Technology and policy changes are driving peak demand for fossil fuels and massive growth of renewables. There is an enormous fossil fuel system at risk from the peak and fortunes to be made in building out the new renewable system. Many investors remain in denial, clinging to old beliefs and defunct models. This creates excellent investment opportunities on the long and the short side.
Mark is the Founder of the Carbon Tracker Initiative and conceived the ‘unburnable carbon’ capital markets thesis. He commissioned and was editor of Unburnable Carbon – Are the World’s Financial Markets Carrying a Carbon Bubble? In November 2011. More recently, Mark co-founded ‘Planet Tracker’ which focuses on agriculture, seafood, forestry, water and textiles. Mark is responsible for management strategy, board matters and developing their capital markets framework analysis. Their goal is to align capital markets with natural ecological limits to growth.
Prior to forming these groups, Mark had twenty five years experience in sustainable financial markets working for major institutional asset management companies. Mark is a co-founder of some of the first responsible investment funds firstly at Jupiter Asset Management in 1989 with the Ecology Funds, NPI with Global Care, the AMP Capital Sustainable Future Funds, and Henderson Global Investor’s Industries of the Future Funds.
Kingsmill Bond, CFA, is the Energy Strategist for Carbon Tracker. He believes that the energy transition is the most important driver of financial markets and geopolitics in the modern era.
Kingsmill has worked as a sell-side City equity analyst and strategist for 25 years, including for Deutsche Bank, Sberbank and Citibank in London, Hong Kong and Moscow. He has written research on emerging market and global themes, including the wider significance of the shale revolution and the impact of US energy independence.
At Carbon Tracker he has written about the impact of the energy transition on financial markets, domestic politics and geopolitics, and authored a series of reports on the myths of the energy transition, looking at the many arguments made by incumbents to deny the reality of change.