Material-Profits

I.Am.Eco: Wind Milestone

Even though General Electric (GE:NYSE) makes most of its profits from its finance business, it's good to hear about the renewable energy side of the company every once in a while. Like this article that talks about GE's 5,000 turbine milestone.

I wrote earlier this year that conglomerates often have more money to invest in alternative energies than smaller companies.

That's why I like these stories. It reminds me that if more businesses contribute to alternative energy, the better off we'll all be.

S.R. Nunnally
Editor, Material Profits
The Taipan Financial News Network

I.Am.Eco: 100 Days of Carbon Clean-Up

I found a unique competition being tracked on Treehugger called 100 Days of Carbon Clean-Up. The competition featured over 500 businesses striving to reduce their carbon emissions by 10% in 100 days.

Pretty inspiring stuff.

The campaign was sponsored by the Chartered Institution of Building Services Engineers, and they've got a ton of information on how you can reduce your own carbon emissions.

On a separate note, my colleague, Ann Sosnowski, sent me an article from Wired Magazine that explores a new type of wind power generator. You can read that here.

Enjoy,

S.R. Nunnally
Editor, Material Profits
The Taipan Financial News Network

I.Am.Eco: How to be Green Classes

I normally check the events on RenewableEnergyAccess.com to see what kind of fun things are happening across the world. I stumbled across some in my own back yard.

The Green Building Institute offers courses on how to be green, and I'll be attending some of them as part of this eco-project.

I'll let you all know how they go.

S.R. Nunnally
Editor, Material Profits
Taipan Financial News Network

I.Am.Eco: Global Warming Investment Trend

A MarketWatch.com article highlights global warming as a growing market for investment opportunities.

The article notes:

"The battle against global warming and the transition from fossil fuels is destined to lead to unprecedented opportunities for capital investment and technical advance.Already, bankers, scientists and politicians are beginning to seize them."

I'd say companies, too. Look at the number of companies who are linking up with renewable energy: Wal-Mart, the Home Depot, GE, BP... There are too many to name.

It's been companies taking the reins, not government - at least here in the U.S.

And for a capitalistic society, that's good news.

S.R. Nunnally
Editor, Material Profits
Taipan Financial News Network