Interview: Using Citizen Power
To Fund a U.S. Solar Revolution
Billy Parish is the president of Mosaic
, an Internet “crowdfunding” service that lets individual investors put their money into commercial solar projects and earn a rate of return that currently beats anything
offered by a bank. This month, California regulators authorized Mosaic to offer up to $100 million in loans for solar projects. Its first loan under that authorization, $157,750 to install a 114-kilowatt array on the Ronald McDonald House in San Diego, was funded within six hours by 171 investors. Parish, 31, a co-founder of the Energy Action Coalition
, decided after the failure of the 2009 climate talks in Copenhagen that the best way to drive a clean energy transition was to dive into the renewable energy business. In an interview with Yale Environment 360
, Parish talks about why his generation has pursued environmental goals through entrepreneurship, how crowdfunding can fuel the solar revolution, and how he discovered “that sweet spot where making money and doing good overlap.” Read the interview
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
A three-part series Tainted Harvest
looks at the soil pollution crisis in China, the threat it poses to the food supply, and the complexity of any cleanup. Read the series.
is now available for mobile devices at e360.yale.edu/mobile
The Warriors of Qiugang
, a Yale Environment 360
video, chronicles a Chinese village’s fight against a polluting chemical plant. It was nominated for a 2011 Academy Award for Best Documentary Short.
Watch the video.
Top Image: aerial view of Iceland
. © Google & TerraMetrics.
, winner of the Yale Environment 360 Video Contest, documents the work of African researchers monitoring wildlife in Uganda's remote Bwindi Impenetrable National Park. Watch the video.