Hopes for $2 trillion global carbon market fade

According to Reuters, “Investors are becoming less convinced that a global carbon market, estimated to be worth about $2 trillion by the end of the decade, can be established as uncertainty over global climate policy persists.
The absence of legally binding global climate deal and a federal emissions trading scheme in the United States are standing [...]

U.S. Chamber Files Petition to Challenge EPA’s Triggering of Clean Air Act Regulation

According to the US Chamber of Commerce, “Steven J. Law, chief legal officer and general counsel of the U.S. Chamber of Commerce, today issued the following statement on the Chamber’s intention to challenge EPA’s decision to trigger Clean Air Act regulation:
“The U.S. Chamber strongly supports efforts to reduce greenhouse gas emissions in the atmosphere, but [...]

U.S. carbon market growth seen without climate bill

According to Reuters, “Voluntary carbon markets in the United States will grow especially at the regional level even if a stalled federal climate bill fails to impose “cap and trade” on American industry, the chairman of the Chicago Climate Exchange (CCX) said on Tuesday.
“I think we will continue to see interest in voluntary carbon markets [...]

Bunge Limited to Expand Sugar and Bioenergy Business in Brazil

According to the Press Release, “Bunge Limited (“Bunge”) (NYSE: BG) today announced that it has entered into an agreement to become the 100% owner of Usina Moema Participacoes S.A. (“Moema Par”). Moema Par is a holding company that wholly owns one sugarcane mill in Brazil and has ownership interests in five others. Together, the cluster [...]

United States Announces $1 Billion to Reduce Forest Emissions

According to the Press Release, “Agriculture Secretary Tom Vilsack today announced the United States, joined by Australia, France, Japan, Norway, and the United Kingdom, agreed, in the context of an ambitious and comprehensive outcome in Copenhagen, to dedicate a total of USD3.5 billion as initial public finance towards slowing, halting and eventually reversing deforestation in [...]

First Solar Becomes First PV Company to Produce 1GW in a Single Year

According to the Press Release, “First Solar Inc. (Nasdaq: FSLR) today announced it has manufactured and shipped more than 1 gigawatt (GW) of its photovoltaic (PV) solar modules in 2009, becoming the first PV company to attain this production volume in a single year. One gigawatt of solar modules produces enough electricity to serve the [...]

United Technologies Corp. to Invest in Clipper Windpower

According to the Press Release, “United Technologies Corp. (NYSE:UTX) today announced it has agreed to acquire a 49.5 percent stake in Clipper Windpower Plc (CWP.L), a California-based wind turbine manufacturer that trades on the AIM London Stock Exchange.
UTC’s total investment will be £166 million (approximately $270 million) to purchase a combination of 84.3 million newly [...]

Venture Capitalism goes Eco

With the green markets across the world hopefully nearly exploding, many investors are aiming to get their piece of the pie before it is too expensive to purchase. With general interest being incredibly high, and the large level of both governmental and individual interest in eco-friendly markets, it seems as though a clean tech boom [...]

EPA: Greenhouse Gases Threaten Public Health and the Environment

According to the Press Release, “WASHINGTON – After a thorough examination of the scientific evidence and careful consideration of public comments, the U.S. Environmental Protection Agency (EPA) announced today that greenhouse gases (GHGs) threaten the public health and welfare of the American people. EPA also finds that GHG emissions from on-road vehicles contribute to that [...]

California Approves Space-based Solar Satellite

The ever-expanding solar industry has tackled land-based projects and is now looking to the skies for their latest innovations. Although space-based solar technology has been around for decades, it has never really been a viable option in terms of cost-efficiency. Nevertheless, last Thursday California regulators approved a project to beam solar energy from a satellite [...]

Obama surprises with Copenhagen summit decision

According to Reuters, “Obama was originally scheduled to attend the December 7-18 summit in Denmark on Wednesday before traveling to nearby Oslo to collect his Nobel Peace Prize.
Some European officials and environmentalists had expressed surprise at the initial decision, pointing out most of the hard bargaining on cutting greenhouse gas emissions would likely take place [...]

U.S.-China Alliance in Clean Energy

U.S. and Chinese Presidents, Barack Obama and Hu Jintao, more or less announced their partnership in clean energy technology last Tuesday. Specifically, the two signed official documents declaring their “cooperation on climate change, energy and environment.”
Their first task will be constructing a U.S-China Clean Energy Research Center in a joint effort [...]

Wells Fargo Supports Clean Technologies With New Commercial Banking Group

According to Wells Fargo’s press release, “Building on its commitment to a better environment and supporting a greener economy, Wells Fargo & Company (NYSE: WFC) today announced a new commercial banking group dedicated to supporting clean tech companies. Based in Palo Alto, Wells Fargo’s National Cleantech group will offer customized commercial banking products and services [...]

Electric carmaker Tesla preparing IPO: sources

According to Reuters, “U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles.
An IPO filing from the six-year-old start-up, best known for its $109,000 all-electric Roadster, is expected any day, said one of the sources. The person [...]

Citizens for Affordable Energy

Former Shell gas man John Hofmeister has a new gig, and it’s not trying to sell you gasoline at $5 a gallon. Besides touring the country on a speaking tour, Hofmeister has created a non-profit organization called Citizens for Affordable Energy. (http://www.citizensforaffordableenergy.org)
While it may seem ironic, that a man who has worked for General Electric [...]

SEC Charges Promoters of “Green” Investments With Operating $30 Million Ponzi Scheme Based in Denver Area

According to the SEC Press Release, “The Securities and Exchange Commission today charged four individuals and two companies involved in perpetrating a $30 million Ponzi scheme in which they persuaded more than 300 investors nationwide to participate in purported environmentally-friendly investment opportunities.
The SEC alleges that Wayde and Donna McKelvy, who were previously married and living [...]

Solar Recycling

Green technology is the way of the future, as it will provide consumers and businesses a cleaner way of completing essential tasks while having far less of a negative impact on the environment. Green energy, in the forms of solar, wind, geo-thermal and hydro will soon gain a bigger foothold in electric grids across the [...]

Green Wine Summit

The region of Northern California is synonymous with a particular product that is harvested, much to the delight of people the world round. Wine finds a home in this region, in places such as Monterey, Sonoma and Napa. The grapes that are harvested produce wines that are well known, and now the city of Santa [...]

Konarka and Arch Aluminum & Glass Announce Unique Solar Curtain Wall Pilot Project

According to the Press Release, “Konarka Technologies, Inc., an innovator in development and commercialization of Konarka Power Plastic®, a material that converts light to energy, today announced the company, along with Arch Aluminum & Glass Co., Inc, has launched the first curtain wall pilot project that will integrate Konarka Power Plastic into a wall structure [...]

Green News: An Green Car Escape to Cleaner Pastures

When many automakers in the United States failed financially, a massive amount of money was spent to keep them afloat. Taxpayers became the partial owners of these blue chip corporations, which included some of the biggest names in the automotive industry. There was however, one brand that refused any real assistance from the U.S. government, [...]

Gambling on Green

Some call it cash, scratch, dollars, and greenbacks. For the eco-conscious gambler, you can now both risk your bankroll and take care of the environment at the same time.
EGM (Executive-Gaming Monthly) Green has devoted itself to providing quality gaming products to casino and luxury markets with a twist. They also want to ensure that the [...]

U.S. singled out for delay of climate pact

According to Reuters, ” The United States is likely to bear the brunt of the blame among recession-hit developed nations for an expected six- to 12-month delay to a new global climate deal hoped for December in Copenhagen.
U.S. failure to match expectations with a carbon target by the December deadline may dent confidence in its [...]

How to boost fuel efficiency? Raise taxes, executives say

According to Reuters, “There’s a simple way to get Americans to drive fuel-efficient cars, according to auto executives, but they are not going to like it — sharply hike the gas tax.
While politically unpalatable, gasoline that costs at least $4 a gallon would have a far greater effect on American fuel usage than Washington’s $25 [...]

Being Green Pays

The energy crisis in California between the years of 2000-2001 left many state citizens angered at their utility providers, and rightfully so. Thanks to the corporate greed of companies such as Enron, the entire economy of the state was affected in an adverse way. However, there were good things that came from these trying years, [...]

Green Cars: Tesla Motors Shatters Single-Charge Distance Record

The biggest knock on the electric vehicles (EVs) is its lack of range on a single charge. On average the typical EV being produced today has about a 100-mile range before needing to recharge. On hybrids it becomes even more dismal with an all-electric range of roughly 40 miles. For normal [...]

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