Green Options

Climate Action Will Pay for Itself, and More.

The United Nations (UN) stated earlier this month that the cost of avoiding climate change was at least 1% of global GDP — $500-600 billion dollars. Despite this major cost, Tony Blair, former Prime Minister of the UK, and The Climate Group, presented a report to the UN yesterday saying that a strong climate deal will “boost growth in all major economies & create millions of new jobs.”

A new report released by the World Wildlife Fund (WWF) says that biotechnology is one possible solution to our climate change and our economic problems.

It could have a dramatic effect on CO2 emissions, and it could also be part of the new green economy. How much can it help? The report says it can reduce global emissions by as much as some leading countries emit in a year.

What is biotechnology? How can it cool our climate and give a boost to our economy? Is it an appropriate and safe solution to these problems?

We live in a “global” world now. Corporate globalization is prevalent nearly everywhere. Travel is more common than ever before. We get news in our homes about anyplace in the world seconds after it happens. The internet allows us to connect with people all over the world. It allows us to stay in touch with people as we move all over the world as well — (a friend of mine is in Antarctica and he keeps in touch with people through Facebook everyday). We even have an international language! English is spoken (by at least some portions of the population) nearly everywhere you go.

BUT, what does it mean to be a “global citizen”?

An Italian company has announced plans to install the world’s largest rooftop solar photovoltaic plant, with an energy capacity equivalent to the power needs of 5,000 households.

Solon SE will establish the facility at its Padua warehouse and truck-loading complex, generating an output of up to 15 megawatts when the sun is at its brightest.

The Reva Electric Car Company has announced plans to build the world’s largest factory for cheap all-electric cars, capable of a massive annual output of 30,000 units.

The Bangalore, India-based company hopes that after the Rs300m ($6.1m) facility begins production in the first quarter of next year, it will help to introduce green energy to the subcontinent’s rapidly growing automotive industry.

The Reva, a small hatchback powered by eight six-volt batteries, retails for a mega-competitive Rs350,000 in India and £7,500 ($12,200) in the UK, (where it is marketed under the G-Wiz brand), far less than most rival companies.

Speaking about the plan, Chetan Maini, Reva’s deputy chairman and chief technology officer said, “We are promoting a technology that holds the key to the global energy crisis.”

Earlier this week, the world’s first piloted aircraft powered solely by hydrogen fuel cells, took to the skies above Hamburg Airport, Germany, producing zero carbon dioxide emissions.

The Antares DLR-H2, jointly developed by the German aerospace centre DLR, Lange Aviation, BASF Fuel Cells and Denmark’s Serenergy, has a range of 750km (390nm) and can stay airborne for 5 hours at top flying speeds of about 90kt (170km/h).

According to DLR, a main hurdle was improving fuel cell performance capabilities and efficiency to such an extent that the motor glider could take off using fuel cell power alone. DLR’s Johann-Dietrich told reporters, “This enables us to demonstrate the true potential of this technology.” (see more pictures after the jump).

A new way to treat wood has trees back in the limelight: a hardwood’s reliability that even a rain forest mahogany tree can love.

Check out the world’s first heavy traffic road bridge made from Accoya® wood. The bridge, located in Sneek in the Netherlands, is “the first wooden bridge in the world that can support the heaviest load class of 60 tons”. At this week’s Wall Street Green Trading Summit, a panel on forestation introduced a new way of [...]

The longer I am here at the Wall Street Green Trading Summit, the less this feels like anything to do with environmentalism. At some point, when does off-setting stop being feasible, and when does carbon reduction become the name of the game?

The summit is over for today, but I wanted to throw some concluding thoughts out after an afternoon spent discussing good business models for producing alternative energy and for overhauling our current electrical grid.

Excuse Me, Waiter? What Year is this Carbon?

We’re coming at you live with special Red, Green, and Blue coverage from New York’s very own Wall Street Green Trading Summit.