Farming the Deep Blue Sea
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G-8 G8 Leaders Agree to "Voluntary, Amorphous Cuts in Climate Emissions
URL: http://www.ens-newswire.com/ens/jun2007/2007-06-07-03.asp Website: http://www.ens-newswire.com/ens/jun2007/2007-06-07-03.asp
All Aboard Europe's First Biodiesel Express
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/42505/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/42505/story.htm
Legislative Updates
The State Utility Commissions of nine southeastern states are urging Congress NOT to adopt a federal renewable portfolio standard (RPS) because it will raise prices for consumers. The states are Alabama, Arkansas, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee. They say that traditional renewable energy sources such as wind energy are not widely available in the southeast, which means utilities in those states would be forced to buy credits from the federal government. The utility commissioners point out that while over 20 states and the District of Columbia have adopted state RPS standards, states have included a wider array of energy sources in their definitions of eligible renewable resources than the proposed federal RPS. They want states to be allowed to tailor their energy sources according to what works best for them, whether it’s wind, solar, nuclear, fuel cells, hydropower, or through energy efficiency. — Representatives Edward Markey (D-Mass.) and Peter DeFazio (D-Ore.) amended the troublesome language of H.R. 2337, negotiating a positive outcome for the wind energy industry in the ongoing situation concerning legislation introduced by Rep. Nick Rahall (D-W.Va.) that in its original form would have brought the wind energy industry to a grinding halt. […]
US Sales of Hybrids Set New High
URL: http://www.greencarcongress.com/2007/06/us_sales_of_hyb.html Website: http://www.greencarcongress.com/2007/06/us_sales_of_hyb.html
Thailand Eyes Green Ticket for Auto Growth
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/42507/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/42507/story.htm
Russia Establishes National Park for Endangered Siberian Tigers
URL: http://www.ens-newswire.com/ens/jun2007/2007-06-08-01.asp Website: http://www.ens-newswire.com/ens/jun2007/2007-06-08-01.asp
Yingli Green Energy Debuts IPO
Chinese solar manufacturer Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) launched its IPO on Nasdaq. Shares were priced at the bottom of the forecast range. The offering raised $319 million, giving the company an initial market cap of $1.39 billion. Yingli expects to use most of the net proceeds to increase its equity interest in its operating subsidiary, Tianwei Yingli, from 70.1% to 73.5%.
Pip-Squeak Power Plant
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Who's Top in Wind?
US independent power producer FPL Energy (NYSE: FPL) narrowly edged out Spanish utility Iberdrola to become the top global wind power owner in 2006, according to the latest rankings from Emerging Energy Research (EER), an advisory and consulting firm that tracks emerging technologies in global energy markets.FPL Energy closed 2006 ahead of Iberdrola by just 156 MW following major US project activations, but Iberdrola will likely reclaim leadership in 2007 with the acquisition of ScottishPower, which represents 1,400 MW of wind power capacity installed in the UK and the US. According to EER, the top 20 wind plant owners together account for about a third of wind power capacity worldwide.“Competition for global wind power leadership remains intense, with North America’s sustained growth providing a major boost to FPL and up-and-coming IPPs to compete with the acquisition strategies of European rivals,” says EER Research Director Keith Hays. “The rankings reflect a continuation of European utility dominance, though US players’ activations of mega projects and North America’s broader growth prospects will increase competition across the Atlantic in the near future.” Led by firms active in the U.S. and Spain, the top 20 wind power operators added over 5,100 MW in 2006 – […]