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Fossil Fuel Divestment Gaining Momentum
/in Fossil Fuel Divestment, Renewable Energy, Sustainable Investing/by Pete KrullRecently, the Norwegian Government Pension Fund Global, the world’s largest sovereign wealth fund, announced that it would be selling shares of Duke Energy and other coal-burning utilities from it’s portfolio. Why is this important? Because the pension fund is one of Duke’s largest shareholders, holding around 0.76 percent of the company’s outstanding shares.… Read the rest
Washington Advocacy Trip: Part 3
/in Renewable Energy, Responsible Business/by Pete KrullSometimes you have to meet where you have to meet. Representative Beyer of Virginia is one of the new kids on the block. Because of that, his office space is limited. So, when we met with his staff on Wednesday, our meeting room doubled as a storage locker.… Read the rest
Washington Advocacy Trip: Part 2
/in Renewable Energy, Responsible Business/by Pete KrullYou learn a lot about the political process by walking the halls of Congress. Not much goes on in the chambers, but much goes on in the offices and halls of the Senate & House office buildings.
We started off our Tuesday morning meeting with Peter Rogoff, Undersecretary of Transportation.… Read the rest
Washington Advocacy Trip: Part 1
/in Renewable Energy, Responsible Business/by Pete KrullI arrived in Washington DC last week to join 20 other business leaders as part of E2 (Environmental Entrepreneurs) advocacy week. This was a very dynamic and accomplished group and I was honored to be a part it.
They broke us up into teams and again, I was amazed at the quality of individuals they had assembled.… Read the rest
Preparing to Meet Lawmakers
/in Renewable Energy, Responsible Business/by Pete KrullMelissa and I arrived safe and sound in DC this morning. I’m very much looking forward to heading to Capital Hill tomorrow morning with my colleagues from E2 (Environmental Entrepreneurs).
We are divided up into several groups. My group will include two other green entrepreneurs and a retired General.… Read the rest
Mr. Krull Goes to Washington
/in Renewable Energy, Responsible Business/by Pete KrullI am looking forward to heading to Washington, DC on April 27th as part of a coalition of environmental-based entrepreneurs meeting with lawmakers and administration officials. The trip is being organized by E2, Environmental Entrepreneurs, a non-partisan community of business leaders who promote sound environmental policy that builds economic prosperity.… Read the rest
Duke Energy Misses an Opportunity to Do the Right Thing
/in Renewable Energy, Responsible Business/by Pete Krull60 Minutes aired an investigative segment on Duke Energy and their Dan River coal ash spill. Leslie Stahl did a very good job of asking tough questions, but gave Duke CEO Lynn Good more than enough opportunities to be proactive and change the direction of the company.… Read the rest
Thoughts on Low Oil Prices
/in Renewable Energy, Responsible Business, Sustainable Investing/by Pete KrullWe’ve seen a precipitous decline in the price of oil over the past several months. Market analysts and economists have been chiming in with their opinions on the effects. Here is ours based on our socially & environmentally responsible strategies…
First and foremost we see low oil prices as a tremendous threat to the environmentally unfriendly practice of fracking and even worse, tar sands.… Read the rest