When Daniel Weiss cofounded Angeleno Group in 2001 to fund green energy companies, few would have regarded him as a master of timing. advertisement advertisement Oil was trading at a lowly $23 per barrel. The California electricity crisis had recently triggered large-scale blackouts across the state. Enron had just gone belly-up. “To launch an investment firm and raise capital to invest in this space . . . maybe we ought to have had our heads examined, ” Weiss, one of Angeleno Group’s two managing partners, told me on the latest episode of my podcast, The Bottom Line. Seventeen years and $2.5 billion worth of investments later, Weiss and his colleagues have proven that they were lot more savvy than silly. Along the way, they’ve kept their eyes on four fundamental drivers: an urgent need to replace an aging and inadequate power infrastructure in the United States and elsewhere; the steadily increasing demand for fuel and electricity as ever more of the … [Read more...] about LISTEN: Why A Pioneering Green Energy Investor Is Optimistic About The Future Of The Planet
Tunnel elon musk los angeles
If half of the adults in America picked up this article, they’d struggle to fully comprehend it. About one in seven couldn’t read it at all. advertisement advertisement Now, imagine how tough it would be for these men and women to obtain a decent job. A lack of transportation and affordable childcare are typically cited as the biggest barriers for low-income workers to get ahead. But there’s another fundamental factor that is easily overlooked: A huge part of the American labor force is illiterate. “When you talk about adult literacy, it sounds like you’re referring to a few folks who fell through the cracks, but that’s not the case at all,” says Jessica Rothenberg-Aalami, the founder and CEO of Cell-Ed, a for-profit social enterprise that is making promising strides in combating the problem with a mobile learning platform targeted at low-skill workers. “It’s a hidden epidemic.” Formally launched four years ago, … [Read more...] about This mobile learning platform aims to combat the “hidden epidemic” of adult illiteracy.
The funny thing about films set in the future is how often the costumes reflect fashion trends of the past. Blade Runner‘s Rachel has hair from the 1940s and shoulder pads from the 1980s; The Jetsons espoused a future where women wear Jean Shrimpton’s 1960s mini-dresses, but with triangular collars. advertisement advertisement The new Spike Jonze flick Her (in which Joaqhin Phoenix plays a man who falls in love with his operating system) is set in Los Angeles in the near future, and its vision of the future is far more restrained. From the looks of the layered monochromatic button downs, Uniqlo is the only store left in existence. This could be due in part to insight Jonze got from him friend Humberto Leon, cofounder of the global fashion brand Opening Ceremony. Jonze has said he talked with Leon while writing and developing the movie. And now, along with the film’s costume designer Casey Storm, they’ve created a Her-inspired capsule collection for … [Read more...] about Is This What Clothes Will Look Like In 2050?
When policymakers want to help people with low incomes get a mortgage, they typically offer some kind of subsidy or boost the flexibility of the underwriting guidelines. advertisement advertisement This week, the Federal Home Loan Bank of San Francisco will pioneer a radically different approach: It will try to turn more Americans into homeowners—not by giving them a break but, instead, by catalyzing the creation of good jobs in their communities. “What we’re doing is getting at the root cause” of why buying a house remains out of reach for many families, says Larry Parks, the senior vice president of external, legislative, and regulatory affairs at the bank, a cooperative that gives its member financial institutions inexpensive loans and risk-management tools so that they, in turn, can increase the availability of mortgages and stimulate community development. “We’re changing the thought process.” At the center of it all is a Quality … [Read more...] about How One Big Bank Is Spurring Job Growth In Underserved Communities
If anyone has shown a keen understanding of how to unionize workers in America, it’s David Rolf. advertisement advertisement In the 1990s, he was a key player in the Service Employees International Union winning the right to represent some 74,000 home care aides in Los Angeles–the largest union organizing campaign since the 1940s. In his present post, as president of SEIU Local 775 in Seattle, he has spearheaded growth from 1,600 to 45,000 members. In 2014, The American Prospect called Rolf “the most successful union organizer of the past 15 years.” All of which makes Rolf’s take on the collective-bargaining system–that it is a relic, and that those who truly care about workers should stop focusing their efforts on promoting it–particularly provocative. “I think we made a valiant . . . bet that if we put enough talent and enough resources behind traditional union organizing that we could somehow bring back the old model,” … [Read more...] about LISTEN: The Most Successful Union Organizer in America Thinks Traditional Organizing Is A Lost Cause