Liebreich: A Large Number of Small Steps Can a Low-Carbon Revolution Make
By Michael Liebreich Chief Executive Bloomberg New Energy Finance The third Bloomberg New Energy Finance Summit, which took place this month, was a great opportunity to take a step back from day-to-day concerns, consider how much progress the clean energy sector has made in the last decade, and reflect on where it is likely to be in 10 years’ time. The next 10 years take us to 2020 – a milestone year, heavily festooned with policy goals around the world.
McCrone: Will Clean Energy Ever Get its own Megacap Stocks?
By Angus McCrone Chief Editor Bloomberg New Energy Finance Take Apple, Intel and Microsoft. Or Cisco, Google and Amazon. Or China Mobile, Vodafone, and NTT DoCoMo. Whenever a young, fast growing sector comes of age, it spawns a handful of giant global companies that becomes staples in the portfolio of the general investor. Sounds sensible […]
McCrone: Will Clean Energy Ever Get its own Megacap Stocks?
By Angus McCrone Chief Editor Bloomberg New Energy Finance Take Apple, Intel and Microsoft. Or Cisco, Google and Amazon. Or China Mobile, Vodafone, and NTT DoCoMo. Whenever a young, fast growing sector comes of age, it spawns a handful of giant global companies that becomes staples in the portfolio of the general investor.
Liebreich: A Goldilocks Year for Clean Energy: Not Too Hot, Not Too Cold? Our 10 Predictions for 2010
By Michael Liebreich Chief Executive Bloomberg New Energy Finance So here we are in 2010. Last year finished with the disappointment of the much-hyped COP 15 meeting in Copenhagen, but we should not forget that we have seen a period of huge accomplishments for the clean energy industry. Here are my favourite milestones from the […]
VIP Comment: A Goldilocks Year for Clean Energy: Our 10 Predictions for 2010
By Michael Liebreich Chief Executive Bloomberg New Energy Finance So here we are in 2010. Last year finished with the disappointment of the much-hyped COP 15 meeting in Copenhagen, but we should not forget that we have seen a period of huge accomplishments for the clean energy industry. Here are my favourite milestones from the last decade: 1. World renewable energy generating capacity exceeds 280GW and outstrips the IEA’s 2003 forecast for 2020, by 2009; 2. The EU generates over 15% of its electricity from renewable sources, with Spain, Germany and Denmark leading the world (excluding hydro power); 3. Dramatic falls in the cost of all clean energy technologies, bringing many of them within spitting distance of fossil-based power; 4. Solar power becomes cheaper than kerosene and diesel for rural electrification, as witnessed by the success of Grameen Shakti, Selco and others; 5. Over half of the light-vehicle transportation fuel needs of Brazil, the world’s eighth largest economy, are met by biofuels; 6. Hybrid cars are commonplace on our streets, opening the way to the electrification of transportation; 7. The world’s first fully functioning large-scale carbon market, the EU-ETS, is successfully set up and has a measurable impact in reducing emissions; 8. Investment in clean energy grows by a factor of 10, to around $150bn per annum; 9. Investment in renewable generating capacity for the first time outstrips fossil fuel and nuclear generating capacity combined; 10. First Solar becomes the first clean energy company to break into the S 500.
Liebreich: Clean Energy’s Though Year – What We Got Right and What We Got Wrong
By Michael Liebreich Chairman and CEO New Energy Finance This is the final VIP Brief of 2009, when we get to look back at the events of the last year. Fresh in As I write this, the world is picking through the wreckage of Copenhagen, looking for something to salvage from the debris. The “Copenhagen […]
Liebreich: Clean Energy’s Though Year – What We Got Right and What We Got Wrong
By Michael Liebreich Chairman and CEO New Energy Finance This is the final VIP Brief of 2009, when we get to look back at the events of the last year.
Liebreich: Copenhagen Is Dead – Long Live Copenhagen
By Michael Liebreich Chairman and CEO New Energy Finance Last month, speaking of December’s COP 15 negotiations in Copenhagen, UK Prime Minister Gordon Brown said we had 50 days to save the world and “no Plan B”. At the recent UN Climate Summit in New York, the talk was of urging politicians to Seal the […]
Liebreich: Copenhagen Is Dead – Long Live Copenhagen
By Michael Liebreich Chairman and CEO New Energy Finance Last month, speaking of December’s COP 15 negotiations in Copenhagen, UK Prime Minister Gordon Brown said we had 50 days to save the world and “no Plan B”. At the recent UN Climate Summit in New York, the talk was of urging politicians to Seal the Deal. But now it is official – there is no Deal to Seal. Although there may be a “politically binding” deal, the world will have to stay legally unsaved – at least for the time being.
Liebreich: Inflation, Deflation and the Implications for Clean Energy
By Michael Liebreich Chairman and CEO New Energy Finance As investors around the world in all sectors – not just clean energy and carbon – try to work out how to play the recovery, they are facing their deepest quandary for decades. Will “quantitative easing”, near-zero interest rates and spiralling government deficits result in a […]