An economic study released today shows a regional cap-and-trade policy would severely handicap Minnesota’s economy, causing sharp increases in energy prices and reducing net employment in Minnesota by 21,000 jobs by 2015. The report, titled “Economic Analysis of the Impact of a Midwest Regional Climate Policy on Minnesota,” was written...
Representatives from three leading international solar companies and the United Nations Environment Program (UNEP) — Dr. Zhengrong Shi, Suntech’s Chairman and CEO, Jeremy Leggett, Executive Chairman of Solarcentury, Mike Ahearn, Chairman and CEO of First Solar, and Achim Steiner, UNEP Executive Director — gathered at the United Nations...
An integrated series of solutions will be required to manage increases in global energy demand and greenhouse gas emissions that will result from population growth and economic expansion, Exxon Mobil Corporation said, releasing the corporation’s Outlook for Energy: A View to 2030. “The world needs to meet the ever-growing need for reliable and affordable...
US Farms, Inc. discussed today what impact the recently announced recession in the US by the National Bureau of Economic Research will have on its Farming and Nursery businesses going forward into 2009. Yan K. Skwara, CEO of US Farms, Inc., stated, “Worldwide market volatility has certainly affected financing in our business as a publicly traded...
Metrolight, Inc., a leader in energy management solutions focused on energy-efficient electronic High Intensity Discharge (HID) lighting, today announced it has received an Energy Innovator Award from the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE). “We are happy to recognize Metrolight’s work...
Centriforce Technology Corp.’s new desalination technology is designed to reduce the amount of energy needed to produce fresh water and reduce the environmental impact compared to existing technologies. Current desalination processes that convert salt or brackish water into fresh water require significant energy input and expense. Centriforce’s...
Keeping tropical rain forests intact is a better way to combat climate change than replacing them with biofuel plantations, a study in the journal Conservation Biology finds. The study reveals that it would take at least 75 years for the carbon emissions saved through the use of biofuels to compensate for the carbon lost through forest conversion. And...
Stratos Renewables Corporation, an emerging agro-energy company developing a South American sugarcane ethanol operation, today announced that the company has secured enough land in the northern coastal region of Peru required for the production of up to 90 million gallons per year of sugarcane-based ethanol. Stratos intends to use this land for extensive...
Exelon is playing a leadership role at today’s Wharton Energy Conference, which brings together more than 200 energy industry thought leaders and business school students for a meaningful discussion about the future of energy. “Exelon has been a proud sponsor of this event for three years in a row,” said Delia Stroud, vice president of public...
IBM announced a collaboration with EDF, the leading electricity producer in Europe, on an ambitious project to explore key aspects of the energy systems that are important in EDF operations, in an effort to further energy sustainability. EDF and IBM will work together to develop high performance computing solutions which can significantly advance the...