Posted on July 1, 2008 by Dennis Pfaff
- The "clean tech" sector looks to be bouncing back strongly from the credit crunch, with a new report prepared for the United Nations environment program showing a resurgence of interest from investors in alternative energy, so says the U.K.'s Guardian.
- Solar power gets a break in Vermont, with a new program becoming effective in which customers will be paid by Green Mountain Power for all solar energy they generate, according to a statement from Green Mountain.
- Solar also looks to have a bright future in New Mexico, with word that the state's four largest electricity providers will get together on a big commercial generating plant, reported by New Mexico Business Weekly.
- But some in the solar industry continue to growl about the federal government's moratorium on new applications for projects on public lands, says MarketWatch. It's also an issue that Climate Law Update has reported on, of course.
- Maybe it's too much of a good thing, but plenty of wind and rain in the Pacific Northwest adds up to more wind- and water-generated electricity than the transmission grid can deliver to power-hungry California, according to this article in the Portland Oregonian.
- Penguins are in trouble and scientists say a variety of reasons are behind the problems, including climate change, reports the U.K.'s Telegraph.
- Record storms and floods that swept through the Midwest last month underscored the fact that as the nation grows more reliant on corn for fuel it is becoming vulnerable to the hazards posed to crops, says this analysis in The New York Times.
- A doubling of oil prices in the past year was due to strong demand, coupled with shortages of supply and refining capacity -- not speculation, says the International Energy Agency, a Reuters dispatch reports.
- Insurance companies, using computer models showing climate-related impacts such as more severe hurricanes, are boosting premiums and making big money, according to the Wall Street Journal's Environmental Capital blog, citing a story in the Journal.
- Wind power from Oregon will supply customers of Pacific Gas & Electric Co. in California as a result of a new long-term agreement, reports the Portland Business Journal.
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Everywhere under the sun, from California to Florida and lots of other places, there appears to be growing interest in large-scale solar power installations in the United States, at least according to a number of announcements by utilities and vendors....