Renewable Energy Solar Energy Wind Energy Geothermal Energy Bioenergy Hydropower
 

Moving Renewables Beyond Cap and Trade

By RenewableEnergyWorld.com Editors
November 11, 2010   |   4 Comments
As cap and trade falls into the political abyss, a new report from the Clean Energy Group calls on the government and industry to practice pragmatism.

Do you like this news?

Email   Bookmark Bookmark   Print   Feed   Share
 
4 Reader Comments
Comment
1 of 4
November 11, 2010
The Federal government already owns 60% of GM stock. Obama could simply declare that GM make all vehicles flex fuel.

I doubt that the executives of GM would want to put up too much fight against the a 60% shareholder.

When GM makes all of their vehicles flex fuel, I think you will see a distinct change in GM marketing policy concerning flex fuel vehicles. When that happens, I think you will see other manufacturers follow suit. No one will want to be left off the bandwagon. You might even see the Fiat Siena Tetrafuel technology introduced to the US by Chrysler dealers now that Fiat owns Chrysler.

With an ever growing market of consumers able to use ethanol and natural gas available----you will see a rapid increase in filling stations willing to increase sales possibilities.

No laws need to be passed. No one needs to be forced to use anything---consumers will simply fill up on the fuel of their choice. The cost is minimal. If consumers want to continue to use petroleum, fine, they can. If they want to use ethanol or natural gas instead, fine, they can----any time they choose.

Let consumers have a choice of what fuel to put in their vehicle and let consumers decide what fuels they want to use.
Comment
2 of 4
November 16, 2010
The current incentive program for government grant/loan guarantee reveiwers does not pormote innovation. The program managers get rewarded for successful projects. Proven technologies reduce the risk of project failure. In order to get money to innovative technology companies, the program manager incentives need to be modified to provide recognition and reward for supporting, promoting, and sucessfully bringing to market new technologies. As venture capitalist know, to promote innovative technologies you will have winners and losers. You are not promoting cutting edge tehnology without expecting both. If the Federal Governemnt is going to assist in developing new technologies, it will need to develop a culture more like venture capitalists. In order to support innovation, the government will have to be innovative.
Comment
3 of 4
November 16, 2010
The article contains some good ideas, but I am weary of government solving any problems - it rarely happens. I agree with DrPJ that we need to incentivize real market solutions, not just more research. I was in a deal once that had a significant amount of research being done at MIT, each 6 months they needed a "little more money" and it went on for nearly 3 years. During that time an entrepreneur beat us to the solution by trying possible solutions instead of "studying." It was a Thomas Edison approach. Too many universities are now in the "business" of research and they have NO incentive to commercialize any technology if they keep getting paid to "study."

Many countries (especially in the EU) are now offering prize money for RESULTS. We should explore doing the same. Solutions mostly come from tireless entrepreneurs that are seeking the reward of creating value. We could speed up that process with significant rewards. I'd start by offering $1 billion to anyone that can create clean affordable and dispatchable electricity - something in the $.07-$.10 per kWh range, so it could compete with coal. That's worth at least $1 billion. DOE recently provided more than $2 billion in "loan guarantees" (really Grant money) to wind and solar, but those facilities will never produce affordable electricity.

Cap and Trade is off the table. The only way to beat coal is with a clean, affordable solution. We will never "punish" our way to energy independence or clean air, but we may be able to reward our way there.

What do you think Dr. Chu? Prize money?
No image available
Comment
4 of 4
Anonymous
November 17, 2010
Corporate energy monopolies have distorted the way we compare energy sources. It is well established science that there is no such thing as clean coal or renewable ethanol. They are used to subsidize dead end industries and glean votes.

The statement that solar and wind will never be competitive without subsidies totally ignores our transportation fleet which uses oil. According to the late Milton Copulos, we are spending in $500 + billion a year to secure the world's imported oil supply. This is in addition to the $300 + billion a year we ship to our enemies to pay for the oil. If Iran goes nuclear with the profits from the high price of oil which exists because we have not given enough priority to replacing it, how much will that cost?

This month is the dawn of production electric cars. let's keep these real costs in mind when we evaluate their competitive position.
Add Your Comment

Registered users, please make sure to Sign-In. We and others want to know your ideas and opinions. If you are not yet Registered -- it's quick and easy. Just click below.
Thanks!

Register Now   Sign-In

REW.com Editors

View REW.com Editors's Profile
About: Renewable Energy World's network editors help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S. and the UK, th... more »

Advertise With Us

SMA America, LLC ESI Inc. of Tennessee Prudent Living, Inc. Stoel Rives LLP Renewable Energy World Africa Schletter Inc. Geothermal Resources Council
World's #1 Renewable Energy Network
PennWell
Renewable Energy World Magazine International Renewable Energy World Conference & Expo North America Renewable Energy World Conference & Expo Europe Renewable Energy World Conference & Expo Asia Renewable Energy World Conference & Expo India Renewable Energy World Conference & Expo Africa
RenewableEnergyWorld.com Solar Power Gen Conference & Expo Hydro Review Magazine Hydro Review World Magazine
HydroVision International HydroVision Brazil HydroVision India HydroVision Russia
Twitter Facebook Linked In RSS Feeds e-Newsletters