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Chai Reddy

U.S. Said to Be Falling Behind in 'Green' Technologies - NYTimes.com - 0 views

www.nytimes.com/...09subsidies.html

NYTimes.com u s green china japan korea

shared by Chai Reddy on 09 Jun 11 - No Cached
  • “The United States was a nearly untouched market with 120 million homes, most of them very energy-inefficient — it was a massive opportunity
  • Many European countries — along with China, Japan and South Korea — have pushed commercial development of carbon-reducing technologies with a robust policy mix of direct government investment, tax breaks, loans, regulation and laws that cap or tax emissions. Incentives have fostered rapid entrepreneurial growth in new industries like solar and wind power, as well as in traditional fields like home building and food processing, with a focus on energy efficiency.
  • A recent report by the Pew Charitable Trusts found that while the clean technology sector was booming in Europe, Asia and Latin America, its competitive position was “at risk” in the United States because of “uncertainties surrounding key policies and incentives.”
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  • The aggressive entry of Britain into the field over the last few years shows the power of government inducements to redesign a nation’s energy economy away from traditional fuel. The country’s Green Deal, as it is called, is currently being spearheaded by the Conservative-led coalition government. In Britain, reducing carbon dioxide emissions was one of the few policies supported by political parties of both the right and left, which both accepted that climate change was a serious problem and saw clean technology investment as a growth opportunity rather than an onerous obligation.
  • Dr. Arun Majumdar, senior adviser to Energy Secretary Steven Chu, said that the department’s $5 billion budget for research should be tripled as it currently financed less than 5 percent of proposed projects. He said the country needed better low-cost financing methods to bring companies into the market, as well as stricter energy-efficiency standards to stimulate customer demand.
Chai Reddy

How Seawater Can Power the World - NYTimes.com - 0 views

www.nytimes.com/...11Prager.html

NYTimes.com Seawater energy nuclear fusion

shared by Chai Reddy on 11 Jul 11 - No Cached
  • nuclear fusion
  • Fusion energy generates zero greenhouse gases. It offers no chance of a catastrophic accident. It can be available to all nations, relying only on the Earth’s oceans. When commercialized, it will transform the world’s energy supply.
  • What has been lacking in the United States is the political and economic will.
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  • Seven partners — the European Union, China, India, Japan, Russia, South Korea and the United States — have teamed up on an experiment to produce 500 million watts of fusion power for 500 seconds and longer by 2020, demonstrating key scientific and engineering aspects of fusion at the scale of a reactor.
  • A rough estimate is that it would take $30 billion and 20 years to go from the current state of research to the first working fusion reactor. But put in perspective, that sum is equal to about a week of domestic energy consumption, or about 2 percent of the annual energy expenditure of $1.5 trillion.
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