Archive for December, 2010

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European Wind Companies Seed Competitive Advantage To China

Tuesday, December 14th, 2010

Chinese wind turbine companies have rapidly ascended to a market leading position in China. Five years ago they controlled a tiny percentage of their domestic market but today now control 85% of the domestic market and half of the $45 billion world wide market. The New York Times reported in an article how the larger European wind turbine leader like Gamesa and Vestas handed over their technology to the Chinese to gain access to the lucrative market.
Local rules required that wind turbines sold in China needed to be made with components made in China. This lead to a technology transfer from Vestas and Gamesa to local Chinese companies.
Read More: NYT - To Conquer Wind Power, China Writes the Rules

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Category Green Energy, Socially Responsible Investing | Tags:

Electric Delivery Vehicles Are Starting To Move

Thursday, December 9th, 2010

Electric vehicles are gaining transaction among delivery trucks. The Wall Street Journal and New York Times had articles that highlighted why companies like PepsiCo, FedEx and AT&T are making the switch from diesel or gasoline powered vehicles.

Read More: WSJ – As Electric Vehicles Arrive, Firms See Payback in Trucks

Read More: NYT – Ford Starts to Ship an Electric Delivery Van

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Category Green Energy | Tags:

Shift to resource efficient economy in EU predicted to create business opportunities

Monday, December 6th, 2010

The European Environment Agency (EEA) report released last week concludes that a fully integrated approach to transforming Europe to a resource-efficient green economy can not only result in a healthy environment, but also boost prosperity and social cohesion.

The Executive Director of the EEA, Jacqueline McGlade, told a press conference at the European Parliament that this is “the most comprehensive report that we have up to date on Europe’s environment. Environmental legislation as we’ve known it is no longer able to meet these challenges” she warned.

The President of the European Parliament Jerzy Buzek stressed the urgency of the environmental challenges saying that “It’s affecting our citizens, the quality of water we drink, food we eat, and the air we breathe. There’s no simple solution. So regulators, businessmen and citizens need to act together.”

Representatives from the European Commission agreed with this sentiment and stressed the importance of improving the efficiency of resource usage.

Environment Minister Joke Schauvliege said that “these challenges are an opportunity to shift to a resource efficient economy that would boost the EU, create new business opportunities, drive innovation and provide a crucial contribution to green and sustainable employment.”

More article on the need for developing a green economy in EU

UK economic recovery ‘poses threat to environment’

Butterflies or Business – Europe can have both

Growing demand for resources ‘threatens EU economy’

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Category Green Energy, Social Entrepreneurs | Tags:

Why ethical bond investing is a growing opportunity

Wednesday, December 1st, 2010

Tatjana Greil-Castro writes for CityWire

Socially responsible investing has traditionally focused on equities but more and more markets are opening up in the fixed interest arena, says Tatjana Greil-Castro of Muzinich & Co.

Socially responsible investing (SRI) is growing. Statistics from the Investment Management Association (IMA) show that ethical funds had net retail sales of £74 million in the third quarter of 2010, up 25% from the same period the previous year.

Much of the focus traditionally has been on equity investing, with shareholder activism in particular the preferred method for encouraging changes in corporate behaviour. Until recently socially responsible fixed income investing had been limited to micro-finance, community-based lending and some low-yielding government and investment grade funds. Fortunately this is beginning to change and there is now more opportunity for ethical fixed income investing.

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Green Expectations

Wednesday, December 1st, 2010

Hannah M. Muralla reports for Business World

A good chunk of the globe’s biggest businesses are also, quite unsurprisingly, its most infamous polluters.

Data from the United Nations Environment Programme (UNEP) Finance Initiative and UN-backed Principles for Responsible Investment (PRI) cited that the world’s top 3,000 companies were responsible for $2.15 trillion worth of environmental damage in 2008, with utilities, oil and gas producers, and industrial metals and mining firms cited as the biggest culprits in the industry.

That figure could swell to $28 trillion in 2050 if no concrete steps are taken to curb greenhouse gas emissions, unsustainable resource use, and water and air pollution.

The environment, stressed UNEP Finance Initiative executive director Paul Clements-Hunt, is also the business of businesses. “Using our natural assets efficiently entails collective action…The bottom line is that if we are to achieve a sustainable global economy, we must stop drawing down our natural capital,” he said.

Read the full story Green Expectations at BusinessWorld Online

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Category Socially Responsible Investing, Sustainable Investing | Tags:

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