my ten-month series based on articles I wrote for my Operations classes for my MBA at Presidio Graduate School. Hope you will like this series !
What if one of the core principles of Capitalism today was wrong, utterly wrong, even from a legal and economic standpoint ? This is the thesis defended by Lynn Stout in this brilliant book.
I was right earlier on when I stated that it was up to us after the Lima Minima. Companies, cities and communities need to act on climate change and luckily they do as the United Nations reported recently.
$5.3 trillion (or 4.7 trillion euros) : those are staggering figures as they amount to $10 million every single minute. The figures come from the International Monetary Fund, so one can be pretty sure of them.
When Bloomberg writes that in the United States “ Big Oil Is About to Lose Control of the Auto Industry ” you know there is something going on, especially when they rely on solid BNEF study and data.
Yes, you read that right, it’s billion, with a B, like a thousand million… Now this is further proof that cleantech and renewables DO make sense financially. Otherwise, why would such a bank invests so much in them ?
According to Bloomberg New Energy Finance global investments in clean energy such as wind and solar bounced back in 2014 with an increase of 16 percent over 2013. They reached $310 billion (260 billion euros).
We have seen that divesting from oil companies is a moral question but it is also a sound economic advice as more and more financial analyst are saying, to the point of ” fossil fuels are the next subprime danger “ as I blogged last year.
If I am back on this blog, I am also back on Cleantechies with my 60th post there in five years. I am writing for the occasion about my beloved Colombia, which enacted a key law to promote renewables.