I write often on the folly of nuclear energy. If it were cheap, I guess we could have a conversation about how we could deal with the safety issues. But it isn’t; it’s fantastically expensive.
Apparently General Electric CEO Jeffrey Immelt sees this similarly; here’s an article on what he said yesterday on the subject, including the already famous quote: “It’s hard to justify nuclear. Really hard.”
Garth asks:
Craig, just a question concerning fossil fuel subsidies. EXACTLY what is paid or tax credited in the fossil fuel industry?
I have two ways of answering this:
1) If you want an extremely carefully done and conservative approach, here’s your man: a report that I quote frequently done by the Environmental Law Institute, and its accompanying graphic.
2) If you want a more expansive though less specific laundry list (more…)
I’ll be at the Clean Business Investment Summit, coming up Friday, August 10th at the incredible campus of the University of California at Santa Barbara. I’m on the Advisory Board, and each year I volunteer to perform some sort of function. This year I was one of the mentors at their “boot camp” in which the speakers fine-tuned their PowerPoint and the presentation that surrounds it. I’m also a moderator at the show itself, facilitating the conversations between the entrepreneurs and cleantech investors.
I encourage anyone who’s local to consider attending; it’s a very engaging way to spend the day.
Here’s what Lockheed Martin and its technology partner Ocean Power Technologies are doing in wave energy. I’ve seen similar concepts, and I’ve always been skeptical. Will this generate electricity? Of course. Will it do so cost-effectively? I’m not sure. (more…)
Here’s another example of a portable solar photovoltaic solution, currently being deployed in earthquake-ravaged Haiti. There is no doubt in my mind that disaster relief is a great target segment for such a solution. The incidence of disasters is up-trending due to the confluence of climate change and population growth; there are more incidents of extreme weather, and they affect more people. Other key applications, it seems to me, are military, off-grid events, and movie sets.
Having said this, the challenges to the businesses in this space are competitive differentiation and barrier to competitive entry.
I recommend that everyone track with the wisdom of Jeremy Grantham, chief investment strategist of Boston-based institutional money manager GMO LLC. I’ve written about Grantham many times, because I think his viewpoints on global warming are so insightful. He has $1.3 billion under management, and, with that type of loot on the table, he can’t afford to be wrong about the over-arching trends that shape our future, for better or for worse.
Here’s an article on his forecasts of a very serious global food shortage, brought about largely by climate change, that he believes will expand until long after the world’s population peaks at 9 billion around 2050. (more…)
Electronic waste has become one of the most serious environmental threats in the world. From manufacturing equipment and large appliances down to mobile phones and small devices, electronic waste that is dumped or incinerated can lead to problems, with toxic chemicals being released into the ground and the atmosphere. For example, with over a billion people now owning mobile phones worldwide, and changing their phones every 18 months or so, the majority of these phones become harmful waste. Like many others I decided to recycle my blackberry, but is the government doing anything to encourage this behavior? Measures like the Waste Electrical and Electronic Equipment Directives work to regulate and ensure that E-Waste is properly dealt with.
WEEE Directives: An Overview (more…)
Here is our webinar for July, in which I interviewed Dan Bates, CEO of WindStream, a company with an exciting advancement in micro-wind.
I begin by taking a step back from wind power, and micro-wind in particular, and noting that the imperative to move to renewable energy is growing daily. At the risk of over-dramatizing, with every rotation of the Earth, more people are becoming aware of the damage that our reliance on fossil fuels is causing – at many different levels. (more…)
A friend sent me this video on eco-friendly tomato farming (she says “tomawto,” I say “tomayto”). What these people are doing is wonderful, but trust me, the reduction in carbon footprint associated with this does not stand up well against aeroponics, and its cousin, bioaeroponics.
I’m making a concerted effort to help my friends at Tower Harvest (see webinar) get their products for sustainable farming into manufacturing and distributed internationally.
I’m looking forward to today’s webinar on micro-wind.
Personally, I’m a big believer in the subject, and I came across a few people in the last few days who think micro-wind is poised to explode in the next six months. Others are not so sanguine, however, like the guy who commented on the webinar: “What can you say to convince me that this isn’t another brand of the same snake oil that we’ve been sold for the last decade?”
Sir, I appreciate your candor. I happen to know that my guest, Dan Bates, CEO of WindStream, will have some good answers.
