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China CDM Fund, the government body that invests money from carbon credits, will almost double its available cash for renewable energy projects to 10 billion yuan ($1.5 billion) in 2012, the vice director of the fund said.
The fund, which manages 6 billion yuan currently, will add as much as 3 billion yuan a year through 2012, Jiao Xiaoping, deputy director general of China CDM Fund, said in an interview in Shanghai yesterday.
A new report from Pike Research forcasts good news for renewable energy and mobile base stations (the wireless communications station used to connect cell phone networks). Clean energy will power 4.5% of base stations by 2014, and while that doesn't sound like much, it's a boost up from the mere 0.11% in 2010, or a 40.9% increase. But even more exciting is the percentage of base stations powered by renewable energy in developing countries will jot up to 8% by 2014. With mobile phone subscriptions hitting 5 billion worldwide, a boost in clean energy is a big deal for carbon emissions.
"Energy efficiency can create 38,000 new jobs for North Carolinians while saving consumers $3.6 billion in energy bills, according to a new report released today by the American Council for an Energy-Efficient Economy (ACEEE). The report, North Carolina’s Energy Future: Electricity, Water, and Transportation Efficiency, suggests a broad set of policies that can meet nearly a quarter of the state’s energy demand and enables North Carolina to become a national leader in clean energy development and deployment while boosting the state’s economic growth.
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Kicking off a race to jumpstart American jobs in a clean economy, Nike, Starbucks, and other businesses, unions and youth groups in Oregon are urging Congress to approve a comprehensive climate change legislation this year, reports The Oregonian.
public opinion data on global warming also points in one direction: Americans support investments in clean energy, and want action to reduce global warming pollution. Poll after poll finds majorities support these measures, despite the worst economy in eighty years, and $100 million and growing of big oil and coal advocacy to defeat clean energy and global warming legislation.
The Energy and Commerce Committee finally released a summary (here) of the American Clean Energy and Security Act as reported by the Committee on May 21 by a vote of 33 to 25. Here are the key provisions:
Hawaii signed an agreement with the U.S. Department of Energy (DoE) that would make the Aloha State the country's most aggressive in pursuing renewable energy. By 2030, it plans to obtain 70 percent of its power from clean energy
The internet giant Google has teamed up with technology multinational General Electric to develop a "smart" electric power grid and promote clean energy.
The world doesn't need a major technology breakthrough to cost-effectively cut carbon emissions in half by midcentury.
Only one long sought for technology, a true clean energy dark horse or holy Grail, fits the bill: thermoelectric (TE) materials and devices, which directly convert temperature differences to electric voltage and vice versa.
Global investment in clean energy from April to June was less than the same period last year, and at $33 billion barely half the last quarter of 2007, initial NEF figures show.
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