Beacon Power Goes Chapter 11 as Red Ink from Green Energy Keeps Flowing

News hit the trade press today that Beacon Power had become the second DOE loan guarantee company to file for Chapter 11 bankruptcy.  In August 2010 DOE provided a $43.5 million loan guarantee for this maker of flywheel technology to provide back-up power for grid stability.  Beacon used $39 million of that loan guarantee to Read more about Beacon Power Goes Chapter 11 as Red Ink from Green Energy Keeps Flowing[…]

The Good News and the Better News with the Power NY Act of 2011

Governor Andrew Cuomo signed The Power NY Act of 2011 (A. 8510/S. 5844) (PNY Act).  The bill was passed June 22, 2011.  On balance the law seeks to achieve three important public purposes: It revives expired Article X of the Public Service law which integrated and streamlined the permitting and siting process for power generation Read more about The Good News and the Better News with the Power NY Act of 2011[…]

How Disruptive Technology is turning Domestic Energy Production into America’s Growth Engine

As Congress and the President spar over the political advantage or blame from our current debt crisis, disruptive technology is revving America’s potential for domestic energy production and turning it into a “game changer” in our claw back to economic growth.  This transformation is not happening in Washington, DC, it is happening deep in the Read more about How Disruptive Technology is turning Domestic Energy Production into America’s Growth Engine[…]

Marcellus Shale Fracking Rulemaking Unlocks its Potential

SOURCE: Geology.com Conflicts over the environmental and public safety impacts from hydraulic fracturing and horizontal drilling in the Marcellus shale in New York and Pennsylvania have been growing. New York imposed a moratorium on all shale gas drilling to protect its watershed as did cities in Pennsylvania including Pittsburgh where the City council on November Read more about Marcellus Shale Fracking Rulemaking Unlocks its Potential[…]

High Cost of Doing Business also Kills Green Jobs

Did you read the op-ed by TJ Rogers in the WSJ today?  He describes the real choice we have here in California and elsewhere between growth and the environment.  It’s not a throw the baby out so we can keep the bath water lesson.  That is improving environmental quality does not have to destroy jobs.  Read more about High Cost of Doing Business also Kills Green Jobs[…]