Markets

VX 2019: Commercializing Carbon-to-Value Innovations

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At VerdeXchange 2019, impact investors and climate scientists examined the challenge of commercializing innovative “carbon-to-value” technologies and their potential to transform industries, policy regimes, and climate action paradigms.

Open Letter: A Sustainable Economic Arizona-Mexico Relationship

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Maryanne Weiss

Maryanne Weiss, president of Gustare Ltd. and CEO of VerdeXchange Arizona, has penned an op-ed on the importance of a sustainable economic relationship between Arizona and Mexico. She argues that collaboration and productive teamwork are necessary for the growth of the region. Weiss points out that two G20 nations sharing a border surely offers an opportunity for collective endeavors, around climate and otherwise, that must not be missed. To learn more about VX Arizona, visit www.vxaz.com.

Prime Minister Abe, Caroline Kennedy, and Penny Pritzker Celebrate Japan-US Trade & Investment Relationship

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Caroline Kennedy

On May 1, 2015, Prime Minister of Japan Shinzo Abe ended his visit to the US in Los Angeles, appearing at the Biltmore Hotel for an event organized by Japan External Trade Organization (JETRO). VX News presents edited excerpts from the proceedings, beginning with JETRO Chair Hiroyuki Ishige, who notes the positive impact of the prime minister’s comprehensive set of economic reforms known as “Abenomics.” Prime Minister Abe, US Ambassador to Japan Caroline Kennedy, and US Secretary of Commerce Penny Pritzker each give their perspective on the past, present, and, especially, future of US-Japan trade relations, urging private sector investment along with the regulatory framework of the Trans-Pacific Partnership to strengthen the two countries’ mutually beneficial relationship.

Bloomberg Champions the Private Sector’s Critical Role in Addressing Climate Change

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Michael Bloomberg

CEO of Bloomberg L.P. and former New York City Mayor Michael Bloomberg spoke to Environmental Defense Fund President Fred Krupp during the 2015 Bloomberg New Energy Finance Summit in New York last month. Reflecting on his career in business, philanthropy, and politics, Bloomberg emphasizes the private sector’s essential role in effecting greenhouse gas reductions. He comments on his current role at the United Nations, which has led him to consider the energy challenges facing countries like India and China. Finally, Bloomberg encourages environmentalists to “get tough” in the face of public-sector paralysis.

EDF’S Lauren Faber On: California's AB 32, Cap-and-Trade, and New Goals for State’s Renewable Portfolio Standard

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As West Coast Political Director for the Environmental Defense Fund, Lauren Faber is closely involved in California’s ongoing implementation of its cap-and-trade program. Faber spoke at the VerdeXchange 2014 Conference in Los Angeles on panels titled “Cap-and-Trade: Following the Money in California’s Carbon Market” and “Cleantech Grid Integration of Renewables.” Faber brings experience at the California Environmental Protection Agency to her work at EDF. In the following interview with VX News, she elaborates on her role at EDF and offers insight into cap-and-trade’s effectiveness—noting what Californians can expect as transportation fuels come under the cap and considering how the state may allocate funds from the program.

LA’s Mayor Appoints City’s First International Trade Director, Stephen Cheung

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In August, VerdeXchange News sat down with Stephen Cheung, the Mayor of Los Angeles’ first Director of International Trade, to discuss the purview and mission of his new position, which liaisons between the Port of Los Angeles, LAX, and City Hall. With trade being a critical component of the LA regional economy, and with the infrastructure of trade constantly evolving, Cheung works for goods movement, logistics, storage, and transportation to operate as smoothly as possible to retain customers doing business in and through LA. The potential growth of ethanol trade with Brazil serves as an example of how LA is making strides to adapt.

Glenn Williamson Lauds Arizona/Canada Business Nexus and Water Opportunities

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VerdeXchange News interviewed Arizona entrepreneur, CEO, investor and philanthropist Glenn Williamson, Chairman of EPCOR Water USA, a Canadian-based utilities company that has now come to Arizona. Williamson is also Chairman of the Canada Arizona Business Council, which aims to increase bilateral trade between Canada and Arizona to $5 billion by 2014. He discusses both organizations and their objectives for Arizona, including better management of water supply and demand through the application of data analytics; the economic value of Canada investments in jobs and technology; and future prospects for Arizona business and sustainable initiatives.

James Goldstene on CARB’s New Visioning Plan, First Carbon Credit Auction, and Air Quality

As Executive Officer of the California Air Resource Board since 2007, James Goldstene oversees the development and implementation of the Board’s clean air policies and represents the ARB before the legislature and other state, regional, national, and international forums. 2012 was a landmark year for the ARB, with the successful launching of the first of 32 cap-and-trade auctions planned four times annually through the year 2020. In the following interview with VerdeXchange News, James Goldstene elaborates on the plans and partnerships CARB aims to realize in 2013 and beyond.