{"id":199,"date":"2012-03-09T18:41:19","date_gmt":"2012-03-09T18:41:19","guid":{"rendered":"http:\/\/blogs.bard.edu\/mba\/?p=199"},"modified":"2012-04-12T16:11:34","modified_gmt":"2012-04-12T16:11:34","slug":"sustainable-business-series-financing-clean-energy","status":"publish","type":"post","link":"https:\/\/blogs.bard.edu\/mba\/2012\/03\/09\/sustainable-business-series-financing-clean-energy\/","title":{"rendered":"Sustainable Business Series\u2014Financing Clean Energy"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"http:\/\/farm8.staticflickr.com\/7044\/6798877878_59b2e57476_m.jpg\" alt=\"\" width=\"240\" height=\"160\" \/>We were back at <a href=\"http:\/\/www.cookplusfox.com\/\">Cook+Fox<\/a>\u00a0for another installment of the Sustainable Business Series on Monday February 27<sup>th<\/sup>, this time on the topic of \u201cFinancing Clean Energy.\u201d To get us started Bob Fox offered words of welcome, and emphasized the importance of the role that business can play in addressing the answer to the problems facing us today.<\/p>\n<p>The night\u2019s program featured two members to the <a href=\"http:\/\/www.bard.edu\/mba\/people\/faculty\">MBA Faculty<\/a>, Peter Fusaro, Chairman at Global Change Associates, and Donald Carlson, Founding Partner at the Forefront Law Group.\u00a0 These two offered multiple years of experience from both the public and private sectors ranging from Wall Street to start ups.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"http:\/\/farm8.staticflickr.com\/7181\/6798877596_cf1ebd4fc3_m.jpg\" alt=\"\" width=\"240\" height=\"160\" \/>Peter started the conversation with the disclaimer: \u201cI\u2019m going to tell you the truth, and it\u2019s not all wonderful.\u201d\u00a0 He warned that we have to create knowledge capital before we can get to economic capital, and that the mainstream media are not making it easy. Green is growing, therefore the transition in the energy sector to more environmentally-friendly technologies takes the time to bring it to scale, citing the long transition of Toyota who sold their millionth Prius only last April, 15 years after it was released.\u00a0 He spent time discussing why the multiple new and more efficient technology choices within the auto industry today are not being purchased our energy-inefficient methods of transportation are so cheap. He sees behavioral change as an answer, which is why he mentors younger generations because \u201cthey will be the sea of change\u201d in the coming years.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"http:\/\/farm8.staticflickr.com\/7039\/6944991551_0edcafbe99_m.jpg\" alt=\"\" width=\"240\" height=\"160\" \/>Don was adamant that technology is the answer to the problems facing us today, the question lies in the economics.\u00a0 He spent time discussing his dislike of subsidies due to the fact that the government has never been able to establish a sufficient and sustainable subsidy policy, and as a result, technology start-ups are left chasing the subsides from state to state.\u00a0 He presented the argument that the government should stop subsidies to all sectors, and instead focus their money in two things that it is good at: basic energy research and buying stuff (directing expenditures to start-ups and renewable energy).<\/p>\n<p>Most of his talk was focused on the importance of identifying the obstacles to renewable energy proliferation, and how to remove them, something that the \u201c<a href=\"http:\/\/creatingclimatewealth.com\/\">Creating Climate Wealth<\/a>\u201d conference tries to do every year in DC.<\/p>\n<p>Both Peter and Don expressed expectations that there will be dramatic changes in the next 15 years that will propel this story to the top. At the moment it\u2019s all about transitioning to scale the technological answers, and integrating them into our business practices.\u00a0 All wise words that left the crowd excited at the end of the night.<\/p>\n<p>Next week the series continues with \u201c<a href=\"http:\/\/blogs.bard.edu\/mba\/2012\/03\/09\/sustainable-business-series-a-conversation-with-hunter-lovins-part-1\/\">A conversation with Hunter Lovins<\/a>,\u201d co-sponsored by <a href=\"http:\/\/www.wnsf.org\/\">WNSF<\/a>.\u00a0 It should be another great event so hope to see you there!<\/p>\n<p>&#8211;Melissa Provinsal, <a href=\"http:\/\/www.bard.edu\/cep\/\">CEP<\/a>\u201912<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We were back at Cook+Fox\u00a0for another installment of the Sustainable Business Series on Monday February 27th, this time on the topic of [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,1],"tags":[23,13,10,8,48,31,47],"class_list":["post-199","post","type-post","status-publish","format-standard","hentry","category-events","category-stories","tag-clean-energy","tag-climate-change","tag-events-2","tag-finance","tag-mba-faculty","tag-sustainable-business-series","tag-sustainable-finance"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/posts\/199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/comments?post=199"}],"version-history":[{"count":7,"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/posts\/199\/revisions"}],"predecessor-version":[{"id":238,"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/posts\/199\/revisions\/238"}],"wp:attachment":[{"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/media?parent=199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/categories?post=199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bard.edu\/mba\/wp-json\/wp\/v2\/tags?post=199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}