Summarizes the new green jobs study by the Brookings Institute, noting that the study reports that the driving force behind the U.S. “clean economy” over the last decade has been emerging energy technologies. It is these dozen or so “hot” segments within the larger green economy where most of the growth has been concentrated. This suggests that, in order to build a cleantech economy, the U.S. should put primary emphasis on new, technology-intensive, energy-related sectors.
The Energy Efficiency and Renewable Energy agency (EERE) has announced a roadmap workshop for enhanced geothermal. It is inviting a select — small — group of subject matter experts to take part in this roadmap workshop in order to help develop a plan for how the country can proceed in developing its dry rock geothermal resources and enhancing existing geothermal resources.
The clean energy sector is entering a phase of dramatic change in which business models are being transformed against a backdrop of regulatory uncertainty, as the industry emerges from a challenging period caused by the global economic downtown. Technologies and business structures that were once abandoned, are now being revived in several key sectors.
To shift the global economy from fossil fuels to renewable energy will require the construction of wind, solar, nuclear, and other installations on a vast scale, significantly altering the face of the planet. Can these new forms of energy approach the scale needed to meet the world’s energy demands?
The recent swings in the spot price for crude oil — especially in light of the currently rapid rising spot prices are cause for alarm. Noting that the current run up of prices looks a lot like period leading up to the sudden price spike that occurred in the summer of 2008. It goes on to argues that the global economy needs a better market regulating mechanism that can help manage these swings and reduce their amplitude so they become less damaging to the world’s economies. The energy business — whether it is alternative energy or oil, gas or coal exploration and development — has huge up front capital needs. This needed capital is much harder to raise in a climate of such extreme near term price uncertainty.
A new study that is sure to create some controversy proposes that the world can provide for all of its energy needs, including electric, transportation, heating/cooling energy needs using only wind, water, and solar power by 2030.
The Sustainable Energy Fellowship is a unique learning experience for upper-division undergraduate and graduate students in engineering, business and the sciences who are considering a career involving energy. The program is June 2- 9, 2010 at Cornell University. Deadline for application is March 1, 2010.
Stephen Hinton, provides a compilation of professionals that will see growth as the US economy goes green. He predicts that those in STEM professions (Science, Technology, Engineering and Mathematics) will experience the most job security.
Last week, Ethical Markets Media and The Climate Prosperity Alliance launched their Global Climate Prosperity Scoreboard, which tracks private investment in companies growing the green economy globally. This new, never before reported number, showing $1,248,740,645,993.00 (over $1.248 trillion) in total investment since 2007, indicates how investors and entrepreneurs are leading governments in promoting sustainable growth. The scoreboard totals investments in solar, wind, geothermal, ocean/hydro, energy efficiency and storage, and agriculture.
