Lawmakers float renewable energy finance bill – The Hill’s E2-Wire

See on Scoop.itGreen Energy Technologies & Development

A bipartisan, bicameral group of lawmakers revived legislation Wednesday that aims to spur renewable energy investment through federal tax code tweak. Lawmakers unveiled the Master Limited Partnerships Parity Act — spearheaded in the Senate by Sens.

Duane Tilden‘s insight:

The bill would extend master limited partnerships to renewable energy projects ranging from wind power to energy efficiency. Currently, only oil-and-gas projects can use the financing mechanism.

“This market-driven solution supports the all-of-the-above energy strategy we need to power our country for generations to come. Our legislation will unleash private capital, create jobs and modernize our tax code,” Coons said in a statement.

See on thehill.com

Report: US Smart Grid Cybersecurity Spending to Reach $7.25B by 2020 : Greentech Media

See on Scoop.itGreen Energy Technologies & Development

Securing the new IT infrastructure of the power grid against cyber-attack is going to be big business, but that’s not because it makes money for the utilities that are buying it. Instead, today’s smart grid cybersecurity investments are mostly about meeting regulations, satisfying shareholders, and trying to justify the costs …

Duane Tilden‘s insight:

…one of the key tenets of cybersecurity is that you don’t talk about cybersecurity — at least, not the specifics of how you’re discovering, isolating, eliminating and building new protections against new intrusions and attacks that change from day to day.

Those threats can range in intent from simple intrusion and data theft, to full-scale attempts to take over control systems, and can vary in sophistication from cheesy password-stealing scams to sophisticated “advanced persistent threats” coming from shadowy government-backed, quasi-criminal “hacktivist” and mercenary groups.

In North America, much of that spending is being driven by the North American Electric Reliability Corporation (NERC)’s Critical Infrastructure Protection (CIP) requirements. Covering the U.S. and Canada, these rules come with stiff fines of up to $1 million per day for utilities that can’t prove they’re meeting security guidelines, and newer versions add a lot more serial-connected smart grid assets to their purview. The Department of Energy’s $4.5 billion in stimulus grants also came with cybersecurity strings attached, as outlined by the ongoing government-industry work being coordinated by the U.S. National Institute of Standards and Technology, or NIST.

See on www.greentechmedia.com

USGBC Adds Green Building Finance Expert | U.S. Green Building Council

See on Scoop.itGreen Building Design – Architecture & Engineering

Washington, D.C. — (April 8, 2013) — The U.S. Green Building Council (USGBC) announced today that Dan Winters recently joined the organization as Senior Research Fellow for Business Strategy and Finance.

Duane Tilden‘s insight:

Winters, a 20-year veteran of real estate finance and one of the first LEED Accredited Professionals in the financial industry, is the previous recipient of the 2012 USGBC Mark Ginsberg Sustainability Fellowship. Now with USGBC as a full-time staff member, Winters will utilize his background in institutional real estate finance, alongside his capital market perspectives, to foster and strengthen the growing relationships between the green building and investment communities.

“Dan is one of the foremost minds among those who develop high-performance buildings, the commercial brokerage community and the institutional financiers who seek to incorporate sustainable properties into real estate investment portfolios,” said Chris Pyke, vice president of research, USGBC.

See on www.usgbc.org

There’s cash in that trash

See on Scoop.itGreen & Sustainable News

There could be big bucks in waste disposal and management, Bank of America/Merrill Lynch figures.

Duane Tilden‘s insight:

Lets look at some of the opportunities BofA/ML has identified:

– Disposal and recycling of municipal solid waste (rubbish, in common parlance) is currently worth $400 billion but over the next decade,  $87 billion in investments are expected in this sector.

– Waste-to-energy (energy recovery from waste): One ton of rubbish can create 500-750 kilowatts of power. This market is worth $7.4 billion in 2013 and  could grow to $81 billion by 2022.

– Sustainable packaging: Accounts for a third of solid waste in developed countries. Worth almost $109 billion in 2011, the market is expected to grow to $178-212 billion by 2015-18.

– e-waste (discarded electrical or electronic devices):  Recycling/reuse of e-waste components was worth $13.9 billion in 2012 but could grow to between $25 and 44.3 billion by 2017-20. One example of how lucrative this can be – -recycling one million mobile phones can recover 24 kg of gold, 250 kg of silver and more than 9,000 kg of copper.

Wastewater and sewage treatment:  The biggest investments are needed in the developing world but in the United States alone, infrastructure of $1 trillion could be needed over the next 25 years, BofA says, citing research from the American Waterworks Association.

See on blogs.reuters.com