Category Archives: investments

These are ethical “AI Principles” from Google, but they might as well be `technological principles’

This is entirely adapted from this link, courtesy of Google and Alphabet. Objectives Be socially beneficial. Avoid creating or reinforcing unfair bias. Be built and tested for safety. Be accountable to people. Incorporate privacy design principles. Uphold high standards of … Continue reading

Posted in American Statistical Association, artificial intelligence, basic research, Bayesian, Boston Ethical Society, complex systems, computation, corporate citizenship, corporate responsibility, deep recurrent neural networks, emergent organization, ethical ideals, ethics, extended producer responsibility, friends and colleagues, Google, Google Pixel 2, humanism, investments, machine learning, mathematics, moral leadership, natural philosophy, politics, risk, science, secularism, technology, The Demon Haunted World, the right to know, Unitarian Universalism, UU, UU Humanists

This flooding can’t be stopped. What about the rest?

Tamino is writing about this subject, too. That entirely makes complete sense as it is the biggest geophysical and environmental story out there right now. I’ve included an update at this post’s end discussing the possible economic impacts. It’s been … Continue reading

Posted in adaptation, Antarctica, Anthropocene, bridge to nowhere, Carbon Worshipers, citizenship, civilization, climate, climate change, climate disruption, climate economics, climate justice, coastal communities, coastal investment risks, coasts, Commonwealth of Massachusetts, corporate litigation on damage from fossil fuel emissions, corporate responsibility, Cult of Carbon, environment, Eric Rignot, flooding, floods, glaciers, glaciology, global warming, greenhouse gases, hydrology, Hyper Anthropocene, ice sheet dynamics, icesheets, investing, investments, John Englander, living shorelines, Massachusetts, New England, real estate values, rights of the inhabitants of the Commonwealth, Robert M DeConto, Scituate, sea level rise, seawalls, shorelines, Stefan Rahmstorf, the right to be and act stupid, the right to know, the tragedy of our present civilization, wishful environmentalism, ``The tide is risin'/And so are we''

“The path to US$0.015/kWh solar power, and lower” (PV Magazine and GTM Research)

The headline and a page with lots of graphics and associated worksheets come from this PV Magazine article. The underpinning assessment is from GTM Research and their report Trends in Solar Technology and System Prices. Recall that Natural Gas Combined … Continue reading

Posted in American Solar Energy Society, Bloomberg New Energy Finance, BNEF, bridge to somewhere, clean disruption, CleanTechnica, decentralized electric power generation, decentralized energy, demand-side solutions, distributed generation, electricity, electricity markets, fossil fuel divestment, green tech, Green Tech Media, investing, investment in wind and solar energy, investments, ISO-NE, local generation, local self reliance, marginal energy sources, microgrids, natural gas, solar democracy, solar domination, solar energy, solar power, Sonnen community, stranded assets, the energy of the people, the green century, utility company death spiral, wind energy, wind power, zero carbon

What gives me hope … And it ain’t the small stuff

AS Arman Oganisian of Stable Markets writes “There are no solutions, only trade-offs.” That is a fundamentally engineering attitude. It is fundamentally about the economics, and, in particular, the dramatic drop in levelized cost of energy for wind and renewables, … Continue reading

Posted in Anthropocene, being carbon dioxide, biology, bridge to somewhere, Carbon Cycle, carbon dioxide, Carbon Worshipers, clean disruption, climate business, climate change, climate disruption, climate economics, climate justice, corporate litigation on damage from fossil fuel emissions, Cult of Carbon, decentralized electric power generation, decentralized energy, destructive economic development, disruption, distributed generation, ecological services, ecology, Ecology Action, economic trade, economics, engineering, environment, fossil fuel divestment, fossil fuels, global warming, Green Tech Media, greenhouse gases, grid defection, Humans have a lot to answer for, Hyper Anthropocene, investing, investment in wind and solar energy, investments, leaving fossil fuels in the ground, local generation, local self reliance, Sankey diagram, smart data, solar democracy, solar domination, solar energy, solar power, Sonnen community, the energy of the people, the green century, the tragedy of our present civilization, the value of financial assets, tragedy of the horizon, wind energy, wind power, wishful environmentalism, zero carbon

“Eon and RWE just killed the utility as we know it”

The story’s at Bloomberg.

Posted in Bloomberg, Bloomberg New Energy Finance, bridge to somewhere, Buckminster Fuller, business, CleanTechnica, decentralized electric power generation, decentralized energy, demand-side solutions, economics, EIA, electricity, electricity markets, energy utilities, grid defection, investing, investment in wind and solar energy, investments, Joseph Schumpeter, local generation, local self reliance, marginal energy sources, microgrids, nonlinear systems, regulatory capture, risk, Sankey diagram, solar democracy, solar domination, solar power, stranded assets, supply chains, sustainability, the energy of the people, the green century, the value of financial assets, tragedy of the horizon, unreason, utility company death spiral, wind energy, wind power

“Carbon emissions and climate: Where do we stand, and what can be done if it all goes wrong?”

On Sunday, 11th February 2018, I presented an Abstract of a 3 hour talk on the subject, “Carbon emissions and climate: Where do we stand, and what can be done if it all goes wrong?” at the Needham Lyceum, hosted … Continue reading

Posted in Anthropocene, being carbon dioxide, Carbon Cycle, carbon dioxide, carbon dioxide capture, carbon dioxide sequestration, Carbon Tax, civilization, clear air capture of carbon dioxide, climate, climate change, climate disruption, COP21, Cult of Carbon, differential equations, dynamical systems, ecology, emissions, environment, exponential growth, fossil fuel divestment, fossil fuel infrastructure, fossil fuels, geoengineering, geophysics, Glen Peters, Global Carbon Project, global warming, greenhouse gases, Humans have a lot to answer for, Hyper Anthropocene, investments, James Hansen, Kerry Emanuel, liberal climate deniers, Mark Carney, Michael Bloomberg, Minsky moment, mitigation, nonlinear, nonlinear systems, oceanography, phytoplankton, population biology, population dynamics, precipitation, Principles of Planetary Climate, quantitative biology, quantitative ecology, radiative forcing, rationality, Ray Pierrehumbert, risk, sea level rise, sociology, stranded assets, supply chains, sustainability, T'kun Olam, the right to be and act stupid, the right to know, the tragedy of our present civilization, the value of financial assets, thermohaline circulation, tragedy of the horizon, unreason, UU, UU Needham, Wally Broecker, zero carbon

on nonlinear dynamics of hordes of people

I spent a bit of last week at a symposium honoring the work of Charney and Lorenz in fluid dynamics. I am no serious student of fluid dynamics. I have a friend, Klaus, an engineer, who is, and makes a … Continue reading

Posted in Anthropocene, bifurcations, biology, Carl Safina, causation, complex systems, dynamic generalized linear models, dynamic linear models, dynamical systems, ecological services, ecology, Emily Shuckburgh, finance, Floris Takens, fluid dynamics, fluid eddies, games of chance, Hyper Anthropocene, investments, Lenny Smith, Lorenz, nonlinear, numerical algorithms, numerical analysis, politics, population biology, population dynamics, prediction markets, Principles of Planetary Climate, public transport, Ray Pierrehumbert, risk, sampling networks, sustainability, Timothy Lenton, Yale University Statistics Department, zero carbon, ``The tide is risin'/And so are we'' | 1 Comment

Klaus Lackner: brilliant mind with a good idea

Wally Broecker‘s “hat tip” of Lackner’s work:

Posted in Anthropocene, carbon dioxide, clean disruption, clear air capture of carbon dioxide, climate disruption, climate economics, climate justice, economics, emissions, evidence, fossil fuel divestment, global warming, greenhouse gases, Hyper Anthropocene, investment in wind and solar energy, investments, klaus lackner, leaving fossil fuels in the ground, Spaceship Earth, zero carbon | 1 Comment

What are the odds of net zero?

What’s the Question? A question was posed by a colleague a couple of months ago: What are the odds of a stock closing at the same price it opened? I found the question interesting, because, at first, it appeared to … Continue reading

Posted in dependent data, evidence, financial series, investing, investments, model-free forecasting, numerical algorithms, state-space models, statistics, time series, trading

`Insurance companies should collect a carbon levy`

From Anthony J Webster and Richard H Clarke in Nature, “Insurance companies should collect a carbon levy”: Governments juggle too many interests to drive global action on climate change. But the insurance industry is ideally placed. With annual premiums amounting … Continue reading

Posted in American Statistical Association, Anthropocene, attribution, Bloomberg New Energy Finance, bridge to somewhere, business, capitalism, Carbon Tax, climate business, climate economics, corporate litigation on damage from fossil fuel emissions, corporations, Cult of Carbon, economics, energy levy, finance, fossil fuel divestment, fossil fuels, global warming, Hyper Anthropocene, insurance, investments, Joseph Schumpeter, leaving fossil fuels in the ground, moral leadership, statistics, stranded assets, sustainability, the right to know, the value of financial assets, tragedy of the horizon, transparency, zero carbon

Schroders asset management forecasts global warming of more than +4℃

(Updated Thursday, 27 July 2017) Schroders is a global asset management firm. They very recently issued a warning that current global trends put the planet on track for more than +4℃ warming. The full news brief, from them, is available … Continue reading

Posted in adaptation, Anthropocene, Buckminster Fuller, climate business, climate disruption, climate economics, corporate litigation on damage from fossil fuel emissions, corporate supply chains, disingenuity, dynamical systems, economics, environmental law, forecasting, fossil fuel divestment, fossil fuel infrastructure, global blinding, global warming, Hyper Anthropocene, investing, investments, leaving fossil fuels in the ground, Schroders, sea level rise, Spaceship Earth, sustainability, temporal myopia, the right to be and act stupid, the show, the tragedy of our present civilization, the value of financial assets, tragedy of the horizon, zero carbon | 1 Comment

Defying technology, trends … nay, defying Mathematics!

The creatures from Trumpland are planning an Energy Week in the upcoming, probably to lead up to the Fourth of July celebrations. Our Orange Leader … will tout surging U.S. exports of oil and natural gas during a week of … Continue reading

Posted in American Petroleum Institute, American Solar Energy Society, Anthropocene, being carbon dioxide, Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to nowhere, bridge to somewhere, carbon dioxide, Carbon Worshipers, clean disruption, climate business, climate economics, corporate litigation on damage from fossil fuel emissions, corporations, destructive economic development, Donald Trump, economics, electricity markets, energy, energy utilities, evidence, explosive methane, exponential growth, extended supply chains, false advertising, FERC, fossil fuel divestment, fossil fuel infrastructure, fossil fuels, fracking, global blinding, greenhouse gases, Humans have a lot to answer for, Hyper Anthropocene, investing, investment in wind and solar energy, investments, Joseph Schumpeter, leaving fossil fuels in the ground, military inferiority, Minsky moment, pipelines, politics, pollution, rights of the inhabitants of the Commonwealth, risk, solar democracy, solar domination, solar energy, solar power, the energy of the people, the green century, the problem of evil, the right to be and act stupid, the stack of lies, the tragedy of our present civilization, the value of financial assets, tragedy of the horizon, United States, utility company death spiral, wind energy, wind power

`Exxon Shareholders Approve Climate Resolution: 62% Vote for Disclosure’

Flash from InsideClimate News: ExxonMobil shareholders voted Wednesday to require the world’s largest oil and gas company to report on the impacts of climate change to its business—defying management, and marking a milestone in a 28-year effort by activist investors. … Continue reading

Posted in Anthropocene, Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to nowhere, business, capitalism, Carbon Worshipers, clean disruption, climate, climate business, climate change, climate disruption, climate economics, corporations, destructive economic development, environmental law, extended supply chains, Exxon, fossil fuel divestment, fossil fuel infrastructure, fossil fuels, Global Carbon Project, global warming, greenhouse gases, Hyper Anthropocene, investing, investments, Joseph Schumpeter, leaving fossil fuels in the ground, making money, Our Children's Trust, petroleum, pollution, rationality, reason, reasonableness, statistics, stranded assets, sustainability, the right to know, the tragedy of our present civilization, the value of financial assets, tragedy of the horizon, zero carbon

Massachusetts Senate, Climate and Clean Energy Tour (Senator Marc Pacheco, and others), testimony

I testified at the Weymouth, Massachusetts hearing for the MA Senate Climate and Clean Energy Tour. Here’s Senator Marc R Pacheco introducing the Tour: The Weymouth hearing was recorded and is available on YouTube in three parts: https://www.youtube.com/watch?v=M3EHAp9Hjf8 https://www.youtube.com/watch?v=OP5buad0nFQ https://www.youtube.com/watch?v=Dy5TNyx5VdwContinue reading

Posted in adaptation, American Association for the Advancement of Science, American Meteorological Association, American Solar Energy Society, Anthropocene, being carbon dioxide, Bloomberg New Energy Finance, BNEF, bridge to somewhere, citizenship, clean disruption, climate disruption, climate economics, climate justice, Constitution of the Commonwealth of Massachusetts, decentralized electric power generation, destructive economic development, Ecology Action, global blinding, Global Carbon Project, global warming, greenhouse gases, Hermann Scheer, Hyper Anthropocene, investment in wind and solar energy, investments, John Farrell, Joseph Schumpeter, Mark Carney, Mark Jacobson, Massachusetts, Massachusetts Clean Energy Center, Massachusetts Interfaith Coalition for Climate Action, science, solar democracy, solar domination, solar energy, solar power, Spaceship Earth, the energy of the people, the green century, the value of financial assets, Tony Seba, tragedy of the horizon, wind energy, wind power, zero carbon

“The [transport-as-a-service] disruption will crater the value chain of the oil industry” (RethinkX)

… By 2030, the report predicts that oil demand will drop to 70 million barrels per day. The resulting collapse in prices will be catastrophic for the industry, and these effects are likely to be felt as early as 2021. … Continue reading

Posted in American Petroleum Institute, Bloomberg New Energy Finance, BNEF, bridge to somewhere, Buckminster Fuller, capitalism, clean disruption, CleanTechnica, climate business, decentralized energy, destructive economic development, economics, efficiency, fossil fuel divestment, green tech, ILSR, investments, John Farrell, leaving fossil fuels in the ground, local self reliance, making money, Mark Jacobson, Massachusetts Clean Energy Center, public transport, public utility commissions, rationality, reason, stranded assets, sustainability, the energy of the people, the green century, the value of financial assets, Tony Seba, zero carbon

Investing, and Sharpe’s inequality

See the statement from Sharpe himself. Hat tip to Matt Levine of Bloomberg.

Posted in investments, statistics | 2 Comments