Economic Development

2% of Global GDP Invested in 10 Sectors — Result: A ‘Green Global Economy’

13 years ago proteus 1 Comment

Directing “just 2 percent of global GDP into 10 key sectors would kick-start” the global transition to a more sustainable, ‘Green Economy,’ according to a UN Environmental Program report. All the elements to enact a transition to a “low-carbon, resource-efficient and socially inclusive global economic model” are here now, and businesses and governments are already promoting and fostering greater investments in 10 key sectors UNEP has singled out: agriculture, energy, buildings, water, forestry, fisheries, manufacturing, waste, tourism and transport.

$500 Billion in Fossil Fuel Subsidies; Removing Them Would Boost Growth & Revenues, Reduce Greenhouse…

13 years ago proteus 6 Comments

The OECD and IEA are urging global leaders to do more to phase out fossil fuel subsidies, which they say will boost growth, job creation and revenues while mitigating climate change. In a groundbreaking report, the OECD detaisl fossil fuel subsidies around the world, highlighting the key elements of strategies that some governments are using to remove them.

Locally Produced, Consumed Solar Power & Inventor Nationalism: A New Model to Spur US Manufacturing…

13 years ago proteus 2 Comments

Prolific inventor and Silicon Valley serial entrepreneur Kent Kernahan and partners believe they’re on to a way for US inventors, and local governments and communities to play a direct, pivotal role in revitalizing US manufacturing and job growth. Through their latest ventures, Ideal PV and Locally Grown Power, they’re looking to leverage Kernahan’s latest solar power innovations in building solar PV panel plants with local governments and community groups that will produce and consume clean, renewable power locally and sustainably over the long term.

Local Solar Could Power the Mountain West Right Now, All of America in 2026

13 years ago John Farrell 9 Comments

The Germans have installed over 10,000 megawatts of solar panels in the past two years, enough to power 2 million American homes (or most of Los Angeles, CA). If Americans installed local solar at the same torrid pace, we could already power most of the Mountain West, could have a 100 percent solar nation by 2026, while enriching thousands of local communities with new development and jobs.

Can Cash Payments Win Over Wind Project Opponents?

13 years ago John Farrell 0 Comments

A 50-turbine wind farm in Goodhue County in southeastern Minnesota has met with stiff local resistance, a frequent tale in the wind industry. Recently, the project developer won a key court case to move forward, after making concessions about the distance (“setback”) between the wind farm and local homes. However, many residents remained unconvinced that the project was in their best interest.

Energy Self-Reliance Worth 20 Times the Economic Benefit for Missouri

13 years ago John Farrell 0 Comments

In a stunning reversal of popular wisdom, overzealous state legislators and interest groups are jeopardizing over $4 billion in economic activity and thousands of jobs promised in Missouri’s 3-year old renewable energy law. Missourians should override their mistaken legislators, reaffirming their commitment to local renewable energy and even consider the benefits of maximizing the state’s clean electricity production.

Geothermal Energy to Meet 30% of Kenya’s Electricity Needs by 2030

13 years ago proteus 2 Comments

With climate change, food and energy security prominent and increasingly urgent concerns in East Africa, Kenya and the regional African Rift Geothermal Development Facility are working to accelerate development of the region’s vast geothermal energy resources, which are estimated to range between 7GW and 10GW in Kenya alone. Nineteen companies just submitted bids to Kenya’s Geothermal Development Co. to develop eight 100MW geothermal power plants in the country’s northwest. The government anticipates that geothermal power will supply 30% of the country’s 15,000MW in additional generation capacity over the next 20 years.

Japan to Help India Build 24 Green Cities

14 years ago Mridul Chadha 5 Comments

Japan will contribute in terms of credit and technology in an ambitious and ground-breaking infrastructure project which will build 24 green cities in India’s western region. The project is part of the proposed $90 billion Delhi-Mumbai Industrial Corridor mega-infrastructure project which aims at boosting the economic growth along the about … [continued]