It’s no secret that the renewable energy industry is on fire. U.S. solar generation is set to double for the 7th straight year; the country has started pumping out cellulosic ethanol, a fuel made from non-food farm waste; there are 14 offshore wind projects nearing development; clean energy jobs doubled this quarter. So there’s no doubt that this renewable energy boom is yielding economic, environmental, and national security benefits across the U.S. But there’s also no doubt that the West is leading the way.
“It's tough to make predictions, especially about the future.” -- Yogi Berra.
Thanks to POET-DSM’s Project LIBERTY, we no longer need to make predictions about cellulosic ethanol. That future is now. Yesterday, our country took a significant step forward towards a society running on clean, renewable energy. On this historic day, commercial scale production of cellulosic ethanol moved from being a promise, a prediction, to being a reality; a reality with tremendous potential for growth that will reduce our dependence on petroleum and transform how we fuel our transportation sector.
The world needs cooling – air conditioning, industrial cooling, data cooling, medical cooling as well as a ‘cold chain’ of refrigerated food storage and transport. And global demand for cooling is expected to grow significantly in the coming decades.
On July 29th, ACORE hosted a leadership meeting on the financing of third-party-owned renewable energy systems at military installations. The meeting featured the Assistant Secretary for Energy with the U.S. Army, Katherine Hammack, and the Assistant Secretary for Energy with the U.S. Navy (and former ACORE CEO!), Dennis McGinn.
A majority of us cannot fathom a world without electricity. For this reason, the means by which we harness energy is imperative. By obtaining energy though sustainable means, such as offshore wind, not only are we reducing carbon emissions associated with fossil fuel burning, but we also advance into energy independence. Reducing our hunger for fossil fuels will also decrease our vulnerability to international crises and conflicts.