Daniel Englander
Neal Dikeman and I aren’t the only ones who think General Electric is the unsung leader of greentech. This week’s issue of Exame, a leading Brazilian business magazine, featured a number of stories on A Economia Verde, including one that proclaimed GE CEO Jeff Immelt to be “o executivo mais verde do mundo.“
According to the [...]
Daniel Englander
The California Air Resources Board has gone ahead with cuts to its zero-emissions vehicle mandate, though the reductions were less than expected. Initially CARB planned to cut its 75,000 ZEV mandate to 27,500 vehicles produced between 2012 and 2017. Under the new mandate, the seven largest automakers were granted a reprieve from producing 25,000 ZEVs [...]
Daniel Englander
A mercantile court in Bilbão has ordered EdF to declare if it has begun or will begin an acquisition of Iberdrola. The court also demanded to know whether EdF plans to carry out the acquisition by itself or with a partner, like Iberdrola’s main shareholder ACS, and if it planned to break up the Spanish [...]
Daniel Englander
Every taxi in São Paulo runs on alcool (ethanol), and it’s got nothing to do with a government mandate. In fact, taxi’s are exempted from São Paulo’s rodizio - the city’s weekly driving ban aimed at fighting congestion and pollution. The cabbies I’ve talked with have also dispelled any lofty notion about driving on ethanol [...]
Daniel Englander
3i, Europe’s largest venture capital firm, has announced it will abandon its early stage venture operations. In 2000 3i’s venture portfolio covered 750 investments worth $4.8 billion. However, the tech crash later that year forced 3i to write down close to $2 billion. By September 2007 the company’s overall venture investment had fallen to roughly [...]
Daniel Englander
Ethanex Energy, a Kansas-based corn ethanol producer, has “ceased ongoing commercial operations” and fired nearly all of its employees. The company filed an 8-K on Monday stating “in light of its declining liquidity and its inability to obtain interim financing” Ethanex terminated its executive chairman and co-chief operating officers and that it began work “with [...]