Nesmith's Notes

Entries for the ‘Economy’ Category

Global Reporting Initiative Certification

I just received my GRI G3 reporting certification from the course I took last week.  The course was delivered in Colorado for the first time due to the efforts of CORE with support from Deloitte.  Lead, out of Canada, provided the training based on materials from the Global Reporting Initiative. The instructor was well informed, [...]

Smart-grid spending to hit $200 billion by 2015 | Green Tech – CNET News

The term “smart grid” is shorthand for a number of technologies intended to automate and digitize management of electrical power. By computerizing the 20th century electrical system, utilities and others in the power industryhope to manage and control electrical output more efficiently and reliably. Though smart grid sounds like it’s a single system, it’s more an [...]

Leeds School of Business’ Annual Colorado Business Economic Outlook is Dec 7th

  The 45th Annual Event Sponsored by the Business Research Division in the Leeds School of Business and BBVA Compass The annual forecast of the state’s economy includes snapshots from specific counties and regions around the state, as well as updates on international trade, population, labor force and personal income growth, and a general outlook [...]

DOE Grants $338M to Geothermal Projects across 39 States

The U.S. Department of Energy (DOE) will provide up to $338 million in funding for the exploration and development of new geothermal fields and research into advanced geothermal technologies. These grants are directed toward identifying and developing new geothermal fields and reducing the upfront risk associated with geothermal development through exploration and drilling projects and [...]

Obama Heads to Copenhagen with a 17 Percent Reduction Offer

President Obama set to be in Copenhagen on Dec. 9th with an offer to cut US GHG emissions in the range of 17% from 2005 levels by 2020. 

100 Year-old Boulder Canyon Turbines Replaced

The DOE is investing up to $1.18 million for a project in Boulder, Colo. to upgrade the 100-year-old Boulder Canyon Hydroelectric Project by replacing two older turbines with a single unit. The new turbine is expected to operate at a wider range of flows and higher efficiency ranges, resulting in an increase in annual generation [...]

NIST Fasttracks SmartGrid Standards

NIST released a draft report on the SmartGrid interoperability standards yesterday.  The roughly 80 initial standards and 14 priority action plans are available for public review and comment for 30 days.  Following this comment period the first phase of NIST’s 3 phase approach will be completed with the final release of the NIST Framework and [...]

Energy Efficiency is Job 1

McKinsey and Company’s central conclusion from their U.S. Energy Efficiency report says much about the energy efficiency opportunity in the US: Energy efficiency offers a vast, low-cost energy resource for the U.S. economy – but only if the nation can craft a comprehensive and innovative approach to unlock it.  Significant and persistent barriers will need [...]

BP Statistical Review of World Energy

2008 proved to be a year of extremes for both the economy and energy around the world.  Not surprising since fuel prices are so closely tied to world economic growth and in 2008 one of the longest periods of sustained economic growth can crashing to a halt.  This sent record oil prices of $140 per [...]

NREL Receives Wind Power and Infrastructure Funding

Department of Energy Secretary Chu announces $93 million from the Recover Act to support the development of additional wind energy in the United States. The money will support R&D and testing for wind turbine drivetrains, support university and industry consortia focusing on critical wind energy challenges, advanced technology development in the private sector and a [...]

Metcalfe at Green:Net 09 – Squanderably Abundant Cheap Clean Energy

Bob Metcalfe, using the history of the Internet as a guide, provided his list of things to look for and look out for in the changing energy sector. Metcalfe gave an optimistic view of the environmental challenge suggesting not only are we in a Global Warming Bubble but that cheap, clean energy will be so [...]

Nicholas Stern on Climate Change Actions and the Recession

McKinsey’s Matt Hirschland interviewed economist Nicholas Stern in Brussels this past January. You can read the transcript here or click below to watch the video.

US Carbon Markets React to Obama’s Budget

Trading activity picks up for carbon financial instruments (CFIs) after the release of President Obama’s budget. Even though the budget does not include revenue from carbon allowances until 2012, future contracts prior to this date moved higher. Some people believe these instruments can be used as early action credits in a federal cap and trade [...]

Carbon Cap and Trade Q&A

So just what is a cap and trade system and how does it work? MSNBC has a Frequently Asked Questions page that answers this question. While President Obama signaled his desires in his budget, congress is required to pass the legislation and the details. Many experts are suggesting legislation is unlikely this, however “Powerful Democrats [...]

President’s Budget Includes Carbon Cap and Trade Revenue in 2012

Earlier this week, the White House stated a climate bill passed in 2010 would be fine as long as it included the critical components President Obama included in his campaign promises. This is consistent with President Obama’s budget which includes revenue for carbon cap and trade allowances of $658 billion in total for the years [...]

US #1 in Wind Energy Capacity

2008 was a bumper year for wind energy investment. The US added 8,300 megawatts (MW) of wind energy to lead the world with 25,170 MW. 42% of the country’s new power-producing capacity came from wind. The 50% increase in wind power generation also created 35,000 jobs bringing the total employee bast to 85,000. Worldwide over [...]

Analysts cut EU Allowance Price Forecast

Citing lower forecasts in 2009 output along with an increase in the number of firms announcing temporary shutdowns, analysts are scaling back their forecasts for carbon emissions and the price for allowances for those emissions. Societe Generale has cut their forecast for EUAs a third to 17 euros a ton. They went on to say [...]

Generation-WE

This video is worth a few minutes of your time. The Generation WE movement is the largest generation in history, they are independant – politically, socially, and philosophically – and are spearheading a period of sweeping change in America and around the world. Check it out.

Gas Tax Holiday Hoax

The McCain – Clinton Gas Tax Holiday is a farce and voters are beginning to realize this. Of course, Obama has been correctly outlining the problems all along. There are numerous problems with this approach even if the money would trickle into the hands of the consumers who most need it and therefore spend it [...]

Venture Capitalists Deals Increase In First Quarter

The New York Times reports that Venture Capitalist invest in 922 deals in the first quarter of 2008, compared to 861 in the same period last year. The total amount invested was down 5% causing the times to lead with the headline Venture Capitalists Invest Less In First Quarter – New York Times. “We do [...]

I love these play while you work toys.

Now you can generate energy and pump clean water by just being a kid. Developed by Daniel Sheridan, now a British student at Coventry University, the Springwise: See-saw power for schools generates electricity while kids play on it. Brilliant!

Regional Greenhouse Gas Initiative (RGGI) Sets Auction Rules

The Regional Greenhouse Gas Initiative (RGGI) has set the rules for the first allowance auctions to take place on September 10, 2008 and December 17, 2008. This is the first mandatory CO2 emissions reduction program auction in the United States. Quarterly auctions will take place after these first two. These companies have won the right [...]

Berkshire Hathaway’s Shareholders Letter

Berkshire Hathaway’s Shareholder Letter is a must read and this one is no exception.  Continuing last year’s scolding of the sub-prime mortgage banking industr, my favorite lines included these: John Stumpf, CEO of Wells Fargo, aptly dissected the recent behavior of many lenders: “It is interesting that the industry has invented few ways to lose [...]

Free! Why it works better today.

Chris Anderson’s at Wired discusses where, why and how free products make sense today and will make make even more sense (and cents) in the future.  Starting with the story of Gillette and bringing us to the plummeting cost of computing and networking, Anderson argues that the traditional cross-subsidy model is not required when incremental [...]

Bonderman addresses Silicon Flatiron crowd at CU

Speaking of the TXU purchase, Mr. Bonderman said the company was adept at running a profitable company and equally bad at politics from price increases to ecology to labor relations. These shortcomings lead tothe opportunity which focused on addressing these public concerns.Opportunities for private equity include exploiting public investorsfocus on short term focus, their dislike [...]


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      • Cisco, Itron Team Up for Grid Communications
        Cisco and Itron are joining forces to go after the smart grid together. The companies announced a somewhat far-reaching agreement under which the two will work to develop IP-based communication standards for the smart grid. Itron will then bundle and resell Cisco's technology. In short, what you have is an alliance between a company (Cisco) with experie […]
      • The Future of Sustainable Paint Manufacturing
        "You can have a Model T in any color, as long as it's black."  The automotive world has come a long way since Henry Ford made this statement while introducing the revolutionary Model T Ford in 1908.  Today, paint color and quality both play major roles in car-buying decisions. However, automotive paint is not just about looks. It is also the v […]
      • Recurve Gets New CEO, Hones Its Strategy
        Recurve, the energy efficiency retrofitter and software developer, is getting a retrofit itself. The company has hired Andy Leventhal as its new CEO, replacing Pratap Mukherjee. Leventhal co-founded Planet Metrics, a carbon accounting company, in 2007, and sold it off to Parametric Technology in February.   The change in CEO will also usher in some organizat […]
      • The Problem With Ethanol, California’s New EE Standard, and More
        Beware the sticker price. Propel Fuels, which wants to build 75 alternative fuel gas stations in California, unveiled one in Oakland yesterday, according to several news reports. The company already operates stations in Oakland and Seattle. One of the big problems with ethanol has been the availability of pumps dispensing E85, the 85 percent ethanol/15 perce […]
      • The Biggest Green Market? Seven Reasons Why It’s Green IT
        Over the past few weeks, I've had a number of meetings with engineers, executives and investors and such, and I keep coming away with the same conclusion. The fastest-growing and arguably most attractive segment in alternative energy and energy efficiency lies in hardware, software and networking equipment. Yep, green IT. Part of the conclusion is a his […]
      • JDSU, an Optical Giant, Enters the CPV Market
        The concentrated photovoltaic (CPV) market has been long on promise and short on results.  But there have been a few hopeful signs of late.Kleiner Perkins saw fit to invest $130 million into CPV systems vendor Amonix.  And shortly after that fund raise, Cogentrix announced a 30-megawatt project with Amonix.  That's easily the largest CPV project in the […]
      • With Arch Rock Purchase, Cisco Takes Aim at Silver Spring Networks
        The brewing competition between Cisco and Silver Spring Networks just lost its subtlety. The networking giant today bought Arch Rock, a privately held company that specializes in standards-based mesh networking technology for monitoring data centers and, more importantly, for connecting different assets on the grid (namely, AMI networking solutions). Yesterd […]
      • Independent Test Exonerates PGE Meters, Blames Customer Service
        The Structure Group, an independent organization retained by the California Public Utilities Commission to examine the smart meters installed by Pacific Gas & Electric in Northern California, issued its report today. The meters worked. Increases in bills were largely due to a 2009 heat wave, which caused air conditioning use to spike. Structure also did […]
      • In California, Large and Small Generators Tussle Over Grid Rules
        To help California reach its renewable portfolio standard goals, The California Independent System Operator (the ISO) may be aggravating a rivalry between large- and small-scale renewable energy producers. The Small Generator Interconnection Procedure (SGIP), the ISO's proposed rules governing grid connection for five megawatt to twenty megawatt project […]
      • Roundup: Coda Goes to Hawaii, Ford Adopts Liquid-Cooled Batteries, and More
        Coda Automotive, the Sino-American car company coming out with an all-electric sedan later this year, said it will bring its cars to Hawaii in the third quarter of next year. The company is already slated to bring out a limited number of cars to California later this year. Hawaii is an interesting choice. The state is seen as a growth market for PV panels, w […]
      • Ashton Stark: VW Beetle Turned Into Electric Car By 14-Year-Old
        It will be another two years before Ashton Stark can get his driver's license, but that's not stopping the 14-year-old from looking to the future -- and in more ways than one. With a keen sense of green and a little engineering savvy, Ashton succeeded in transforming his grandfather's 1972 Volkswagen Beetle into a cleaning running, all-electri […]
      • Dennis Whittle: Growing AND Greening
        Historically, richer countries have grown by relying on power sources and technologies that generate massive amounts of the greenhouse gases that are causing global warming. This has posed a serious dilemma: should poorer countries stop improving the lives of their people to avoid generating the additional greenhouse gases that would cause massive damage to […]
      • Butter Excess May Be Able To Fuel Cars
        A recent study into the potential use of surplus butter has stated there is a possibility it could be used to make biodiesel fuel. Read more: Butter Car Fuel, Biodiesel Butter, Butter Fuel, Green Technology, Car Fuel Butter, Butter Biodiesel, Butter Gasoline, Gasoline Butter, Green News […]
      • SUGAR Volt: Boeing Team Designs Aircraft That Burns 70% Less Fuel
        We recently reported on a program led by NASA that was aiming to green the future of air transportation, and now Boeing -- along with their teammates General Electric and Georgia Tech -- are following suit with their just-revealed innovative SUGAR Volt concept which is driven by an electric battery gas turbine hybrid propulsion system that can reduce overall […]
      • Ecuador National Park Uses Motion Sensors To Photograph Rare Species (VIDEO)
        In this video from Reuters, Yasuni National Park in Ecuador has installed cameras equipped with heat and motion sensors to photograph unsuspecting wildlife that walk into view. Using them to capture over 30,000 images, researchers have discovered new and rare species in this particular area of the Amazon. The nearly 2.5-million-acre park is home to thousands […]
      • Bob Ostertag: Floods, Fires, Hipsters: Mission Accomplished
        And so it unfolds: Record flooding in Pakistan displaces millions, kills 1200, and cholera is starting to spread. It is 106.3°F in the Ukraine. Russian President Dmitri Medvedev reports that in 14 regions of Russia "practically everything is burning." A drought accompanying the heat wave has ruined 25 million acres of grain (about the size of Kentu […]
      • Poo Power: VW Bug Runs On Methane Bio-Gas Or The Waste of 70 Homes
        POO POWER! GENeco, a waste treatment company in Bristol, UK set out to prove that bio-gas could be a reliable alternative transportation fuel, so they imported special equipment to help process their waste and upgraded a VW Bug to run on methane. Read more: Green Cars, Green Car, Green Vw Bug, Green Technology, Green Transportation, Methane Bio-Gas, VW Bug, […]
      • Julia Moulden: Yes, You Can Save the World at Work
        As much of the world suffers through a stifling summer, one corporate team is keeping close watch on the solar panels on their building's roof -- which quadrant is producing the most energy? It's a sign of things to come, and I want to share their story. But, first, a little background. When I began writing about the New Radicals, people who are pu […]
      • Smart Grids, Smarter H20, and Mad Science
        As IBM works towards smarter cities and a smarter planet, they've got to cover all of their bases: this means factoring in everything from water conservation, to health care, to energy and smart grids. But what is a smart grid anyway? While it sounds good to us we're not entirely sure what it is, so we checked in with IBM's resident mad scient […]
      • Louis Palmer: Solar Taxi Driver Plans Zero Emissions Race Around The World
        GENEVA — A Swiss inventor who last year circumnavigated the globe in a solar taxi says four teams will follow in his tire tracks next week. Louis Palmer says the teams from Australia, Germany, South Korea and Switzerland will fire up their electric vehicles Aug. 16 in Geneva in an effort to race around the world in 80 days without producing any carbon emissi […]