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Posted on Sustainabilitank.info on November 2nd, 2008 Google got onto a Green Business Information Spree With Its GREEN CHIP sending out Green Chip Review International Companies are Dominating the Cleantech Space: Many of the world’s new energy technologies are being developed in countries outside the United States. Germany, for example, is mother to the modern solar industry. The Danes have all but cornered the wind industry with the now-famous Vestas Wind Systems. Green Chip International is taking full advantage of this phenomenon. Its latest German solar recommendation is up about 11% in under two weeks. Everyday, international renewables companies are delivering monster gains. Further: Google’s Green Imperative The Lawrence Berkeley National Laboratory, a U.S. Department of Energy research center at the University of California, says data center energy costs can be 100-times higher than those for typical buildings. Or, as the techies put it: RE < C Intel and Google are both pushing hard into power reduction and production. Intel has paved the way in energy-efficient microchips, and Google’s constant advances in streamlining daily life make telecommuting more possible than ever. But with well over 200,000 buzzing servers used to run the world’s top search engine, it appears that Google’s massive data processing facilities may have started something of an IT arms race. The quest for cheap power today is already pushing American tech heavyweights from Silicon Valley overseas, to downstream solutions for energy optimization… According to Strand’s piece in Harper’s, “Microsoft has announced plans for a data center in Siberia, AT&T has built two in Shanghai, and Dublin has attracted Google and Microsoft. In all three locations, as in the United States, the burning of fossil fuels accounts for a majority of the electricity.” But keep in mind that the same low-cost draw of Chinese energy is also attracting foreign direct investment that goes further in China than it would in U.S. startups. Intel announced in the last week of October that it will invest $20 million in a Chinese solar power company through its investment arm, Intel Capital. Moves like that earned Intel the EPA Green Power Partner of the Year designation, awarded to companies that voluntarily move to minimize their carbon footprint and ramp up efficiency.
*** Carbon neutrality is a primary goal, and the next step is fostering new power generation techniques for server farms and other juice-guzzling technologies. In September, before the stock market collapse got Washington talking about large-scale investment projects and job creation schemes, Google CEO Eric Schmidt spoke passionately about political will and competitive reality to a roomful of his peers at the Corporate EcoForum: “Why not retool the infrastructure in the U.S.?” he added rhetorically. Well, there’s no good reason why not, other than putting off until tomorrow what could be done today. Google and Intel see energy efficiency as an industrial imperative. To increase shareholder value and minimize costs, smart power is a must. Same goes for the country and the world. Taxpayers will reap the rewards of energy investments with jobs and GDP growth. Schmidt sees a pathway to the kind of sustainable competition that can move us forward, rather than engaging in a race-to-the-bottom mentality of outsourcing and cost-cutting that has dominated in recent decades. It’s no wonder, then, that Schmidt is rumored to be on the short list for a national chief technology officer position that Barack Obama has promised to create, in the event he wins office next Tuesday. Google has set the standard for IT excellence since the turn of the millennium. Out of the thousands of companies that rose and fell during dot-com mania, Google survived to change the way information flows and the way many industries work.
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Posted on Sustainabilitank.info on November 1st, 2008 This Stock Collapse Is Petty When Compared to the Nature Crunch. The financial crisis at least affords us an opportunity to now rethink our catastrophic ecological trajectory. This is nothing. Well, nothing by comparison to what’s coming. The financial crisis for which we must now pay so heavily prefigures the real collapse, when humanity bumps against its ecological limits. As we goggle at the fluttering financial figures, a different set of numbers passes us by. On Friday, Pavan Sukhdev, the Deutsche Bank economist leading a European study on ecosystems, reported that we are losing natural capital worth between $2 trillion and $5 trillion every year as a result of deforestation alone. The losses incurred so far by the financial sector amount to between $1 trillion and $1.5 trillion. Sukhdev arrived at his figure by estimating the value of the services — such as locking up carbon and providing fresh water — that forests perform, and calculating the cost of either replacing them or living without them. The credit crunch is petty when compared to the nature crunch. ***
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I am not going to suggest, as some scoundrel who shares a name with me did on these pages last year, that we should welcome a recession. But the financial crisis provides us with an opportunity to rethink this trajectory; an opportunity that is not available during periods of economic success. Governments restructuring their economies should read Herman Daly’s book Steady-State Economics. A steady-state economy has a constant stock of capital that is maintained by a rate of throughput no higher than the ecosystem can absorb. The use of resources is capped and the right to exploit them is auctioned. Poverty is addressed through the redistribution of wealth. The banks can lend only as much money as they possess. Alternatively, we can persist in the magical thinking whose results have just come crashing home. The financial crisis shows what happens when we try to make the facts fit our desires. Now we must learn to live in the real world. —————- ### |
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Posted on Sustainabilitank.info on October 31st, 2008 Subject: 2009 POSTDOCTORAL FELLOWSHIPS - IIASA The International Institute for Applied Systems Analysis (IIASA) invites applications for two Postdoctoral Research Fellow positions. IIASA is an international research organization located in Laxenburg, 16 km south of Vienna, Austria. Some 200 mathematicians, social scientists, natural scientists, economists and engineers from over 35 countries conduct inter-disciplinary research on environmental, economic, technological, and social issues in the context of human dimensions of global change, in particular climate change. Candidates should have a doctoral degree for less than five years at the application deadline, with a proven record of research accomplishments. Scholars will conduct their own research within one of IIASA’s research programs or special projects on topics closely related to IIASA’s agenda. The IIASA programs of past, research projects have included studies of: global climate changes, world agricultural potential, energy resource requirements and implications, regional patterns of acid emission and deposition, risk analysis and management, social and economic impacts of demographic changes, and the theory and methods of systems analysis. Following the strategic and research goals set by its governing Council, since 2000, IIASA’s research is being carried out under three core themes: Environment and Natural Resources Closing date for applications is February 1, 2009. Full details about the Program, including an on-line application form can be found at http://www.iiasa.ac.at/Admin/YSP/pdoc/te… Contact details ### |
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Posted on Sustainabilitank.info on October 31st, 2008 From: Dan.Harding at earthscan.co.uk on Sustainable Investing £19.99 , Hardback Sustainable InvestingThe Art of Long-Term Performance: Cary Krosinsky and Nick Robins. ‘Buy and read this book. Without it, you are playing yesterday’s game,’ says Robert A. G. Monks. ‘Essential reading, whether you are an investor, a CEO or simply someone wanting to enjoy both a pension and a world fit for future life,’ says John Elkington, co-founder of ENDS, SustainAbility and Volans, and co-author of The Power of Unreasonable People . ‘A significant contribution to a rapidly growing field … This is a must-read book for practitioners and investment analysts alike,’ says Gordon L. Clark, Oxford University. ‘This book richly deserves to be read by everyone in the investment community - and many beyond,’ says Rob Lake, APG Investments, The Netherlands . Sustainable Investing is fast becoming the smart way of generating long-term returns. With conventional investors now scrambling to factor in issues such as climate change, this book captures a turning point in the evolution of global finance. Bringing together leading practitioners of Sustainable Investing from across the globe, this book charts how this agenda has evolved, what impact it has today, and what prospects are emerging for the years ahead. Sustainable Investing has already been outperforming the mainstream, and concerned investors need to know how best to position themselves for potentially radical market change. ‘This splendid book provides up to date analyses of virtually the entire spectrum of socially related investment possibilities. The field is in a rapid state of change - Steve Viederman’s lovely piece on the Fiduciary remains a constant guide - I recommend to everyone that you buy and read this book. Without it, you are playing yesterday’s game.’ Cary Krosinsky is a long-standing expert on the intersection of equity ownership and Sustainable and Responsible Investing, and is now Vice President, North America of Trucost Plc. Nick Robins, former Head of SRI research and SRI funds at Henderson Global Investors, is now Head of the HSBC Climate Change Centre of Excellence. Foreword by Steve Lydenberg * Introduction * Part I: The Rise of Sustainable Investing * The Emergence of Sustainable Investing * Sustainable Equity Investing: The Market-Beating Strategy * Investors: A Force for Sustainability * Sustainability Analysis * Part II: Confronting New Risks and Opportunities * Observations from the Carbon Emission Markets: Implications for Carbon Finance * Carbon Exposure * Clean Energy Opportunities * Water * Part III: Sustainability Across the Other Asset Classes * Fixed Income and Microfinance * Sustainable and Responsible Property Investing * Private Equity: Unlocking the Sustainability Potential * Social Businesses * Part IV: Future Directions and Trends * China * India * Civil Society and Capital Markets * Fiduciary Duty * The Global Agenda * Conclusion: Sustainable Investing - The Art of Long-Term Performance * Index ### |
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Posted on Sustainabilitank.info on October 30th, 2008 A waste of energy: The flawed economics of nuclear power. In an excellent recent analysis, “The Nuclear Illusion,” Amory B. Lovins and Imran Sheikh put the cost of electricity from a new nuclear power plant at 14¢ per kilowatt hour and that from a wind farm at 7¢ per kilowatt hour. This comparison includes the costs of fuel, capital, operations and maintenance, and transmission and distribution. It does not include the additional costs for nuclear of disposing of waste, insuring plants against an accident, and decommissioning the plants when they wear out. Given this huge gap, the so-called nuclear revival can succeed only by unloading these costs onto taxpayers. If all the costs of generating nuclear electricity are included in the price to consumers, nuclear power is dead in the water. To get a sense of the costs of nuclear waste disposal, we need not look beyond the United States, which leads the world with 101,000 megawatts of nuclear-generating capacity (compared with 63,000 megawatts in second-ranked France). The United States proposes to store the radioactive waste from its 104 nuclear power reactors in the Yucca Mountain nuclear waste repository, roughly 90 miles northwest of Las Vegas, Nevada. The cost of this repository, originally estimated at $58 billion in 2001, climbed to $96 billion by 2008. This comes to a staggering $923 million per reactor — almost $1 billion each — assuming no further repository cost increases. One of the risks of nuclear power is a catastrophic accident like the one at Chernobyl in Russia. The Price-Anderson Act, first enacted by Congress in 1957, shelters U.S. utilities with nuclear power plants from the cost of such an accident. Under the act, utilities are required to maintain private accident insurance of $300 million per reactor — the maximum the insurance industry will provide. In the event of a catastrophic accident, every nuclear utility would be required to contribute up to $95.8 million for each licensed reactor to a pool to help cover the accident’s cost. The collective cap on nuclear operator liability is $10.2 billion. This compares with an estimate by Sandia National Laboratory that a worst-case accident could cost $700 billion, a sum equal to the recent U.S. financial bailout. So anything above $10.2 billion would be covered by taxpayers. Another huge cost of nuclear power involves decommissioning the plants when they wear out. A 2004 International Atomic Energy Agency report estimates the decommissioning cost per reactor at $250-500 million, excluding the cost of removing and disposing of the spent nuclear fuel. But recent estimates for some reactors, such as the U.K. Magnox reactors that have high decommissioning waste volumes, decommissioning costs can reach $1.8 billion per reactor. In addition to the costs just cited, the industry must cope with rising construction and fuel expenses. Two years ago, building a 1,500-megawatt nuclear plant was estimated to cost $2-4 billion. As of late 2008, that figure had climbed past $7 billion, reflecting primarily the scarcity of essential engineering and construction skills in a fading industry. Nuclear fuel costs have risen even more rapidly. At the beginning of this decade uranium cost roughly $10 per pound. Today it costs more than $60 per pound. The higher uranium price reflects the need to move to ever deeper mines, which increases the energy needed to extract the ore, and the shift to lower-grade ore. In the United States in the late 1950s, for example, uranium ore contained roughly 0.28 percent uranium oxide. By the 1990s, it had dropped to 0.09 percent. This means, of course, that the cost of mining larger quantities of ore, and that of getting it from deeper mines, ensures even higher future costs of nuclear fuel. Few nuclear power plants are being built in countries with competitive electricity markets. The reason is simple. Nuclear cannot compete with other electricity sources. This explains why nuclear plant construction is now concentrated in countries like Russia and China where nuclear development is state-controlled. The high cost of nuclear power also explains why so few plants are being built compared with a generation ago. In an illuminating article in the Bulletin of the Atomic Scientists, nuclear consultant Mycle Schneider projects an imminent decline in world nuclear generating capacity. He notes there are currently 439 operating reactors worldwide. To date, 119 reactors have been closed, at an average age of 22 years. If we generously assume a much longer average lifespan of 40 years, then 93 reactors will close between 2008 and 2015. Another 192 will close between 2016 and 2025. And the remaining 154 will close after 2025. But only 36 nuclear reactors are currently under construction worldwide — 31 of them in Eastern Europe and Asia. Although there is much talk of building new nuclear plants in the United States, there are none under construction. What these numbers indicate, Schneider points out, is that plant closings will soon exceed plant openings — and by a widening margin in the years ahead. The trend is clear. From 2000 to 2005, an average of 4,000 megawatts of nuclear generating capacity was added each year. Since 2005, this has dropped to only 1,000 megawatts of additional capacity per year. Even if all reactors scheduled to come online by 2015 make it, the projected closing of 93 nuclear reactors by then will drop nuclear power generation roughly 10 percent below the current level. Unless governments start routinely granting operating permits for reactors more than 40 years-old, a half-century of growth in world nuclear generating capacity is about to be replaced by a long-term decline. Despite all the industry hype about a nuclear future, private investors are openly skeptical. In fact, while little private capital is going into nuclear power, investors are pouring tens of billions of dollars into wind farms each year. And while the world’s nuclear generating capacity is estimated to expand by only 1,000 megawatts this year, wind generating capacity will likely grow by 30,000 megawatts. In addition, solar cell installations and the construction of solar thermal and geothermal power plants are all growing by leaps and bounds. The reason for this extraordinary gap between the construction of nuclear power plants and wind farms is simple: wind is much more attractive economically. Wind yields more energy, more jobs, and more carbon reduction per dollar invested than nuclear. Though nuclear power plants are still being built in some countries and governments are talking them up in others, the reality is that we are entering the age of wind, solar, and geothermal energy. ### |
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Posted on Sustainabilitank.info on October 30th, 2008 Energy Security by Sascha Müller-Kraenner. Earthscan - £19.99 Related Subject Areas: ‘If we can achieve energy security we can not only free ourselves from dependence on fossil fuels - we can also realize environmental security and a whole host of other central developmental and poverty alleviation goals.’ ‘It is the author’s great achievement to enlighten his readers about the interface between energy supply and politics.’ ‘With history lessons, economic insights, environmental science observations, demographic trends, policy analysis, and even elements of a political thriller, Müller-Kraenner cuts through the confusion and complexity, clarifying the options for a sustainable energy future.’ ‘Essential reading for everyone who wants to understand how Europe should respond to the double challenge of energy security and climate change.’ HUMANITY STANDS AT A THRESHOLD: will its shared energy future be peaceful, or will it be threatened by resource wars? How can rapidly depleting resources be managed to the advantage of all, and therefore conflicts averted? How can we avoid irreparable damage to the last areas of untouched natural beauty, all in the name of accessing valuable resources? And how do we arrive at an international energy policy which not only provides safe, economical energy without conflict, but also addresses the all-important issue of climate change: What is the best way to achieve greater energy security?
——– Sascha Müller-Kraenner is Senior Policy Adviser and the European Representative to The Nature Conservancy. He is also a partner of Ecologic Institute (Berlin) and a lecturer at the Hertie School of Governance. ——– Contents: Introduction, What is Energy Security? - Facing a New Energy Crisis - The Great Game for Measuring the World - Energy Superpower Russia - The Rise of Asia - A Common European Energy Policy - Defending the Last Paradise - Ways Out of Dependence: Solar or Nuclear? - The Strength of the Law and the Diplomacy of the Future - Index ### |
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Posted on Sustainabilitank.info on October 30th, 2008 China’s Key Energy Policy Institution Joins REEEP Beijing, October 30, 2008 Today at the Global Wind Energy Conference in Beijing, the Energy Research Institute (ERI), a key division of National Development and Reform Commission (NDRC), formally joined REEEP. NDRC is the main policy making body in China on energy, environment and climate change. The signing ceremony was attended by senior Chinese government officials from NDRC and the National Energy Agency (NEA) and also representatives from local diplomatic missions of key REEEP partner and donor countries – United Kingdom, Norway, Australia and Italy.
REEEP has been working in China since 2003, implementing sixteen projects focused on policies, regulations, finance and business issues. REEEP and CRED, one department of ERI focusing on policy research for renewable energy, worked a National Implementation Roadmap for Wind and a study on the potential for Biomass Co-firing in coal-fired power stations. China intends to use REEEP as a vehicle to gain access to international experience and best practices on energy efficiency and renewable energy, in order to strengthen the significant efforts that China has already made in renewable energy and energy efficiency development. REEEP will also work together with ERI to support new policy measures that increase the role of sustainable energy in China’s transition to a low carbon economy. ### |
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Posted on Sustainabilitank.info on October 30th, 2008 The Dirty Secret Behind the Candidates’ “Clean Energy” Proposals: Many of the promises the candidates make on the stump would have trouble passing muster with the WTO — that’s the whole point (reasoning) of “free trade” deals. By Joshua Holland, AlterNet staff writer, October 30, 2008. Many of the promises the candidates make on the stump would have trouble passing muster with the WTO — that’s the whole point of “free trade” deals.
Domestic policies that extend beyond the WTO constraints are subject to challenge by other WTO signatory countr |























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