The Gates Foundation continues their disposal of fossil fuel equities. Between September and December, 2015, the Foundation “sold its $187m stake in BP.” This move follows a prior stock sale by the foundation to liquidate their entire $824 M holding in ExxonMobil. This matters because as recently as October, Bill Gates is on the record against divestment
DBL Partners, an investment fund based in the San Francisco and Palo Alto area, recently announced the closure of an impact investing fund worth $400 million. This fund is the largest so far in the impact investing space and will focus on companies in the sustainable energy, products and services, digital media and imaging, healthcare and IT
Originally published on SolarLove.org Partnering with Morgan Stanley to make tax equity financing available immediately, SunEdison is executing a major launch of an innovative power purchase agreement (PPA) product across seven states. With a newly expanded channel and sales platform, and through the recent acquisition of multiple residential power plants with SunEdison subsidiary TerraForm Power
Originally published on Planetsave.com Storing solar energy in a battery in Spain is more criminal than spilling radioactive waste. That’s the implied message written between the lines of a recently drafted law poised for fast-track approval by the government of Spain. Proposed fines for residential and SME use of solar energy self-consumption will be as
With cash-strapped and debt-ridden governments, sustainable development experts are turning to private SRI investors to address the gap in social and environmental initiative spending. A UN paper titled Private Sector Investment and Sustainable Development estimates that approximately US$5 trillion to US$7 trillion per year will be required to address sustainable development needs, with an additional US$44
Originally published on SolarLove.org Announcing its support for legislation extending the Investment Tax Credit (ITC) for both residential and commercial solar installations, the Solar Energy Industries Association (SEIA) said it will provide a big boost to the US economy, while also helping to fight pollution and climate change. Introduced by Rep. Mike Thompson (CA-5), the
What’s happening worldwide with regard to investments in renewable energy? Well, according to the latest results of United Nations Environment Programme’s 9th “Global Trends in Renewable Energy Investment 2014 Report”, created by the Frankfurt School-UNEP Collaborating Centre and the research company Bloomberg New Energy Finance, the global investments in renewable energy have grown 17%, resulting
Capturing the headlines of the solar industry in the last several weeks, Egypt is attracting the attention of major international solar developers and investors. Following the recent Economic Development Conference held in March, many headlines have further underscored the reality of Egypt’s economic renaissance. Coupling this economic renaissance with the rise of Egypt’s New and
Investing the generosity of donors into improving the lives of millions of Haitians, the American Red Cross has just issued a five-year update after the devastating January 12, 2010 earthquake. Describing its ongoing efforts, the American Red Cross five-year update details services provided to more than 4.5 million Haitians. Ensuring that Haiti’s recovery is sustainable,
Strong investing and rising growth in the wind energy industry has been delivering homegrown energy resources to fuel the American economy, and put more people back to work. With help from the federal Production Tax Credit (PTC), wind energy projects are helping to keep electricity rates low and widescale development projects coming online. According to
Across the United States, investing in solar energy generation is on a roll. Cumulative PV and concentrating solar power (CSP) operating capacity has exceeded 15.9 gigawatts (GW), enough to power more than 3.2 million homes. On the International highway to a clean energy future, global warming mitigation milestones are being reached more regularly these days. A
Being born with a talent is like receiving a great gift, but as they say, giving is better than receiving. Now there’s a way to have your gift and give it, too. Just put it in the bank — the TimeBank. Promoting equality through inclusive exchanges of time and talents, TimeBanks provide investors with a
Biodiversity is the ultimate fountain of life. It funds our economy and our future, securing the foundations of all of Creation. Investing in a healthy and resilient environment is not optional. Treating the natural world with respect is the only way to improve human existence, and insure social and economic progress. In short, investing in
Recently unveiling a multi-billion-euro, multi-decade plan to counter rising sea levels, the Netherlands is investing proactively to mitigate risks from global climate change. Surging seawater is the biggest environmental threat to this European nation, much of which lies below sea level. Environmental Minister Melanie Schultz van Haegen, presenting the plan to parliament, called it “a
Divesting from fossil fuels is not just a way of helping to cut GHG emissions and pollution in the near future, but by moving the money to renewable energies instead, it could also spur on clean energy development and commercialization, which would then help ‘move the needle’ even further on global warming issues in the
Fossil fuel divestment, even as it grows in popularity, has its share of detractors, and one of the issues that comes up for them is the potentially high cost (said to be as much as $5 trillion USD for full divestment). However, that figure isn’t nearly as cut-and-dried as it might seem, because pulling money
Fossil fuel divestment, which entails getting out of investments in stocks, bonds, or funds that back fossil fuel companies or initiatives, is an admirable goal, as it attempts to remove the profit from planet-wrecking businesses, but it’s not nearly as simple as it seems, and it could be a very costly endeavor – as much
The fossil fuel divestment movement is gaining momentum in religious organizations around the world. But there remains many large-scale religious groups (i.e. the Catholic Church), seminaries, universities, and individual houses of worship that still choose to pay polluters. Our sister site, EdenKeeper, recently published a series of two articles that show the necessity of divesting, address
Robert Kiyosaki, the author of the well-known personal finance book Rich Dad Poor Dad, is giving away free downloads of his Guide to Investing through June 15th, in honor of Father’s Day. “Featuring real dialogue between Kiyosaki and his “rich dad” mentor from before the time Kiyosaki made his very first investment, Guide to Investing
If you’d like to put your money to work with renewable energy, solar power is a cost-competitive energy option that has the potential to pay green dividends, long after the initial investment has been made. Whether it’s investing your money through a solar investment marketplace such as Mosaic or a solar crowdfunding platform like Sunfunder,
“Sustainability Investing is often referred to as Socially Responsible Investing (SRI), Responsible Investing, Impact Investing, Ethical Investing, and Green Investing. It is closely linked to Environmental, Social, and Governance (ESG) topics such as corporate governance, energy and water consumption, greenhouse gas emissions, employee turnover, and waste production.” – RobecoSAM
For green investors, or for those investors who want to divest from fossil fuel companies and focus on green investing, there are a couple of good options to consider when looking for places to put their money to work for them, while also supporting a more sustainable world. Silvio Marcacci, of our sister site CleanTechnica,
The London Stock Exchange’s Order Book for Retail Bonds (ORB) was launched in February 2010 in order to provide private investors with easier access to tradable bonds. It’s deemed a transparent, efficient and cost-effective platform – across a wide range of UK fixed income securities. Companies that want to raise funding issue bonds which can
It is a question which is of concern to all high school students and to all parents of teenage children. What will I do after school? For some the choice will be obvious; they will have a desire to follow a certain career path, or to enter a specific field of study. However, the majority
