Thomas H. Stoner Jr.

American entrepreneur and writer

Thomas H. Stoner Jr.
BornJanuary 19, 1960
Des Moines, Iowa
Occupation(s)environmentalist, economist, financial analyst, author

Thomas H. Stoner Jr. is lead director and a co-founder, along with Nobel laureate David Schimel of the Jet Propulsion Lab (NASA) and other leading climate experts, of Entelligent, a global provider of Smart Climate indexes, predictive equity portfolio analytics and advanced data on climate risk and climate transition. He served as CEO of Entelligent from 2017 to October 2023. Prior to Entelligent, Stoner founded Project Butterfly, a research organization that advocates primarily for the global capital markets as a solution to climate change. The research produced by Project Butterfly led to the creation of Entelligent and ultimately yielded two climate risk patents issued by the USPTO. Stoner is also the author of the 2013 book, "Small Change, Big Gains: Reflections of an Energy Entrepreneur," which includes research about transforming the global energy supply to be more reliant on sustainable fuel sources by the end of the century.[citation needed] Stoner 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 international development banks, including the Multilateral Investment Fund, a division of the Inter-American Development Bank.

Education and personal life

Stoner received a master's degree in accounting and finance from the London School of Economics and a B.A. from Hampshire College, Amherst, Massachusetts. In 1988, he married Laurie Larsen; they have two children.[citation needed]

Career

Prior to creating and leading Entelligent as CEO, Stoner served from 2008 to 2010 as CEO and chairman of Evergreen Energy (NYSE: EEE), a publicly traded coal and clean coal technology company based in Denver, Colorado.[citation needed]

From 1998 to 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 London Stock Exchange AIM in 2006.[1] Econergy was an independent power developer of renewable energy projects, including wind farms, small hydro and methane-fired power generation facilities throughout the 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 of the United Nations Framework Convention on Climate Change. 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 develop the CleanTechFund,[4] a $25 million private equity fund focused on small-scale energy generation and energy efficiency projects in Latin America. He served as senior manager of the fund from its formation in 2004 to 2008. Prior to Econergy, Stoner founded and served as president of Highland Energy Group, a national energy service company (ESCO) providing demand side management 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 based in Boston, Massachusetts. Prior to Highland, Stoner was the first acting director and founding board member of the Social Venture Network, a nonprofit membership organization composed of socially responsible business leaders committed to creating a more just and sustainable world.[citation needed] Stoner also has served as a technical advisor in more than a dozen countries.

Project Butterfly

Project Butterfly was founded in 2010 and is a collaboration of scientists, business leaders and the global community addressing the threats posed by climate change and researching opportunities to mitigate it. The initiative, started by Stoner, brought together experts from the Massachusetts Institute of Technology, NASA, the National Renewable Energy Lab, the National Center for Atmospheric Research, and the University of Colorado at Boulder. The research and climate modeling performed by Project Butterfly led to Stoner's book, "Small Change, Big Gains: Reflections of an Energy Entrepreneur”.[citation needed]

Publications and appearances

  • What Climate Change Means for Investors[6]
  • Donald Trump is about to become an even bigger champion of coal and fracking[7]
  • Investors must adjust their portfolios now for a changing climate[8]
  • Why Big Oil might secretly wish for a carbon tax[9]
  • Opinion: Exxon Mobil cover-up case shows why energy investors need a new strategy[10]
  • Paris: Subsidies, taxes and the energy investor[11]
  • China Still Needs to Focus on Renewable Energy Despite Economic Slowdown[12]
  • The problem with Obama's clean-energy plan[13]
  • 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[14]
  • The Most Important Climate Change Question: How Will Investors React?[15]
  • Smart Grid: On a Path Toward Climate Stability?[16]
  • Divestment and Climate Change: Thomas Stoner at TEDxHampshire[17]
  • Carbon Taxes Shifts us From Polluting to Non-Polluting[18]
  • The Advantage of Using a Climate Risk Score Ranking During Periods of Energy Price Volatility
  • Tree-huggers and capitalists can agree on fossil-fuel disclosure for companies

See also

References

  1. ^ Sasseen, Jane. "Taking Their Business Elsewhere". Bloomberg Businessweek. Archived from the original on October 25, 2012. Retrieved January 23, 2014.
  2. ^ Milliken, Chris. "Econergy Beberibe". Econergy International. Retrieved January 23, 2014.
  3. ^ "GDF SUEZ Acquires Econergy International". sustainablebusiness.com. Retrieved January 23, 2014.
  4. ^ "Econergy- Clean Tech Fund". Frontier Finance – International Business Development. Archived from the original on March 23, 2014. Retrieved January 23, 2014.
  5. ^ "EUA COGENEX ACQUIRES HIGHLAND ENERGY GROUP". The Free Library. Retrieved January 23, 2014.
  6. ^ Stoner, Thomas; Schimel, David. "What Climate Change Means for Investors". Barron's. Retrieved October 8, 2016.
  7. ^ Stoner, Thomas. "Donald Trump is about to become an even bigger champion of coal and fracking". Market Watch.
  8. ^ "Investors must adjust their portfolios now for a changing climate". Market Watch. Retrieved December 14, 2015.
  9. ^ Thomas Stoner Jr. "Why Big Oil might secretly wish for a carbon tax". Retrieved July 14, 2016.
  10. ^ "Exxon Mobil cover-up case shows why energy investors need a new strategy". MarketWatch. Retrieved December 14, 2015.
  11. ^ "Paris: the New Business Case". www.entelligent.com. Retrieved December 14, 2015.
  12. ^ Thomas Stoner Jr. (September 17, 2015). "China Still Needs to Focus on Renewable Energy Despite Economic Slowdown". Retrieved July 14, 2016.
  13. ^ "The problem with Obama's clean-energy plan". CNBC. Retrieved December 14, 2015.
  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 March 24, 2014.
  15. ^ "The Most Important Climate Change Question: How Will Investors React?". Ecosystem Marketplace. January 7, 2014. Retrieved March 22, 2014.
  16. ^ Author & Environmental Entrepreneur, Project Butterfly. "Smart Grid: On a Path Toward Climate Stability?". Energy Manager Today. Retrieved March 22, 2014. {{cite web}}: |author= has generic name (help)
  17. ^ "Divestment and climate change: Thomas Stoner at TEDxHampshireCollege". YouTube. November 19, 2013. Retrieved March 22, 2014.
  18. ^ "Carbon Taxes Shifts us From Polluting to Non-Polluting". YouTube. November 21, 2013. Retrieved March 22, 2014.

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