Where Sustainability and Profitability Meet
The bridge to the future.
Pacific Gas & Electric, the largest utility in California, is cutting electricity to hundreds of thousands of customers to stave off the possibility of sparking another Camp Fire. The blackouts are the correct response by PG&E. The potential cost in lives lost and billions of dollars in devastation are too great when weighed against relatively little lost revenue.
For the third year in a row, Walter Schindler has been voted the best US lawyer in alternative energy private equity, selected in a global poll of 100,000 readers of Lawyers Worldwide Award Magazine.
One of the challenges with both climate change and pollution is that it’s very gradual in its impact, and any progress is very slow like trying to move a battleship. This is one of the reasons Venture Capital in the biggest industries in the world, energy, water, and food, has been an uphill battle.
I’ve been talking about addressing issues in these areas for over 20 years, but it feels like it’s only been in the last 12 months that people have been responsive and want to do something BIG.