Posts Tagged ‘alternative energy sources’

Solar stocks soar on outlook for U.S. subsidies

Sunday, April 6th, 2008
posted by admin

LOS ANGELES (Reuters) – Shares of solar power companies soared on Friday on optimism that key tax subsidies for the renewable energy sector could be extended by U.S. lawmakers in the coming weeks.

A new bipartisan proposal by U.S. Senators Maria Cantwell and John Ensign would extend the tax credits, and Wall Street analysts said the measure has a good chance of passing soon because it is not linked to a tax hike for Big Oil.

Read the story here:

http://www.reuters.com/article/hotStocksNews/idUSN0430341720080404 

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The Folly of Turning Water Into Fuel

Saturday, March 22nd, 2008
posted by admin

Most recent controversy over ethanol has focused on the its poor energy return; in growing corn and turning it into ethanol, you have to burn three calories to get four. With prices of fuel and other inputs rising fast, corn farmers won’t be getting rich (except for those who happen to have oil wells on their property.) But selling their corn for such high prices, they can afford to sow more acres and burn more propane, diesel or electricity to pump more water than ever. A torrent of cash will be flowing through the nation’s corn-growing regions, but the biggest price will be paid in water.

Read the story here:

http://alternet.org/water/79957/ 

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Looking for oil alternatives

Saturday, March 22nd, 2008
posted by admin

MALMSTROM AIR FORCE BASE, Mont. — On a wind-swept air base near the Missouri River, the Air Force has launched an ambitious plan to wean itself from foreign oil by turning to a new and unlikely source: coal.

The Air Force wants to build at its Malmstrom base in central Montana the first piece of what it hopes will be a nationwide network of facilities that would convert domestic coal into cleaner-burning synthetic fuel.

Read the story here:

http://www.trib.com/articles/2008/03/22/news/wyoming/3083865aead65ae187257413007fa108.txt

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Renewable energy gets the GreenLight

Saturday, March 22nd, 2008
posted by admin

Ken Hammonds has always been interested in renewable energy and conservation.

He recently decided to merge that passion with his career, and opened GreenLight Electric Co.

GreenLight is a full-service electric contracting business, which also installs and maintains solar- and wind-generation equipment.

Read the story here:

http://www.greatfallstribune.com/apps/pbcs.dll/article?AID=/20080322/BUSINESS/803220322

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Concerns make coal future unclear

Sunday, March 16th, 2008
posted by admin

WASHINGTON – Coal-producing states that supply nearly half of the nation’s electricity are feeling squeezed as efforts to combat global warming outpace technology needed to make the nation’s most abundant fossil fuel burn more cleanly.

In 2007, proposals for 59 coal plants were scrapped in 24 states, either by state regulators concerned about the effects of carbon dioxide emissions or by power companies worried about the future costs of pollution, according to data from the Sierra Club.

Read the entire story here:

http://www.billingsgazette.net/articles/2008/03/16/news/wyoming/28-coal.txt 

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Green energy is making big money

Thursday, March 13th, 2008
posted by admin

Worldwide sales for companies specializing in biofuels, wind farms, solar panels and fuel cells grew 40 percent in 2007 to reach $77.3 billion, according to an annual report issued Tuesday by Clean Edge, a research firm that studies the green technology industry.

That’s significant revenue for an industry crowded with startups, many of which don’t yet have finished products to sell. But other companies – including major corporations such as General Electric – have waded into the field, selling their wind turbines and solar panels around the globe.

Read the entire story here:

http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2008/03/12/MNVBVHVSN.DTL 

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