… to seek an alternative powertrain that did not use fossil fuels. For GM, the search for a new powertrain required a substantial change in mindset, since the ICE had been a mainstay … prototypes with an array of technologies; including diesel, battery, hybrid gas and electric systems, and hydrogen fuel cells. While GM researchers had made progress by 1998, … Besides the technical hurdles it was facing, GM’s efforts to introduce more fuel efficient vehicles had run into resistance from consumers, oil companies and the government. While …
… effectiveness of existing policies designed to reduce greenhouse gas emissions and identify new strategies. Connecticut’s government had already set a target of reducing greenhouse gas … 1996 and 2015, natural gas largely replaced the dirtier fossil fuels coal and oil for electricity generation to provide almost half of the state’s electricity and one-third of … down natural gas by 2050, putting further pressure on keeping or expanding nuclear. On the other hand, there are ongoing health and safety, environment, and security concerns about …
… 2000s, palm oil had become the most heavily traded edible oil in the world. Golden Agri Resources (GAR) has been in the forefront of this palm oil boom in Indonesia. Founded in 1996 … and much of its processing facilities were in Indonesia. By 2009, the expansion of GAR and other companies had made Indonesia the world’s leading exporter of crude palm oil. The palm … guidelines for operating the company without contributing to deforestation. When GAR’s new guidelines were announced in 2011, many observers, including Greenpeace, hailed the …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the design and adoption of … that expanded the Residential Solar Investment Program (RSIP) by creating the Solar Home Renewable Energy Credit (SHREC). The SHREC provides a stable funding structure for an expanded … renewable portfolio standard (RPS) was being predominantly met with out-of-state resources from Maine, New Hampshire, and Vermont, yielding little economic development benefits …
… which combines the features of a green bank and an infrastructure bank, was developed under new political leadership. The recently-elected state treasurer, Seth Magaziner, proposed the … programs for environmental projects in the state. One of these programs is the EBF, a financing program designed to accelerate energy-efficiency and clean-energy upgrades to … walk through the creation of the EBF and some of the factors that have led to its success. Source Center for Business and The Environment at Yale Areas of Focus Sustainable Finance and …
… On February 23, 2007, your investment banking firm receives an urgent call from James D. Marston, Regional Director … Francisco for a negotiating session with the private equity firms seeking to acquire Texas electrical utility TXU, and he needs your immediate feedback. The private equity firms want … be representing them. Marston certainly knows TXU, given EDF's battles over TXU's proposed new coal-fired plants. However, there is much uncertainty in this new opportunity - Marston …
… the end of 2007, the company was the market leader in Asia and had completed projects in fourteen countries across five continents. But many investors believed these first years were … Suzlon in 1995 to avoid having to rely on India’s notoriously unpredictable and expensive electric power grid to power his family’s textile operations. After commissioning two wind … work building Suzlon’s international presence. While Suzlon pursued wind farm projects in markets Pedersen had targeted, the company also made significant acquisitions. In 2006, …
… explosion of climate-related investment opportunities in Europe, Latin America and Asia. A new industry around carbon finance emerged, with firms like Climate Change Capital (CCC) of … World Bank at the end of 2007. Besides the European Market, a number of regional, voluntary markets for carbon allowances formed in the rest of developed world. However, the failure of … and private equity to continue its goal of "creating wealth worth having." In 2010, CCC and other interested parties were trying to figure how the political developments would …
… Harish Hande and the company he founded, SELCO, provide solar electricity for lighting and power to India's poor. For the work of his company, Hande has … the company in 2008. SELCO remained a for-profit business, but Hande was able to seek new investors more aligned with its mission. In addition, Hande was able to keep his sales … that the success of solar installations for the poor would depend on designing creative financing solutions for its customers. Many thought the capital expense of purchasing solar …
… In the early 2000s, the CEO of General Electric (GE), Jeff Immelt, recognized this emerging pattern in public policy and consumer … an environmental business initiative called "ecomagination" in 2005 that was rooted in four commitments: To double investment in clean research and development (R&D) to $1.5 … announced his support of the initiative at an ecomagination launch event in Washington D.C. Other environmental groups - particularly those that had fought GE on environmental legacy …