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Podcast: Green Week in Review – March 20, 2009

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The Green Week in Review is a podcast, hosted by SustainableBusiness.com News Editor Bart King. It’s posted every Friday morning and is about 15 minutes long. You can listen to it through your browser or download it to a portable MP3 player. Sign up for our General News RSS Feed and it will be automatically downloaded to your computer’s media player each week. In this week’s show… The U.S. EPA announced that it will begin monitoring air quality around schools, particularly near industrial and high-traffic areas. The Department of Housing and Urban Development (HUD) and the Department of Energy (DOE) announced a partnership to streamline weatherization programs. The Obama administration announced it would turn back changes to the endangered species act made by the Bush Administration. Green jobs advocate Van Jones began work with the Obama administration. The EPA proposed the first nationwide system for industry reporting of greenhouse gas emissions. Interior Secretary Ken Salazar issued an order to make renewable energy a top priority, and the DOI and FERC are working through a turf war that affects offshore wind and wave energy. The nomination of Gary Locke for commerce secretary was confirmed by Senate committee. Also, a report that […]

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The State of Green Investing 2009

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This is an excerpt from our Special Report: The State of Green Investing 2009, produced by our green investment newsletter, Progressive Investor. You can purchase the report for $89 or receive it as part of a 5 month ($112) or a year ($185) subscription. See the Table of Contents. We included this excerpt to give you some insight into how we fold recommended green investments into the larger view of current market conditions. The following interview is with Patrick McVeigh, president of Reynders, McVeigh Capital Management, a green/social portfolio management firm. We talked about his impression of market conditions, the impact of the stimulus plan on cleantech, and how they are managing porfolios under these circumstances. PI: What’s your impression of current market conditions? Patrick McVeigh: We’re open to the idea that this isn’t a decade long mess we’re staring into, but the problems caused by too much debt in the world will not be easy to correct. We’re looking for early indicators of change in the economy, and will increase our equity positions when we have more confidence we’re at a turning point. There are still risks. We’re still at an early stage of working off the excess leverage […]

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Weekly Clean Energy Roundup: March 25, 2009

DOE: $2.4B for Plug-in Vehicles DOE: $535M Loan Guarantee to Solyndra Solar: Grew at a Record Pace in 2008 Georgia Power to Switch Coal Plant to Biomass Regulators Propose Priorities for Smart Grid Standards Insurance Regulators Require Climate Change Risk Disclosure DOE Offers $2.4B to Support Plug-In Vehicles President Obama announced last week that DOE is offering up to $2.4 billion in American Recovery and Reinvestment Act funds to support next-generation plug-in vehicles and their advanced battery components. Of the $2.4 billion, $1.5 billion in grants will go to U.S. manufacturers to produce high-efficiency batteries and their components; $500 million in grants will go to U.S. manufacturers to produce other components needed for electric vehicles, such as electric motors; and $400 million will go towards projects that demonstrate and evaluate plug-in hybrids and other electric infrastructure concepts. When these vehicles are offered for sale, U.S. residents who purchase them will be able to claim a tax credit of up to $7,500. Building a U.S. plug-in vehicle industry will create tens of thousands of jobs. DOE will provide assistance to construct or upgrade battery manufacturing, component, and recycling plants for lithium-ion and other advanced batteries, as well as for factories producing […]

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