Group items tagged

Big Stone II's demise is not a bad sign for wind, it is the opposite. Now is the opportunity to move ahead to the next economy, not to worry about what we lost with a big polluter. Let's give this gift to our future generations - a better future. Take a deep breath and let's take a look at what the next energy economy will look like. We will move to an entirely non-fossil fuel economy based on solar and wind. We will have 89,000 solar photovoltaic and concentrated solar panels, 1.7 million rooftop PV systems to reduce combustion on most of our houses and perhaps solar water as well. We will have 3.8 million wind turbines worldwide taking up a total area smaller than the size of Manhattan. When the wind doesn't blow in South Dakota, it blows in North Dakota, or Nebraska, or the steppes of Russia. Distributed wind is where we should be headed. And hydro-power can "firm" intermittent wind - we have plenty of dams on the Missouri.

Big Stone II's demise is not a bad sign for wind, it is the opposite. Now is the opportunity to move ahead to the next economy, not to worry about what we lost with a big polluter. Let's give this gift to our future generations - a better future. Take a deep breath and let's take a look at what the next energy economy will look like. We will move to an entirely non-fossil fuel economy based on solar and wind. We will have 89,000 solar photovoltaic and concentrated solar panels, 1.7 million rooftop PV systems to reduce combustion on most of our houses and perhaps solar water as well. We will have 3.8 million wind turbines worldwide taking up a total area smaller than the size of Manhattan. When the wind doesn't blow in South Dakota, it blows in North Dakota, or Nebraska, or the steppes of Russia. Distributed wind is where we should be headed. And hydro-power can "firm" intermittent wind - we have plenty of dams on the Missouri.

Technology Review has a post on the benefits and challenges facing a new clean energy economy - The Clean Energy Economy: A New Industrial Revolution Rising From Challenging Times. In the last five years, many venture capitalists (myself included) have committed to backing entrepreneurs who aspire to build the next generation of clean energy companies that will endure. Thousands of companies have formed to harness alternative forms of energy like wind, solar and biofuels; and to reduce man's carbon footprint. Billions of dollars have been poured into this fledgling entrepreneurial ecosystem with the vision of creating significant wealth, millions of jobs, and energy security for our nation. When the Telecommunications Act of 1996 was passed, entrepreneurs focused on the communications sector, and within a decade companies like Google, Yahoo and EBay became household names and changes heretofore unseen since the Industrial Revolution occurred. It's time for another Industrial Revolution, fueled by clean energy.

competitiveness WASHINGTON - Building on the action by the U.S. House of Representatives in passing historic legislation that will pave the way for the transition to a clean energy economy, President Barack Obama and U.S. Energy Secretary Steven Chu today announced aggressive actions to promote energy efficiency and save American consumers billions of dollars per year. Today's announcement underscores how the clean energy revolution not only makes environmental sense, but it also makes economic sense - creating jobs and saving money. "One of the fastest, easiest, and cheapest ways to make our economy stronger and cleaner is to make our economy more energy efficient," said President Obama. "That's why we made energy efficiency investments a focal point of the Recovery Act. And that's why today's announcements are so important. By bringing more energy efficient technologies to American homes and businesses, we won't just significantly reduce our energy demand; we'll put more money back in the pockets of hardworking Americans."

* CO2 credits could help consumers -Congress budget arm * Senate Democrat in oil state worries about refinery jobs By Timothy Gardner WASHINGTON, Oct 14 (Reuters) - A U.S. cap-and-trade market on greenhouse gases should be designed carefully to avoid unfair economic pain in fossil fuel industries and other parts of the economy, experts told lawmakers on Wednesday. The aim of a cap-and-trade market on greenhouse gases at the center of the climate bill introduced by Senate leaders this month would transform the economy from being based on fossil fuels to more nuclear and renewable power. "The shifts will be significant," Douglas Elmendorf, director of the Congressional Budget Office, told a U.S. Senate Committee on Energy and Natural Resources hearing.

* CO2 credits could help consumers -Congress budget arm * Senate Democrat in oil state worries about refinery jobs By Timothy Gardner WASHINGTON, Oct 14 (Reuters) - A U.S. cap-and-trade market on greenhouse gases should be designed carefully to avoid unfair economic pain in fossil fuel industries and other parts of the economy, experts told lawmakers on Wednesday. The aim of a cap-and-trade market on greenhouse gases at the center of the climate bill introduced by Senate leaders this month would transform the economy from being based on fossil fuels to more nuclear and renewable power. "The shifts will be significant," Douglas Elmendorf, director of the Congressional Budget Office, told a U.S. Senate Committee on Energy and Natural Resources hearing.

"Energy-never has a political topic had so many bold words expended on it with so little to show. As Jon Stewart pointed out in his usual skewering fashion last week, the last eight American presidents promised to move America off oil and onto renewable energy, and all we have to show for it is increasing dependence on foreign petroleum, rising carbon emissions and an out of control gusher in the Gulf of Mexico. Energy is one of those bipartisan issues that any politician can dust off-usually whenever gasoline prices have gotten a little high-promise to change and then promptly drop until the next crisis. Most of our politicians seem to lack what you'd need to really change how America uses energy: the will to take on the strong fossil fuel lobby and the persistence to see changes through over the long-term. But we all bear responsibility for that failure, because we fail to see-and take-the hard choices that would be necessary. We'd rather live in energy fairyland, as a new New York Times/CBS News poll demonstrates. The poll surveyed the attitudes of Americans-with specific attention on Gulf coast residents-toward the oil spill, energy policy, the economy, President Barack Obama and BP. The news is not good for Obama-the economy and employment remain the top concerns of Americans, bigger than the oil spill, but 54% of the public says he does not have a clear plan for creating jobs, and 48% of the public disapproves of his handling of the economy. 60% of Americans think the country is on the wrong track."

President-elect Barack Obama and leaders in Congress are fashioning a plan to pour billions of dollars into a jobs program to jolt the economy and lay the groundwork for a more energy-efficient economy. The details and cost of the so-called green-jobs program are still unclear, but a senior Obama aide, speaking on the condition of anonymity to discuss a work in progress, said it would probably include the weatherizing of hundreds of thousands of homes, the installation of "smart meters" to monitor and reduce home energy use, and billions of dollars in grants to state and local governments for mass transit and infrastructure projects.

U.S. PRESIDENT-ELECT BARACK OBAMA: The pursuit of a new energy economy requires a sustained all-hands-on-deck effort, because the foundation of our energy independence is right here in America, in the power of wind and solar, in new crops and new technologies, in the innovation of our scientists and entrepreneurs and the dedication and skill of our workforce. Those are the resources that we have to harness to move beyond our oil addiction and create a new hybrid economy. The team that I have assembled here today is uniquely suited to meet the great challenges of this defining moment.

And, Solving it Presents Opportunities for a New Economy While the automobile companies deserve some blame for the problems in their industry, there is blame to spread around. The root cause of the biggest problems is the alliance between big corporations and government which has led to poor decision-making in Washington. It is embarrassing to hear Congress put all the blame on the Detroit triopoly and not acknowledge their irresponsible behavior in bowing to corporate pressures. Solving the auto industry problems is an opportunity to begin to shape a more effective new economy that changes the relationship between corporations and government as well as share's the wealth more equitably. The Causes of the Auto Crisis

As the CEOs of Detroit's Big Three automakers pleaded for a $25 billion bailout from Congress this week, conservatives have been looking for an easy culprit to blame for the auto industry's seeming collapse. First it was the unions. Now conservatives have turned their attention to the modest fuel economy (CAFE) standards - fleetwide average of 35 miles per gallon by 2020 - imposed in last year's Energy Independence and Security Act. Last night on Fox News, former Massachusetts governor Mitt Romney echoed other conservatives in pointing the finger at the fuel economy changes: - MITT ROMNEY: Well, government did [cause a lot of this]. There's no question but that the CAFE standards have put an unusual burden on the domestic automobile manufacturers. And our energy policies as a country continue to put burdens on domestic manufacturers. That's just - that's reality. [11/19/08]

THE graphs climbing across these pages (see graph in detail, or explore the data) are a stark reminder of the crisis facing our planet. Consumption of resources is rising rapidly, biodiversity is plummeting and just about every measure shows humans affecting Earth on a vast scale. Most of us accept the need for a more sustainable way to live, by reducing carbon emissions, developing renewable technology and increasing energy efficiency. But are these efforts to save the planet doomed? A growing band of experts are looking at figures like these and arguing that personal carbon virtue and collective environmentalism are futile as long as our economic system is built on the assumption of growth. The science tells us that if we are serious about saving Earth, we must reshape our economy.

Newsweek has an article on how "cleaner energy can create jobs and reignite global growth" - Why It's Time for a 'Green New Deal'. In rented offices on a quiet side street in Paris, not far from the Eiffel Tower, analysts for the International Energy Agency spend long days and nights crunching numbers about oil production and greenhouse-gas emissions. They're the staid, sober global accountants who watch over the power supply for the 30 rich countries that are members of the Organization for Economic Cooperation and Development, and their many reports are dry and technical. But lately, the group's pronouncements have taken on more ominous overtones. With a sense of urgency bordering on desperation, the IEA has begun calling for radical changes in the way the world drives its cars, its factories and, indeed, the global economy. This month the agency will issue a collection of comprehensive reports declaring that "a global revolution is needed in ways that energy is supplied and used." That kind of rhetoric has become familiar to U.S. voters, who've spent months listening to both presidential candidates tout their energy plans. Barack Obama has promised to "strategically invest" $150 billion over 10 years to build a clean-energy economy, one that will create 5 million new green jobs.

The US EPA has updated its 2009 Fuel Economy Guide, a very useful guide for car shoppers or anyone who wants to win bets at their local energy geek bar. The home page for the document (with links to the editions for prior years and related material) is here, or you can directly download the 674KB PDF here.

President Obama today announced over $467 million from the American Reinvestment and Recovery Act to expand and accelerate the development, deployment, and use of geothermal and solar energy throughout the United States. The funding announced today represents a substantial down payment that will help the solar and geothermal industries overcome technical barriers, demonstrate new technologies, and provide support for clean energy jobs for years to come. Today's announcement supports the Obama Administration's strategy to increase American economic competiveness, while supporting jobs and moving toward a clean energy economy. "We have a choice. We can remain the world's leading importer of oil, or we can become the world's leading exporter of clean energy," said President Obama. "We can hand over the jobs of the future to our competitors, or we can confront what they have already recognized as the great opportunity of our time: the nation that leads the world in creating new sources of clean energy will be the nation that leads the 21st century global economy. That's the nation I want America to be."

President Barack Obama announced plans on Tuesday for a national fuel-economy and greenhouse-gas standard that would significantly increase mileage requirements for cars and trucks by 2016. Obama called it "an historic agreement to help America break its dependence on oil, reduce harmful pollution and begin the transition to a clean energy economy." The new requirements mark the first time there has been a nationwide standard for emissions of greenhouse gases. They require an average mileage standard of 39 miles per gallon for cars and 30 mpg for trucks by 2016 - a jump from the current average for all vehicles of 25 miles per gallon.

Barack Obama has created a top-notch team to guide his transition into the White House (see "Obama fills key posts on environment, energy teams"). Next, he should create a team to guide America's transition to a new energy economy. I'm not talking about the prestigious group of economic advisors Obama already has assembled to help him identify solutions to the economic meltdown. I'm talking about a team that includes experts in sustainable energy technologies, climate mitigation and adaptation, capital investment, state and local government, business, industry and labor.

We are going to have a huge economic stimulus package soon after Obama becomes President. And a big piece of it is going to be aimed at energy efficiency and renewable energy, as the NYT reported today in"Proposal Ties Economic Stimulus to Energy Plan." I have asked a bunch of my wonk ee friends for some energy efficiency ideas, which I'll be posting in the coming days. I'd love to hear some ideas from you - please try to keep them practical. Focus on spending that creates jobs in the next two years AND that either saves energy (like weatherizing low-income homes) or helps jumpstart the transition to a clean energy economy (like 'green' transmission).

Private equity company Blackstone Group LP (BX.N) CEO Stephen Schwarzman said on Tuesday that up to 45 percent of the world's wealth has been destroyed by the global credit crisis. "Between 40 and 45 percent of the world's wealth has been destroyed in little less than a year and a half," Schwarzman told an audience at the Japan Society. "This is absolutely unprecedented in our lifetime." But the U.S. government is committed to the preservation of financial institutions, he said, and will do whatever it takes to restart the economy.

There is no lack of ideas for what President Obama and the 111th Congress should do to address three of the most pressing issues they will face when they take office in January - global climate change, the energy crisis, and economic transformation. It may be winter in Washington, D.C., but it's springtime in national politics. Policy agendas are blooming like cherry blossoms. For example, last week alone, Washington, D.C. was introduced to three comprehensive plans to address economy, energy and climate. Two were issued by the Center for American Progress, headed by John Podesta, co-chair of President-elect Obama's transition team, including an excellent strategy for green recovery by Bracken Hendricks and Benjamin Goldstein.

Calamitous Web Bot Predictions George Ure and his colleague 'Cliff', two self-described "time monks," shared dire predictions based on their web bot technology. Their method captures changes in language patterns within Internet discussions. This aggregated data is then processed with software to determine various keywords, which they interpret in a predictive fashion. Beginning on October 7, 2008 and running through March 2009, they foresee a calamitous period on an epic scale. America will be beset by a variety of problems, which they broke down as 45-48% related to the economy, 40% concerning the military, and the rest associated with natural disasters. Between 2 and 22 million lives could be lost or seriously impacted, they estimated, possibly related to a "global coastal event" in 2009. On Dec. 10-12th, 2008, a large quake could hit the Pacific Northwest, they added. The two recommended developing self-sufficiency and the ability to live off the grid.

Costly as it may seem, California's mandate to cut climate-altering exhausts from vehicles and industry by nearly one-third in the next 12 years actually will boost the economy, a state analysis released Wednesday predicts. The improvements in fuel and energy efficiency and extra clean-technology jobs needed to achieve the required 30 percent emissions reduction would result in a net household savings of $400 to $500 a year and a net 0.2 percent or $4 billion gain in the total annual output of goods and services, according to the report.