Obama Gives Detroit Its Best Day In Decades
This is a story of
supply and demand. On the demand side
of the equation, President Obama has put in
place landmark new vehicle mileage
standard for cars and
light trucks. By 2016, cars must achieve 39 miles
per gallon in city + highway driving. Light trucks
must average 30 mpg. How aggressive is this
standard? Less than a handful of cars and no
trucks can meet it today. Yet everyone from
Detroit to retired military brass and
Republican leadership support it.
Why? Read on to see why President Obama has given
Detroit’s its best chance in
decades.
Venture Capital Finally Gets Smart??
Beside efficiency’s often greater environmental benefit than Alt-E, efficiency investments have three significant benefits for investors:
1. Lower technical risk. Efficiency startups, such as smart electric meters, or more efficient lighting, use technology that already exists - it just needs to be designed and deployed in an economical business model. That means less chance the startup will fail.
2. Lower financing risk. Alternative energy startups often require huge amounts of investment to develop their technology and the build plants to build it. In a VC world that is investing less than half as much as it did in 2008, “capital efficiency” to get to breakeven reduces risk of failure, and helps ensure investors get a return even if the company doesn’t achieve a billion $ IPO.
3. No “valley of death.” Once the Alt-E company has developed its product and built its manufacturing plant (whew!), it still hasn’t succeeded because it now becomes dependent upon hundreds of millions or even billions of dollars of “project finance” to build projects (e.g. wind farms, solar powerplants) using its technology. Project finance is debt (e.g. bonds) issued to the power customer (e.g. a utility, or a county, state or country) to build the project (wind farm, solar farm) which gets paid of from the power generated (usually at a fixed guaranteed price) over 10 to 20 years. Unfortunately, with banks not lending even to typically credit-worthy entities, project finance has dried up.
We know one alternative energy CEO who has over a billion dollars of orders, but is within 90 days of “flame out” because of the lack of project finance. Ouch.
We’re glad VCs have seen the light (pun intended) and are turning to more efficient investing!Read More...
If You Read Just One Book This Year...
This book should be
required reading for everyone in the developed world.
That’s a strong statement and I’ll
preface it with the fact that I often find that
three-times Pulitzer Prize winner Thomas
Friedman’s New York Times writings
sensationalist.
Hot, Flat &
Crowded, (winner of
Washington Post, Chicago Tribune & Business
Week Book of the Year) is different. It’s
visionary, well researched and page-turningly well
written. It offers a new path away from the
growing consequences of our increasingly hot
(climate change), flat (rapidly expanding global
middle class), and crowded planet.
To begin with, the book demonstrates there is simply
not enough energy to fuel a 10x growth of the
world’s consumptive middle class driven by
China & India if this middle class consumes as
much resources (energy, water, land) as we do today.
If you buy this thesis (and it’s hard not to,
based on the evidence we saw in the summer of 2008
with skyrocketing commodity prices, record pollution
and temperatures) the question Friedman begs is: now
what?
Here is the visionary part: Friedman creates a
wholistic (and fact-based) perspective of how an
resource-efficient, economic, clean and sustainable
low/no carbon economy can be built with existing and
maturing technologies. And it offers a path to return
the United States to the forefront of its historical
leadership: exporting new technologies - something we
have lost in the past 15 years.
If this all sounds horrendously dull, it’s not.
The inspired vision is matched by inspired
writing. Get it here. To save some
paper and energy,
read it on your Kindle 2 or get
it from your
library.
Kindle 2 & DX: Our Earthday Award Winner
As many
of us know, Amazon.com introduced its
Kindle 2 (and coming
soon, the larger Kindle DX) recently to a
great press fanfare. The Kindle 2 is, in our
opinion, the first real contender for a
replacement for the hundreds of millions of tons
per year of of trees, paper, glue (and energy) we
deforest, manufacture and ship around the planet
in the form of books, magazines & newspapers.
Why might Kindle actually do
that?
Hawaii Superferry: It's Not About The Environment
I have never
written about my professional endeavors on my blog
until now. However the time has come to shed some
light on how legitimate environmentally friendly
efforts can be hijacked by a few self-interested
individuals claiming “the environment” in
their name.
Hawaii Superferry
is a
company I founded in 2001 shortly after 9/11
grounded Hawaiis airlines for four long days. This
halted Hawaii like no other place on earth because
it is the world’s only island archipelago
solely dependent on flying. My two cofounders and
I did this to bring an affordable,
energy-efficient and environmentally friendly
alternative for interisland travel to Hawai`i.
Hawaii Superferry successfully carried around
250,000 passengers during the time it operated,
only to be derailed by a lawsuit from powerful
special interests like the Sierra Club after 11 months
of operation.
How did this happen?
HCR-188c The Holy Grail Of Refrigerants?
What if a refrigerant...
- Reduced refrigerator and A/C energy consumption by over 30%
- Cost just 1/3rd of conventional refrigerants
- Has 96% less global warming impact than conventional refrigerants
- Has zero ozone depleting impact
What if this breakthrough was not developed by a giant chemical company, but over the past 15 years by a passionate former mechanic in Hawai’i?
Mr. Maruya of Kane’ohe Hawai’i could be one of this century’s energy heroes.
The EPA has just approved Mr. Richard Maruya’s remarkably simple HCR-188c refrigerant. Haier the Chinese white goods giant has provided research assitance, while Greenpeace has given him recognition.
While we would love to see the world beat a path to Mr. Maruya’s door, his challenge may be just beginning...Read More...
Netflix Signals The End Of The DVD...
, one of
UseHalf’s original
energy savers has delivered
the ultimate home movie solution: Any movie, any
time, delivered instantly over the internet to
“Network BluRay” high-definition DVD
players for $8.99 a month. Over 800 (and
counting) of the 12,000 available movies & TV
shows are in stunning High
Definition.
This combination may be the iPod + iTunes of movies: the beginning of the end of the distribution of high quality video entertainment on plastic discs. Crucially, and unlike the rival Roku player, these BluRay players simply replace your old DVD player, and play your DVDs and BluRay discs. But once you try Netflix online, you might never buy another plastic DVD again.
Here’s why: Unlike music which is typically “consumed” repeatedly, most video entertainment is watched just once, occasionally twice. Only are kid-vid and favorites played repeatedly. This explains why people own lots of music but have cable service and video subscriptions like Netflix and Blockbuster by the millions. So Netflix’s HD video-on-demand is the right product with the right model.
Currently there are only two Network Blu-Ray DVD players that can perform this incredible stunt. The LG-BD300 or the Samsung BD-P2500. Both are top-rated, high-feature BluRay players and cost between $300 to $350. We love our LG unit (the HD pictures are stunning) and we’re sure the player list will grow.
UPDATE: LG has just introduced High-Definition TVs with Netflix HD built in. For many, this means they may never need to upgrade their old DVD player.
So what do you have to give up to get the ultimate Video On Demand?Read More...
At Last: EU Ends The CFL Tariff...
The headline
news was the EU ban on incandescent bulb
sales beginning in
2010... The more important but unreported news was
the EU quietly letting its usurous
66% import tariff on Chinese-made
CFLs lapse...Read
More...
Australia green lights...
Australia is taking a refreshingly practical step towards actual emissions reduction by planning to ban sale of incandescent light bulbs by 2010. That’s a g’day, mate! They are walking the walk instead of talking the talk.Read More...
A roof that reduces air conditioning costs by 40% ?
Rosetta Stone for addressing climate change...
Read More...
EcoMagination? GE reinvents itself for efficiency & conservation
Read More...