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Posts Tagged ‘clean energy’

GERMANY SHINES BRIGHT ON ITS OWN (CLEAN) ENERGY: WHY NOT NEW YORK?

Saturday, November 17th, 2012

Posted by Leonard Steinberg on November 17th, 2012

While Europe is faltering, Germany is one of the few countries rising above the growing tide of failure. One example of their success is their ability to invest into the future. Some estimate that Germany will produce close to 100% of its energy from renewable sources by 2050: Twenty-five percent of Germany’s electricity now comes from solar, wind and biomass. A third of the world’s installed solar capacity is found in Germany, a nation that gets roughly the same amount of sunlight as Alaska. More importantly, 65 percent of the country’s total renewable power capacity is owned by individuals, cooperatives and communities, leaving Germany’s once all-powerful utilities with just a sliver (6.5 percent) of this burgeoning sector.

So why does New York not follow this example? Install (in mass) solar panels, solar glass, windmills, geo-thermal systems……the works……privately funded……to become the first energy self-sufficient city run on clean energy?  Maybe then LIPA and Coned won’t need reprimanding for poor service when the next storm blows through?

THE ROLLER COASTER DECADE

Monday, June 14th, 2010

I believe the two thousand and teen years will be the ROLLER COASTER DECADE. Already we are witnessing a volatility that has rarely been seen before in our history, and I fear this is the new normal.

We are seeing vast fluctuations in the Equity Markets, often fueled by our new electronic economy, a system that is more focused on incremental minute technical gains and losses achieved through advanced technology than long term investment strategies.

The quarterly driven thinking and analysis is being replaced by a monthly analysis that results in sweeping conclusions, mostly politically fueled. These ‘conclusions’ become the press stories who are desperately seeking the next headline, and the more dramatic it is, the better.

With everything being averaged, sooner or later it will become evident that all these averages are actually inaccurate and that more specific long term data is indeed more meaningful….but it could take a decade of roller coaster style pain to learn this lesson.

We are in the midst of a technology revolution: this decade will see a vast shift in media (Think how the I-Pad is already replacing 6 newspapers in hotel lobbies!), energy (the BP oil spill will see a huge new focus on clean energy) and the markets in general (banking reform).