Tag Archives: Surprising

The Surprising Economic Benefits of Clean Energy
June 18, 2018 6:04 pm|Comments (0)

It seems to be a common misconception that environmentalism and economic growth are opposed, but nothing could be further from the truth. The economic power of the green movement is most visibly on display in the clean energy industry, which is rapidly growing and innovating daily.

Clean energy impacts residential, commercial, and industrial properties, so how it is supported and implemented is key to how it impacts both the planet and the economy. Here’s a look at programs that support the development and expansion of clean energy, as well as how clean energy is being integrated with our infrastructure today.

How clean energy impacts businesses

Clean energy might not seem, on its surface, like a business issue for anyone outside of the renewables industry. However, on the contrary, it is a powerful cost-cutting measure that carries with it a huge branding opportunity. Not only can businesses save money by harnessing the power of sun, air, or sea, but they can also demonstrate to a consumer base eager for corporate social responsibility that they care about their environmental impact.

Those benefits are driving adoption by more companies. In 2017, companies acquired more than 4 gigawatts of clean energy, the most of any year on record. And already in 2018 companies have acquired nearly three quarters of last year’s total, putting them on pace to easily surpass 2017’s record-breaking acquisitions of clean energy.

Adoption rates also mean that the branding advantage presented by the opportunity to shift to clean energy will soon turn into an imperative. Changing now means companies are responsible kids on the block, but waiting until later means they run the risk of looking like a lackadaisical polluter. As clean energy becomes more ubiquitous, it will be expected, rather than applauded. Large adopters are clearing the way for smaller companies, and clean energy is moving toward something that feels more like mass adoption.

Regulatory support for clean energy

In 2015, the White House established new Property Assessed Clean Energy (PACE) guidelines through the Federal Housing Administration that should help scale up adoption of clean energy. PACE enables low-cost, long-term financing for a variety of energy efficiency, renewable energy, water conservation, storm protection, and seismic improvements. PACE financing is repaid as a special assessment or tax on the property’s regular tax bill and is processed the same way as other local public benefit assessments like sidewalks and sewers.

Depending on where you live, PACE financing can be used for improvements on commercial, residential, nonprofit, light industrial and agricultural properties. PACE is designed to lower utility bills for homeowners, create jobs and help local governments achieve important environmental goals (although it hasn’t been without its opponents).

Real world implementation of clean energy

Technological development and theory are great things, but they are nothing without real action. How we implement clean energy and the market conditions surrounding it are the most important aspects of transforming the way we obtain our energy.

A number of companies use earth-friendly practices and products to provide the homeowner with energy saving solutions, offering qualifiable PACE improvements and upgrades that can be made to a home or business. Many work with financing companies like Renew Financial, a clean-energy finance company led by CEO Cisco DeVries, the innovator of the PACE finance model, to provide solutions that aim to keep the immediate environment clean and reduce energy waste and costs.

Environmental resiliency is certainly an issue across the country. In Florida in particular, homeowners are concerned due to the risks of flooding, hurricanes, and extreme heat.

One company, Evergreen Homes, says it’s seeing an increase in requests for critical property upgrades such as roofing, wind-resistant windows and other energy-efficiency improvements. CEO Ido Stern says it provides customers with a number of options “to make much-needed weatherization and energy improvements that make their properties hurricane safe, and comparable with new construction, while at the same time saving them money and increasing their property values.”

Every dollar saved by the implementation of green solutions and clean, renewable energies is a dollar that can be used in the local economy, boosting growth and improving the business environment. In this way, economic growth and environmental progress go hand in hand. So, the next time someone says you have to degrade the environment to make money, remember that a large sector of the American economy is driven by finding business solutions to critical environmental problems.

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4 Surprising Side Effects of Electric Autonomous Vehicles
June 3, 2018 6:03 am|Comments (0)

, From Chicago, I write about green technology, energy, environment. Opinions expressed by Forbes Contributors are their own.

LAS VEGAS, NV – The Nissan IMx, an all-electric crossover concept vehicle offering fully autonomous operation and a driving range of more than 600 kilometers, is on display during CES 2018 at the Las Vegas Convention Center earlier this year. (Photo by Alex Wong/Getty Images)

First of two parts

Electric autonomous vehicles are expected to drastically reduce greenhouse gas emissions, traffic congestion, parking demand, insurance costs and traffic fatalities. They’ll eliminate the 90 percent of traffic accidents attributed to human error.

Those effects are well celebrated. But they will likely have some equally startling side effects, once the three trends of electric drive, connectivity and autonomy converge.

“Those three items collectively will lead to a big change in the way we travel,” said Edward J. Regan, senior vice president of the consulting firm CDM Smith. “The convergence of these things will have a big impact, and it’s going to affect people’s decisions on how they travel and if they choose to own a car.”

The big trigger point will come when vehicles achieve level-five autonomy, Regan said, operating completely driverless without geographic restrictions. When that happens, according to Regan and other experts at the Transport Chicago Conference in Chicago Friday, we’ll see side effects like these:

1 Cars Will Last Longer

Because they have fewer moving parts and don’t rely on explosive heat, electric vehicles are expected to last longer than internal combustion vehicles. According to Regan, they could last almost five times longer.

Page 1 / 3

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4 Surprising Side Effects of Electric Autonomous Vehicles
June 3, 2018 6:03 am|Comments (0)

, From Chicago, I write about green technology, energy, environment. Opinions expressed by Forbes Contributors are their own.

LAS VEGAS, NV – The Nissan IMx, an all-electric crossover concept vehicle offering fully autonomous operation and a driving range of more than 600 kilometers, is on display during CES 2018 at the Las Vegas Convention Center earlier this year. (Photo by Alex Wong/Getty Images)

First of two parts

Electric autonomous vehicles are expected to drastically reduce greenhouse gas emissions, traffic congestion, parking demand, insurance costs and traffic fatalities. They’ll eliminate the 90 percent of traffic accidents attributed to human error.

Those effects are well celebrated. But they will likely have some equally startling side effects, once the three trends of electric drive, connectivity and autonomy converge.

“Those three items collectively will lead to a big change in the way we travel,” said Edward J. Regan, senior vice president of the consulting firm CDM Smith. “The convergence of these things will have a big impact, and it’s going to affect people’s decisions on how they travel and if they choose to own a car.”

The big trigger point will come when vehicles achieve level-five autonomy, Regan said, operating completely driverless without geographic restrictions. When that happens, according to Regan and other experts at the Transport Chicago Conference in Chicago Friday, we’ll see side effects like these:

1 Cars Will Last Longer

Because they have fewer moving parts and don’t rely on explosive heat, electric vehicles are expected to last longer than internal combustion vehicles. According to Regan, they could last almost five times longer.

Page 1 / 3

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Firefox opts for Google as default search in U.S., surprising Yahoo
November 15, 2017 12:00 am|Comments (0)

SAN FRANCISCO (Reuters) – Alphabet Inc’s (GOOGL.O) Google reclaimed on Tuesday its spot as the default search engine on Mozilla Corp’s Firefox Internet browser in the United States and other regions as the browser maker stunned Verizon Communication Inc’s (VZ.N) Yahoo by canceling their deal.

FILE PHOTO – The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake/File Photo

Google confirmed the move but declined, along with Mozilla, to disclose revenue-sharing terms of the multiyear agreement. Google’s growing spending to be the primary search provider on apps and devices such as Apple Inc’s (AAPL.O) iPhone has been a major investor concern.

Google will be Firefox’s default search provider on desktop and mobile in the United States, Canada, Hong Kong and Taiwan, said Mozilla spokewoman Erica Jostedt.

Yahoo had been the default in the United States, Hong Kong and Taiwan. Firefox did not have an official partner in Canada.

Verizon said Mozilla terminating the Yahoo agreement caught it off guard.

“We are surprised that Mozilla has decided to take another path, and we are in discussions with them regarding the terms of our agreement,” said Charles Stewart, a spokesman for Verizon’s Oath unit, which oversees Yahoo.

For a decade until 2014, Google had been Firefox’s worldwide search provider. Google then remained the default in Europe while regional rivals such as Yahoo, Russia’s Yandex (YNDX.O) and China’s Baidu Inc (BIDU.O) replaced it elsewhere.

Former Yahoo Chief Executive Marissa Mayer won a five-year contract with Mozilla in 2014 when Firefox and Google’s Chrome browser were battling for users. (reut.rs/2hsYZQo)

Chrome’s U.S. market share has since doubled to about 60 percent, according to data from analytics provider StatCounter, with Mozilla, Apple Inc (AAPL.O) and Microsoft Corp (MSFT.O) browsers capturing the rest.

Yahoo paid Mozilla $ 375 million in 2015 and said that it would pay at least the same amount annually through 2019, according to regulatory filings.

Denelle Dixon, Mozilla’s chief business and legal officer, said in a statement that the company had “exercised our contractual right to terminate our agreement with Yahoo based on a number of factors including doing what’s best for our brand, our effort to provide quality web search and the broader content experience for our users.”

She continued, “We believe there are opportunities to work with Oath and Verizon outside of search.”

Yahoo and Google aim to recoup placement fees by selling ads alongside search results and collecting valuable user data. Google said in October that contract changes drove a 54 percent increase in such fees to $ 2.4 billion in the third quarter.

Reporting by Paresh Dave; Editing by Lisa Shumaker

Our Standards:The Thomson Reuters Trust Principles.

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