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Americas water news in brief
"AMERICAS WATER NEWS IN BRIEF"
Unlocking Energy Efficiency in the US Economy: $ 700 Bn potential
The research shows that the U.S. economy has the potential to reduce annual non-transportation energy consumption by roughly 23 percent by 2020, eliminating more than $1.2 trillion in waste – well beyond the $520 billion upfront investment (not including program costs) that would be required. The reduction in energy use would also result in the abatement of 1.1 gigatons of greenhouse gas emissions annually – the equivalent of taking the entire U.S. fleet of passenger vehicles and light trucks off the roads.
The U.S. wind energy industry installed 1,210 megawatts in Q2 09
The U.S. wind energy industry installed 1,210 megawatts (MW) of new power generating capacity in the second quarter, bringing the total added this year to just over 4,000 MW - an amount larger than the 2,900 MW added in the first six months of 2008, the American Wind Energy Association (AWEA) said recently in its second quarter (Q2) market report.
Renewable Energies in the USA: German Solar association gives overview on FIT
Gerhard stri-hipp speaks on the comparison of the incentive systems of the world leading solar markets and shows conclusions for the US.
Energy, utilities & mining - US power utilities
Unable to retrench like their unregulated counterparts, utilities are investing more than they were just a few years ago while paying record spreads over risk-free rates for financing. At the same time, revenues are under pressure due to softening power prices and an economically driven drop in demand. The past three months have seen a 1.8 per cent drop in US power usage versus the same period a year ago, according to the Edison Electric Institute. Adding insult to injury, Macquarie Research reckons regulators might become less generous when setting rates since compressed Treasury note yields may be used to justify a lower regulated return on equity.
President Obama Calls for Greater Use of Renewable Energy
President Barack Obama was sworn in on January 20, and his inaugural address called for the expanded use of renewable energy to meet the twin challenges of energy security and climate change.
China reverting to form as the world's workshop
China is set to overtake the US next year as the world's largest producer of manufactured goods, four years earlier than expected, as a result of the rapidly weakening US economy.
The great leap is revealed in forecasts for the Financial Times by Global Insight, a US economics consultancy. According to the estimates, next year China will account for 17 per cent of manufacturing value-added output of $11,783bn (£6,130bn) and the US will make 16 per cent.
The Oil Drum | Has Fossil Fuel Consumption Within the EU Peaked?
As this post will show the likelihood that the EU’s fossil fuel consumption has peaked, back in 1979, is now very real. It will also compare the degree of net fossil fuel self-sufficiency between the EU and the USA as of 2007.
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