The Gulf Oil Spill, Financial Engineering and The Law of Unintended Consequences

The financial crisis that was precipitated in 2007 by structured finance (credit default swaps, collateralized debt obligations et al.) parallels the Deepwater Horizon spill in important ways. And indeed, the very first credit default swap was engineered to offset Exxon’s exposure to remediation, fines and legal costs resulting from the …

Climate, Rainforests, Treasuries and Central Banks

There is an important synergy emerging in principle between the London Accord, the World Bank, Central Banks and the Prince of Wales’ Rainforests Project. We recently learned that the World Bank is already working with the Rainforests Project to improve financing and investment opportunities in protected, living rainforests. We encourage …

Reversing the Expansion of Dead Zones in the Gulf of Mexico and Chesapeake Bay

Fund Balance has been examining the Dead Zones occurring in coastal and estuarial zones over the last year. Their magnitude is striking. Their damage to ocean ecosystems, seafood supplies and business is severe. And they are connected to vital food supply economies in the Midwest. Nitrogenous run-off from fertilizer used …

The Blue Economy: Inaction at Doha and the Rise of Dead Zones

This past week, countries meeting in Doha at the United Nations Convention on International Trade in Endangered Species voted down a proposal by Monaco and the United States to ban international trade in Atlantic bluefin tuna. The species, Thunnus Thynnus, is spiraling toward extinction, and is listed as endangered by …

Climate Issues, Sustainability Cross Party Lines

There are more signs recently of the climate crisis, sustainable industry, and ecosystem repair issues crossing party lines and effecting change in Red States and rural areas. Tanya Ott reports from WBHM in Birmingham, Alabama about “tree-hugging conservatives” in Magnolia Springs, the reclamation of a wetlands and a burgeoning eco-tourism …

Articles

Fund Balance articles can be found under the “Articles” tab in the menu at the top of the page. These articles, selected and written by Managing Partner Walter Borden, range over some of the key issues of our time, issues which must be faced and solved using the best our …

HP opens a new energy efficient data center within existing infrastructure

HP has opened a data-center Wynyard, United Kingdom. A so-called Green data-center, it is a retrofit of an overhauled distribution center. This is a great example of how energy efficiency works within basic business balance sheet environments: it can cut costs both through improvement of energy efficiency by utilizing existing …

China outspends major powers in 2010 federal stimulus funding on smart grid projects

We have been covering China’s intensive and substanstial focus on Green Technology, Smart Grids and non-petroleum-based energy sources and supplies here at fund-balance.com since our launch in October 2008. Now that a picture of national stimulus spending is emerging for 2010, its no surprise then to see that China will …

Clean water and air in conflict with greater access to coal and electricity

Over the past few weeks we have seen communities increasingly turn away from unchecked development and new electricity access, especially from coal burning plants, in the name of preserving clean air and water supplies. Even if it means that short-term economic gain may be traded for a greater quality of …

Chinese and Indian policy-makers looking ahead while many in U.S. look to the side

Over the last two weeks, a substantial amount of journalism has covered stories that converge on a basic theme: China and India are planning for a world where a) Green Technology drives economic activity, and b) the need for Energy Technology, however “Green” will conflict with available natural resources and drive rapidly increasing investment outside of their borders, and equal demand for innovation on both sides.

More Ominous Signs from PRC Government, Californian Lakes Warming, Cap and Dividend

My top three stories this from this week. — WB The Chinese Government is moving to restrict and in some cases completely block, supplies of Rare Earth Metals (REEs). These metals, such as Neodymium, are critical to building wind-turbines and ultra-efficient motors. I have heard fearful commentary concering their virtual …