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Concentration of CO2 in the Atmosphere

June 22 Green Energy News

Opinion:

  • “Might the Bakken Boom Get Derailed?” Bakken crude oil production has many of the classic characteristics of an economic bubble. It looks likely that, as with every bubble before, it will end. Whether it ends catastrophically or just badly depends on how regulators act. [Resilience]
  • “Utilities unsure of future as environmental regs loom” Coal is under fire, gas and wind are blowing up, and consumers may yet wrestle control of power generation from their utilities. There’s a lot on the mind of your average electric company executive these days. [STLtoday.com]

Science and Technology:

  • A new book by Vermont architect William McClay shows that net-zero-energy buildings (those that make as much — or more — energy than they consume) not only offer long-term advantages for the planet, but can also save their owners money from the start. [New York Times]
  • According to a report from the Geothermal Energy Association, geothermal energy is as affordable an energy source as any other and could be quite effective as a primary energy source, especially in parts of the world where geothermal activity is particularly high. [Hydrogen Fuel News]

World:

  • Polling for the Climate Institute shows 72% of Australians want to keep or expand the renewable energy target, which requires that 20% of energy is sourced from renewables by 2020, as the Abbott government considers abolishing the incentive. [The Guardian]
  • The board of directors of French power-to-rail group Alstom on Saturday unanimously approved US conglomerate General Electric’s €12.35 billion ($16.8 billion) bid to acquire its energy business. [Business Recorder]
  • Indian capital city’s pride, the Delhi Metro Rail Corporation, has earned yet another achievement by commissioning its first rooftop solar power project at one of its stations. The project has an installed capacity of 500 kW and is expected to produce power next month. [CleanTechnica]
  • Corporate India is going “green” with its new campuses and buildings across the country. And this is primarily because it wants to cut down on power and water consumption, to reduce its operational and overhead costs. [The New Indian Express]

US:

  • The DOE has announced the selection of three pioneering offshore wind demonstrations to receive up to $47 million each over the next four years to deploy innovative, grid-connected systems in federal and state waters by 2017. [Renewable Energy Focus]
  • Texas has become a major testing ground for storage technology. For example, Oncor, the state’s largest transmission company, is installing five of the batteries this summer in South Dallas neighborhoods, providing backup power to schools, traffic lights and a fire station. [New York Times]
  • Companies are increasingly offering ‘green bonds’ in order to raise money for sustainable projects—and to appeal to socially conscious investors. Increasingly, endowments and other institutions are establishing socially conscious criteria for their investments. [Daily Beast]

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