The following was published on December 5, 2012. By Ron Mahabir
SINGAPORE SHOULD INVEST MORE HEAVILY IN CLEANTECH
AS WE speed dangerously along the highway of global economic growth, it has become awfully clear that we are headed for major accidents in food, water and other resource shortages, as well as increasing environmental disasters.
We just have had way too many red alerts in recent years including Fukushima, Gulf of Mexico, Katrina, floods and heat waves to not take these a great deal more seriously. It is probably more than coincidence that 2012 is on track to be the hottest year in the United States and Hurricane Sandy was the largest Atlantic hurricane on record. Continue reading
Posted in ADB, Biofuels, Biogas, Clean Energy, Cleantech venture capital, Climate Change, Green Building, Green chemicals, Hybrid, Hydro, India, Indonesia, Japan, Korea, Malaysia, Myanmar, Renewable Energy, Singapore, Small-hydro, Solar, Solar Thermal, Thin-film Solar, Wind
Water shortages caused by a drought has caused significant problems for generation of hydro power in Chile. This, along with natural gas shortages from Argentina are causing potential brownouts or power cuts. Similar to the recent situation in South Africa, Chile’s power problems are affecting commodity prices, primarily copper.
Read the article here on Bloomberg
Posted in Diesel, Gas, Hydro
Spring 2008 (YES! Magazine, Anna Fahey) – Last summer, Chinese President Hu Jintao toured the country in short sleeves to show that his countrymen could turn their air conditioners down. In China, conservation is “in.” Fashions do change.
Global warming denial is out of vogue. Unfortunately, though, the climate change do-nothing set is sporting a new line: “Why should we bother fighting climate change when China’s emissions are increasing?”
Posted in Air Pollution, Carbon Credits, China, Clean Energy, Cleantech venture capital, Climate Change, Conservation, Emissions Reduction, Energy Efficiency, Hydro, Legislation, Renewable Energy, Solar, Solar Thermal, U.S., Wind
February 4, 2008 (UPI) – The Tuyen Quang hydroelectric plant’s generator was connected to the national power grid in Vietnam, the Vietnam News Agency reported. The plant, which cost more than $438 million to build, will have three generators when finished with a total capacity of 342 megawatts. Continue reading
February 16, 2008 (Jakarta Post) – The idea of introducing nuclear power to Indonesia is nothing more than a vehicle for a few needy individuals to gain public attention. Any moderately educated engineer will agree that Indonesia’s need for electricity is widely decentralized so nuclear power or large coal power plants are the ideas of people lacking technical understanding.
It should be common knowledge that “the transmission of electricity over long distance comes with huge loss.” There are very few countries in the world with better chances than Indonesia to realize enormous decentralized energy generation at low cost or even free for the country.
Indonesia has a potential 27,000 MW of geothermal sources requiring low investment of which currently only 837 MW are in use. Why? Because Pertamina, PLN and the government have not, over the past 30 years, managed to give the many waiting investors investment security. Continue reading
Posted in Biomass, Carbon Credits, Clean Energy, Cleantech venture capital, Diesel, Geothermal, Hydro, Indonesia, Nuclear, Renewable Energy, Solar, Waste to Energy
February 15, 2008 (Financial Express) – India’s carbon market is growing faster than even information technology, bio technology and BPO sectors as 850 projects with an investment of a whopping Rs 65,000 crore are in pipeline. The revenue from 200 projects is estimated at $2 billion till 2012, according to Prodipto Ghosh, member of the Prime Minister’s Council on Climate Change. Ghosh was speaking at the ‘Carbon Credit Conference: The way beyond CDM’ here on Friday. Continue reading
February 15, 2008 (Asia Times) – The 2005-07 spike in petroleum prices topping out at US$100 a barrel has prodded economic planners across the globe to reconsider their energy options in an age of growing concern over global warming and carbon emissions. The Southeast Asian economies, beneficiaries of an oil and gas export bonanza through the 1970s-1990s, now find themselves in an energy crunch as once-ample reserves run down and the search is on for new and cleaner energy supplies. Notably, regional leaders at the 13th ASEAN Summit in Singapore in November 2007 issued a statement promoting civilian nuclear power, alongside renewable and alternative energy sources. Continue reading
Posted in ADB, Australia, China, Clean Energy, Hydro, India, Indonesia, Japan, Korea, Legislation, Malaysia, Myanmar, New Zealand, Nuclear, Philippines, Singapore, Solar, Thailand, Vietnam