China has committed to long-term development of green energy, as we all can see.  As the world’s largest user of energy – and also its largest polluter – it needs energy to power its growth. China’s latest five-year strategy is quite ambitious – to impose significant taxes on heavy polluters.

Since Copenhagen, China has shown every indication that it intends to live up to its pledge, and has promised to include new policies to curb pollution as part of its overall energy plans. The government plans to close dirty sources of energy: 10,000 MW of small power plants, 25 million metric tons of iron-mill capacity, 6 million tons of steel capacity and 50 million tons of cement capacity, saving equivalent of 16 million tons of coal, said Xie Zhenhua in a press release in the 4th quarter of 2010. Xie is the vice chair of the National Development and Reform Commission.

China has already become a green energy leader, through hydropower, development and manufacture of solar and wind, and through its aggressive energy plan. It also wants to lead in a low-carbon economy and fight (more…)

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Frequent contributor Mark Vendetti sends an interesting article that I thought everyone would enjoy.  I believe there is a profound (albeit sad) truth here:

Craig,

Check this out, it might help to explain why some people seem so resistant to change their thinking even when presented with the facts about climate change. 

There is no doubt that people really do hate to change their minds.  We’ve all seen this a million times, and it applies to ourselves just as well as it does to others.  (more…)

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Question: The dozens of flavors of biomass technologies are all rooted in making use of the chemical energy stored in the bonds of complex, organic molecules, which, in some processes, is released to reform biofuels, normally in the form of alcohol. What are the most common forms of these alcohols?

Answer: Can be found at http://2greenenergy.com/cool-guess-answers/8732.

Relevance: A number of 2GreenEnergy clients employ gasification technologies, using various combinations of temperature controls, catalysts, and metered introduction of oxygen to break down the biomass as cleanly as possible. Our favorite? Thermal anaerobic gasification, as represented by our client Resource Recovery Corporation, whose unique and patented process does not form carcinogenic clag as a byproduct.

 

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General Electric has shown its intent to become the leading player in offshore wind power. At the start of July GE signed an agreement with two Scandinavian energy companies to install and test four floating 4MW wind turbines off the coast of Norway. The rotors on the turbines will be 110 meters in diameter, and each turbine will be capable of generating power for 1,000 homes.

In all, GE has plans to invest approximately €340 million ($425 million) in offshore wind turbine manufacturing and service facilities in Norway, Sweden, Germany and the UK. More than $90 million of that funding is being invested in Norway on an Offshore Technology Development Center in Oslo and production of its turbine demonstration units. (more…)

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I played on my college squash team in the 1970s, and every year we made the ride up to Cambridge, Mass. to play MIT. Though we routed them every year, the most pleasurable part of the day for me was meeting someone who was twice the math/science mind that I would ever be.

That whole experience just replayed itself, in my meeting with Dr. Marie Corio, CEO of boutique consultancy Applied Economic Research in Brooklyn, NY. Marie is arguably the world’s most senior analyst of coal-fired power plants and the assessment of their lifespan and viability, drawing on her expertise in economics, metallurgy, organic chemistry, and computer modeling. Marie kept me spellbound as I sat, quietly sipping my coffee, and learning everything I could about her exciting vocation. (more…)

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I had an amusing experience the other day that I thought I’d share. I was making a phone call to the administrative assistant of a senior partner in a venture capital firm, trying to squeeze in a moment to make a pitch for a certain client whose clean energy solution I happen to favor. A woman picked up the phone and said, “This is April, may I help you?”

I said, “Yes, April, you may. But first, let me tell you that what you just said was the first sentence I’ve ever heard that used two consecutive months of the year – consecutively in the sentence: April and May.”

“Oh my goodness!” she exclaimed. I’ve been saying that for years and never noticed.”

“All right!” I responded. “Now, if you want to set a record that will probably never be broken, here’s a suggestion. When you hire yourself an assistant, hold out for one named June. Then you can say, ‘This is April, may June, my assistant, or I help you?’ Offhand, I can’t think of a way to get ‘March’ in front of all this, but if I think of one, I promise to let you know.”

We had a good laugh about it.

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Linus Pauling is a personal hero of mine. The great chemists of the day (mid-20th Century) admired Pauling’s achievements in quantum physics, but ridiculed his experiments in organic chemistry. “What could a physicist know about our work!” they jeered. One can only imagine how shocked and embarrassed they were when Pauling won the 1954 Nobel Prize for his breakthroughs in protein chemistry.

Obviously, this is an inspirational story on a number of levels, especially for those of us who believe that too much specialization is not necessarily a good thing, or that “pride goeth before a fall.” But I’m reminded in particular of one of my favorite quotes from the genius:

“The way to have good ideas is to have lots of ideas.”

This has everything to do with the 2GreenEnergy mission statement: Taking Good Ideas Forward. This is why I urge a volume of new ideas, and never censor opinions or ridicule honest ideas. Everyone should be encouraged to think outside the box, and stretch his imagination to the fullest.

Pauling’s reminder calls upon me to spend a great deal of my life on the phone, email, and on planes, communicating with inventors and entrepreneurs all over the world. Since I’m serious about forwarding good ideas, I know I have to go find lots of potential candidates.

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For all the attention it is receiving, the Chevrolet Volt is not going to change much about the typical vehicle GM sells.

Chevrolet Volt Marketing Director Tony DiSalle said on July 2 that they plan to produce 10,000 Volts by the end of 2011, and an additional 30,000 Volts during  2012 at its Detroit-Hamtramck facility. In Europe, a sister car, the Ampera, is due to go into production roughly 12 months after the Volt.

During 2011 and 2012 GM will produce approximately 7 million vehicles that run on hydrocarbon fuels. (more…)

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I’m back east again.  The weather isn’t exactly nice, but at least this quadrant of the country isn’t paralyzed by two feet of snow like it was last time I was here.

My appointments on this trip are mainly attempts to refine my approach to raising investment capital for companies in various phases of development in clean energy and electric transportation.  In particular, I remain convinced that I can put into place a financial instrument that will provide early-stage capital for a dozen or so promising ideas — all in one package — a kind of mutual fund for those who are looking for upward exposure from this sector, but do not wish to have all their eggs in one basket.

I have a number of high-powered “friends of friends” to see — within walking distance of one another in the “city that never sleeps.”

I’ll let you know how I do.

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DESERTEC, a $496 billion project to generate solar electricity in the Sahara Desert could be exporting electricity to Europe in five years, according to European Energy Commissioner Guenther Oettinger, following a meeting with energy ministers from Algeria, Morocco and Tunisia, which will each house a portion of the project. (more…)

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