The Green Economy – This site thinks it is only a matter of time

This real cool site believes that because energy prices now must be factored into every business, the green economy is only a matter of time. I hope so.

http://www.thegreeneconomy.com/corporate-investing-in-a-time-of-record-cash/

Corporate Investing in a Time of Record Cash

How to invest in an evolving economy?

As businesses — many of whom have record levels of cash on hand —  look for new opportunities, readers and experts chime in on where to put corporate investments.

In a recession, business hold fast, reducing costs and overhead while waiting out the slow economy. The return of the economy heralds a return — often very much like to the one that existed before the recession — except with some new efficiencies.

The Great Recession is different.

By the start of this year, we saw businesses reaching the conclusion that business-as-usual was not going to happen. There is a realization that oil and energy prices are now fundamental to decision making at all levels. (One example is the auto industry, which fought fuel efficiencies for years. Now they are entering new markets with innovative cars, and bringing back buyers who have bought foreign for years.) Limitations in global outsourcing — including customer dissatisfaction and the costs of doing business abroad — are making board rooms re-examine policies once held as best practices. There is talk about supply-chain efficiencies that are broader and more complex than ever before. Companies with the technologies and skills to manage that process are becoming the new Google and the new Microsoft.

Amidst the on-going malaise at the federal level, states and local communities are moving ahead with water and air quality policies. Innovative leaders are leaping ahead of those regulations, developing new products that manage resources better, either in the manufacturing process or as used by consumers.

Yet, with all this opportunity, at the beginning of January, Reuters reported that Apple Computer (APPL) had $93 Billion in cash, as well as long and short term investments. In September of 2011, the Wall Street Journal reported that corporations had a higher share of cash on their balance sheets than at any time in nearly half a century, with the Federal Reserve reporting that non-financial companies had more than $2 trillion in cash and other liquid assets, up more than $88 billion from the end of March of last year.

 

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Go there and read. More tomorrow.

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The Green Economy – Why the world passes the United States by

I find this article to be both uplifting and sad. Uplifting for them and sad for us.

http://www.unep.org/greeneconomy/AdvisoryServices/SouthAfrica/tabid/79056/Default.aspx

South Africa’s Pathway to a Green Economy

National Green Economy Initiatives

South Africa’s New Growth Path announced in 2010 sets out critical markets for employment creation and growth, implying fundamental changes in structure of production to generate a more inclusive and greener economy over the medium to long run through macroeconomic and microeconomic interventions.

South Africa launched a US$ 7.5 billion fiscal stimulus package in February 2008 covering the period covering the period 2009-2011.  Around 11% of this stimulus package, representing US$ 0.8 billion was allocated to environmental-related themes.

The South African Government hosted a Green Economy Summit in May 2010, to set the stage for formulating a Green Economy Plan.

In November 2011, South Africa unveilled a Green Economy Accord to launch a partnership between the government, business community, trade unions and civil society.

The Green Accord is one in a series agreed under South Africa’s New Growth Path. It sets goals to create 300,000 new jobs in contribution to the New Growth Path’s objective of creating five million new jobs by 2020, and to double the country’s clean energy generation.

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Go there and read tons. It is a UN site after all. More tomorrow

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What If We All Had The Energy Storage And The Efficiency Of The Astronaut’s Devices

While this post is all about cars and utility storage systems, the title for this blog is a lift from a question the author asks halfway through the article.

http://www.intelligentutility.com/article/11/06/power-storage-advances-unexpected-sources-renewable-energy-storage-kicked-high-gear

Power Storage Advances from Unexpected Sources: Renewable Energy Storage Kicked Into High Gear

James Cahalin | Jun 02, 2011

What do you think has a greater impact on society, a Bugatti Veyron Super Sport or a Tesla Roadster? Both have spectacular performance reviews, with the Super Sport setting top speed records. Both will turn heads driving down any road or even through any parking lot in the world. Both are truly engineering marvels.

However, the engineering accomplishments behind both vehicles will be dwarfed by the advances Tesla has made with its power storage devices. Let’s take a look at a few numbers for both vehicles (see table).

These numbers are astonishing. As a “car guy,” the opportunity to drive either of these vehicles would be amazing. However, as an energy professional, these numbers are even more astonishing.

Amazing Head Output

The Bugatti Veyron Super Sport was designed and built for one purpose — to set a new speed record. It is also what I like to refer to as a “straight-line car.” What I mean by that is simple: Even with that much horsepower and amazing technological advances, there are cars (and some cost under $100,000) that can beat the Super Sport around a race track.

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Go there and read. More tomorrow.

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Wind And Solar Cheaper Than Coal – Or so says Michigan

Since we are in a Utility state of mind this week, the PSC of Michigan just released this report according to the folks at AWEA.

http://www.awea.org/blog/index.cfm?customel_dataPageID_1699=14546

Mich. Public Service Commission: Renewable energy cheaper than coal

Posted: 2012-03-02 Tom Gray

We often run “Fact check” articles on this blog when fossil-fuel-funded “experts” exaggerate the cost of electricity generated with wind power (for a particularly bald-faced recent example, see Fact check: American Enterprise Institute epic FAIL on study of wind costs, Feb. 29), but perhaps this one should be titled “Reality check.”

Reality: the Michigan Public Service Commission (PSC) recently issued a report that finds that electricity generated from renewable energy sources, at an average cost of $91 per megawatt-hour (9.1 cents/kilowatt-hour), is almost one-third cheaper than the cost of electricity from a new coal-fired power plant ($133 per MWh, or 13.3 cents/kWh).

Further, the report notes, “The actual cost of renewable energy contracts submitted to the Commission to date shows a downward pricing trend.  This was the case as of the filing of this report in February of 2011 and continues to be the case, as the two most recent contracts approved by the Commission for new wind capacity have levelized costs of $61-$64 per MWh.  This is significantly lower than the levelized costs of the first wind contracts submitted in 2009.” (emphasis added)

The report is one in a series required annually from the Commission to the state legislature, reporting on the impact of the state’s Renewable Energy Standard (RES), which requires utilities to obtain 10 percent of the electricity they provide from renewable energy sources by 2015.

Other highlights from the report:

– While utilities are allowed to charge customers extra for renewable energy, customers are also seeing savings due to wind.  Said the Commission, “While … surcharges have an impact on electric rates, there are also economic benefits attributable to an increase in renewable energy generation sources and improved energy efficiency. As noted in previous sections, the cost of energy generated by renewable sources continues to decline and is cheaper than new coal-fired generation.

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Go there and read. More tomorrow.

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Utility Sized Storage For Electricity Has Never Been A Problem

The alledged lack of utility size storage has always been the coal and gas minions excuse to the public for distrusting alternative forms of energy. It also has never been true. One of the easiest storage system was proposed in the 50s. That would be pumping water up hill to a reserve and then at night letting it run down hill through a turbine. This creates a complete energy loop that could in theory last forever. Another proposed in the 70s was to heat molten salts and then extract the heat later. The one that always excited me the most was actually proposed in several different places and times; and was actually proposed to capture lightening. All it is is a giant battery in the ground which uses the earth as an insulator. But now that the tech guys are getting into the act, I am sure the utility companies will just throw up their hands and toss in the towel.

http://cleantechnica.com/2012/02/18/new-flow-battery-does-that-cheap-energy-storage-thing/

 

New “Flow” Battery Does that Cheap Energy Storage Thing

February 18, 2012 By

Scientists on the lookout for utility-scale, high efficiency batteries are developing new “flow”systems that that store energy more effectively than lead-acid or lithium-ion batteries, but there’s a catch. The flow batteries in operation now are about the size of a house and they cost more than the equivalent in lithium-ion batteries. The race is on to find smaller, cheaper alternatives and researchers at Sandia National Laboratories believe that they are on to the solution, which is, in fact, a solution of liquid salts called MetILs.

The limits of lithium-ion for wind and solar

Lithium-ion batteries have been the gold standard of energy storage solutions for a long time, but they fall short when it comes to the utility-scale systems needed to keep up with new high efficiency wind turbines and advanced solar technology. The cost of lithium-ion batteries is one factor. Another is their relatively short lifespan, compared to flow batteries. According to Sandia chemist Travis Anderson, a flow battery can withstand about 14,000 cycles, which adds up to about 20 years of energy storage.

Flow battery basics

Flow batteries work by converting chemical energy into electricity. Stephanie Hobby of Sandia explains it thusly:

“A flow battery pumps a solution of free-floating charged metal ions, dissolved in an electrolyte — substance with free-floating ions that conducts electricity — from an external tank through an electrochemical cell to convert chemical energy into electricity.”

Flow batteries charge and discharge rapidly, and they have a long lifespan, but all is not perfect in flow battery land. The most promising systems so far use zinc bromine and vanadium, both of which are “moderately toxic” according to Hobby. In addition, the price of vanadium can spike wildly on the open market.

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Go there and read. More tomorrow.

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Being Frugal Can Be Funny – Or so it seems from this blog

This Blog on frugality is pretty funny and maybe not for the Joe Sixpack crowd. Things like Retiring In Panama may miss them. But the post about living on food stamps was pretty informative and funny.

http://www.debtfreebythirty.net/2012/02/festival-of-frugality-superheroes-are.html

Festival of Frugality: Superheroes Are Frugal Too Edition

Hello and welcome to the 325th edition of the Festival of Frugality. The Festival of Frugality highlights personal finance posts that deal with how to pinch those pennies or save that dollar.

I am a sucker for a theme for my festivals or carnivals and while I was tempted to do a leap year facts edition it just wasn’t exciting enough for my blood. So superheroes it is. Because what’s more exciting than superheroes? It also occurred to me that superheroes are quite frugal and who hasn’t sometimes thought that superpowers are needed to stay on the path of frugality.

Editor’s Super Picks

Smart Family Finance has pretty convincing financial reasons to get rid of your junk. There are so may reasons to get rid of your “junk”. It’s nice to have one that will put cash in your wallet too.

Annabelle from Shopping Detox gives her city a frugal audit. This really has me thinking about my own town.

A. Blinkin from Funancials entertains us as usual with how do you judge value?

 

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Go there and read about Wolverine and Batman at least. More next week.

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The Frugality of Tin Foil – And so much more

To create tin foil takes tons of energy, so reusing it as many times as you can is the only thing that makes sense.

http://www.frugalvillage.com/2011/07/23/reuse-aluminum-foil/

Reuse aluminum foil

Frugal people sometimes get teased for reusing items. For example, you might save aluminum foil to reuse later. While some may find that idea silly, frugal people know there are plenty of ways to put foil to good use.
How have you reused aluminum foil? Here are a few suggestions.

DRYER BALLS:

Wad foil into balls that are approximately 3 inches in diameter and use them to reduce static in your dryer. You can wrap a tennis ball in foil, too.

POT SCRUBBER:

If you don’t like the dryer ball idea, you can wad the foil into a ball and use it to scrub pots and pans instead. One reader, Roxanne from West Virginia, shares: “That wadded-up foil will clean the barbecue grill, or at least take the bigger stuff off so you can clean the rack easier.” You can use the foil balls for cat toys or to scrub rust from chrome, too.

REMOVE WRINKLES:

A flat piece can be used on your ironing board under the fabric cover to reflect heat. This will make your ironing faster because both sides of your fabric will benefit from the heat.

PREVENT RUST ON STEEL WOOL PADS:

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Go there and read. More tomorrow.

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Sustainablity Has To Start Somewhere – Why not with your hair

That is right. I know this is an energy conservation blog. It is an environmental blog and an energy industry blog as well. But for awhile this is going to be a frugality blog. Think about it. At one level frugality and sustainable living start by “doing for yourself”. What is more easier and immediate than cutting your own hair. This site is much more than that but it is the first article.

http://www.getrichslowly.org/blog/2012/02/26/reader-story-home-haircuts/

Reader Story: Home Haircuts Can Save Time and Money

Sunday, 26th February 2012 (by J.D. Roth)

This guest post from Shannon D is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes.

My wonderful husband likes to keep his hair short and precise. He works outdoors but dislikes hats, so keeping his hair looking proper is important to him. We live in a rural area without a major chain hair cut shop. While we do have a small barber shop, their hours are very limited. This usually meant that for a monthly haircut we would drive 25 miles to the nearest mall to get his hair cut in the evenings or on weekends at a chain store.

While we usually tried to combine his trip for a haircut with other errands in town, we typically just made it into a dinner evening. So on top of the other costs, we often had an extra dinner out that we not have otherwise enjoyed.

We estimate our costs to have been the following:

  • $25 per trip in mileage
  • $18 haircut – including the tip
  • A solid two hours spent getting a haircut

With this happening once monthly, we were spending $516 per year — not including dinners — and 24 hours of time getting his hair cut.

Note: My own hair expenses are not cheap — not factoring in fuel since I get my hair cut while in town for work — and cost us about $300 per year.

We decided to try something different, not because of the money so much as the time and convenience lost making the commute just for a haircut. After my husband asking me several times, I finally got the confidence to try cutting his hair. I am no cosmetologist. My haircutting experience includes buzzing my brother’s hair — at his request — in high school and shaving my long-haired dog during the summer. And I should mention that my husband’s haircut is not a simple buzz. It made me nervous.

 

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Go there and read as much as you can take. More tomorrow.

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Off Grid Living – Site may be inactive but it has good content

Sometimes I find sites that appear inactive but I post them anyway because, like yesterday, they have something of interest. This is another one of those.

http://lifeoffthegrid.info/?p=57

Off Grid Living-You Can Do It Too

January 21, 2009

More and more people are realizing that you can still enjoy modern amenities while enjoying the independence of off grid living.  Being off the grid means being exactly that, off the grid.  No power lines, no electric bills, and being free of utility grid demands, not to mention their ever-rising rates.  Off grid living is environmentally friendly and cost effective and it is an option available to almost any one owning a home.

The principles of off grid living may be applied to any home in the world, even those currently tied to the grid.  From solar panels, hydro power and windmills, there is growing curiosity in off grid living and breaking free from fossil fuel burning power plants.  The technologies have advanced and the costs have dropped greatly.
Even do-it-yourselfers can take leaps into off grid living with many kits, resources and manuals available for instruction.  As energy demands increase globally, those living off grid can rest easy knowing their own energy costs are diminishing.

The idea of off grid living can be scary to some who believe they will have to give up some of their most prized possessions and electronic gadgets to achieve such freedom.  This is very far from the truth.  Off grid living is simply about learning to moderate your use of electricity.  It can be as simple as turning off lights that are not really in use.  Purchasing appliances that don’t use energy when not in use (like clocks on microwaves and stoves).  Learning to unplug, not just turn off.  Things like computers and printers, well anything with the little green light that is always on, these items are stealing precious energy and adding to your bill.  Wanting to become part of the off grid living adventure, doesn’t always mean giving up everything, sometimes it just means getting smarter about the things you have.

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Go there and read. More next week.

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Living Off The Grid – Maybe the last post on the subject

Why is this my last post. Because I am running out of sources that’s why. At least Google is running out of sources. We shall see. I think this blog is inactive now, but I thought the video was kinda cool.

http://off-grid-living.com/living-off-the-grid-welcome-video-2/#more-685

 

Living Off The Grid – Welcome Video 2

One of the most important aspects of living off the grid is our large garden.
Watch the following video about the fall garden and learn to live off the grid.

This past fall season has been a wonderful time for our family with the seeming extension of the growing season. One of our great challenges with being off the grid is growing food for the entire year.

This year the season has grown much longer than normal, as you probably saw in the previous video. Our garden truly is a focal point of our life, and for good reason.
With just a simple amount of foresight you too can extend your season.
Watch the video first and you will see what we mean. Why not try a bit of garlic in your own garden, or overwintered onions if you live in a warm enough climate. Garlic is one of those vegetables that anyone, regardless of skill can grow.
You will notice also, that I use the word lazy, for lack of a better reference to describe our gardening approach. Some people work like mad to get all of the weeds out, but you will notice we leave as much as possible, clearing only enough space to do away with close competition weeds.
Living off the grid can be a lot of fun, or it can be a lot of work if you let those small chores get out of hand. We prefer to leave the work to natural processes, which do the job much better, although perhaps a little slower. It seems to work very well for us here. The extra composting material may seem unsightly to some, but it’s just another excuse to have everything clean as a kitchen floor?
We prefer to work with the natural cycles of the seasons, let the compost worms do their job and leave the rest to winter to accomplish.
If you take the time to clear everything with a rototiller it does seem to overwork the soil as well.
Take a few minutes off and just let it go, you do have better things to do than to presume to do the job of nature.
Thus comes the description of lazy as described in the video, some think that is the case, I prefer to let those soil critters do their job, while I watch.
Part of the fun of living off the grid we think.

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More tomorrow.

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