Thursday, December 29, 2011

Introduction

Green Jouleus is a blog about businesses in the energy and environment sector.  My interest in the energy field stems primarily from concerns of climate change.  Throughout the blog, I will assume that greenhouse gas emissions by people are causing climate change, as determined by the IPCC.

All climate modeling projections involve uncertainty, and I think of investment in climate change mitigation as insurance against uncertain outcomes.  Coral reef bleaching and ocean acidification are catastrophic risks that could disrupt ocean ecosystems and the human food chain.  These risks merit insurance investments on the part of people and governments worldwide.  The threat of climate change will therefore induce long-term business investment in the energy and environment sector.

Any business that works to reduce greenhouse gas emissions is fair game for discussion here, although Green Jouleus will focus on low carbon electricity generation, as my experience is in the North American electricity sector.

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