Michael Kanellos
The renewable energy tax incentives will come up for a vote again soon in Washington, and a group of investors/activists will work the phones tomorrow to try to get a few key lawmakers to support incentives once again. And they want your help.
The organization, a Facebook group called Renew Solar and Wind Incentives Now, is [...]
Michael Kanellos
It’s carbon week in clean technology.
CarbonFlow, a software company baking an application that can calculate carbon credits, has raised $2.9 million. Neal Dikeman, at Jane Capital Partners, founded the company with Karla Bell, a noted expert on emissions credits. Investors include Clean Pacific Ventures (which led the round), OVP Venture Partners and Meridian Energy Limited, [...]
Michael Kanellos
Energy storage. Like clean coal, it’s one of the those Google-like opportunities in the greentech market. The company that cracks part of the problem could reap billions. However, it’s not easy science.
Both Altairnano and A123 Systems have kicked off efforts to determine if lithium ion batteries could do the job, according to Martin LaMonica at [...]
Daniel Englander
Despite the near daily hum telling us that we’re in big trouble, sometimes we read something that makes us think: wow, we’re in big trouble. An Ernst & Young report released yesterday profiling 40 benchmark oil exploration and production companies in the U.S. found oil production has remained flat at 1.2 billion barrels per year [...]
Daniel Englander
New Jersey’s Public Service Electric & Gas Company, an investor owned utility, has filed a proposal with the state’s Board of Public Utilities to launch a $45.9 million demand side management program. Demand side management (DSM) is a method utilities use to reduce consumer demand for electricity and gas through the introduction of efficiency measures [...]
Daniel Englander
A motion to break the Republican filibuster in the Senate against the Energy Independence and Tax Relief Act of 2008 failed this afternoon by eight votes. The EITRA contains an eight-year, $17 billion extension for renewable energy tax credits, which are due to expire in December 2008. Among the bill’s components are relief from the [...]