Wednesday, 22 October 2014
Last updated 17 hours ago
Dec 7 2009 | 6:42am ET
On the eve of the UN climate summit in Copenhagen, U.S. Energy and Climate Change Czar Carol Browner told a DC conference that while international agreements are important, domestic climate change legislation is crucial to greater investment in clean technologies.
Speaking at the Innovation Economy Conference in Washington, DC, Browner said:
“We need to give the private sector rules of the road and standards so we can start to see investments. It’s through comprehensive reform that we will send the right signals to investors.”
Browner said companies need to know about new energy consumption rules and carbon reduction targets to manage their businesses, as do entrepreneurs planning to launch new and innovative cleantech ventures.
Browner said that about $80 billion in stimulus funding has been earmarked for green and renewable energy technology, and all programs supported by these funds have been oversubscribed.
“It shows the private sector is willing to make investments, but with the economic conditions and tight capital markets, we need to create an environment where there is a guaranteed return on those investments,” she said. “We haven't quite gotten there yet.”
Browner is the former head of the U.S. Environmental Protection Agency.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...