Exelon Chairman and CEO John W. Rowe and Natural Resources Defense Council President Frances G. Beinecke today urged Midwest business leaders to support comprehensive climate legislation. In a panel discussion at the Economic Club of Chicago, Rowe and Beinecke said economy-wide cap-and-trade legislation to reduce greenhouse gas emissions is essential to our nation’s economy and the environment. “It is rare to see business and environmental groups... Read more..
Illinois Department of Commerce and Economic Opportunity Director Jack Lavin today assembled national, state and local partners to announce new developments in the state’s effort to secure the landmark FutureGen clean energy project. The progress report included new geophysical data that confirm the suitability of the Mattoon host site to securely store greenhouse gases captured from the world-class coal-to-electricity project. “The amazing... Read more..
Verari Systems, a premier developer of independent blade-based computing and storage platforms for the data center with the highest density, availability, and energy efficiency in the market, today announced its Green Leasing Program offered by its Verari Financial Services (VFS) Group. The VFS Green Leasing Program offers a comprehensive approach to IT asset life cycle management and provides significant cost and energy savings across IT departments... Read more..
The Dow Chemical Company called for a bolder, comprehensive, bipartisan national energy policy that will help stabilize prices, strengthen the economy, increase security, clean the environment and revitalize U.S. manufacturing with the release of Dow’s Energy Plan for America. “The new Administration and Congress will need to implement a plan that includes all possible options to meet the energy challenges facing the United States,”... Read more..
Future Fuels LLC has created a strategic investment with Immersive Media Corp. in Future Power PA LLC, a wholly-owned subsidiary of Future Fuels. The two parties intend to develop an electricity generation project using state-of-the-art clean coal gasification technology in Schuylkill County, Pennsylvania. A strategic investment by IMC of $5 million should ensure adequate resources are available to successfully develop this project. The late Senator... Read more..
The U.S. Environmental Protection Agency must establish a sound, science-based model for measuring net greenhouse gas emissions related to biofuels production before releasing estimates that may understate the positive role biofuels play in reducing climate change emissions. The Biotechnology Industry Organization (BIO) today released a letter sent to EPA Administrator Stephen L. Johnson on Oct. 23, urging the agency to release and seek comment on... Read more..
The 2008 presidential election will mean major changes in United States energy policy. William F. Weld, partner advising on government strategies and energy policy for the law firm of McDermott Will & Emery and a former two-term governor of Massachusetts, believes that the biggest impact will come on two issues: climate change (global warming) and dependence on foreign oil. Mr. Weld says both Senator John McCain and Senator Barack Obama have... Read more..
Inergy, L.P. announced that The National Association of Small Business Investment Companies (NASBIC) has named Inergy a recipient of its 50th Anniversary “Impact Awards.” Inergy is being honored at a luncheon presentation today during the NASBIC’s 50th Annual Meeting & Private Equity Conference. Inergy – along with Intel, the world’s largest semiconductor company, and Quiznos, a national franchise company with over 5,000 restaurants... Read more..
The Discover® Small Business WatchSM dropped for the second straight month as news of a congressional rescue plan failed to lift the spirits or expectations of the nation’s 22 million small business owners. The index slipped 3.2 points in October to 71.4, the lowest confidence rating since the Watch was established in August 2006. “Faced with a barrage of bad news about financial markets and the economy, small business owners continue to tell... Read more..
Sunovia Energy Technologies, Inc. announced that former U.S. Under Secretary of Commerce Kenneth I. Juster has agreed to serve as a senior advisor on the company’s advisory board. Under Secretary Juster will provide strategic counseling and assistance on a range of issues relating to public policy and international commerce. Sunovia, an early-stage renewable energy and energy conservation company, recently commenced marketing its solar, infrared... Read more..