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. and executive-in-residence and co-director of the Marquette S-Lab. He is also founder and chair of the board of Water + Energy Forward, a green bank focused on market-based climate solutions. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught “Sustainable Finance” since 2009. He publishes
Sustainable Finance and is co-author of
The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.
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