Felicity Carus


Posts by Felicity Carus

A Vietnamese employee of GE’s newly built turbine generator factory walks in front of wind turbine components inside an assembly line in the northern coastal city of Hai Phong on October 15, 2010.

GE last month celebrated its 20,000th wind turbine installation, a gargantuan achievement given the US power generation giant only stepped into the sector in 2002 when it purchased the wind power assets from recently bankrupted Enron. Keep reading →

Poor performance for cleantech stocks this year may continue in 2013 despite some silver linings during 2012, a leading analyst and a panel of VCs recently warned.

Kevin Genieser, Managing Director and Global Head of Clean Technology Banking at Morgan Stanley, said that cleantech equities had underperformed this year despite a bright start to 2012 with three IPOs in the sector. Keep reading →

California regulators last week claimed a landmark achievement in the implementation of the state’s ambitious but controversial AB32 climate legislation with the release of the results from its first carbon auction.

The California Air Resources Board has been developing regulations for the world’s second largest cap and trade program to help the state reduce CO2 emissions to 1990 levels by 2020. In the first phase, electric utilities, refiners and heavy industries emitting more than 25,000 tonnes of CO2 per year will be capped. From 2015, suppliers of liquid fuels and natural gas will be included in the cap of 394.5 million tons of CO2. Keep reading →

circa 1935: A view of oil wells in California, near Los Angeles.

America’s “energy renaissance” will redraw the global energy map and transform the oil and gas trade triggering trillions of dollars investment, the International Energy Agency forecast today. Keep reading →

Chevron estimates that the abundance of cheap natural gas in the US will be short-lived, according to one of its key strategy staff.

Andre Peterhans, manager of strategic planning, last week told a group at the BERC Energy Symposium at UC Berkeley that “$2 gas has perhaps come and gone”. Keep reading →

US President Barack Obama tours the General Electric Plant with GE Chairman and CEO Jeffrey Immelt (L) and plant manager Kevin Sharkey January 21, 2011 in Schenectady, New York.

General Electric recently announced $1.2bn orders for its new FlexEfficiency 60 turbine, which the company claims is a step change for the industry in its ability to supply both baseload power and ramp quickly to smooth intermittent loads from solar and wind. Keep reading →

When it comes to sources of power for products and services, consumers expressed a very strong preference for clean energy over fossil fuels in the Global Consumer Wind Study.

The overwhelming majority (67%) of respondents said that they would prefer to have their electricity sources supplied by renewables, versus 9% for fossil fuels and 8% for nuclear. Keep reading →

Transformation of the ageing electric power grid in the US is inevitable and urgent; most people in the energy industry can agree on that.

But exactly at what pace and how the future electric system will look are hotly debated. Keep reading →

Duke Energy President and CEO Jim Rogers (3rd L) testifies with (L-R) Alcoa Inc. Global Issues Director Meg McDonald, Natural Resources Defense Council President Frances Beinecke and ConocoPhillips Senior Vice President Red Cavaney before the House Energy and Commerce Committee on Capitol Hill April 22, 2009 in Washington, DC.

July 2 was not supposed to be an ordinary day for Bill Johnson, the former chief executive of Progress Energy. But it ended in an extraordinary way that even he hadn’t expected. Keep reading →

Companies are at the leading edge of wind globally, not least in the US. Starbucks recently sent a joint letter with 18 other US companies to Congress to request an extension of the Production Tax Credit which has helped grow installed capacity.

Ben & Jerry’s, Clif Bar, Johnson & Johnson, Levi Strauss & Co, The North Face, Sprint, Starbucks, Symantec, Timberland and Yahoo! are just a selection of household corporate names that understand the value of a sustainable wind industry to the consumer and the bottom line. Keep reading →

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