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The Greener The Economy, The Greater The Economy

October 18 --  Facts can be funny things and the fact is, some people don't look at the facts when assessing the economic impacts of environmentally friendly business practices. There has been an ugly rumor floating around that sustainable energy is bad business. Witness the recent U.S. Presidential and Vice-Presidential debates in which Republican nominees Mitt Romney and Paul Ryan implied that over half the green companies receiving federal stimulus dollars have gone bankrupt (actually three out of 28), or that the funds simply amounted to "green pork." That's not likely. As the AP points out, the stimulus helped create both public- and private-sector jobs. By the way: never eat green pork. >>View Article

Start-Ups Shifting To Clean-Tech Services

October 18 -- Many entrepreneurs who once envisioned their fledgling clean-tech start-ups becoming the next big thing are now downsizing their dreams.  Newer start-ups attracting investor interest have more modest aims than their clean-tech peers of a decade ago. The new batch expect to generate revenue more quickly and cheaply, and are focusing on making existing industries more efficient and sustainable, building upon the clean-tech infrastructure such as smart meters that have become widespread. >>View Article

Falling Wind Price To Spur Gains In Next Decade, Sieminski Says

October 18 -- Adam Sieminski, head of the U.S. Energy Information Administration, said falling costs for wind power will make the alternate energy competitive with natural gas and coal, spurring expansion in the next two decades. Sieminski, whose office is independent and doesn’t set policies, said extending a tax credit for wind power, set to expire in December, would help increase use of the power. Even if that tax provision expires as scheduled, wind generation will grow, he said. View Article >>

Green Energy Creates Jobs In Tennessee

October 15 -- One of the continuing policy threads in the presidential race is whether green energy has been worth the millions of dollars the federal government has invested in the technology in hopes of generating jobs and lessening dependence on fossil fuels. In Greater Memphis, at least, green energy technology has generated jobs. >>View Article

Solar Push Could Challenge Georgia Power

October 15 -- Georgia Power’s monopoly is under attack. This year, state legislators considered a bill that would have ended that monopoly in limited situations by allowing companies to lease rooftop space for their solar panels and then sell the electricity to the property owner. Current law only allows power to be sold to utilities, and only utilities can sell to retail customers. The bill stalled, but you can look for it to be introduced again for next year’s legislative session. >>View Article

High Gas Prices Fuel Local Electric-Car Market

October 15 -- A Chevron sign advertising $3.71 gasoline on State Road A1A in Ormond-by-the-Sea might elicit a groan or exasperated sigh from many passing motorists. But not from Caroline Derensis.  "I laugh," Derensis said. "I laugh my head off." Derensis' new car has no use for gasoline. Or oil changes, for that matter. Or timing belts. >>View Article

Oklahoma Man Demonstrates Possibilities Of Solar Power

October 12 -- Jim Stober got interested in the possibilities of solar energy a couple of years ago because his wife didn't want to swim in a cold pool.  Stober quickly settled on a solar-powered heat exchanger, which harnesses the sun's energy to regulate the water temperature in the pool. “It's free to use,” he said. “Once you pay for the system, it doesn't cost you anything.” >>View Article

 


Alabama Power Agrees To 20-year Wind Power Deal With TradeWind Energy

October 12 -- Alabama Power Co. has reached a 20-year deal to purchase wind power from TradeWind Energy LLC.  The Birmingham-based utility will purchase 202 megawatts of power from the $300 million Buffalo Dunes Wind Project that will be built on 42,000 acres in rural Kansas.  The deal was approved by the Alabama Public Service Commission last month. >>View Article

 

James Cameron's 'Avatar' Films Run On Clean Energy

October 11 -- Last month, Stellar Energy announced the completion of a 960-kilowatt solar array built for Lightstorm Entertainment Inc., Mr.Cameron's production company. The array will allow filmmakers to rely exclusively on solar to power production of the Avatar sequels while offsetting over 1,034 metric tons of carbon dioxide, according to the California-based solar energy developer. >>View Article

No Wind Tax Credit Could Mean Fewer Jobs

October 11 -- Those giant wind turbines that line ridges across the Northwest have brought green energy and construction jobs to many rural areas. But some of those jobs could disappear next year. That’s if Congress does not extend a tax credit that expires in December. >>View Article

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