Resources

articlesynopsis

Emissions Software—Are We Ready?

21 December, 2009

by Ph.D.

UtiliPoint IssueAlert

Greenhouse gas emissions have been receiving a lot of attention recently. Last week, President Barack Obama traveled to the Climate Change Conference in Copenhagen and pledged a 17 percent reduction in U.S. greenhouse gas emissions by 2020. Meanwhile, other initiatives have taken place both within the US and in other regions of the world. At this time, despite continued uncertainties, we may well stand on the precipice of an era in which carbon becomes a globally traded commodity and in which companies, particularly energy companies, are forced to monitor, track, report and reduce their GHG and other emissions.

New Markets for the Green Financial EcoSystem

24 July, 2009

by Peter Fusaro and Michael Van Patten

UtiliPoint IssueAlert

While the focus today is on greenhouse gas reductions, there are many more emerging and maturing environmental financial markets that are often overlooked by investors. We believe that the new compliance driven EPA and other federal regulatory agencies will actually unlock the value of other environmental financial markets and represent new opportunities for investors to protect the environment. It is important that as business metrics begin to permeate socially responsible investment it will make increased sense by non-profits to start considering market-driven solutions, not only to do good but also to continue their own financial sustainability in today's new economic environment.

Students Attend Peter Fusaro's Green Trading Summit on Wall Street

2 July, 2009

by Devon Treece

Erb Elements

Given our expressed interest in learning more about environmental markets, Peter Fusaro, Erb Institute External Advisory Board member and Chairman of Global Change Associates, invited Erb students to attend the Wall Street Green Trading Summit (WSGTS) which he has organized for the past eight years. Peter is well networked in this space, and a quick browse through the program revealed a Who's Who of people active in environmental markets. We knew this would be a conference like no other.

Trading water

26 June, 2009

Synthetic Transfer of Risk Markets

Investment in water rights is being promoted as a way to combat the effects of climate change on water supplies. While this could lead to a fully-fledged global trading market, successful investment in water rights will require deep domain expertise. Until now, most of the debate and action on climate change has focused on emissions and the need to reduce carbon footprints. Recently, however, market players are beginning to consider the affect global warming is having on water. As water conditions shift globally, individuals, industry and the public sector are being encouraged to look at ways to reduce their ‘water footprints’. However, for some, water is not just a precious resource, but a valuable commodity to be traded on the financial markets.

Managing The Water Footprint: The Next Financial Market

12 June, 2009

by Peter Fusaro and William S. Brennan

UtilliPoint Issue Alert

By now we have all heard of the “Carbon Footprint,” and how it impacts our planet. Five years ago, the expression would have elicited blank stares. Today, one cannot pick up a newspaper or peruse the Internet without seeing article after article from around the globe focusing on how the Carbon Footprint is destroying our planet. We believe the general public is about to embrace another footprint that will impact almost every aspect of their lives, the Water Footprint. In commodity markets, many think that water is the next carbon market.

Why Has Environmental Market Development Been So Slow?

15 May, 2009

UtilliPoint Issue Alert

My last IssueAlert article focused on the framework needed to create the Green Financial Markets. What troubles me today is how slow this process has been, given the urgency of the situation. It can be argued that the public policy process is always slow and riskaverse, but I am actually looking back at 19 years of incremental change at best. I was recently interviewed by the Congressional Research Service regarding which agencies should regulate cap and trade. I argued that it should not fall under FERC jurisdiction because FERC has no experience in environmental financial markets. The following day I was interviewed by the Wall Street Journal on carbon market developments in the United States and abroad. This is their first coverage by the journal of this sector as a commodity.

Peter Fusaro Selected for Open Carbon World Business Advisory Board

21 April, 2009

Misys Open Source Solutions

NEW YORK, N.Y. -- (April 21, 2009) – Misys Open Source Solutions, a division of Misys plc (FTSE:MSY.L), today announced the Business Advisory Board members for OpenCarbonWorld.com (OCW), the company’s carbon planning and information portal designed to help organizations establish clear policies towards reducing greenhouse gas (GHG) emissions. The Business Advisory Board (BAB) includes: Charles Scott, Intel Corporation Donal McGranaghan, Asset Control Gavin Starks, AMEE Howard Siegel, Brown Rudnick LLP John Shinn, Chevron Corporation Margie Flynn, BrownFlynn Mark Green, TeraVista Systems Peter Fusaro, Global Change Associates, Inc.

The New Green Financial Ecosystem

17 April, 2009

UtilliPoint Issue Alert

Change is accelerating in the green space. The United States, and, later, the global economy are being restructured into greener and more efficient economic structures. While these changes are driven by higher energy prices and better technologies, the primary driver is government. Since government has intervened into the economy and become more activist, we are seeing an accelerating trend line for the regulatory policy framework that will drive green faster and farther than many observers and industry analysts realize.