Green Portfolio: Pacific Ethanol shines

Shares in the suffering utility Pacific Ethanol shot up over 8 percent on Tuesday, reaping the rewards of cheaper ethanol prices, thanks largely to what is expected to be a bumper crop year for U.S. corn. Units of Pacific Ethanol that owned four ethanol plants filed for Chapter 11 protection last month, stung by volatile prices for corn, low fuel demand and the credit crisis.******A senior company official at India’s Suzlon Energy said the wind power company was looking at selling assets and shares to lower its debt, dealing a major blow to its shares, falling 11.44 percent in Tuesday trading.

from FaithWorld:

U.S. conservative Christians sound “cap and trade” alarms

America's social and religious conservatives are turning up the heat as they galvanize heartland opposition against the latest example of President Barack Obama-inspired "socialism" -- a climate change bill that aims to reduce fossil fuel emissions, which most scientists have linked to climate change.  

The Democratic Party-led House of Representatives passed the bill on Friday. It would require large companies, including utilities and manufacturers, to reduce emissions of carbon dioxide and other gases associated with global warming by 17 percent by 2020 and 83 percent by 2050, from 2005 levels. It must still go through the U.S. Senate, where its ultimate fate remains uncertain despite the Democratic majority there.

Microsoft talks carbon-free power

Microsoft Corp Chief Research and Strategy Officer Craig Mundie – the guy in charge of the company’s $9 billion research budget and deep thinking — sat down with Reuters to talk about clean energy — carbon free, not necessarily renewable, in his view. Following are a couple of excerpts.

Mundie talks about why wind and solar power may not be huge players on the renewable energy scene.

Mundie discusses his affinity for novel nuclear approaches.

Another reason for angry teenagers – in the shower

Other than pounding on the bathroom door, there is little one can do to get family members (read teenagers) to take shorter showers. But with mandatory water conservation possibly coming down the pipeline in California’s third year of drought,  one Denver-based company said it has the invention that will help households get through these dry times: the Shower Manager.

The Shower Manager can be programmed to run for five, eight or 11 minutes at full flow. After a warning beep it cuts the flow by two-thirds, just enough to rinse. Five minutes have to pass before it can be reset – an eternity in a shower.

One satisfied customer, Lisa J, was quoted by the company as saying her kids ”call it the Shower Nazi.” The Web site claims a family of four (including two teens) can save $400 annually in water and heating costs – compared to the product’s online price of $125.

There is a cheaper alternative to promoting — though not enforcing — shorter showers. For $15.50, you can get a shower timer in the shape of a duck, a turtle or a star. One person on flickr showed their duck timing a 3 minute shower, prompting the comment (from a teen?): “Woah! I would have a hard time with three-minute showers.”

New ‘gold rush’ buzz hits Germany over Sahara solar

A “gold-rush-like” buzz has spread across Germany in the last week over tentative plans to invest the staggering sum of 400 billion euros to harvest solar power in the Sahara for energy users across Europe and northern Africa. Even though European and Mediterranean Union leaders have been exploring and studying for several years the idea of using concentrated solar power (CSP), the Desertec proposition suddenly captivated the public’s attention a week ago when German reinsurer Munich Re announced it had invited blue chip German companies such as Deutsche Bank, Siemens and several major utilities to a July 13 meeting on the project. The 20 companies aim to sign a memorandum of understanding to found the Desertec Industrial Initiative that could be supplying 15 percent of Europe’s electricity in the decades ahead.

Germany’s deputy foreign minister, Guenter Gloser, has been the government’s point man for the project. I had the chance to talk to him about it.

Question: How did this project to turn the sun in the Sahara into electricity for Europe and north African countries get started? Guenter Gloser: About 15 months ago Germany and France proposed including the solar plan into the list of projects for the Union for the Mediterranean. There were institutions that had already done research and we thought: ‘Why don’t we use this sun belt where there is such an abundance of sunshine as a source of renewable energy?’ Together Germany, France and Egypt put forth this solar plan as one of the six projects for the Euro-Mediterranean Partnership and underscored the fact that it could benefit both sides. It was not an idea where just countries north of the Mediterranean will benefit but rather those countries south of it as well as across the EU would also benefit.

Question: What is the current status of the project? Gloser: We agreed to move forward with the project and want to go forward step-by-step towards its implementation. But obviously neither the EU nor the Arab League will be the principal players but rather private investors. Our task for this project is to create the political framework — for example with setting up of the feed-in tariffs, ensuring the infrastructure is built and ensuring that the renewable energy can be transported to Europe. The political framework can also make it possible to expedite the approvals process. But what is also very important is that the energy produced is also available for countries in the region. For example, Morocco can take advantage of its solar and wind conditions on the Atlantic coast to build solar power plants or wind energy parks to provide energy for its domestic market and to sell energy abroad as well. Even countries such as Algeria, which has fossil fuel reserves, could also use the sun belt for solar thermal power for some of their energy needs — and prolong their fossil fuel reserves.

On the origin of the Darwin myths

Ever been told by a ruthless boss that, “as Charles Darwin said, it’s survival of the fittest”?

Rather than answering that it was actually a one-time sub editor for The Economist magazine, Herbert Spencer, who coined the phrase, or fighting back with an equally wrong comment about someone being descended from monkeys, Darwin academics are calling for a moratorium on the everyday use and abuse of the great naturalist.

Two-hundred years after he was born, and 150 years after he published “On the Origin of Species”, it’s time to check the facts, as “most of what most people think they know about him is not true,” according to Darwin scholar John van Wyhe, a historian of science at the University of Cambridge.

Visiting Singapore for a Willi Hennig Society-organised talk about Darwin and his contemporary Alfred Russel Wallace, who is also the subject of several myths, van Whye ran through a series of widely-believed Darwin misconceptions that make humankind look pretty slow on the uptake. First off, he the pointed out that Darwin and Wallace, were not, really, such iconoclasts.

Compost — or else! San Fran’s not just asking

No more Mr. Nice Green! San Francisco passed what it called the first mandatory requirement to throw carrot peels, moldy bread and other icky compostable material into separate bins in order to improve recycling. Total recycling would rise to 90 percent from a current 72 percent if all of the paper and scraps currently in the garbage were put in the right cans, the city said.

Mayor Gavin Newsom soft-pedaled the sticky side of the situation (although who wants any carrot in this story?). There is a $100 cap for fines on residences and small businesses, and the main goal is public awareness, he said in a statement.

The picture, by Reuters’ Daniel Aguilar, is of a dump in Mexico City, which is facing a crisis on where to put its garbage.

Made Green in California (TM)?

California’s environmental and other regulations are helping to send manufacturers running, but the state can capitalize on its green image (and should streamline regulations) a new study by the Milken Institute says.

The study found that Golden State manufacturing was already contracting at an astounding rate even before the latest meltdown, and that it was lagging some other Western U.S. states which had seen small upticks in jobs for people who make stuff.

In particular, high-tech manufacturing fell to 485,900 jobs in 2007 in California from 629,400 in 2000, the report said.

The report described the state as having “a regulatory regime that uses limits on production and mitigation of environmental impacts in manufacturing processes rather than encouraging higher, smarter, more sustainable forms of production.”

IBM supercomputer reuses heat to warm buildings

IBM’s latest green venture is a highly efficient supercomputer that uses water to siphon off  waste heat, and then uses the excess energy to warm up a building.

High-tech giants from Microsoft to Google are eager to cut the huge amounts of power used to run their data centers, particularly now that the recession has companies leaving no stone unturned to slash costs and global warming is driving them to think green.

Developed by IBM jointly with the Swiss Federal Institute of Technology (ETH) — a sort of Swiss version of the Massachusetts Institute of Technology — the new supercomputer’s microchips avoid cooling with energy-sucking air conditioning.

Thanks to a network of water-carrying “micro-capillaries” that take water very close to the microchips, the system is cooled at a temperature of 60 degrees Celsius, rather than a “normal coolant” that requires a temperature of about 20 degrees Celsius, or air at around 6 to 12 degrees Celsius, according to IBM researcher Dr. Thomas Brunschwiler.

from Entrepreneurial:

What the Tesla founders’ feud can teach entrepreneurs

Tesla Motors Inc. CEO Elon Musk

High-powered electric-car startup Tesla Motors has hit a speed bump with the filing of a lawsuit by former CEO and founder Martin Eberhard.

The libel suit, filed on May 26 in San Mateo County, Calif. Superior Court, alleges current CEO Elon Musk falsely portrayed himself as the founder of the company and orchestrated Eberhard's ouster as original CEO in 2007. In the lengthy 22-page document, Eberhard accuses Musk and Tesla of, among other things, libel, slander, breach of contract, negligence and failure to pay wages. The suit doesn't even refer to Musk as a co-founder, but simply as one of "various investors," who joined the Tesla board in April 2004.

Eberhard's suit claims that from the moment he came on board, Musk "began a campaign to appropriate control of Tesla Motors and Eberhard's legacy as the company's founder and visionary." The suit further alleges that Musk "began a pattern and practice of defaming and disparaging Eberhard in various widely distributed media outlets," a few of which included The New York Times, Newsweek, USA Today and NPR.