Private Banking Interview with Jasperneite and Leber (Acatis)

“Only our approach really eliminates CO2 emissions”, say Christian Jasperneite and Hendrik Leber (Acatis) in the private banking interview. Together with the company Cap2, Acatis wants to make funds climate neutral. The head of the asset manager, Hendrik Leber, and Cap2 founder Christian Jasperneite explain how this works in an interview with private banking magazin. A conversation about I deologies, possible imitators and the power of Brussels bureaucracy.   private banking magazin: Mr. Jasperneite, I come to you as a private client with the wish that my portfolio becomes climate neutral. How would you go about that with Cap2? Christian …

Neither gas nor nuclear power are sustainable!

The classification of nuclear power and gas as a sustainable form of energy by the EU does hurt a bit. How on earth can nuclear power be classified as sustainable in the taxonomy given the existing storage problems (let’s not even talk about accidents)? And where does one get the idea of classifying the burning of gas as sustainable just because it produces fewer emissions per unit of energy than coal? The additional emissions that now occur during the extraction of fracked gas and its conversion to LNG ultimately make this energy source almost as damaging to the climate as …

Poland’s problems with emissions trading are homemade

Poland’s problems with emissions trading are homemade There is no better proof of the impact of European emissions trading than the protest of Polish Prime Minister Mateusz Morawiecki. No country in Europe produces more hard coal than Poland. More than 70 percent of Poland’s electricity comes from coal-fired power plants. Worse, the country’s 100 or so power plants are on average about 40 years old and emit far more greenhouse gases than modern power plants. More than 160 million tons of CO2 were emitted by them per year at last count. Three more coal-fired power plants, emitting around 4 million …

The government should buy up and decommission emission rights

The right to emit CO2 can be traded. This is not a scandal; in fact, emissions trading is a powerful tool for combating climate change without doing so at the expense of society. The real scandal is that the majority of politicians seem not to have understood emissions trading. First, European emissions trading ensures that emissions are only ever released into the air to the extent of the rights issued. Second, as prices rise, the savings are always made by the companies that can do it most cheaply: Anyone who can avoid a ton of CO2 or equivalent emissions for …

Climate risks in the portfolio – how do you deal with them?

Climate change has been a dominant topic not only since the German elections. However, while many other relevant topics lose importance over time, climate change is likely to remain permanently on the agenda in the coming decades. It is therefore not surprising that, from a portfolio management perspective, climate-relevant issues are also increasingly taking center stage and becoming a central issue in portfolio construction. Ultimately, the entire discussion revolves around the question of to what extent and in what way asset managers have the opportunity to respond to climate change. This is because climate change has various effects on portfolios. …