Green Options

In a move that clearly signals Toyota’s future intentions, the auto manufacturer, acting through an intermediary, has secured a deal with Argentinian lithium mining company, Orocobre, to supply a large amount of the lithium required for advanced electric car and plug-in hybrid batteries. The deal was shuttled through one of Toyota’s sister companies and main suppliers, Toyota Tsusho Corp, which is 22% owned by Toyota.

4 million fewer vehicles. This is the first year there was such a large decline in automobile ownership since the US Department of Transportation (DOT) began modern recordkeeping in 1960.

How did this come about? What were the main causes?

The world’s fastest high-speed train, averaging 217 mph, was just launched in China. It blows away the competition, but may not be so special for long.

The train will cover a distance of 663 miles (1,068 km) from Wuhan (central China) to Guangzhou (in the south). It will reduce the travel time between these cities from over 6 hours to about 2 hours and 45 minutes.

This is just the beginning, though.

The World Wildlife Fund (WWF) just released a comprehensive global report, and the first country by country ranking, of clean energy technology sales.

The clean energy sector is on the verge of becoming the third largest sector in the world now. The report — Clean Economy, Living Planet - Building Strong Clean Energy Technology Industries — finds that Denmark is currently the leading country in clean energy sales (relative to GDP), Brazil is second and Germany is third (the top three in absolute terms are Germany, the US and Japan).

With the sector booming, there is much opportunity for growth in these countries and others now. The report delves into how the countries currently leading the world got to the top and makes a short list of best practices.

Clean energy technology sales were about $921 billion in 2007 (€630 billion), but are expected to become about $2339 billion per year (€1600 billion) in 2020. At that volume, the sector is expected to only be behind automobiles and electronics in global sales. This is even without a strong, binding deal in Copenhagen.

Kim Carstensen, leader of WWF’s global climate initiative, says: “This is the clean economy growth happening now with only a partial Kyoto protocol international framework supporting clean energy development, patchy national support for green energy and huge subsidies to fossil fuel use.”

I think the growth in the future is liable to skyrocket with more and more countries getting serious about stopping human-induced catastrophic climate change. Plus, clean energy is an economic benefit for countries as it creates more jobs for the countries’ citizens.

Donald Pols, Head of the Climate Programme at WWF-Netherlands, says: “Clearly, from a national perspective there is much to gain and nothing to lose from investing in clean energy.”

Where do the US and the UK fit into this matter? And what are their and other countries’ best chances for becoming industry leaders?

What a humiliating failure the President’s Asian trip was. Not only did the President make the humiliating faux pas of bowing deeply to one tiny Asian leader, but no sooner had he returned than two more made counter-offers of deep cuts in carbon emissions at Copenhagen. India offered reductions of 20% and China offered 40%.

Asia is investing hundreds of billions of dollars more than the US in clean technology, according to a new report by two research institutions. In the future, the US may be importing trillions of dollars of needed clean technology (and losing countless jobs to Asia) as a result.

In total, the report showed that China, Japan, and South Korea will invest about $509 billion in clean tech over the next 5 years, whereas the US (with our greenest President in decades, maybe ever) is only expected to invest $172 billion (about 3 times less) — this is assuming the climate and energy legislation in Congress passes.

If the US were to invest the same percentage of its Gross Domestic Product (GDP) as South Korea, it would invest almost $140 billion per year ($700 billion over this five year period)! Compared to China, the anticipated per-GDP investment ratio is 1:4 (US to China).

In 2008, Japan almost matched US R&D spending on energy and achieved almost the same number of international clean energy patents despite having dramatically lower GDP.

The financial investment is not the only thing giving these countries a major advantage in this field, though.

In Los Angeles this morning, at the United States unveiling of the Nissan LEAF electric car—set to hit showrooms in late 2010—Nissan CEO Carlos Ghosn was enthusiastic and clearly proud of the position the Nissan-Renault Alliance has taken as a leader in the development of electric cars and charging infrastructure.

“The LEAF is a new paradigm of the car,” said Ghosn. “LEAF represents a totally new transformational technology that will change the way people drive, use, and power their vehicles. And the time is right for this breakthrough.”

A new report by iSuppli Corp. predicts that by 2013, 31% of the solar panel market will be accounted for by thin-film solar panels. These thin-film panels are rapidly replacing traditional crystalline photovoltaic panels.

Thin-film solar is being used in a variety of new applications, from solar roof shingles to solar tiles (like clay tiles) to solar panels glued right onto the roof. Its flexibility in use is one major benefit of this technology.

Lower cost is the number one factor responsible for its anticipated growth, but there are trade-offs as well.

In an effort to help a major developing country (the 4th largest country in the world) deal with climate change appropriately, the new Prime Minister of Japan reportedly agreed to give Indonesia a $400 million loan for this last weekend.

According to CEO Carlos Ghosn, unlike its other Japanese rivals, Nissan has made a strategic decision to cede the standalone hybrid wars to them and will not make hybrid-only models such as Toyota’s Prius or Honda’s Insight.

Japan’s annual whaling expedition off the port city of Kushiro has resulted in the killing of 59 minke whales - just one whale short of the 60 allowed by international guidelines.

Under the cover of its so-called research program, Japan has slaughtered 59 minke whales - almost the maximum of 60 authorized by the International Whaling Commission (IWC).