Latest Articles

Published on Thursday, 24 July 2014 14:51
How could trade policy affect climate change? There are some interesting examples out this week that just might make a difference and any positive contributions need to be treasured.
Published on Thursday, 24 July 2014 14:38
"Green bonds", i.e. those capital market financings that are tied by their issuers to beneficial environmental projects, will amount to about $50 billion, by the end of 20114. How did such a market emerge?
Published on Wednesday, 23 July 2014 14:30
The orbiting carbon observatory (OCO-2) is a new satellite, now parked 190 kilometres above the earth, having waited five years since its original launch vehicle failed, due to a rocket malfunction. Now there is a second chance with an added bonus!
Published on Tuesday, 22 July 2014 06:26
Australia has dumped its carbon tax in the first move of a developed country to signal so prominently a reversal of previously enacted climate change adjustment policies. Tony Abbott, the Prime Minister, claims that this reversal will save Australian taxpayers $9 billion and unleash the Australian economy. While the carbon tax may not have been fully offset under the previous Labour Government's policies, one thing is abundantly clear, Australia now stands as a key denier of international climate change policies and will make a further consensus for such policies in Paris in 2015 almost impossible.

Latest Portfolio News

Published on Monday, 28 July 2014 04:22
With the good earnings report and the subsequent share gain by Facebook, the RealReturnEnvironment (RRE) portfolio has appreciated in the past week, recording a gain of 24.66% in the period since December 2013. The Friday sell-off of the market reflecting the escalating tensions in the Ukraine had a moderating influence on these gains as reflected in the current loss of 0.8 % in General Electric (see below).
Published on Tuesday, 22 July 2014 14:45
Nervous markets this past week reflected the geopolitical concerns with the downing of a Malaysian airline with the loss of 298 lives over the Ukraine and the invasion of Gaza by Israel. Surprisingly with the early week of earnings announcements going well, markets recovered on Friday and the RealReturnEnvironment (RRE) portfolio ended up 19% since its inception in late 2013.
Published on Monday, 14 July 2014 14:45
Nervous markets this past week reflected in worries about the upcoming earnings season just underway in the United States and the Portuguese bank woes lead to small declines in the market over the week. The RealReturnEnvironment (RRE) portfolio ended up 17.3% since its inception in late 2013.
Published on Monday, 07 July 2014 03:44
The RealReturnEnvironment (RRE) portfolio showed further gains this week as the Dow Jones Industrial Average hit a record level of 17,000 on the back of continued good job creation in the United States. From its inception in late 2013, the RRE portfolio is now up 19.2% (see below). These levels of returns in 6 months lead one to believe that this is currently an asset bubble at work. However, some ananlysts would argue that the financial ratios for equities on a forward basis are still within historical norms. Nevertheless, the stock market is now clearly in the nose-bleed altitudes.