By Valerie Gardner, posted on December 15, 2018, updated December 28, 2018 It is with sudden and stunning sorrow that we find ourselves entering the holiday season without our long-time friend and colleague, Kathy Hughes Anderson. Kathy has very ably and energetically served as our office manager since 2012, keeping our office humming, making it look beautiful, assisting our clients' [...]
By Valerie Gardner Since our founding in 2002, we have seen it as our job to help our clients invest prudently in the market, in order to participate in the overall market growth and returns generated by business. We have always known that our clients will do best if we reduce their unnecessary costs and uncompensated risks, while providing [...]
Dr. Jonathan Tiemann Would it really be possible to replace our existing energy system with renewables? Mark Jacobson, Professor of Civil and Environmental Engineering at Stanford, thinks we can do so by 2050.1 Prof. Jacobson has done an impressive job of synthesizing demographic, economic, and engineering data to develop a formula that seems to show a path toward a fully [...]
By Dr. Jonathan Tiemann This February, a group calling itself the Climate Leadership Council published a paper titled, “The Conservative Case for Carbon Dividends.” The paper’s eight authors constitute sort of a blue-ribbon panel of thoughtful conservatives. They include former senior Republican officials (James A. Baker III, George Schultz, Henry Paulson), prominent economists (Martin Feldstein and N. Gregory Mankiw, who [...]
Despite the well-pronouced and increasingly strident warnings from scientists about the deleterious effects of burning fossil fuels on the environment, there is a surprising amount of "business as usual" going on in corporate America. This makes the news about the way Anne Stausboll, the chief executive of Calpers, addresses climate change all the more impressive. According to an article in [...]
Lore has it, according to Thomas Friedman, that a Chinese emporor was so enthralled with the invention of the game of chess that he offered to fulfill any wish for the inventor. The simple wish: place 1 grain of rice on the first square of the chessboard, then place 2 grains of rice on the second square, 4 grains on the third square, 8 grains on the fourth and continuing doubling the grains across the entire board. The emporer granted the wish happily, only to discover that by the 64th square, he owed his kingdom in rice. Thomas Friedman included this among many brilliant observations and points made in a talk that he gave to Stanford's Precourt Institute last year. His point here being that trends that seem small and insignificat at the outset, can have huge and uncontrolled impacts if they maintain their incremental growth over time. He posits that we are on the second half of the chessboard in the way the markets work, the impacts we are having on Mother Nature and in the operation of Moore's Law on technology.
By Pilita Clark, Financial Times Environment Correspondent [Cross-Posted from the FT.com] BlackRock, the world’s biggest fund manager, has teamed up with London’s FTSE Group to help investors avoid coal, oil and gas companies without putting their money at risk. In a sign that a global campaign against fossil fuels is entering the financial mainstream, companies that extract or explore for [...]