Business

Solar power plants face problems in California

During my daily hours of ride in the trains to go and come back from the job I read books but also newspapers. This allowed me to read a great article in the New York Times about an unexpected problem with solar power plants in California. ” Just weeks after regulators approved the last of …

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Cleantech investments to reach $240 bn this year

If you think business is bad in every sectors, think again. To Reuters : ” Brazil, China and India are expected to fuel global investments in clean energy in 2011 that are expected to reach $240 billion. (175 billion euros) The U.N.’s environmental unit (UNEP) said investment in renewable energy hit $180-$200 billion (130-145 billion …

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Can the US stop subsidizing coal and oil ?

Coal and oil are the two most polluting fossil fuels and energy sources to date. Despite this, both are receiving huge subsidies from the United States federal and local governments. To Climate Progress, the coal industry received around $3 billion (2.2 billion euros) per year between 2002 and 2008 and to the New York Times, …

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Saudi Arabia overstated its oil reserves by 40%

To the Guardian : ” The US fears that Saudi Arabia, the world’s largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in show. The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the …

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Will molybdenite be better than graphene ?

As CleanTechnica recently noted : ” A serious challenger has emerged to take on graphene’s title as the miracle material of the 21st century, and that is a common, silvery looking mineral called molybdenite. (…) The lead researcher asserts that compared to conventional silicon transistors, a molybdenite transistor would use about 100,000 times less energy …

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Worth an article – my January 2011 tweets

I have been committed since January 2007 to bring you each month a selection of the latest headlines and best researches on sustainable development, climate change and the world energy sector. However, I don’t blog as much as I would like to and generally write around 25 posts per month. But many more news are worth …

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Avanti ! Italy goes forward on solar

Italy is currently in the news more because of Berlusconi’s taste for orgies but little is written on the expansion of solar photovoltaic there. However, there is much to write as it installed 6,000 MW of solar PV capacity in 2010 alone. To Cleantechies : ” 7 GWs of PV power will yield well over …

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Was it Obama’s “moon shot speech” ?

The State of the Union speech given yesterday by President Barack Obama might well stay in the History books like John Fitzgerald Kennedy moon shot speech that sent Americans on the moon in less than a decade. Indeed President Obama asked for 80% of America’s electricity from ‘clean energy’ by 2035 (including clean coal and …

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Global clean power: A $2.3 trillion opportunity

While browsing the people I follow on Twitter I found an interesting study from the Pew Charitable Trust noting that global clean power investments could reach $2.3 trillion by 2020. Yes, that’s 1,750 billion euros ! ” the report extrapolated from 2009 clean energy investments to conclude that such financing could reach US$2.3 trillion globally …

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European Union to exceed its renewables goals

Good news everyone ! To Cleantechies : ” The European Union will exceed its target of meeting 20 percent of its energy needs from renewable sources by 2020 (…). Twenty-five of the 27 EU nations will meet or exceed their national targets. “ This comes from a report from the European Wind Energy Association which …

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