France’s planned energy law will mobilize about €10 billion (US $13.4 billion) in investment through tax credits and low-interest loans to spur efficiency and renewable power, Environment Minister Segolene Royal said.
If all energy production channels were employed, the United States has sufficient resources to eliminate all coal, gasoline and diesel combustion in all demand sectors and replace them with natural gas, wind and solar electricity firmed and shaped with both grid-scale and distributed energy storage. I believe that we can reach a zero-air-pollution, coal-free, crude-import free, all-electric low-cost energy future. We have energy rhetoric and technology to get there; do we have leadership and will?
Keep the applause down! Contain your enthusiasm for yet another biomass- or gas-to-liquids company. Over the past several weeks I have written about a number of privately-held developers of one technology or another intended to produce a drop-in renewable fuel from biomass or natural gas. There are more, In this post we check in on Velocys (VCL: London), which stands out from the rest as a public company. No matter that it's technology looks like that of the very next renewable fuel company, it is accessible to minority investors. [Read more...]