clean energy investment
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One-third of Indonesia's electricity could come from geothermal energy
Here's an old clean energy maxim: If life gives you volcanoes, make geothermal power. That's Indonesia's strategy, anyway, and it's working for them. By 2025, the country could get a third of its electricity from geothermal sources, and Al Gore has said it could be the first "geothermal superpower."
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The House wants to slow the military’s clean energy march
Cross-posted from the Center for American Progress. The Department of Defense is the largest energy consumer in the nation. It has made significant efforts to wean the military services from their sole dependence on fossil fuels — particularly jet and diesel fuel made from oil — to power their planes, ships, and vehicles. Pollution from […]
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Norway plans billion-dollar clean energy fund for world’s poor
What is it about those hoar-frosted Scandinavians that makes them crazy ambitious when it comes to clean energy? First it was Denmark's promise to go 100 percent renewable; now their buddies in Norway want to launch a billion-dollar fund for building renewable energy in the developing world. Norway has already pledged more than $500 million […]
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Quote of the day: Obama on America’s future
"A 70% cut to clean energy. A 25% cut in education. A 30% cut in transportation. Cuts in college Pell Grants that will grow to more than $1,000 per year. That's what they're proposing. These aren't the kind of cuts you make when you're trying to get rid of some waste or find extra savings […]
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Can the Keynes notion of ‘spontaneous optimism’ help U.S. investments in clean energy?
This post originally appeared on the Great Energy Challenge blog, in partnership with National Geographic and Planet Forward. John Maynard Keynes, a giant in modern economic theory, famously wrote, “Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be […]
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Smize! You’re on America’s Next Top Energy Innovator
Sure, we’ve learned to harness the power of the sun and the wind for renewable energy, but have we harnessed the awesome power of reality TV? That may be what Secretary of Energy Steven Chu is going for with “America’s Next Top Energy Innovator.” Okay, you don’t get coaching from Solar Tim Gunn, or critique […]
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Nicholas Stern: We need a new industrial revolution
Cross-posted from the Wonk Room. This is the second in a three-part interview with economist Lord Nicholas Stern on climate policy. You can watch part one here. Lord Nicholas Stern, one of the world’s most prominent climate economists, believes that the fight against global warming will lead to the next industrial revolution. In the second […]
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More drilling won’t help
We have a problem we can’t drill our way out of.Photo: arbyreedCross-posted from the Center for American Progress. Unrest in Libya and Egypt is driving up oil prices, stirring concerns that gasoline could hit $5 a gallon by summer. Like a smoker’s persistent cough, it’s another warning to change our ways. America sends nearly $1 billion […]
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The Clean Air Act’s incredible economic benefits
Cross-posted from the Natural Resources Defense Council. Times were great in the 1990s real estate market: If you got in right before the market took off, and cashed out just before it crashed, you could have made a whopping 75 percent return on your money. But … it was all paper; chances are high the […]