Green Options » green investments

Is Your Money Safe Where It Is? What About Green Stocks?

Reenita Malhotra — Tue, 30 Sep 2008 05:43:45 +0000

Everyone is petrified of losing money in this crazy whirlwind of stock market yo-yo-ing lately. The fall of Lehman brothers has offset a downward spiral not just for financial stocks, but for stocks in general. The Dow Jones dropped 777 points today, creating a historical record.

The good news is that according to Ron Lieber, NYTimes money guru, some investments might just be safe. “Banks like HSBC Direct and Capital One are offering online savings accounts paying more than 3 percent,” says Lieber. “These accounts have all the normal Federal Deposit Insurance Corporation protections of at least $100,000. Also, the Treasury Department is currently insuring investors who had holdings in money market mutual funds as of Sept. 19, as long as the fund company pays to participate.” (NYTimes.com: Your Money, September 29 2008)

Bill Gates invests in The Great Green Hope - Algae Fuel

Adam Shake — Thu, 18 Sep 2008 15:29:07 +0000

Editor’s Note: This is a guest contribution from Adam Shake.

Bill Gates has his hands in the green again, but this time, it’s algae. His Investment Firm, Cascades Investments LLC, along with the Rockefeller family’s venture capital firm Venrock, the WellcomeTrust, and Arch Venture Partners have invested a total of 100 million dollars in Sapphire Energy.

Sapphire Energy, a San Diego based company that launched in May of 2007, says that it’s goal “is to be the world’s leading producer of renewable petrochemical products.” The companies website goes on to say “Critically important, there is no ‘food vs. fuel’ tradeoff. The process is not dependent on crops or valuable farmland. It is highly water efficient, delivering 10 to 100 times more energy per acre than cropland biofuels.”

According to the Wall Street Journal, “Sapphire is working towards a 10,000-barrel-a-day algae-based oil facility, and can now concentrate on production and engineering problems. Meanwhile, Gates’s involvement may signal a broader interest in alternative biofuels.”

Renewable Energy Increases Home Values

Carol Gulyas — Sun, 04 May 2008 16:14:08 +0000

BuildingGreen.com features a story on the value that renewable energy can add to a home. Amy Levin, a realtor who completed a LEED platinum registered gut rehab in Washington, DC, had her home appraised at 10% higher value than comparable properties. Interested buyers made offers that exceeded her green investment costs, even though the house wasn’t listed. People wanted to rent her house, even though she built it for her own residence.

The solar panels on the roof heat the water (and they seem positioned to shade the air conditioner, another energy-saver). An article in Kiplinger.com summarizes “sunshine economics”: