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Keyword: green

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  • Tesla shares drop after cutting outlook [amends loan agreement with U.S.Energy Dept]

    09/26/2012 8:39:15 AM PDT · by Cincinatus' Wife · 37 replies
    San Francisco Chronicle ^ | September 25, 2012 | Mark Clothier
    Tesla Motors Inc., the electric-car maker led by Elon Musk, fell the most in two months after cutting its revenue outlook for the third quarter because of supplier shortcomings and other delays in the production of its Model S sedan. Tesla slid nearly 10 percent to $27.64 Tuesday after the company said in a regulatory filing that it expects to generate $44 million to $46 million in third-quarter sales, compared with analyst estimates of $83.1 million. ..........Already the company's largest shareholder, Musk may buy 33,311 more shares, the company said in the filing. Tesla, whose investors include Toyota Motor Corp....
  • U.S. poised to hand over $197 million to San Jose solar panel startup

    09/24/2012 2:50:16 PM PDT · by NormsRevenge · 23 replies
    Mercury News ^ | 9/24/12 | Nichola Groom - Reuters
    LOS ANGELES -- A tiny San Jose solar company named SoloPower will flip the switch on production at a U.S. factory Thursday, a major step toward allowing it to tap a $197 million government loan guarantee awarded under the same controversial program that supported failed panel maker Solyndra. SoloPower has initiated a strategy to differentiate it from struggling commodity players in the solar panel industry. Still, there are several similarities between SoloPower and Fremont-based Solyndra -- which became a lightning rod in the U.S. Presidential campaign this year after taking in more than $500 million in government loans and then...
  • Microsoft and Bad Green Energy

    09/24/2012 12:24:32 PM PDT · by Shout Bits · 5 replies
    Shout Bits Blog ^ | 09/24/2012 | Shout Bits
    The New York Times did a typical anti-corporate hit piece on Microsoft yesterday, implying that the tech giant is a polluter, wasted energy, and acted as an evil corporate thug against the will of rural America. Unwittingly, the Times actually exposed some of the core fallacies of the 'green' movement's shibboleths. As do Google, Amazon, and many others, Microsoft bought some rural farmland to house the computers that power its online services such as Bing and HotMail. Microsoft chose Central Washington State because the area's hydroelectric generators allow Microsoft to achieve 'carbon neutrality,' a corporate goal. While most of the...
  • Tax Credit in Doubt, Wind Power Industry is Withering

    09/21/2012 12:25:39 AM PDT · by Cincinatus' Wife · 7 replies
    New York Times ^ | September 24, 2012 | Diane Cardwell
    ........At its peak in 2008 and 2009, the industry employed about 85,000 people, according to the American Wind Energy Association, the industry’s principal trade group. About 10,000 of those jobs have disappeared since, according to the association, as wind companies have been buffeted by weak demand for electricity, stiff competition from cheap natural gas and cheaper options from Asian competitors. Chinese manufacturers, who can often underprice goods because of generous state subsidies, have moved into the American market and have become an issue in the larger trade tensions between the countries. In July, the United States Commerce Department imposed tariffs...
  • Most of Michigan is 'Poor' or 'Marginal' For Wind Energy - Greens Push On

    09/19/2012 1:56:56 PM PDT · by MichCapCon · 10 replies
    Michigan Capitol Confidential ^ | 9/17/2012 | Tom Gantert
    The newest wind turbines are nearly 500 feet tall and will be needed in Michigan to try to meet the demands of Proposal 3, the 25 percent renewable energy mandate, if voters pass the amendment in November. That's because almost the entire state of Michigan is “poor” or “marginal” for wind as a resource at 50 meters above ground (see image), according to the U.S. Department of Energy's National Renewable Energy Laboratory. The information says Michigan’s best wind opportunities at 50 meters, which would be classified as "excellent" and "outstanding," are all located offshore. The National Renewable Energy Laboratory says...
  • San Francisco Offloads Green Power Bills Onto U.S. Taxpayers

    09/19/2012 10:02:33 AM PDT · by WayneLusvardi · 3 replies
    Calwatchdog.com ^ | Sept. 19, 2012 | Wayne Lusvardi
    San Francisco must have taken a chapter out of Laer Pearce’s new book “Crazifornia.” The city’s new CleanPower SF plan garners subsidies from U.S. taxpayers for green-power purchases. Sounds crazy, doesn’t it? But you would have to be crazy not to shift your green power purchases onto U.S. taxpayers if laws provide for it. And what city wouldn’t want to do it if it could cover it up as part of their compliance with AB 32, the California Global Warming Solutions Act of 2006? San Francisco is “gaming the system,” just as Enron supposedly did in the 2001 state energy...
  • 2 Texas plants are considered for endangered list [mining, oil and gas development blamed]

    09/16/2012 5:29:12 AM PDT · by Cincinatus' Wife · 25 replies
    Houston Chronicle ^ | September 16, 2012 | Matthew Tresaugue Environment reporter
    The humble yellow flower, no bigger than a quarter, shows itself only three months a year, in places where few people will ever see it. The Texas golden gladecress, it seems, is as close as a living thing can be to not being there at all. In fact, the plant, found only in the wet glades of East Texas, has all but disappeared because of mining activity, oil and gas development and more, prompting the federal government this week to propose listing it as an endangered species.............................................
  • S.F. floats risky bet on green power

    09/14/2012 10:48:37 AM PDT · by Cincinatus' Wife · 12 replies
    San Francisco Chronicle ^ | September 13, 2012 | Staff
    San Francisco's persistent fascination with public power is up for another test. On Tuesday, the Board of Supervisors will consider an attractive but flawed plan to offer clean energy and shake up the utility landscape. At issue is a long-studied proposal that tests the public appetite for going 100 percent renewable on electric power, an option not offered by the city's only provider, Pacific Gas and Electric Co. The proposal is public-power-lite, afforded by a state law that allows a city to line up renewable energy as a consumer option. The plan, called CleanPowerSF, calls for an outside source to...
  • The Greatest Man You’ve Never Heard Of: Norman Borlaug, An American Hero

    09/13/2012 10:04:39 AM PDT · by MichCapCon · 9 replies
    Mackinac Center for Public Policy ^ | 9/12/2012 | Jarrett Skorup
    Called "arguably the greatest American in the 20th century," during his 95 years, Norman Borlaug probably saved more lives than any other person. He is one of just six people to win the Nobel Peace Prize, the Congressional Gold Medal and the Presidential Medal of Freedom. And yet Borlaug, who died three years ago today, is scarcely known in his own country. Born in Iowa in 1914, Borlaug spent most of his life in impoverished nations inventing, improving and teaching the "Green Revolution." His idea was simple: Make developing countries self sufficient in food by teaching them how to use...
  • Solyndra lawsuit: Full refund to taxpayers

    09/13/2012 2:32:38 AM PDT · by afraidfortherepublic · 10 replies
    Washington Times ^ | 9-12-12 | Jim McElhatton
    Many Americans were upset when solar-panel maker Solyndra filed for bankruptcy last September owing taxpayers more than $500 million, but retiree Robert Grady Jr. was different. The more he read about the failed company, the more irritated he became. Finally, weeks after the bankruptcy case began, Mr. Grady did something he’d never done before. He filed a claim in U.S. Bankruptcy Court. It turned out to be the biggest single claim in the case — $535 million — but it wasn’t on behalf of himself. Rather, Mr. Grady, 57, made the claim on behalf of U.S. taxpayers because he said...
  • Another U.S. Solar Manufacturer Shuts Down

    09/12/2012 8:21:26 PM PDT · by bruinbirdman · 12 replies
    Forbes ^ | 9/12/2012 | Todd Woody
    After raising more than $100 million over the past seven years, GreenVolts, a California startup that makes concentrating photovoltaic systems, has closed its doors after a major investor abruptly withdrew financial support for the company. “A sudden, and unexpected, change in direction from a major strategic investor has affected GreenVolts’ access to funding,” the company said Wednesday in a statement, referring to ABB, the Swiss power and automation giant. “The impact was at the last minute and so severe that GreenVolts cannot continue normal operation and has reduced its workforce to a small team to provide customer support and engage...
  • GM's Volt - The ugly math of low sales, high costs

    09/10/2012 5:40:25 AM PDT · by Cincinatus' Wife · 39 replies
    Reuters ^ | September 10, 2012 | Bernie Woodall and Paul Lienert and Ben Klayman
    Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts. Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher. There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce.
  • Otter Tail sells wind tower business; jobs remain uncertain

    09/07/2012 5:21:10 AM PDT · by TurboZamboni · 2 replies
    pioneer press ^ | 9-7-12 | Leslie Brooks Suzukamo
    Otter Tail Corp. said Thursday that it has sold its wind tower manufacturing business, DMI Industries, to Trinity Industries of Dallas for $20 million. The Fergus Falls, Minn.-based conglomerate, which also owns Otter Tail Power Co., said it closed on the sale of the property, plant and equipment at its Fort Erie, Ontario, plant on Thursday, Sept.6. The sale of its DMI plants in West Fargo, N.D. and Tulsa, Okla., plants will close in November and December respectively. Trinity Industries makes wind towers, rail cars and other products that require heavy metal fabrication, Otter Tail spokesman Michael Olsen said. Otter...
  • Solar energy company missed state payments over Iron Range plant

    09/05/2012 3:39:50 PM PDT · by TurboZamboni · 6 replies
    pioneer press ^ | 9-5-12 | Leslie Brooks Suzukamo
    The solar energy systems manufacturer has missed the first two payments of a $1.5 million state loan to build a factory on the Iron Range last year, but state and company officials say they're optimistic the business can still thrive if a state rebate program are extended. Silicon Energy failed to make $80,000 in schedule quarterly payments earlier this year, and it has reduced its workforce at its Mountain Iron, Minn., assembly plant from 15 employees to 11, Tony Sertich, commissioner of the Iron Range Resources and Rehabilitation Board, said Wednesday, Sept. 5. Silicon Energy, based in Washington State, has...
  • Obama’s 2nd-term agenda: Global warming, immigration, taxes

    09/04/2012 2:35:17 AM PDT · by Cincinatus' Wife · 20 replies
    Miami Herald ^ | September 4, 2012 | Lesley Clark
    .....More may be revealed this week as the Democrats meet in Charlotte, N.C., when the president will be formally nominated as their candidate. Some of the possible second-term goals are ones he set aside in the first when they were too difficult or politically costly. They include a rewrite of immigration laws, efforts to combat global warming and a sweeping change in the tax code beyond the year-to-year extensions of Bush-era tax cuts.... The government faces a “fiscal cliff” of scheduled tax increases and spending cuts at the end of this year. If he and Congress can’t reach a permanent...
  • Biden's Green Bay Gaffe: Claims Only 1,980 Troops Have Died in Afghanistan

    09/03/2012 4:46:37 PM PDT · by Nachum · 21 replies
    newsbusters ^ | 9/3/12 | Tim Graham
    ABC reporter Arlette Saenz reported for The Note on Joe Biden’s speech Sunday in the Green Bay area, including this statement: "In Afghanistan, we have lost 1,980 fallen angels as of yesterday, and I’m precise because every single one of those lives deserves to be recognized. Wrong: The U.S. death toll in Afghanistan at the end of August was 2,101. Biden somehow subtracted from the Defense Department count, ignoring three civilian casualties and 118 soldiers who died elsewhere after medical evaluation. Did they not deserve to be recognized? Saenz led with Biden attacking Paul Ryan for failing to admit in...
  • Democrats work to go green at Charlotte convention venues

    09/02/2012 7:28:51 AM PDT · by Libloather · 22 replies
    The Hill ^ | 9/02/12 | Ben Geman
    Democrats work to go green at Charlotte convention venuesBy Ben Geman - 09/02/12 06:00 AM ET Democrats want their national convention in Charlotte, N.C., to have a big effect on the 2012 election and a small footprint on the planet. “We are doing a lot, on a number of fronts, to maximize the sustainable elements of everything we are doing,” said Theo LeCompte, chief operating officer of the Democratic National Convention Committee (DNCC). “It has been a priority for us from the beginning,” LeCompte said in an interview about environmental efforts at the early September event. From beefed-up recycling to...
  • A Romney Presidency: A “Minor Impact” On America’s Electric Car Market?

    09/01/2012 5:40:38 AM PDT · by Cincinatus' Wife · 29 replies
    GAS-2 ^ | August 2, 2012 | Andrew Meggison
    If elected President, presumptive GOP nominee Willard Mitt Romney said he would sell off the American governments 26% share in General Motors (GM), take a hard look at pending fuel efficiency mandates as well as electric vehicle (EV) subsidies. That not all. Romney said he would review the pending Corporate Average Fuel Economy (CAFE) mandates slated to put the auto industry on course toward a 54.5 mile per gallon fleet wide average by 2025. Even so, Tesla Motors CEO Elon Musk isn’t worried. Should he be? Romney’s approach to the auto market? Hands off. In fact, Romney says if he...
  • College President Pushes Conservation While Taxpayers Pay $30K A Year In Energy Costs For Her House

    08/30/2012 1:55:34 PM PDT · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 8/30/2012 | Tom Gantert
    University of Michigan President Mary Sue Coleman has said her college needs to be a global leader when dealing with energy sustainability. Yet, Coleman's own university provided residence has the most expensive energy costs among state universities, both in total costs and cost per square feet, with a gas-electric-steam bill reaching nearly $30,000 in one year. When receiving a grant for "sustainablity fellows" from Dow Chemical last year to help people "live cleaner, greener and sustainably," Coleman said: "[This partnership] is broad and comprehensive as sustainablity itself, and frankly, I believe it is the only way to solve problems as...
  • CHP Industry Hails White House Executive Order Supporting Combined Heat & Power

    08/30/2012 8:23:16 AM PDT · by TurboZamboni · 6 replies
    United Business Media ^ | 8-30-12 | PR Newswire
    WASHINGTON, Aug. 30, 2012 /PRNewswire via COMTEX/ -- The U.S. Clean Heat & Power Association (U.S. CHP Association) today praised the Obama Administration for today's Executive Order, "Accelerating Investment in Industrial Energy Efficiency," which calls for a national combined heat and power deployment goal of an additional 40GW by 2020. Currently supplying twelve percent (12%) of U.S. energy capacity, CHP systems can reach efficiencies above eighty percent (80%). There is approximately 82 GW of CHP installed in the U.S. and industry estimates indicate the technical potential for additional CHP at existing sites in the U.S. is approximately 130 GW (plus...