Fewer solar panels will be installed this year v. last. 1st drop in decade. 24.8GW forecast for world. 27.7GW added in '11. Factory capacity may top 38GW this year. China may double their installs to 4.5GW this year.
Molycorp buying Toronto rare earths processor with factories in China, Thailand. $1.3B.
$24M project in Prudhoe Bay focusing on methane hydrates (ice-bound NG).
China joined India in asking industrial nations to cut emissions first. Really.
Ohio officials concluded fracking caused Youngstown earthquakes.
New light bulb, e-saving appliance regs have reduced US energy use 3.5% already. Will save us $1T through '35 (and 2 years' present energy use). And, O yea "we don't want the govt telling us what light bulbs we can buy" Neanderthals, US appliance standards go back to '74 and then-Republican gov Reagan. Feds got on board in '87 (with then-President Reagan).
Renewable energy PTC and 1603 extensions tacked onto Senate bill including Keystone pipe.
China has 1,275TCF of shale NG reserves that Exxon just told them present fracking tech won't work to get it out of the ground. China NG imports 66% higher than year ago.
Obama proposed $1B to help 10-15 cities develop infrastructure to support alt fuel vehicles. And proposed increased tax cred for AFV's from $7,500 to $10K and expanding eligible types of tech.
DeWind 20MW wind farm in N. TX now online.
Monday, March 12, 2012
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