L.E.D.’s Time Has Come: The switch to super efficient, long-lasting L.E.D. lights is already happening and the big three light makers – GE, Philips and Sylvania – are racing to get a lead – NYTimes.
South Korea To Invest $193M in Renewable Energy: South Korea plans to invest 60 percent more in alternative energy this year than last, spending $193 million on solar, wind and biofuel projects – Reuters.
ITC and PTC Renewal Return to Senate Floor: Another bill has been proposed to renew the alternative energy tax credits. This bill would extend the PTC for wind by one year (a pittance) and extend the ITC for solar for eight years. The bill is estimated to cost $10.3 billion over ten years but could fail if Senators can’t agree where that money should come from – Clean Edge.
Beijing Introducing New Anti-Smog Tactics: The Chinese government took one million cars off the road last week but air quality has still been below standards and the government is now looking to shut down all construction and factories around the city in preparation for the Olympic games – Guardian.
Army Working to Cut Carbon “Bootprint”: The Army has set a goal of reducing its carbon dioxide emissions by 30 percent by 2015. Get ready for a leaner, green machine – WSJ’s Environmental Capital.
