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Gore: Polluters Manipulate Climate Info

SINGAPORE (AP) — Research aimed at disputing the scientific consensus on global warming is part of a huge public misinformation campaign funded by some of the world’s largest carbon polluters, former Vice President Al Gore said Tuesday. ‘There has been an organized campaign, financed to the tune of about $10 million a year from some of the largest carbon polluters, to create the impression that there is disagreement in the scientific community,’ Gore said at a forum in Singapore. ‘In actuality, there is very little disagreement.’ Gore likened the campaign to the millions of dollars spent by U.S. tobacco companies years ago on creating the appearance of scientific debate on smoking’s harmful effects. ‘This is one of the strongest of scientific consensus views in the history of science,’ Gore said. ‘We live in a world where what used to be called propaganda now has a major role to play in shaping public opinion.’ After the U.N. Intergovernmental Panel on Climate Change, made up of the world’s top climate scientists, released a report in February that warned that the cause of global warming is ‘very likely’ man-made, ‘the deniers offered a bounty of $10,000 for each article disputing the consensus that […]

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Capstone Signs Agreement and MOU

Capstone Turbine Corporation NASDAQ:CPST) has signed of a new Distributor Agreement with Collicutt Energy Services Ltd. (TSX:COH), for California and has signed a memorandum of understanding for the renewable energy and cogeneration markets in Western Canada. It is anticipated that the MOU will be converted to a new international Distribution Agreement within 60 days. Collicutt Energy Services is one of Canada’s leading businesses engaged in providing a turnkey solution in the service and fabrication of natural gas compression, power generation, under balanced drilling equipment, and oilfield production equipment. From its centrally located headquarters in Red Deer, Alberta, Collicutt operates from 13 strategic branch locations throughout Western Canada and the Western United States. The company commenced operations as a natural gas engine and compressor service company and parts provider in 1986. Growing demand stimulated Collicutt to expand its product line into power generation. Its services are all performed in-house allowing for a cost-effective manufacturing process. Collicutt Energy Services continues to expand its power generation growth through its recently acquired Distributorship for KOHLER Power Systems in California and parts of Nevada. “Signing Collicutt Energy Services is another good step in strengthening our distribution network through California and Western Canada,” said Darren Jamison, […]

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DayStar Proposes Public Offering of Common Stock

DayStar Technologies, Inc. (Nasdaq: DSTI) has filed a registration statement with the Securities and Exchange Commission relating to the proposed public offering of its shares of common stock. In connection with the offering, DayStar will grant the underwriters an option to purchase up to an additional fifteen percent of the number of shares sold in the offering to cover any over- allotments. Piper Jaffray & Co. is the sole book-runner of the proposed offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. Once available, a preliminary prospectus relating to these securities may be obtained from Piper Jaffray & Co., 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402. Website: [sorry this link is no longer available]     

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United Solar Ovonic Signs Agreement with DoE

United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (Nasdaq: ENER) has been awarded a cost-shared, three- year cooperative agreement by the U.S. Department of Energy (DOE) for the development of low-cost building-integrated photovoltaic systems. Under the cooperative agreement, United Solar Ovonic is expected to receive $4.6 million in federal funding through the completion of its first project budget period, which will be implemented through June 2008. Upon successful completion of key project milestones and sustained execution of a viable business strategy, as much as $14.74 Million in additional DOE funding will be made available for continued implementation of the project through June 2010. The total potential funding from the DOE under the Solar America Initiative (SAI) is up to $19.34 million for this three-year project, subject to availability of funds appropriated by the U.S. Congress. Website: http://www.uni-solar.com     

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Gaiam Reports Q2 Results

Gaiam, Inc. (Nasdaq: GAIA) has announced results for its second quarter ended June 30, 2007. For the second quarter, Gaiam generated revenue of $52.4 million, an increase of 21.3% over the $43.2 million recorded in the same period last year. The internal growth rate was 18% on top of the 25% increase achieved in the second quarter of last year. Gross margin increased 190 basis points to 64.2% of revenue in the second quarter of 2007, from 62.3% in the same period last year, which in turn represented a 1370 basis point increase from 48.6% in the second quarter of 2005. The increase over 2006 was primarily due to higher margin international sales. Operating expenses as a percentage of revenue decreased to 67.9% in the second quarter of 2007, from 68.5% in the comparable period last year even after increased expenses related to Gaiam’s expanding online community. Gaiam reported a net loss for the second quarter of $0.3 million, or $0.01 per share, as compared to a net loss of $1.2 million, or $0.05 per share, for the second quarter of 2006. Depreciation and amortization for the quarter was $3.1 million. For the six months ended June 30, 2007, Gaiam […]

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