Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a profit machine, worth hundreds of millions of dollars to its bottom line. The money came from the U.S. “clean coal” tax credit, a provision… Continue reading Arthur J. Gallagher Cleans Up on ‘Clean’ Coal Subsidies: Reuters Report
Tag: alternative energy
Oregon Solar Projects Get Insurance to Guarantee Production
GCL New Energy Holdings Ltd. is managing the risk related to the unpredictable nature of the sun, with an insurance-like policy that will guarantee the production from solar projects it’s building in Oregon. KWh Analytics, a San Francisco-based risk-management software company, structured the coverage for the 50-megawatt solar portfolio, according to a statement Wednesday. Swiss… Continue reading Oregon Solar Projects Get Insurance to Guarantee Production