Thomas H. Stoner, Jr.
Thomas H. Stoner, Jr. | |
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Born |
January 19, 1960 Des Moines, Iowa |
Occupation | author, environmentalist, economist, financial analyst |
Thomas H. Stoner, Jr. is an energy entrepreneur and writer. He has been a promoter of sustainable development for over 30 years, having built, financed, and owned and operated renewable energy projects throughout the Americas. He has led three companies in the clean technology space, including one of the original CleanTech venture funds backed by the international development banks, including the Multilateral Investment Fund (MIF), a division of the Inter-American Development Bank. In 2011, with the aid of David Schimel of the Jet Propulsion Lab (NASA) and other leading climate figures, Stoner founded Project Butterfly, a research organization that primarily advocates for the global capital markets as being a solution to climate change. In 2013, Stoner released “Small Change, Big Gains: Reflections of an Energy Entrepreneur,” which contains research about transforming the global energy supply to be more reliant upon sustainable fuel sources by the end of the century.
Stoner is currently the CEO of Entelligent, a web-based platform that aggregates news and publishes original content and proprietary analytics on energy and the environment for US investors.
Education and personal life
Stoner received his Masters in Accounting & Finance from the London School of Economics and a BA from Hampshire College, Amherst, Massachusetts. In 1988 he married Laurie Larson; together they have two children.
In 1987, Stoner served as founding Director of the Social Venture Network
Career
Stoner recently served as the Managing Partner at New Alchemy Energy Partners, a fund dedicated to developing distributed energy generation projects in North America.
From 2008 to 2010, Stoner served as the CEO and Chairman of Evergreen Energy Inc. (NYSE:EEE), a publicly traded coal and clean coal technology company with headquarters in Denver, Colorado.
From 1998 to October 2008, Stoner served as CEO of Econergy International, a carbon markets consultancy and owner/operator of renewable energy projects throughout the Americas. Econergy International floated on the AIM under the London Stock Exchange (ECG) in February 2006.[1] Econergy was an independent power developer of renewable energy projects, including wind farms, small hydro, and methane fired power generation facilities throughout Americas as well as one of the leading carbon emissions traders under the Kyoto Protocol.[2] Under Stoner’s leadership Econergy developed the first methodology submitted to the governing body of the clean development mechanism (CDM), the United Nations Framework Convention on Climate Change (UNFCCC). Stoner led the sale of Econergy to GDF Suez, one of the largest utilities in the world.[3] While at Econergy, Stoner helped five international development banks to develop the CleanTechFund,[4] a $25 million private equity fund focused on small-scale energy generation (such as wind, hydro, biomass and geothermal power plants) and energy efficiency projects in Latin America. He served as the Senior Manager of the fund from its formation in 2004 to 2008.
Prior to Econergy, Stoner founded and served as president of the Highland Energy Group, a national energy service company (ESCO) providing demand side management (DSM) services to public utilities, such as the Public Service Company of Colorado, Duke Power, and Texas Utilities. Stoner led the sale of the Company to Eastern Utilities,[5] formerly a NYSE traded public utility headquartered in Boston, Massachusetts.
Stoner has served as a technical advisor in more than a dozen countries.
Project Butterfly
Project Butterfly was founded in 2010 and is a collaboration among scientists, business leaders, and the global community to address the threats posed by climate change, and researching opportunities that exist in mitigating it. The initiative, started by Stoner, brought together individuals from the Massachusetts Institute of Technology (MIT), NASA, the National Renewable Energy Lab (NREL), the National Center for Atmospheric Research (NCAR), and the University of Colorado at Boulder. The research and climate modeling performed under Project Butterfly led to the book “Small Change, Big Gains: Reflections of an Energy Entrepreneur”.
Publications and appearances
- The problem with Obama's clean-energy plan[6]
- China Still Needs to Focus on Renewable Energy Despite Economic Slowdown[7]
- Opinion: Exxon Mobil cover-up case shows why energy investors need a new strategy[8]
- Paris: Subsidies, taxes and the energy investor[9]
- Panelist at Livingston Securities Advanced Energy Conference Denver, CO
- Panelist at 2015 Burridge Conference, Burridge Center for Finance at University of Colorado Boulder, CO
- Instructor at Viridis Graduate Institute Ecopsychology and Environmental Humanities course: Economics, Humans & Environment
- Invited member for “Committee on Determinants of Market Adoption of Advanced Energy Efficiency and Clean Energy Technologies” at the National Academy of Sciences
- Small Change Big Gains: Reflections of an Energy Entrepreneur, 2013. [ISBN 1626340021] 556p.
- A Financial Model for Evaluating Projects with Performance Contracts Report to the Energy Efficiency Financial Task Force [10]
- The Most Important Climate Change Question: How Will Investors React?[11]
- Smart Grid: On a Path Toward Climate Stability?[12]
- Divestment and Climate Change: Thomas Stoner at TEDxHampshire[13]
- Carbon Taxes Shifts us From Polluting to Non-Polluting[14]
See also
- Renewable energy commercialization
- Renewable energy policy
- Renewable energy industry
- Energy security and renewable technology
- Anti-nuclear movement in the United States
- Clean Coal
- Cleantech
- Renewable Energy
- Social Venture Network
- Kyoto Protocol
- Clean Development Mechanism
References
- ↑ Sasseen, Jane. "Taking Their Business Elsewhere". Bloomberg Businessweek. Retrieved 23 January 2014.
- ↑ Milliken, Chris. "Econergy Beberibe". Econergy International. Retrieved 23 January 2014.
- ↑ "GDF SUEZ Acquires Econergy International". sustainablebusiness.com. Retrieved 23 January 2014.
- ↑ "Econergy- Clean Tech Fund". Frontier Finance - International Business Development. Retrieved 23 January 2014.
- ↑ "EUA COGENEX ACQUIRES HIGHLAND ENERGY GROUP". The Free Library. Retrieved 23 January 2014.
- ↑ "The problem with Obama's clean-energy plan". CNBC. Retrieved 2015-12-14.
- ↑ "China Still Needs to Focus on Renewable Energy Despite Economic Slowdown". TheStreet. Retrieved 2015-12-14.
- ↑ "Exxon Mobil cover-up case shows why energy investors need a new strategy". MarketWatch. Retrieved 2015-12-14.
- ↑ "entelligent - Paris: the New Business Case". www.entelligent.com. Retrieved 2015-12-14.
- ↑ Stoner, Jr., Thomas H.; Alan D. Poole (June 24, 2003). A Financial Model for Evaluating Projects with Performance Contracts Report to the Energy Efficiency Financial Task Force. Retrieved 24 March 2014.
- ↑ "The Most Important Climate Change Question: How Will Investors React?". Ecosystem Marketplace. 2014-01-07. Retrieved 2014-03-22.
- ↑ Author & Environmental Entrepreneur, Project Butterfly. "Smart Grid: On a Path Toward Climate Stability?". Energy Manager Today. Retrieved 2014-03-22.
- ↑ "Divestment and climate change: Thomas Stoner at TEDxHamsphireCollege". YouTube. 2013-11-19. Retrieved 2014-03-22.
- ↑ "Carbon Taxes Shifts us From Polluting to Non-Polluting". YouTube. 2013-11-21. Retrieved 2014-03-22.
External links
- London Stock Exchange – AIM
- September, 2008 Econergy Intl. Plc Interim Results
- Econergy International PLC Proyecto Eolico Guanacaste (PEG) Project Signs Turbine Supply Agreement
- GDF Suez