Unstoppable move to renewable energy offers investment promise
“with the needs for energy security and energy demand from countries like China, the move to renewables is unstoppable, and you’re increasingly seeing renewable energy companies that are good value,”
China Goes Green, Keeps Bankers and Investors Busy – WSJ.com. By NISHA GOPALAN, 6 sept 10, Propelled in part by the backing of powerful Beijing bureaucrats, green-themed Chinese companies are set to reap billions of dollars from public offerings to new investors in coming months…. Continue reading
Facebook under fire for using coal-powered electricity
Facebook faces campaign to switch to renewable energy Social networking site under fire over intention to run giant new data centre mainly on coal-powered electricity John Vidal, guardian.co.uk, 1 September 2010 Social networking website Facebook is coming under unprecedented pressure from its users to switch to renewable energy. Continue reading
USA using less fossil fuels, and more renewables
Hey kids, we used less energy and more renewable tech in 2009! | ZDNet, By Heather Clancy | August 30, 2010, Well, here’s a refreshing bit of news for a Monday afternoon: A new data set released by the Lawrence Livermore National Laboratory reports that we used a lot less coal and petroleum last year, compared with 2008. Meanwhile, there were demonstrable increases in the use of renewable energy sources, especially generation systems based on wind technologies.
The researchers attribute the decrease in coal and petroleum use to lower electricity demand, a shift to natural gas as a fuel source, and wind power production offsets……Hey kids, we used less energy and more renewable tech in 2009! | ZDNet
Hot summer causing costly cutbacks of nuclear power
Last week, TVA violated its permit with the Alabama Department of Environmental Management when the river temperature topped 90 degrees……..
Hot river forces costly cutback for TVA | Chattanooga Times Free Press, By: Dave Flessner 23 Aug 2010, The Tennessee Valley Authority has lost nearly $50 million in power generation from its biggest nuclear plant because the Tennessee River in Alabama is too hot. Unless the summer cools down, TVA could lose millions of dollars more, pushing up fuel costs and consumer electric bills even after seven consecutive monthly increases. Continue reading
USA’s grand solar opportunity depends on USA Senate
One factor could snarl that time line: the expiration of federal incentives, specifically the Treasury Dept.’s cash grant program, which currently covers 30% of a project’s costs, as long as construction has begun by the end of 2010. SEIA and other groups are pushing to have the qualifying construction start date extended by two years, to the end of 2012…….
Members of the US Senate Finance Committee didn’t return calls asking when they would vote on extending the program…….
Solar power: Brighter long-term investment outlook, The Economic Times, 29 Aug 2010, With utilities adopting standards to increase the amount of solargenerated electricity in coming years, the US could bolster its presence in the global solar-power market. The quickening growth pace could present attractive opportunities for investors, Continue reading
Climate change effects could stop nuclear industry
.the effects of climate change could make it to impossible to run nuclear reactors.
The Nuclear Industry Needs A Cap On Carbon To Survive, Wonk Room 26 Aug 2010, “……..the effects of climate change could make it to impossible to run nuclear reactors. For example, the Tennessee Valley Authority (TVA) has drastically reduced power generation at the Browns Ferry nuclear plant this summer: The Tennessee Valley Authority has lost nearly $50 million in power generation from its biggest nuclear plant because the Tennessee River in Alabama is too hot Continue reading
Thousands of jobs in Renewable Energy flow from Feed-In Tariff
If we look to those places where renewable energy JOBS are already employing tens of thousands of people, places such as nearly all of Europe and most of Asia; and did I mention Wisconsin? Yes, Wisconsin! -…..That is the Feed-In Tariff. It is the one item that is proven to make it all work.
Renewable energy can be the source of JOBS, Review Messenger, By Richard Carter. 24 Aug 2010, It’s certainly no secret, the economy needs JOBS, especially in rural Minnesota.There is a source of jobs which could help. Those JOBS come from renewable energy: solar electric, solar hot water, solar hot air, and wind. Continue reading
Desert solar farms could use self-cleaning solar panels
The researchers found that 90 percent of deposited dust can be removed by the transparent screen in fewer than 60 seconds.
Self-cleaning solar panels could find use in the dusty environs of Arizona, the Middle East or Mars, Scientific American, By Larry Greenemeier, Aug 22, 2010, The best places to collect solar energy are also some of the dustiest on Earth and beyond, a quandary that leads to inefficiencies in how well the cells are able to convert strong sunlight into renewable electricity. The solution, according to new research, is to coat solar cells with material that enables them to chase away dirt particles on their own with the help of dust-repelling electrical charges. Continue reading
Grave risks of earthquakes and floods in a nuclear powered India
the disaster management structure in the country, as per his opinion, is not well tailored in meeting radiological fall out and more unfortunate to mention that even educated section of the people is not well aware about the implications of a serious nuclear disaster.
India’s Sham Nuclear Liability Bill, By Toxic Watch, 22 August, 2010, Countercurrents.org “…….The Bill remains silent on the grave issues raised by Prabeer Kumar Basu, Secretary, Agriculture who mentioned before the Committee that the disaster management structure in the country is oriented in such a manner that emergencies arising out of floods, earthquakes and droughts could be managed in an efficient manner.
However, on the other hand, unfortunately the disaster management structure in the country, as per his opinion, is not well tailored in meeting radiological fall out and more unfortunate to mention that even educated section of the people is not well aware about the implications of a serious nuclear disaster.
He therefore, felt that more public awareness needs to be built in respect of nuclear disaster and its hair-raising impact on biological population. He further pointed out that as a consequence of a nuclear disaster of the Chernobyl type, it is quite possible that agricultural crops around 30 to 100 kms. from the site of the incident could be wiped out total………
Further revealing the criminal negligence of the drafters of the Bill, Prabhat C Chatirvedi, Secretary, Ministry of Labour and Employment while referring to Clause 5 (1)(i) which provides for non-liability of operator for any nuclear damage arising out of a grave natural disaster of an exceptional character pointed out that grave natural disaster should not include earthquakes or floods. He advised the Committee that if nuclear plant is placed in a seismic zone, it should be properly designed to withstand earthquake of severe character.
India’s Sham Nuclear Liability Bill By Toxic Watch
Renewable energy growth outpaces coal, gas and nuclear
Both the US and Europe added more renewable power capacity in 2009 than they added coal, gas, and nuclear capacity. Globally, 80,000 megawatts of renewable capacity was added, with China adding nearly half the total
Renewable Energy Investment is Growing – 24/7 Wall St., Paul Ausick, 21 Aug 2010, An international policy network called the Renewable Energy Policy Network for the 21st Century, or REN21, has released its global status report for 2010. Continue reading
Huge tidal energy project successfully started
Tidal energy has the potential to be a billion dollar industry in Maine within the next seven to ten years, creating hundreds of jobs.
Largest Ocean Energy Device Ever Installed In U.S. Waters Generates Electricity at Design Capacity Advanced Technology Revolutionizes the U.S. Ocean Energy Industry Renewable Energy World, August 18, 2010, PORTLAND, ME, Ocean Renewable Power Company (ORPC), an industry leader in tidal, river and deep-water ocean current energy technology and projects, announced today that its Beta Power System, the largest ocean energy “power plant” ever installed in U.S. waters, has successfully generated grid-compatible power from tidal currents at its Cobscook Bay site in Eastport, Maine…….. Continue reading
Domini Social Investments will invest in energy, but not nuclear
Before nuclear power can be seriously considered to be an effective answer to climate change, we need to solve the nuclear waste problem and we need to address the link between nuclear power and nuclear weapons proliferation.
To date there is no way to distinguish between the uranium enrichment process that is necessary to fuel a nuclear power plant and the enrichment of uranium for use in a nuclear bomb.
Domini does believe that companies with stronger social and environmental profiles should perform better in the long term, and that the use of social and environmental factors can help manage certain types of investment risk.
Social funds: BP, the 1960s, and greed | The Energy Collective, August 16, 2010 by Marc Gunther“.…..I heard from Adam Kanzer, who is managing director and general counsel at Domini Social Investments.….. Continue reading
Russia censoring news about wildfires and radiation
Shoigu also demanded that those who reported on the spread of radiation fro fires burning in contaminated areas be made known to authorities.
As a consequence, public information about fires in areas posing a potential radiation hazard were ripped down from government websites,
Russia emergency minister threatens to ‘deal with’ those spreading radiation ‘rumours’ about wildfires in contaminated areas NEW YORK/ST PETERSBURG –Bellona, Charles Digges, Alexander Shurshev contributed from St. Petersburg , 17Aug 2010, Russian emergency officials have come up with a novel tool to smother the spate of heat wave caused wildfires that threaten to tear through radioactively contaminated forests and lands during the country’s hottest summer, releasing radiation: pull information about fires in radioactively contaminated areas and threaten punishment for those spreading “rumours.” Continue reading
Global warming demands massive effort to prevent global disasters
The events of this summer show how vulnerable our societies are to weather-related extremes. But what we see now is happening after only 0.8C of global warming. With swift and decisive action, we can still limit global warming to a total of 2C or a bit less. Even that much warming would require a massive effort to adapt to weather extremes and rising sea levels, which needs to start now.
Will this summer of extremes be a wake-up call? This decade has been marked by a number of weather extremes – which show how vulnerable our societies are• 2010 could be among warmest years recorded by man Stefan Rahmstorf * guardian.co.uk, 16 August 2010 Continue reading
Russia’s top nuclear centre surrounded by fires
“Wildfires have surrounded the nuclear centre from all sides,” said Sergei Kiriyenko, head of Russia’s state nuclear corporation, Rosatom, on Sunday.
Russian nuclear centre still under threat, THE HINDU, Vladimir Radyuhin, 16 Aug 2010, Russia’s main nuclear centre in the town of Sarov in central Russia is still threatened by forest fires after two weeks of desperate efforts to bring the situation under control. Continue reading
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