Sat, 22 March 2008
In the world of investments, clean technology is seen as a boutique business - but that is starting to change. This year alone, $150 billion of new capital went into new energy sectors like solar, biofuel and wind. Mainstream investment firms, like State Street Corporation with over $2 trillion in assets under management, are bringing cleantech out of the shadows.
This week we're joined by Bill Page, VP of Environmental, Social and Governance Investments at State Street Global Advisors (SSGA), to talk about the emerging cleantech market and SSGA's Global Environment Opportunity Strategy (GEOS).
[Music: Nortec Collective "Funky Tamazula" from Tijuana Sessions No. 3 (Nacional Records, 2006) and Lighting Bolt "The Faire Folk" from Ride the Skies (Load Records, 2001)]
Sun, 2 March 2008
To mitigate the worst effects of global climate change, we need to reduce our emissions of greenhouse gases. One of the cheapest ways to reduce emissions is to reduce our demand for energy by promoting better efficiency in our industrial processes, our homes and our appliances. But can businesses and investors make money by reducing demand?
Diana Farrell, Director of the McKinsey Global Institute, made the case for investing in energy efficiency at the recent UN/Ceres Investor Summit on Climate Risk.
[Music: Vieux Farka Toure "Tabara" from Vieux Farka Toure (Modiba 2006) Radiohead "Weird Fishes/Arpeggi" from In Rainbows (Self-release, 2007)]