Microsoft’s announcement yesterday that it had signed a 20-year agreement to buy all of the 110 megawatt Keechi wind farm’s electricity production marks a big step for the company in going “carbon neutral” through the purchase of wind and solar power. Its rival Google is way ahead, having invested more than $1 billion in wind and… Keep reading →
The energy finance community has been eagerly anticipating the introduction of solar asset-backed securities – “solar securitization,” – for at least three years, and may be waiting for another year or more. But sooner or later, securitization is coming to solar finance, and when it does, it will have a profound impact on the pace… Keep reading →
There is no shortage of small ways in which individuals can take action against climate change. What is lacking, at least thus far, is a solution equal to the scale of the challenge, according to World Bank President Jim Yong Kim. The World Bank is seeking to incorporate efforts to tackle climate change into its… Keep reading →
The US military’s efforts to reduce dependence on fossil fuels may help to advance emerging energy technologies by providing them with coveted assets, such as financial backing and testing opportunities. But there is no guarantee that these technologies, as applied to military-specific conditions, will be commercial successes in a civilian context. The Department of Defense holds an… Keep reading →
Governments of resource-rich countries commonly fill their coffers via royalties, taxes and other fiscal mechanisms that allow them to benefit from their national endowments. But while a well-designed fiscal regime can benefit both producers and residents, excessive government take can force producers to look elsewhere for returns, stifling investment. When governments establish fiscal terms for… Keep reading →
