Green Options

Attendees at a recent alternative fuels gathering in Washington are reporting that US Secretary of Energy Steven Chu remarked, “If it were up to me, I would put every cent into electric cars,” when referring to the way stimulus dollars should be distributed. With a focus on alternative and renewable fuels, the group was obviously shocked at the concept.

If this statement is being represented accurately, it would not only put Chu directly at odds with Obama administration policy, it would mean that he doesn’t really believe in how his department is distributing their $36.7 billion dollar slice of stimulus funds. The statement would also contradict Chu’s previous stances on biofuels development. Comment from DOE was not immediately available, but I’ve got a request in to confirm or deny the statement as accurate. I’ll update as soon as I hear word.

Update 8:00 PM Pacific Time 10/13/2009: DOE’s Director of Public Affairs, Dan Leistikow, responded to my request from earlier today in an email, saying “I can’t verify the quote the blogger is using from an undisclosed source at an undisclosed meeting, which is at best wildly out of context.” He also added, “Anyone who has spent five minutes listening to Secretary Chu also knows he is one of the country’s staunchest advocates for pursuing a broad portfolio of clean energy research, and has warned against investing all our resources in a single technology to the exclusion of all others.”

A visionary, inspiring image:  “Know Your Farmer, Know Your Food.”

No, this isn’t some crunchy, organic non-profit’s local food campaign or a new Slow Food slogan.  This message comes to us fresh from our United States Department of Agriculture.  “Know Your Farmer, Know Your Food” is a national effort collectively launching this week, designed to build vibrant local and regional food systems that provide healthful food and build the economic base of rural communities.  It showcases the importance of the connection between us and our food sources and includes $65 million in new funding initiatives.

The fact that this message comes from the USDA represents the fresh crop of vision under the Obama Administration.  Thanks to the efforts of USDA Secretary Tom Vilsack and Deputy Secretary Kathleen Merrigan, there’s a new ingredient at the USDA that has the potential to cook up something big:  leadership.  Harvesting inspiration from back in 1862 when Abraham Lincoln established the USDA as the “People’s Department,” this week’s collective efforts takes a transforming perspective on the relationship between our food and us:  personal responsibility.

Arizona Public Service, the state’s largest electricity provider, has secured $70.5 million in stimulus funds to expand an innovative project that turns carbon dioxide emissions from a coal power plant into biofuel using algae. While part of the funds will be used to scale up the algae processing portion, some of the funds will also be used to investigate the potential benefits of turning the coal into a gas prior to burning it for power.

The concept of creating two products — electricity and fuel — from the same process is known as cogeneration. In this case, the cogeneration also helps to reduce environmental pollution. It’s an idea that has been gathering support as a way to make coal less polluting while finding an additional revenue source to pay for the pollution control itself. In fact, a while back I reported on a similar pilot project in Oregon.

Beginning in the fall, consumers will have access - through existing state-level energy efficiency incentive programs - $300 million in stimulus funds made available as rebates for energy efficient appliances.

Senator Sherrod Brown (D-OH) is proposing a bill that would lend $30 billion dollars to American small and medium sized manufacturing companies who specialize in clean technology.  The bill would make American manufacturers a player in the clean technology market which faces stiff overseas competition.  It is estimated that 70% of the components for clean technology (much of which was invented in America) are made abroad.  So far, 150 businesses have come out and endorsed the Senator’s legislation.

This week, I’m headed to Red Rocks in Colorado, for four nights of music from Phish, at what is arguably one of the greatest outdoor music venues in the United States. And I will, at some point or another, be thinking about the New Deal.

As stimulus funding leads some industry insiders to think of Washington as “the new Wall Street” for green energy, some investment experts say they’re concerned about the government’s new role. “I worry about the government as a dealmaker in this space,” said Tom Bratkovitch, director of LP Capital Advisors, a consulting firm for private-equity investors, at a Thomson Reuters conference in Palo Alto, Calif., this week. “I just don’t know if the government is the best one to make decisions in this space.”

After all, the federal government has supported some technologies that have not panned out, while missing some that have ultimately been successful. The government also has a reputation for moving slowly – though the Department of Energy certainly is trying hard to get stimulus money out as quickly as possible – and the applications for the grants and loan guarantees can be extremely time-consuming.

Editor’s Note: The is a guest contribution by Ian Rogoff, Chairman of the Nevada Institute for Renewable Energy Commercialization, and Chairman and CEO of The Helio Group (parent company to HelioPower). This is the sixth post in a series from the CEO’s of major solar companies. You can follow the complete series here.

There is a long overdue debate underway in industry and political circles regarding the merits [...]

Having spent considerable time discussing how ecopreneurs can get a piece of the stimulus money, I was eager to read the new Green Stimulus Guide published by The Green Research Council.  A 83-page document, it summarizes all the various opportunities presented by the stimulus package.

The Guide is filled with lots of information and hundreds of links to sites where more info and funding applications can be found.

The Guide starts by explaining the American Recovery and Reinvestment Act of 2009 (ARRA) and how it breaks down. Contained within the Guide is info about Green Energy Initiatives (DOE), Tax Credits, Green Environmental Projects (EPA)  Green Transportation Initiatives (DOT), Green Building Initiatives and Green Jobs/Job Training. It provides a modest number of “tips” and information as to how to actually land stimulus money which will be helpful to many people outside the Beltway. One that stuck out to me was contained within the “How To Apply” section:

Compared to most other industrialized countries, the rail infrastructure system in the United States is only in its most stunted infancy. President Obama’s stimulus package, however, is now going to help bring our nation’s transit system into the 21st century. Nine billion dollars has been allocated over the next five years to begin building a faster and cleaner high speed rail network that will not only provide many needed jobs, but will also give us more sustainable transit options and [...]

Regional officials are talking about using $25 million in bailout money to help MARTA cover its operating costs.

The Atlanta Regional Commission (ARC) recommended last week that funds earmarked for transit improvements go towards keeping MARTA afloat. The transit system is unable to cover its budget shortfall and operating costs, due to strict regulations on how it spends its revenue. MARTA gets the bulk of its funding from sales tax revenue, and it’s required to spend 50% on operating costs and 50% on capital expenses. This $25 million dollars would be a band aid fix, but it certainly beats cutting a day of service, like the MARTA board was proposing.

Not everyone is thrilled about this idea.