Summit Notebook
Exclusive outtakes from industry leaders
60-hour work weeks, all in the name of climate change
Some politicians may be accused of dragging their heels when it comes to dealing with climate change, but you can’t say members of the United Nations’ Clean Development Mechanism’s executive board aren’t clocking in the hours.
The Clean Development Mechanism (CDM), an emissions trading scheme under the Kyoto Protocol worth $33 billion last year according to the World Bank, allows companies and countries to outsource their greenhouse gas reduction efforts by investing in clean energy projects in emerging countries like China and India, where making emissions cuts costs less.
Projects are submitted to the CDM for registration and a staff of over 100 examine and scrutinize each one to ensure environmental integrity.
The whole scheme is supervised by a 20-member executive board, chaired by Lex de Jonge of the Netherlands’ environment ministry.
Google’s Green Energy Czar on investing in renewables
Bill Weihl, Google’s Green Energy Czar, sat down at Reuters’ Global Climate and Energy Summit in San Francisco and talked about Google’s solar thermal project, infrastructure costs and where he sees the energy mix heading in 20 years.
Here he chats about emerging clean tech hubs and what the United States should do about investing in renewables.
Silver Spring Networks shows grid smarts
Scott Lang, the Chief Executive of Silver Spring Networks, sat down at Reuters’ Global Climate and Alternative Energy Summit in San Francisco to talk about building and expanding within green tech sector.
Here Lang discusses how his company’s technology for reporting power consumption to utilities also finds problems quickly.
BrightSource CEO talks about building carbon-free future
John Woolard, the chief executive of solar thermal energy company BrightSource, sat down at Reuters’ Global Climate and Alternative Energy Summit in San Francisco to talk about energy efficiency, project financing and the future of carbon-free power.
His advice: build fast!
(Editing/video by Courtney Hoffman)
Apple’s iPhone takes slow boat to China
In China, Apple’s iPhone commands a strange presence. Perenially “coming out”, already widely available on the black market, viewed with trepidation by local telecom players but with undisguised lust by affluent consumers.
Sanford C. Bernstein Toni Sacconaghi thinks the wildly popular device will arrive in the Middle Kingdom before the end of the year, after a long haul of negotiations with state-run telecom carriers keen to control the content to be sold over the gadget.
Facebook’s Zuckerberg talks MySpace, Twitter
Facebook co-founder and CEO Mark Zuckerberg spoke to the Reuters Global Technology Summit on Tuesday and while he wouldn’t touch TechCrunch’s report about financing and valuation, he did opine about a few of Facebook’s Web peers:
On the difference between Facebook and MySpace:
I think MySpace defines themselves as more of a media company and a media portal. A way to see the different content that is going on, or a way for a News Corp parent company to spread content through the network. Facebook has always been more focused on helping people build out their identity, helping people maintain their relationships and communicate really efficiently. We have talked about ourselves as a technology company a lot as opposed to a media company.
from Global Investing:
Reuters Funds Summit: The end of equities?
Another in our series of one-minute managers. This time it is Ken Kinsey-Quick, who heads up multi manager investing at Thames River Capital. He reckons the old days of buying and holding equities over the long term are gone for good. Is he right?
