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What Is a 'Windfall' Profit? - WSJ.com - 0 views

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    The "windfall profits" tax is back, with Barack Obama stumping again to apply it to a handful of big oil companies. Which raises a few questions: What is a "windfall" profit anyway? How does it differ from your everyday, run of the mill profit? Is it some absolute number, a matter of return on equity or sales -- or does it merely depend on who earns it? Enquiring entrepreneurs want to know. Unfortunately, Mr. Obama's "emergency" plan, announced on Friday, doesn't offer any clarity. To pay for "stimulus" checks of $1,000 for families and $500 for individuals, the Senator says government would take "a reasonable share" of oil company profits.
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Rhein on Energy and Climate : Bright Prospects for PV electricity - 0 views

  • The leading Norwegian manufacturer of photovoltaic cells and panels expects PV power generation costs to decline to only 8 cents/kWh as of 2010, provided installations benefit from at least 1800 hours/year of sunshine. That is the case in the countries around the Mediterranean, the southern parts of the USA, India, China, Australia and many other parts of the planet.
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Research Recap » Blog Archive » Solar Power Could Supply 69% of US Electricit... - 0 views

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    A massive switch from coal, oil, natural gas and nuclear power plants to solar power plants could supply 69% of the US's electricity and 35% of its total energy by 2050, according to Scientific American. However, $420 billion in subsidies from 2011 to 2050 would be required to fund the infrastructure and make it cost-competitive, the publication says in "A Solar Grand Plan" presented in its January 2008 issue.
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U.S. Secretary of Energy Steven Chu waves the banner for energy revolution - 0 views

  • U.S. Secretary of Energy Steven Chu, a Nobel laureate and professor emeritus of Physics at Stanford, returned to campus Monday to speak about the role of clean energy in combating global climate change. A sustainable energy revolution, he said, is not only vital in mitigating climate change, but is a critical step in ensuring U.S. economic competitiveness.
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NREL: News - EPA, NREL Partner to Develop Renewable Energy on Potentially Contaminated ... - 0 views

  • The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) are evaluating the feasibility of developing renewable energy production on Superfund, brownfields, and former landfill or mining sites.
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Five myths about green energy - 2 views

  • Yes, "green" energy has great emotional and political appeal. But before we wrap all our hopes -- and subsidies -- in it, let's take a hard look at some common misconceptions about what "green" means.
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Wind Power in New York: All Hot Air? | celsias° - 0 views

  • "It really is renewable energy gone wrong," said the Franklin County district attorney, Derek P. Champagne, who began a criminal inquiry into the Burke Town Board last spring and was quickly inundated with complaints from all over the state about the wind companies. "It's a modern-day gold rush," he said.
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ZCommunications | The Search for BP's Oil by Naomi Klein | ZNet Article - 1 views

  • Normally these academics would be fine without our fascination. They weren't looking for glory when they decided to study organisms most people either can't see or wish they hadn't. But when the Deepwater Horizon exploded in April 2010, our collective bias toward cute big creatures started to matter a great deal. That's because the instant the spill-cam was switched off and it became clear that there would be no immediate mass die-offs among dolphins and pelicans, at least not on the scale of theExxon Valdez spill deaths, most of us were pretty much on to the next telegenic disaster. (Chilean miners down a hole—and they've got video diaries? Tell us more!)
  • Mike Utsler, BP's Unified Area Commander, summed up its findings like this: "The beaches are safe, the water is safe, and the seafood is safe." Never mind that just four days earlier, more than 8,000 pounds of tar balls were collected on Florida's beaches—and that was an average day. Or that gulf residents and cleanup workers continue to report serious health problems that many scientists believe are linked to dispersant and crude oil exposure.
  • For the scientists aboard the WeatherBird II, the recasting of the Deepwater Horizon spill as a good-news story about a disaster averted has not been easy to watch. Over the past seven months, they, along with a small group of similarly focused oceanographers from other universities, have logged dozens of weeks at sea in cramped research vessels, carefully measuring and monitoring the spill's impact on the delicate and little-understood ecology of the deep ocean. And these veteran scientists have seen things that they describe as unprecedented. Among their most striking findings are graveyards of recently deceased coral, oiled crab larvae, evidence of bizarre sickness in the phytoplankton and bacterial communities, and a mysterious brown liquid coating large swaths of the ocean floor, snuffing out life underneath.
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  • All this uncertainty will work in BP's favor if the worst-case scenarios eventually do materialize. Indeed, concerns about a future collapse may go some way toward explaining why BP (with the help of Kenneth Feinberg's Gulf Coast Claims Facility) has been in a mad rush to settle out of court with fishermen, offering much-needed cash now in exchange for giving up the right to sue later. If a significant species of fish like bluefin does crash three or even ten years from now (bluefin live for fifteen to twenty years), the people who took these deals will have no legal recourse.
  • A week after Hollander returned from the cruise, Unified Area Command came out with its good news report on the state of the spill. Of thousands of water samples taken since August, the report stated, less than 1 percent met EPA definitions of toxicity. It also claimed that the deepwater sediment is largely free from BP's oil, except within about two miles of the wellhead. That certainly came as news to Hollander, who at that time was running tests of oiled sediment collected thirty nautical miles from the wellhead, in an area largely overlooked by the government scientists. Also, the government scientists measured only absolute concentrations of oil and dispersants in the water and sediment before declaring them healthy. The kinds of tests John Paul conducted on the toxicity of that water to microorganisms are simply absent.
  • Coast Guard Rear Adm. Paul Zukunft, whose name is on the cover of the report, told me of the omission, "That really is a limitation under the Clean Water Act and my authorities as the federal on-scene coordinator." When it comes to oil, "it's my job to remove it"—not to assess its impact on the broader ecosystem. He pointed me to the NOAA-led National Resource Damage Assessment (NRDA) process, which is gathering much more sensitive scientific data to help it put a dollar amount on the overall impact of the spill and seek damages from BP and other responsible parties.
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    Normally these academics would be fine without our fascination. They weren't looking for glory when they decided to study organisms most people either can't see or wish they hadn't. But when the Deepwater Horizon exploded in April 2010, our collective bias toward cute big creatures started to matter a great deal. That's because the instant the spill-cam was switched off and it became clear that there would be no immediate mass die-offs among dolphins and pelicans, at least not on the scale of theExxon Valdez spill deaths, most of us were pretty much on to the next telegenic disaster. (Chilean miners down a hole-and they've got video diaries? Tell us more!)
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Aerotecure International - Home - 0 views

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    Aerotecture International seeks to radically transform the dominant paradigm of energy production and consumption around the globe. Blending the concepts of aerodynamics and architecture, Aeroturbines are wind electric turbines designed to be attached to buildings or integrated into the very form of buildings. With Aeroturbines, buildings and other structures will not only consume electricity, but produce it on-site.
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The future of biofuels is not in corn - 0 views

  • The future of biofuels is not in corn, says a new report released today by Food & Water Watch, the Network for New Energy Choices, and the Vermont Law School Institute for Energy and the Environment. The corn ethanol refinery industry, the beneficiary of new renewable fuel targets in the proposed energy legislation as well as proposed loan guarantee subsidies in the 2007 Farm Bill, will not significantly offset U.S. fossil fuel consumption without unacceptable environmental and economic consequences.
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Environmental Capital - WSJ.com : Burned by Biofuels: McCain, Other Politicos, Turn on ... - 0 views

  • John McCain and more than a score of fellow Republicans called on the Environmental Protection Agency to scupper, or at least reconsider, the ethanol mandates passed in the last energy bill. The bill calls for a five-fold increase in U.S. ethanol production through 2022. President Bush reiterated the need for more “renewable fuels” in his Rose Garden climate speech last month.
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Renewable Energy to Grow Rapidly Over the Next 28 Years, Says EIA - 0 views

  • Renewable energy will be the fastest-growing source of energy throughout the world over the next 28 years, helping to meet a projected 49% increase in world energy use, according to DOE's Energy Information Administration (EIA).
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EIA - Press Releases - EIA Assesses Impact of Economic Growth, Oil Prices, and Future P... - 0 views

  • The U.S. Energy Information Administration (EIA) today released the complete version of the Annual Energy Outlook 2010 (AEO2010), which includes 38 sensitivity cases that show how different assumptions regarding market and policy drivers affect the Reference case projections that EIA previously released in December, 2009. In addition to considering alternative scenarios for oil prices, economic growth, and the uptake of more energy-efficient technologies, the AEO2010 includes cases that examine the impact of changes in selected policies, such as the extension of existing policies that are currently scheduled to sunset as well as the sensitivity of natural gas shale production to variations in drilling activity and the size of the resource base.
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U.S. Energy Consumption in the 21st Century | Solar Feeds - 0 views

  • The U.S. Department of Energy’s Energy Information Administration projects energy consumption only through 2035. This is probably intelligent–crystal balls start to get a little hazy once you get past 25 years out.
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Energy and Environment Monitor: Summary of EPRI Prism/MERGE 2009 Analyses Report: EPRI ... - 0 views

  • In 2007, the Electric Power Research Institute (EPRI) released its first “Prism” model and Model for Estimating the Regional and Global Effects of Greenhouse Gas Reductions (MERGE). 
  • EPRI updated both analyses in 2009 to reflect economic and technological changes that have the potential to affect projected emissions and the technologies to address them. 
  • The Prism analysis projects that by 2030, 60% of the total U.S. generation mix would consist of low- or non-CO2 emitting generation
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R-Squared Energy Blog: Americans Responding to $4 Gasoline - 0 views

  • At Four Dollars per Gallon Almost Three Quarters of Americans Report Changing Driving Habits to Cope with Gas Prices
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    Spot evidence that the price elasticity for oil may be higher than for electricity.
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Alternative Energy eMagazine - | AltEnergyMag - 0 views

  • A robust transmission system is the cornerstone for large-scale integration of wind power in the United States. Therefore, perhaps the greatest barrier to achieving this goal is building new transmission to connect the large amounts of location-constrained wind resources to the load centers. Another goal-limiting factor is the lack of appropriate market rules across the various interconnections in the US. Furthermore any reversal of policy decisions made at Federal and State levels (e.g. Renewable Portfolio Standards) in support of renewable energy could send the wrong signal to the industry causing uncertainty in the markets, potentially stalling the investments in new wind plants. The reality is that there are five election cycles between now and 2030 so it is important that wind energy related policies are sustained during this period.   Other potential barriers to achieving this 20-by-2030 goal include: a surge in the global demand for wind energy which could limit the supply of turbines in the US; another financial crisis during the next two decades which affects the credit and investment markets; and lastly the lack of skilled work force to operate power systems with high penetration of variable generation.
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FT.com / Special Reports - The case for investing in 'smart grids' - 0 views

  • Many politicians are supportive, not least Barack Obama, the US president, who in October promised $3.4bn in grants to pay for smart grid equipment.However, an investment on that scale does no more than lay the foundations: a full smart grid for the US will require an investment that is orders of magnitude greater. The commercial and regulatory framework to deliver that investment has not yet been developed.
  • The epithet “smart” can be applied to a wide range of network technologies. But among industry leaders, there is broad agreement about what a smart grid entails: the use of intelligent devices at all points in the electricity network, from the high-voltage transmission lines to appliances in the home, that can send information and receive instructions.
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Ford's EV Charging System Allows Driving Using Only Renewable Energy | CleanTechies Blo... - 0 views

  • Ford Motor Company has developed an intelligent charging system that previews how its production vehicles will interact with the grid. The unnamed system enables all-electric and plug-in hybrid vehicle owners to restrict charging to when electricity prices fall below a certain threshold, or even “when the grid is using only renewable energy such as wind or solar power,” according to Ford.
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Utility energy storage no longer just giant batteries | Green Tech - CNET News - 0 views

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    The Department of Energy on Tuesday announced that $620 million in stimulus funding is going to 32 smart-grid programs, which will be coupled with another $1 billion in private money. A total of $770 million from government and industry sources in the next few years will go to energy storage, giving a number of storage technologies a dose of real-world experience.
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