Green Capital vs Green bank
Although it’s not an either or proposition it is a magnet for private Capital to turn towards Green Energy.
We call it greener Energy. My friend Reed calls it Renewables… yet we all understand that without the Energy industry transforming itself we are not going to lower our Emissions drastically anytime soon.
So How it is to be done?
The Green Bank is an idea whose time has come.
Our friend Reed Hundt is building on the concept of government backed ‘green investment banks’, which would use taxpayers’ money to help move capital towards the low-carbon investments that will be needed to tackle climate change, helping to address market failures and focus early-stage investment.
It is, an idea whose time has come now. Support is now building for the concept of government backed green investment banks. However as the plan now stands, it is Congress that should charter the Green Bank and this is the limitation that Reed and the Coalition are up against.
But if this is what Reed wants – Reed gets.
He is the very first Chairman of the FCC and the mobile communications spectrum ”auctioneer” and a very entrepreneurial man with a long list of successes under his belt. My bet is that He will lead us to a success once again to finance the transformation. But it will take time and money…
Both in short supply these days on the Hill.
Still as of this day the Environmental Parliament is also a member of the Green Bank Coalition and we hope our Wall Street Friends will become members too.
The arguments for the creation of the Green Bank are manifest. At least since Adam Smith’s era, every nation on this Earth has envisioned and created a National Bank. Now Reed Hundt wants to follow that logic for the global spread of the creation of Green Banks everywhere to imitate the founding of the bank of England so to speak… across the globe.
But first we have to build the very first example of this and others must see how it works… The Coalition for the Green Banks seeks ways and means on how to convince Congress and the Senate to pass the necessary Green Bank Legislation and allocate support mechanisms through financial guarantees for the Green Bank.
It’s a Capital Idea yet the stumbling point is just that.
Capital.
In the age of tea partiers, and coffee partiers, and tea baggers and assorted raving lunatics, putting pressure on thoughtful politicians against public spending, especially for banks – seems to me – the Public’s shilling, will not be forthcoming.
Whether it’s a red bank or a blue bank or even a green bank – it’s still a bank – and the public trough is presently off limits.
It is firmly closed to Banks of any colour…
The reality is although we support Reed and the coalition for the Green Bank, we move in other directions as well. The transformation of the Energy, Power and Utility industry is too important to be left to politicians alone. Private Capital is where the solutions to the gigantic Emissions problem rests. Is our duty to move forth.
Because of that we are now in New York City working hard, towards the greening of Wall Street.
THE GREENING OF WALL STREET with GREEN CAPITAL FOR THE TRANSFORMATION OF THE 6 TRILLION ENERGY INDUSTRY TO A RETOOLING TOWARDS A LOW CARBON FOOTPRINT.
Green Capital is the Environmental Parliament’s Investment, Asset owner and Private Equity LLP that oversees and finances our Carbon replacement plants around the world.
Now GREEN CAPITAL US, will start the ground breaking process in America. Greening Wall street and the Energy Industry will start with a conference this Autumn at the UN.
We will hold a conference and announce GREEN CAPITAL US’ new Energy Industry Finance Mechanisms of $200 Billion in asset backed Securities, for the transformation of the Coal energy generation Industry in America and beyond.
Wall Street and the Energy Companies in America will learn how to and also meet and interact with GREEN CAPITAL, Energy Ministers from nations across the globe and even Heads of states this September 25th in our Conference at the United nations headquarters in NYC.
The ”Greening of Wall Street” Conference to be held at the UN Headquarters and with the participation of the major Wall Street players, major Energy Companies’ CEOs, and the Banking leaders active on the Environment and Climate support mechanisms globally, and even several heads of States who want to participate in the discussions, understanding the implications for humanity’s future and i advance of the general assembly and the UNFCCC meetings for a binding Climate Deal through COP16 in Mexico in November.
My friend, Graciela Chichilnisky leading Economist with Columbia University, noted author and chief architect of the Kyoto Protocol Carbon credits market, will lead Green Capital US towards the public acceptance of the Financing mechanisms for retooling the 6 Trillion Energy industry to minimize energy use and have a substantially lower Carbon Footprint.
Graciela Chichilnisky is the President of GREEN CAPITAL US and will unveil the strategy for financing the retooling of the 6 trillion Energy industry via Green Capital financing through Wall Street private capital, issued and traded Asset backed Securities, like the Green Bonds issued through Green Capital in the UK …
If your firm wants to participate and assist in the process please contact us.
ALL RELEVANT BANK & FINANCE & ENERGY POWER INDUSTRIES and their forward looking Leaders are welcome.
It is our duty to go a few steps forward from the Green Bank and create the Private Finance platforms necessary to Green Wall Street and the Energy industry.
Here is the case of GREEN CAPITAL and it’s financial innovation in Wall Street.
By using Private asset backed and easily tradeable bond quality securities to finance the retooling of the Energy industry we will certainly succeed where many have failed – including the Green Bank – so far.
Primarily because we don’t ask anything from the government.
The reason I particularly fight for this is because this way, we affect Billions of people and reduce the CO2 from the Atmosphere by a Gigaton and more… This is my kind of Innovation.
My Innovation that transcends traditional barriers of economic and political fields and even science disciplines is here GREEN CAPITAL.
Energy is a human need and we need to move towards the Low Carbon Footprint the soonest. GREEN CAPITAL allows us to do good for billions of people across the globe and reduce massively CO2 from the atmosphere. In addition to making healthy steady same capital profits.
And again my Innovation doesn’t require any Government interference anywhere across the globe or in America. Private capital is far more plentiful right now and able to address the pressing needs of the Energy Industry.
The Energy Companies’ consistent returns with the existing, power purchase agreements for the base load Energy – make the financing of this transformation possible. The asset backed securities have the strength of bonds as Energy consumption isn’t going down anytime soon in America and is increasing everywhere else in the developing world. Coming out of the recession is increasing in America as well…
Good securities ratings and Profits are all in positive indicators territory at present for the Wall Street indices.
The spot market pricing for the remainder of the Energy produced by the power companies – makes the profit motivation and the Private Capital financing via asset backed securities, viable and likely, as Energy prices are rising all around.
Prices for Energy will continue to rise due to peak and polluting gulf oil and the dangerous people killing coal mines just as much as due to the scarcity of the fossil fuel resources.
there is no bigger industry than the Utility industry… None more significant for the Transformation we seek in the lives of Billions of people and none more polluting in CO2 and other assorted greenhouse gases. We will change that.
It’s therefore imperative to finance the transformation via GREEN CAPITAL.
”The Greening of Wall Street” conference this 25th of September in NYC will give us the answers for retooling the Power generation Industry.
Yours,
Pano
PS:
Early Adopters, Pioneers and Leaders from Wall Street, are asked to meet this Tuesday evening, June 2nd at the Carlton Hotel [Madison Ave] lobby in Midtown, Manhattan, New York at 8pm for a round robin meeting.
