Tag Archive for energy conservation

Nuclear Power Pull Out by Toshiba; A Proof that we need to be careful what we wish for.

With Toshiba/Westinghouse pulling out of the nuclear power plant market, we see further proof about the economic failure of this mode of power generation. To be sure, there are a number of factors that contributed to this event, from Fukushima to regulations as they are applied in the U.S.

This is not about reducing regulatory standards. But the pull out may trigger the law of unintended consequences.

As noted, in the U.S., nuclear power plants must meet stringent safety standards. This is clearly a good thing.

These standards are effectively exported by the large companies that design and build such plants in the U.S. But with this pull out, state owned plants and companies (clearly a bad idea) can and may very well lower their standards for safety in certain parts of the world. That is clearly a bad thing.

Any ideas?

Read the full article:
The Murky Future of Nuclear Power in the United States
Limited free access; NY Times subscription may be required.

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Hottest Year on Record. What does it Mean?

We have now posted three of the hottest years on record in direct sequence. Ok, so what does this mean?

hottest year on record

The data is so overwhelming that the arguments of those attached at the hip to old technology and fuel sources seem determined to live in denial. The impact that this line of thinking will have on people around the world is being demonstrated each time a major weather event takes place.

I may be redundant with this blog, but read the attached. The data is overwhelming.

Read the full article:
How 2016 Became Earth’s Hottest Year on Record
Limited free access; NY Times subscription may be required.

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Wine and Warming…an Interesting Business Model

water consumptionAs the climate continues to change, and places that were wet become dry and places that were cool become warm, it is commonly accepted by any literate person that agricultural practices will need to change. At least one winery has recognized these changes and has made significant progress in reducing water consumption, using renewable energy and the best of all in my mind, re-instituting agricultural practices from times gone by that both replenish the soil and conserve water.

As noted in the Times, the Kendall-Jackson Winery in California has recognized that climate change is a threat to their livelihood and made changes in their agricultural practices to combat this treat. What impressed me most of all is the simplest of changes…moves to reduce water consumption and the use of compost to improve the soil.

This winery offers a good model on how to maintain a business in stressful times. Kudos…and Congratulations on forward thinking.

Those who fail to adapt are doomed to perish…

Read the full article:
Falcons, Drones, Data: A Winery Battles Climate Change
Limited free access; NY Times subscription may be required.

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Investors May be Able to Fend Off Government Actions under the President Elect

Sometimes government is not able to undo the future. At least that is the hope that I find in the attached articles about investing and the environment.

governmentNotwithstanding the fact that it appears our environmental laws will be under the greatest assault since Reagan was President, I am hopeful that the tide has already turned and ESG (Environmental Social and Corporate Governance) investing is creating a market where the dinosaurs coming into government are already on the road to extinction.

What is most interesting is the large number of countries that are pushing this issue…especially on climate change, and more recently and importantly, the number of companies being evaluated against the ESG standard by third party organizations such as MSCI. An even more hopeful indicator is the performance of the funds and stocks that are being evaluated.

So, as we enter a new year, I am hopeful that the dinosaurs will continue on their path to extinction and that those of us who are trying to effect change will be able to do so using the market forces that seem to be in motion.

Read the full articles:
Investors Sharpen Focus on Social and Environmental Risks to Stocks
Tell Investors of Climate Risks, Energy Sector Is Urged
Limited free access; NY Times subscription may be required.

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