The new SEPA report demonstrates that the utility segment is making a major investment to increase the amount of solar energy in power portfolios, with many utilities doubling the amount of solar power in their portfolio in just one year. The installed solar capacity of the top ten ranked utilities rose 25 percent in a tough economy, from 711 megawatts to 882 megawatts.
President Barack Obama announced that automakers must meet average U.S. fuel-economy standards of 35.5 miles per gallon by 2016. This will be an exciting opportunity for automakers that already deliver vehicles that beat 35.5 mpg such as the Ford Fusion Hybrid, Toyota Prius, Honda Insight, Honda Civic Hybrid, and the Mercedes Smart Fortwo. You can buy these gas misers today.
Scientists know how to make fuel from prairie grasses growing on marginal land. They know how to make fuel from fast growing trees with root systems that extend 25 feet into the ground, sequestering carbon emissions and enriching the soil. The problem is making cellulosic and algal fuel in large quantities at costs that compete with fuels from petroleum such as gasoline, diesel, and jet fuel.
Companies that were once darlings of Wall Street have gone bankrupt. Dozens of ethanol plants have closed as oil prices dropped. Many promising second generation plants cannot get built due to lack of project financing. People with the money see the risk as too high. There continue to be zero commercial scale (20-million gallon per year and bigger) cellulosic ethanol plants, despite past glowing press releases that declared that they would now be running.
Zipcar today announced FastFleet by Zipcar, a new service that enables government and other fleet managers to save money, reduce risk and promote sustainability. With FastFleet, for the first time, fleet operators may leverage the same technology that powers Zipcar’s consumer fleet. Washington, D.C., which is the first city in the country to adopt the system, estimates it has saved more than $300,000 during a four month pilot of FastFleet.