https://www.wsj.com/business/energy-oil/hes-a-renewable-power-billionaire-not-an-environmentalist-f7f4cbef?mod=djemclimate
Michael Polsky is getting into fights all over the country.
The Chicago billionaire, a Ukrainian immigrant who made his fortune through wind, solar and other renewable-energy projects, wants to build a lot more. And he also wants to build natural-gas-fired power plants.
At every turn, he says, he faces opposition from either the left or the right—illustrating his view that the country’s approach to energy has gone completely off the rails.
“It’s crazy,” said Polsky, who founded his company, Invenergy, in 2001. “Why if you build renewables you’ve got to be on the left, and if you build coal or gas you’ve got to be on the right? To me, you build what makes sense to build.”
Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught the course “Sustainable Finance” since 2009. Executive director of Fund Governance Analytics (FGA), an ESG research partnership with Marquette University, he is a member of the CFA Institute ESG Working Group, an international committee currently exploring ESG standards, publishes the blog,
Sustainable Finance, which covers current topics around governance and sustainability in investing, and is co-author of the book,
The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.
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