Green Options

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.

Applied SunFab Solar Module Production Line

Well it certainly looks like the sun is paving the way for our new energy economy.

According to the Worldwatch institute, an environmental research organization based in Washington D.C., global solar photovoltaic (PV) power installations jumped from 9,000 megawatts in 2007 to nearly 15,000 MW in 2008, an increase of almost 66 percent. This is due primarily to government incentive programs in the world’s top PV markets, Spain and Germany.

Worldwatch provides a snapshot of solar power market trends globally:

• Global PV cell production nearly doubled in 2008, reaching 6,940 MW. The Chinese PV industry led silicon-based cell production, primarily to meet soaring demand in Spain and Germany.
• Europe remains the leading market for PVs, accounting for over 80 percent of world demand in 2008. Top markets Spain and Germany added 2,600 MW and 1,500 MW respectively. The United States came in a distant third, adding approximately 348 MW.
• Spain’s market growth increased a whopping 364 percent in 2008, causing it to overtake industry leader Germany as the number one solar PV market.

So what are Spain and Germany doing that the U.S. is not?

According to Dr. Charles Gay, the President of Applied Solar, a leading supplier of solar manufacturing equipment, Germany and Spain have set more immediate goals than the U.S. for increased use of renewable energy. They have also provided greater government investments to jump start the market.

Right now, there’s no wind in the Great Lakes, but lots of talk.

There’s a bit of money, too, totaling about $100,000 from the federal stimulus package, aka the American Recovery and Reinvestment Act of 2009.

The Great Lakes Commission has been granted $99,740 to develop a set of “Best Practices to Accelerate Wind Power in the Great Lakes and Beyond.”

The end result will be a guide to what works and what doesn’t when it comes to protecting the environment, being sensitive to community concerns and … building wind turbines in the water.

Geithner has produced a “cash for trash” scheme to buy “toxic” securities from mortgage bankers who are bulldozing foreclosures.

On Monday, President Barack Obama reiterated his administration’s focus on science by promising a new level of commitment—one with the same intensity and urgency as that which put Americans on the moon—and stressing that “the days of science taking a back seat to ideology are over.”

So, I attended the Green LA Coalition and Liberty Hill-sponsored event meant to let us all know how the billions headed for California will be spent. The verdict?

For small businesses, like mine, and nonprofits, it might be tough to get in on the action unless you’re prepared to work as a government contractor, which requires jumping through many hoops. But, if you are willing/able to do so, check out Grants.gov, a searchable listing of what’s available.

Lawmakers continue to raise a stink about the $1.7M earmark for hog odor research in Obama’s stimulus package, calling it “pork” in its finest form. Rural residents who live near hog farms, or worse, facilities where hogs are butchered, are calling it about time!

The Small Business Administration lacks green resources to turn green jobs into green businesses and green careers. Obama and Van Jones would be wise to insist on changing that.

The stimulus package changed some of the rules for tax credits for energy efficiency. Many of these changes should make energy efficiency expenditures a no-brainer for small businesses and homeowners.

You gotta spend money to save money. For energy efficiency upgrades, that saying couldn’t be more timely or accurate.

Energy efficiency programs and rebates are getting a real shot in the arm from, among other things, the stimulus package, plus many other federal, state, and local programs. As a result of the stimulus package, energy efficiency tax credits have been raised from 10% of cost to 30%. The maximum credit has been raised from $500 to $1500, and more expensive upgrades, such as solar panels, solar water heaters, and geothermal pumps are not limited to the $1,500 maximum. The $200 tax credit cap on efficient windows has been removed, however

Yesterday I posted here about plastic bag fees and bans being frozen in — or before reaching — legislatures. Supposedly that’s due to economics, though reality seems to be more connected to politics. That, coupled with a post here by Low Impact Living about the green benefits of the stimulus plan signed by President Obama recently, got me thinking about a potential solution to our financial woes.

Maybe we don’t need to argue along partisan lines about small versus big government, or about a trillion-dollar stimulus plan versus whatever it is the Republicans think President Obama should be doing. Maybe instead of tax credits and billionaire bailouts, we need to impose a fresh idea of corporate social responsbility: cost-of-living increases + merit salary increases.