The Regional Greenhouse Gas Initiative marked the start of operations Friday, trading 70 futures and options contracts on the Chicago Climate Futures Exchange. The contracts, which represent 70,000 emissions credits, were the first traded in the U.S. under a regulated cap-and-trade scheme. Many believe RGGI, which comprises 10 Northeastern and Mid-Atlantic states, will set the [...]
British consumers may soon feel the pinch of higher water rates. Between 2010 and 2015, British water utilities claim they will need to make £27 billion in infrastructure investments to comply with the EU-wide Water Framework Directive, which requires water utilities to comply with new water conservation and pollution standards aimed at adapting to climate [...]
Green homes represent one of the most promising markets in green tech today, in my opinion. The modular homes coming from companies such as Michelle Kaufmann Design (see snazzy video here) and Living Homes can be built at close to the same cost as regular homes but save their owners massive amounts of money over [...]
Archer Daniels Midland will begin work on sugarcane ethanol production in Brazil, a company spokesman said this week. The world’s largest grain producer cited margin compressing corn prices and construction costs as the main driver, though the slowly shifting U.S. policy climate has given a number of the major ethanol players reason to look elsewhere. [...]
The end of the week probably set the stage for U.S. energy policy for the coming decades. Here’s the summary:
While Congress partisans fought bitterly over oil drilling, a group of ten moderates in the Senate (five Dems, five Republicans) came up with compromise plan. It would allow more drilling on the East Coast. In [...]
Shame on you, Harry Reid.
At 11:50 a.m. today the bill containing extensions for the production and investment tax credits was voted down in the Senate. Democrats failed to gain the 60 votes necessary to invoke cloture and start floor debate on S. 3335, the Jobs, Energy, Family, and Disaster Relief Act of 2008, picking up [...]
Green Light is the traffic cop at the intersection of green technology, business and policy. We cover the highs and lows of the greentech market, providing news, commentary and analysis on the companies and personalities–-winners and losers alike-–driving its growth and evolution.
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