Crowdfunding for local power

New Era Colorado

New Era Colorado

With corporate social responsibility and the “less bad” initiatives of corporations crowding today’s sustainable business headlines, it’s not every day you get a story like this.

It’s the story of a hugely successful David vs. Goliath Indiegogo crowdfunding campaign fighting against Xcel Energy’s efforts to help undermine localized power in Boulder, CO, with what opponents are calling a misleading and disingenuous ballot initiative.

Yes, that’s Xcel Energy, regarded as one of the most progressive energy utilities in the United States. The same investor-owned utility that, according to grassroots group New Era Colorado Foundation, is unable or unwilling to do what their municipal energy utility will do to phase out the high levels of coal power production linked to CO2 emissions, and subsequently climate change.

Although a large part of Boulder’s localized alternative energy is planned as natural gas, which also creates CO2 emissions, New Era Colorado insists their municipal utility would still have about half of the fossil fuels Xcel Energy is planning in its energy portfolio for the next 25 years. Most importantly, more successful models for municipal power could take root in other cities across the country, placing additional power production back in the hands of the communities consuming it.

Perhaps their Indiegogo campaign video tells the story best:

The headline from an Upworthy article (or should I say video re-post) that helped spread the news – “A Bunch Of Young Geniuses Just Made A Corrupt Corporation Freak Out Big Time” – seemed better fitted for a student-run high school paper. But that did not seem to matter. The campaign had more than tripled its goal with two weeks left.

To be sure, some important cheerleaders are taking note.The news was widely posted on social media channels, including by friend of Sustainable Industries, Hunter Lovins.

Xcel Energy supplies electric power and natural gas service in Colorado, Kansas, Michigan, Minnesota, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, and Wisconsin.

Source: Sustainable Industries – SI Admin – Sep 6 2013
Link: http://www.sustainableindustries.com/articles/2013/09/crowdfunding-local-power

Tags: , , , , , ,

HEADLINE NEWS

Los Angeles TimesCrowdfunding campaign's goal: Buy Twitter, then ban TrumpLos Angeles TimesFormer undercover CIA agent Valerie Plame Wilson is looking to raise enough money to buy Twitter so President Trump can't use it. Wilson launched the crowdfunding campaign last week, t [...]

ForbesHow One Startup Raised 10 Times Its Original Crowdfunding GoalForbesRunning a successful crowdfunding campaign isn't easy. The odds are heavily stacked against you, as very few end up succeeding. "Statistically, up to 89% of campaigns fail. Kickstarter has the highest [...]

ForbesThe Ultimate Pre-Launch Crowdfunding ChecklistForbesCrowdfunding is not limited to the platform where you launch your campaign. Instead, it has become a valuable way to transform your idea into a mainstream business. In order to head in that direction, you must execute a number [...]

SCORE: Dos and don'ts for crowdfunding small businessesPost-BulletinI shared in my last week's column that financing was a common issue small-business clients bring to SCORE mentors. A reader from that column emailed me and said, "You mentioned crowdfunding as an option [...]

ForbesCrowdfund Strategies - Mifold Hit Gold On Indiegogo But It Was VC And Angel That Made It PossibleForbesFast forward to 2015, and Sumroy is launching his product – now dubbed Mifold – on the Indiegogo crowdfunding site. “July 14 was the most exciting day of my life,” he recalls. [...]

Wicked Local LexingtonKids' tech literacy crowdfunding campaign a successWicked Local LexingtonResponding to a crowdfunding campaign by the Cary Memorial Library Foundation to raise $5,000 in five weeks, 82 generous Lexington donors and others helped surpass the goal, giving more [...]

U.S. News & World ReportNo Cash for Hate, Say Mainstream Crowdfunding FirmsU.S. News & World ReportThe block on mainstream crowdfunding is just the latest blow to far-right activists operating online. In the last 24 hours, neo-Nazi website the Daily Stormer had its domain regi [...]

Digital Arts Media Network, Inc. Purchases An Equity Stake in Cannabis Crowd Funding Company, Fundanna, Inc.Nasdaq23, 2017 (GLOBE NEWSWIRE) -- Digital Arts Media Network, Inc. (OTCMKTS:DATI), a specialized tech accelerator leveraging the Public Accelerator-Incubator (PAI) model, has c [...]

WFAAMore Dallas teachers turn to crowdfunding for classroom suppliesWFAATight budgets mean more Dallas area teachers are seeking out crowdfunding options to obtain the supplies their students need. The site DonorsChoose.org featured 371 active projects marked "urgent" for Da [...]

Eater LondonFat Macy's Launch Crowdfunding Campaign to Open Restaurant in PeckhamEater LondonFat Macy's — a food social enterprise which aims to train young Londoners living in temporary housing — have launched a crowdfunding campaign. Their aim is to raise £55,141 to fund a [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

CrowdFund Beat Media

Cryptocurrency is Wild West of Finance lnkd.in/gJF4zqe

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |