Gevo, Inc. has announced that it has entered into an agreement with FCStone Merchant Services, LLC to originate and supply corn for Gevo’s plant in Luverne, Minn. Engaging FCStone to conduct Gevo’s corn purchasing at Luverne is expected to free up more than $1 million of working capital, which has previously been tied up in corn inventory.- This summer the EPA will release a draft Federal Plan to implement the Clean Power Plan in states that do not submit a satisfactory state plan. Advanced Energy Economy has released a whitepaper, “Design Principles for a Rate-Based Federal Plan Under EPA’s Clean Power Plan,” that describes how the Federal Plan can use EPA’s jurisdiction over emitting power plants in combination with a rate-based credit trading system to incorporate both zero- and low-emission generation resources and demand-side resources.
- A new study, “Investing in a time of climate change,” released IFC, a member of the World Bank Group, and Mercer shows that implications of climate change pose serious risks for investors and that integrating climate risks into investment strategies can help with investor return outcomes due to greater awareness of exposure to climate -sensitive sectors and asset classes. The study estimates the impact on investment returns through to 2050 and offers insights on how to improve the resilience of an investment portfolio in a time of climate change.
- A new report, “Winds of Change,” was released by the Rocky Mountains Chapter of E2, a national nonpartisan business group. The report found that according to E2’s quarterly clean energy jobs reports, more than 2,500 permanent and temporary wind jobs have been announced in the state since September 2011 alone. It details how Colorado’s wind industry has created between 6,000 and 7,000 jobs at more than 50 individual wind farms and manufacturing plants, according to industry officials and companies.
