On August 11, the Financial Times reported on the promise of “synthetic biology,” including the development of algae that generates biofuels. In July, ExxonMobil entered into a $600 million venture with Synthetic Genomics, a firm founded by biotech pioneer Dr. Craig Venter. “Synthetic Genomics has already engineered strains of algae that secrete oil from their cells,” writes the FT’s Clive Cookson. Will oil companies transform themselves into algae companies? Or, a few years from now, could the makers of “Who Killed the Electric Car?” film a sequel about algae?
I’m not even talking about the energy savings, cost savings and environmental benefits though. I’m going to focus on tax credits. A number of places have mandated green roofs under certain circumstances; Toronto, Tokyo and Switzerland to name a few. Another approach that’s often more agreeable to building owners and developers is the voluntary opportunity to receive tax credits.
In a presentation before national policymakers and analysts recently, leading clean energy venture capitalists, academics and CEOs unveiled the “Gigaton Throwdown,” an assessment of the nation’s clean energy potential that identifies seven industries capable of creating 5 million clean energy jobs and reducing CO2 emissions by 5-7 gigatons by 2020. The report, a collaborative effort between leading researchers at UC Berkeley, MIT, University of Michigan, Stanford, and Drexel University, and clean tech leaders, challenges Washington policymakers to remove obstacles that keep billions of capital investment dollars sitting on the sidelines.
Dr. Elaine C. Kamarck, former domestic policy advisor to Vice President Al Gore and co-founder of the U.S. Climate Task Force (CTF), has unveiled a new report that examines lessons learned from past efforts to legislate on climate change and how those precedents can be applied to help pass an emissions policy in the 111th Congress. Her expert analysis, featured in the report, “Addressing Climate Change: The Politics of the Policy Options”, breaks these lessons into five categories.
