Green Jobs or Grand Illusion?

Saturday, November 8th, 2008

Will a government led green revolution galvanize the foundering economy of the United States and set the stage for a new era of growth and prosperity? The question has attracted a significant amount of attention since the financial crisis began to escalate several months ago and stuck a wrench in ...

Transit Agencies Could Be Next Casualty of Credit Crisis

Sunday, November 2nd, 2008

Transit agencies across the United States may need to find billions of dollars to repay investors as long-term financing deals disintegrate, a result of the global credit crisis that could eventually affect millions of commuters. The recent collapse of insurance giant American International Group, which facilitated major financing deals between ...

Venture Capital Investments Reach Record High

Friday, October 31st, 2008

Venture capital firms invested a record $1.6 billion in Q3 2008, up 55% from the previous quarter, in U.S. cleantech companies, according to a new analysis by Ernst & Young. A total of $3.3 billion was invested in the first three quarters of 2008, surpassing the figure for the same ...

Energy Efficiency Gains Are Cheaper than Finding New Supply in Developing World, New McKinsey Study Finds

Wednesday, October 29th, 2008

Energy efficiency has enormous promise for most developing economies. The investment yields in energy efficiency over the next two decades will generally be several times higher in the developing world, according to a new report from the McKinsey Global Institute. Developing countries could invest $90 billion annually over the next 12 ...

Notes on Global Warming

Sunday, October 26th, 2008

Proposed Climate Change Legislation by Ultimate Reductions Targets Climate change is riddled with deep uncertainty about basic questions, which results from factors such as lack of information, disagreement about what is known or even knowable, linguistic imprecision, statistical variation, measurement error, approximation and subjective judgment on the structure of the climate ...

Biofuels Are Not to Blame for High Food Prices, Study Finds

Friday, October 24th, 2008

Biofuels may not be as bad as many of its critics believed. Speculators were the principal cause for the rise in corn prices during the summer months, according to a new report by Global Insight, a Boston, Mass.-based consulting firm. In other words, biofuels are not to blame. "The record high prices ...

Fuel Cells Coming of Age

Thursday, October 23rd, 2008

Satcon Technology, a leading provider of utility scale distributed power solutions for the renewable energy market, today announced that it has partnered with FuelCell Energy Inc. and Enbridge in the production of a new, multi-megawatt hybrid energy system for natural gas pipeline operations in Ontario Canada. The new product, named the ...

Clean Energy Dodges Credit Crunch Bullet

Wednesday, October 22nd, 2008

Under the ongoing global financial crisis, a lack of available credit is causing projects to be delayed or terminated, but the clean energy sector is continuing to attract substantial amounts of investment capital. Ernst & Young noted in early October that the global "clean technology" market is expected to garner ...

The Return of the Passenger Train

Monday, October 20th, 2008

Nearly 30 million people rode Amtrak trains in the past year, the highest number of passengers to take Amtrak trains in a single year since the National Railroad Passenger Corporation began keeping records in 1971. The spike in oil prices earlier this year triggered an unprecedented rise in ...