Crowdfunding update: some states aren’t waiting for the SEC to act

us-equity-crowdfunding-activity-2007-2012

More than a year has passed since President Obama signed the JOBS Act into law, and as we have previously discussed, the SEC has yet to finalize rules that would allow companies to sell shares to unaccredited investors through crowdfunding platforms. The SEC has granted accredited investor platforms (such as AngelList and FundersClub) relief from imposing broker/dealer registration, but all … [Read more...]

Could new energy efficiency policies make it through a divided Congress?

While much attention will be paid to President Obama’s big speech today on his Administration’s plans to address climate change, several bills are being introduced in the Senate pushing for increasing energy efficiency. The President’s current  focus is on measures he can take that do not require an act of an increasingly dysfunctional congress. Among his policy measures are a push for the … [Read more...]

Venture Capital and Cleantech weekly update

Accel, a venture capital firm, announcedthat it has dedicated $100 million for a new investment fund called Big Data Fund 2. The fund is the same size as Accel’s first big data focused fund, which launched with $100 million in November 2011. Accel has recently funded a start-ups focusing on big data, including RelateIQ, Opower, Sumo Logic and Causata. Accel’s Big Data Fund 2 will mark a … [Read more...]

Cleanweb start-up SolarList wins NYC BigApps competition

Just a month after winning the Grand Prize at the NYC Big Apps Cleanweb Hackathon, cleanweb startup firm, SolarList, won the $20,000 prize at New York’s BigApps 2013 event.  Mayor Michael Bloomberg announced the winners during the event’s fourth annual competition this week. The event is designed for software developers and members of the public to create an app that helps solve ‘critical … [Read more...]

IEA warns of unsustainable carbon emissions, recommends immediate policy changes

Yesterday, we reported on a new report from the World Bank that directly ties the Bank’s work on alleviating global poverty with the impacts of climate change. Just last week, the International Energy Agency (IEA) issued a report,  Redrawing the Energy-Climate Map, which warned that global temperatures are on track to rise by more than double the two-degree Celsius (3.6-degree Fahrenheit) warming … [Read more...]

World Bank announces new focus on link between climate change and poverty

With the release of its report, Turn Down the Heat: Climate Extremes, Regional Impacts, and the Case for Resilience, the World Bank announced it will increasingly view its efforts to help developing countries fight poverty through a "climate lens." The report, prepared for the World Bank by the Potsdam Institute for Climate Impact Research and Climate Analytics, uses advanced computer … [Read more...]

Venture Capital and Cleantech weekly update

Silver Lake Kraftwerk, a private equity firm focused on technology investing, has pulled in $675 million in commitments for its first-time fund focused on growth equity investments in resource-efficiency companies and plans to close the fund this month. The firm started raising the fund in 2011, with an anchor investment from Soros Fund Management.   Bloom Energy, a maker of fuel cells, … [Read more...]

Obama increases estimates of climate damage with higher social cost of carbon

In March, we discussed President Obama’s decision to use the National Environmental Policy Act (NEPA) to force federal agencies to consider the impact on global warming before approving major federal projects. Last week, the Administration made a big, yet very quiet announcement that will have major impacts on climate change policy. The social cost of carbon was raised to $38 a metric ton in 2015 … [Read more...]

Venture Capital and Cleantech weekly update

Vigilent, as developer of energy management systems for buildings with “hot” electronic equipment like data centers, has raised an undisclosed amount of VC funding from TELUS Ventures. Vigilent creates management systems for cooling buildings with electronic equipment that gives off a lot of heat such as data centers, telecommunications switches, and large commercial buildings. The backing by … [Read more...]

New Ceres report finds huge investment opportunity in energy efficiency loans

Figure courtesy of Ceres

A new study by investor advocacy group Ceres and its Investor Network on Climate Risk (INCR) says that energy efficiency could be a several hundred billion dollar investment opportunity in the United States if the proper policies are put in place to unlock broad-based financing from institutional investors. The study, Power Factor: Institutional Investors’ Policy Priorities Can Bring Energy … [Read more...]