Outlines the great economic uncertainty prevalent in the world today, and how the fundamentals portend more turmoil in the future. The article is a general finance article; however the cleantech space is not a world unto itself and will be buffeted along with every other sector by further economic dislocations. It is in this sense that it has relevance for a green economy blog. Cleantech and the green economy are a part of a much larger economy that still has serious fundamental problems that will continue to cause pain. Cleantech is not a world unto itself and how it fares will be profoundly influenced by how the larger economy in which it exists fares. Several looming questions are raised in my mind by the scenario this article outlines; including how the cleantech sector will raise much needed capital in order to grow in the kind of macro financial and economic environment that is outlined by this post.
This post looks at some of the financing and perception challenges that the renewable energy sectors need to meet in order to compete with the much better organized and currently profitable fossil energy sectors. The author would like to see a greater focus in the renewable sector on the specific needs of the companies in the industry and makes the argument that companies in the renewable sector need to do a better job in how they present their case if they want to compete with the red hot oil & gas sectors with investors.
Spending in the clean technology industry shows no signs of decline and in spite of the global economic situation, spending by the world’s biggest companies in this area looks set to increase. A recent survey – conducted by leading professional services organisation Ernst and Young – yielded these results from consultations with more than 300 executives worldwide from corporations with revenues in excess of US$1bn.
As consumer expectations rise and trust in corporations decline, the need for ethical business practices is greater than ever. Yet in a recession, companies seeking to cut costs will likely postpone important CSR initiatives or cut spending in favor of core business initiatives. But it doesn’t have to be either-or. Companies that consider social and environmental initiatives as potential innovation platforms and brand builders — not expenses — will come out ahead.
The excitement surrounding the biofuels market opportunity has been tempered somewhat by its many challenges, which include ethical questions of food versus fuel, limited availability of inexpensive feedstocks, petroleum price volatility, overcapacity of production and the global recession. However, a two recent reports from both Pike Research and Bio Economic Research Associates forecast that, despite these significant challenges, the combined biodiesel and ethanol markets will reach $247 billion in sales by 2020, up from just $76 billion in 2010. Total job creation, accounting for economic multiplier effects, could reach 123,000 in 2012, 383,000 in 2016, and 807,000 by 2022.
A new report released recently assessed exactly how 40 of the country’s largest cities are trying to limit their carbon footprints and take the steps needed to raise these efforts to the next level. The report, initiated and conducted by Living Cities, a collaboration of 21 of the world’s largest foundations and financial institutions is […]
SustainableBusiness.com recently announced its 2009 Sustainable Business 20 (SB20) List: The World’s Top Sustainable Stocks. The 8th Annual SB20 List consists of 20 public companies that are leading the way to a sustainable economy. The list is presented in the Progressive Investor newsletter, published by SustainableBusiness.com, which tracks and analyzes green stocks. To choose the 20 companies, SustainableBusiness.com works with a group of judges, who are among the most respected green stock analysts in the world. Judges select companies across the range of green business sectors – solar, wind, geothermal, smart grid, water, food, agriculture, green building and transport. In addition, over a third of the companies populating this year’s SB20 List are “Corporate Pioneers” – companies with conventional products and services that are greening their product lines.
Five Really Fun Green Careers. Green Planet spotlights five green careers they think are guaranteed to pull you out of the recession dulldrums.
By now, everybody has heard about the Studyt out of Spain that supposedly proves that Obama’s green jobs program is a loss cause that will hurt our economy. I think there are numerous flaws with that study. In this update, we have Spain’s response to his claims, proof that his data was falsified, an explanation of how the renewable energy investment did not have the major negative impact on business, in Spain, that his analysis was too simplistic to be applied in any real world model, and what most economists believe is the major cause of Spain’s high unemployment rate. I will also bring to light extremely relevant facts, that the study fails to mention or factor in to the study, and review the US’s history and results from past renewable energy investments. That’s right we have been investing in renewable energy for years.