Bloomberg to Veto Electronics Recycling Bill
NYC may says recycling bill unfairly burdens manufacturers
Texas Utility Announces $1B Voluntary Emissions Reduction
Company aims to reduce emissions from new and existing coal-fired plants
US, EU In Talks to Solve Biotech Crops Dispute
Washington reserved its right to seek sanctions if talks fail to make headway
Scientists Would Turn Greenhouse Gas Into Gasoline
Technology would create closed loop system for removing CO2 from atmosphere to make fuel
Most Destructive Project on Earth: Report
Report says oilsands in Alberta are producing vast amounts of greenhouse gases and poisoning local water supplies
CREBs: Key to Developing Clean Rural Energy
Production Tax Credits (PTC) and Investment Tax Credits (ITC) for the renewable energy industry have received a lot of press in recent weeks, as pressure builds in Washington to extend these valuable incentives, which are set to expire at the end of the year. A lesser-known incentive program, Clean Renewable Energy Bonds (CREBs), will also expire on December 31, if Congress fails to act. CREBs, which were created by Congress in the Energy Policy Act of 2005, are the kid brother in the Tax Credit Family – they are designed to provide incentives for electric cooperatives and other not-for-profit utilities to invest in renewable generation resources. Comparable to the PTCs available to investor-owned utilities, CREBs were created to make renewable energy projects more affordable to rural communities served by electric cooperatives and public power systems. Essentially they function as interest-free loans for institutions developing the projects, because bondholders receive a tax credit in lieu of interest payments. The U.S. Treasury Department authorized $1.2 billion in CREBs through December 31, 2008, with $450 million reserved for cooperatives like the Sulphur Springs Valley Electric Cooperative in Willcox, Arizona, which is using $11.5 million of the bonds to finance the construction of solar […]
Bill Would Spur Sustainability in Higher Education
The College Opportunity and Affordability Act (H.R. 4137) passed last week by the House contains two measures that could significantly spur sustainability practices at colleges and universities across the country. The primary function of H.R. 4137 is reauthorizing and revising federal financial aid programs in an attempt to address the increasing costs of higher education. However, the new legislation also creates a grant program to help colleges and universities design and implement sustainable practices, and calls for the first-ever higher education summit on sustainability. Under the new legislation, Secretary of Education Margaret Spellings would be required to convene a summit of higher education experts, federal government agencies, and business and industry leaders, no later than September 30 of this year. The purpose of the summit will be to encourage faculty, staff, and students to establish administrative and academic sustainability programs on campus; enhance research in sustainability practices and innovations; encourage cooperative programs in the community and workplace; and charge participants to submit a set of recommendations for addressing sustainability through institutions of higher education. The Sustainability Planning Grants, as defined by the bill, would make matching funds available for programs to design and implement sustainability practices in the areas of […]
Q-Cells Was Largest Solar Producer in 2007
Q-Cells outproduces Sharpe and Suntech for top spot according to industry magazine
Tesla Motors Completes $40M Financing
Company says bridge financing will continue development of 4-door sedan
Suntech Reports 61% Increase in Q4 Profit
Suntech is on track for 1GW PV cell production capacity. by the end of 2008
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