Tag Archives: Jeff Immelt

The Alternative Agenda: State Of The Union; EPA Greenlights Higher Ethanol Blending Requirement; Jeff Immelt Gets The Presidents Ear

Keep Pushing For Energy Reform, Greens Urge President Ahead of? State Of The Union

Given last November’s conservative tilt, there’s no chance for comprehensive energy reform legislation will land onthe President’s desk in the next two years. But that new reality shouldn’t intimidate President Obama from protecting the EPA?s stated goal to regulate Co2?and green house gases in tomorrow’s State of the Union, say environmentalists. Quoting an unnamed environmentalist, The Hill’s E2 Wire writes that Obama should use tomorrow?s speech ?to send a powerful signal that even must-pass bills can?t be used to block EPA.”

Continue reading The Alternative Agenda: State Of The Union; EPA Greenlights Higher Ethanol Blending Requirement; Jeff Immelt Gets The Presidents Ear

REFF: A Conversation With Mindy Lubber of Ceres

Lubber: Not optimistic about climate legislation

Mindy Lubber is the President of Ceres, a coalition of investors and environmental organizations that work to build sustainability into the capital markets and address climate change. Lubber, a former regional administrator of U.S. Environmental Protection Agency, also directs the Investor Network on Climate Risk, whose members represent $10 trillion in assets, that coordinates investor response to risks and opportunities of climate change. G.E.R. caught up with her in New York on Tuesday at the Renewable Energy Finance Forum, where she spoke on a panel about factors that are affecting renewable energy.

Green Energy Reporter: Why are you here today instead of in Washington lobbying for the climate bill?

Mindy Lubber: Policy makers don’t want to hear from another environmentalist, they want to hear from the business community. Those are the people who are moving the debate. Any reservation on passing climate legislation is because people are afraid it’s bad for the economy.

G.E.R.: Why is the debate about climate change and the need for legislative action settled in Europe and not here? Continue reading REFF: A Conversation With Mindy Lubber of Ceres

The Alternative Agenda: What to Look For This Week in Green Energy [UPDATE]

President Obama tries to take charge of the BP spill

This Week in the BP Spill

President Obama will be angry and outraged on Tuesday night when he gives an Oval Office speech to the nation about the Gulf oil spill.

Another thing BP is leaking: cash. A group of Democratic senators wants BP to establish a $20 billion escrow fund to pay for the spill cleanup and to compensate victimes. They want an answer by Friday.

Finally, BP Chief Executive Tony Hayward will testify about the Deepwater Horizon drilling rig explosion and the Gulf oil leak before an Energy and Commerce subcommittee on Thursday.

Business Leaders Push Obama for More Energy Spending

Something in Washington that isn’t BP related: Bill Gates, GE’s Jeff Immelt, Kleiner Perkins Caufied & Byers’ John Doerr and other members of the American Energy Innovation Council will meet President Obama on Thursday to push for a tripling of energy research spending.

Actually, the BP spill will probably come up.

Goldwind IPO Shelved

China’s Xinjiang Goldwind Science & Technology Co. won’t be pursuing a $1.2 billion IPO after all. This is the fifth IPO that has been pulled from the Hong Kong Stock Exchange in recent weeks, apparently over a drop in China’s markets and the Euro zone debt crisis.

Solar Subsidies

Tomorrow the Senate Subcommittee on Energy will consider six bills including S. 3460, which will require the Department of Energy to provide rebates, loans and other incentives to eligible individuals and companies buying and installing solar energy systems. This could be a first step towards the establishment of a federal renewable standard.

White House photo: Pete Souza

The Big Chinese Stand

Here in Austin, the mood amongst delegates attending Renewable Energy World Conference, North America is upbeat. The financial crisis is now mostly in the rear-view mirror of developers, who have been enjoying the Obama administration’s stimulus funding.

There are still some important issues hampering the industry, including access to cheap, long-term capital. Bankers are lending but they are a lot more selective compared to say, 2007 or 2008.

Besides funding issues, what’s also been on a lot of delegates mind is China and the very visible push this year by Chinese renewable energy companies to enter the North American renewable energy market.

And that’s what brings us to the “Chinese stand.” Continue reading The Big Chinese Stand