Portfolio Management Must Become Existentially Conservative | The JEI

Garvin F. Jabusch, Cofounder and Chief Investment Officer of Green Alpha®Advisors, LLC Traditional asset management spends a lot of time worrying about traditional macroeconomic indicators. Slowing Chinese growth. Eurozone GDP. The latest gyrations in gold. And in the short term, these things can and do cause market volatility. Yet history has shown over and again that these and their like present …

Why Aren’t We 100% LED?

JEI Working Paper 6: Why Aren’t We 100% LED?  Mimi Reichenbach Yale University September 2015 LEDs—A 19-Day Payback Period and Part of the Energy Solution Historically, light-emitting diodes (LEDs) and compact fluorescent bulbs (CFLs) have been pitted against the traditional incandescent bulb with the argument that both offer environmental and fiscal benefits through energy savings. It has been difficult for …

Vortex Bladeless: Spanish Start-up Innovates Wind Energy

Mimi Reichenbach 9/16/15 If wind turbines were considered disruptive technology, Vortex Bladeless is set to disrupt the disrupters. This summer, the Madrid-based start-up announced a new wind turbine, the “Vortex.” The Vortex differs dramatically in structure from current turbines. Most notably, it does not have any blades. The turbine instead generates energy from an oscillating effect, perhaps making it more …

Climate and Municipal Bonds

Jordan Sabin Climate bond issuance for 2015 still remains below the USD 100 billion estimate of the Climate Bonds Initiative and, as we are now well into the second half of the year, it seems unlikely that the market will reach such lofty goals. However, issuance is still tracking above the previous year, and the green bond universe continues to …

The PRI Climate Change Strategy Project

With scientific concerns about the effects of carbon emissions settled, asset owners are becoming increasingly interested in understanding what role they can play to help achieve a safe environment for future generations. A new discussion paper from the PRI, Reducing Emissions across the Portfolio, finds that there is a strong case for asset owners to play an effective role in …

How to Expand Access to Clean Energy Financing

Jacob Sandry Imagining futures is a fundamental activity of the human psyche. Apocalyptic blockbusters flood movie theaters every summer, technologists imagine how silicon will next transform our lives (I’m still waiting for my flying car), and political analysts predict how elections might reshape our country. One future that we are realizing nearly as quickly as we imagine it is clean …

The American Grid Revolution

Our latest JEI Working Paper (link to the full paper can be found at the end of the following Executive Summary) features Associate Editor Jordan Sabin on this rising investment opportunity and imperative.   Executive Summary The global climate is quickly changing as the atmosphere reacts to the trillions of tons of carbon dioxide released in the past two centuries. …

Climate Bonds Struggle in Early 2015

Jordan Sabin May 11, 2015   At the beginning of the year, analysts predicted green bonds would enjoy continued growth, and estimated an issuance of USD100 billion in 2015. However, according to the Climate Bonds Initiative, the market has only seen USD11.1 billion worth of bonds issued year to date. This has left many wondering about the staying power of …

Audi’s Blue Crude: Lingering Questions

Mimi Reichenbach 5/7/15 Update from Germany: Carbon dioxide has become an alternative fuel source. On April 21, Audi announced that its partner Sunfire, a German energy-conversion technology developer, had successfully synthesized a batch of “blue crude.” The fuel is derived from carbon dioxide, water, and renewable energy, and can be used as (and mixed with) diesel fuel today. The production …

The ‘Zero Deforestation’ Movement

JEI Working Paper 4 Urs Dieterich Yale University The “Zero Deforestation” Movement: Putting Companies in the Driving Seat Stakeholder opinions and analysis of current concepts and possible ways forward Executive Summary Remarkable dynamics have unfolded in the year 2014 in several aspects of corporate responsibility, climate advocacy, and sustainable investing. Since 2013, the green bonds market has tripled in size, …