Wednesday, June 20, 2012

STUFF

"The private sector's doing fine." I think I know what he was thinking. His private sector buddies are doing fine making tens of millions per year while he's making what, $400K? And his job is ten times tougher. And the private sector financial institutions that brought on the crisis of '08 were bailed out by the public sector. So, yeah, they're doing just fine. Not even any charges brought.

World Bank says Nepal's swift streams could supply 83GW! of hydropower with cheap, enviro-friendly "run of river" microhydro. 1 built in '01 cost $29K, gens 26KW, serves >1K folks. Nepal's Investment Board hoping recent hydro dev plan will attract up to $6B investment.

White House threatening veto of GOP's "Domestic Energy and Jobs Act" on House floor today. Senate rejected bid to kill EPA mercury rule for power plants.

US Mayors group pledging big GHG redux effort.

Appeals court OK's Calif's cap and trade program.

A key House Repub expressed support for extending wind tax credit.

Honda planning to recycle rare earths in auto batts.

GEVO signed agreement for cellulosic biomass dev in Malaysia - intent to site isobutanol plant projected online early '16.

Malay also planning biodiesel plant that will use used cooking oil feedstock.

5 of 6 MN ethanol plants ran in red last Q from fuel demand drop and expiration of VEETC tax credit.

Edeniq got $3.9M grant from Cal E Commiss to help dev their corn-based cellulosic ethanol tech.

RAND says US military can't reduce biofuels price, should exit dev.

Incbio (Portugal) got contract for biodiesel unit for Norways' N3Pharma that will use fish oil feedstock.

NRC: fracking causes fewer earthquakes than conventional extraction.

Solar inverter comps undergoing shakeout. PWER, SATC, AEIS, ENPH and others, including Siemens and Schneider. PWER, AEIS should survive. SATC looks on the way to bankruptcy. ENPH not looking well financially, but growing. Has "emerging tech". Will probably have to raise more money or be bought.

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