insights

Energy’s Center of Gravity

Energy’s Center of Gravity After seeing the riveting movie Gravity this past weekend, I was taken by a certain quote in today’s just-released World Energy Outlook 2013 from the International Energy Agency (IEA): “The centre of gravity of energy demand is switching decisively to the emerging economies, particularly China, India and the Middle East, which drive global energy use one-third higher.”... Read more ›

GEOS Update Q3 2013 Beyond Intrigue

Third Quarter 2013 GEOS Review – Beyond Intrigue The roots of the Essex Global Environmental Opportunities Strategy (GEOS) go back prior to our joining Essex Investment Management. In 2005, while at State Street Global Advisors, we determined that there were multiple and sustainable catalysts allowing for long-term, dynamic growth of the clean technology sector. The NASA photo above, “The World... Read more ›

GEOS Focus Theme Report on Efficient Transport

Transportation is a key function of global commerce, and is the largest demand sector for energy per the U.S. Energy Information Administration (EIA). In the U.S., 28% of energy supply is used by the transport sector, which consumes 72% of all petroleum supply sources according to the EIA. The transportation sector is vast, extending from passenger cars to commercial fleet... Read more ›

Clean Tech – Trends Moving Past Inflection Point

Our Essex Global Environmental Opportunities Strategy (GEOS) investment philosophy is rooted in a long term perspective with an investment horizon meaningfully beyond the brief attention span of today’s average investor.  The secular trends we are positioned for with GEOS, and have been articulating over the past several years are reflected in the strong performance for clean technology stocks this year. ... Read more ›

Math Homework, with Extra Credit

Bill McKibben of 350.org has toured U.S. college campuses with a nation-wide “Do the Math” tour to convince students to take action, pressuring university endowments to divest from fossil fuels:  http://math.350.org/.  The “math” refers to acceptable allowances and limits of carbon and other greenhouse gases (GHGs) that can be released into the atmosphere, before global climate change is exacerbated.  We... Read more ›

Information Flow in the Micro Cap World

Over the past 20 years, the amount of information available on financial markets has exploded due to the emergence and proliferation of the internet and social media.  Instant reporting of news followed by instant analysis has become the norm.  However, there are few quality control measures on the web as the medium is open to all.  Although this democratization and... Read more ›

Clean Tech 2.0 – Megatrends In-Tact, Survivors Emerging

“Survive first, and make money afterwards.” - George Soros In managing the Essex Global Environmental Opportunities Strategy (GEOS) we remain strictly focused on environmental technology, with financial analysis an equally important component of our investment process.  During a very difficult period for clean tech investing, we have consistently executed our investment philosophy and process, ensuring GEOS is the nexus of... Read more ›

Water: A Complex and Precious Resource

“We never know the worth of water, ‘til the well is dry.” Thomas Fuller, English Proverb, 1732. In managing the Essex Global Environmental Opportunities Strategy (GEOS), we invest across nine clean technology themes.  A key GEOS theme is water, which is a complex and precious resource.  Water is localized, with its presence a critical catalyst to rates of economic growth. ... Read more ›

Will 2013 be the Year of Biofuel?

Since the initial public offerings of the first tranche of second generation biofuel companies in the spring of 2010, the performance of the stocks has been staggeringly poor.  The five higher-profile biofuel companies (Codexis, Amyris, Gevo, Solazyme and KiOR) that went public over a 14-month span from April 2010 have experienced stock price declines averaging nearly -74%.  In addition, at... Read more ›