Archive for the ‘Wind Energy’ Category

Japan’s Fukushima Disaster Creates Opportunity for Alternative Energy

Sunday, September 25th, 2011

As thousands of Japanese protest against the nuclear power industry in Tokyo, it may be time to consider investing in the alternative energy sector.

Thousands of Japanese citizens took to the streets on Monday in Tokyo, calling on the government to reduce the country’s use of nuclear power. The protests are the latest reaction to the nuclear disaster at the Fukushima Daiichi nuclear power plant, which happened after much of northeast coastal Japan was devastated by an earthquake and tsunami earlier this year on March 11.

Former Japanese Prime Minister Naoto Kan recently revealed in an interview with Kyodo News that the situation looked so bleak shortly after nuclear disaster struck the Fukushima Number One nuclear power plant that 30 million residents of the Tokyo metropolitan area faced evacuation, according to the worst case scenario in a report he received in the early days of the unfolding nuclear crisis.

http://www.minyanville.com/businessmarkets/articles/nuclear-industry-fukushima-disaster-japan-nuclear/9/19/2011/id/36954

Major Focus on Alternative Energy by Jamaica

Tuesday, August 30th, 2011

The volatility of the global energy market has forced consuming countries worldwide to take a serious look at the skyrocketing cost and its impact on their economies, and to plan and implement strategies aimed at reducing their dependence on fossil fuel.

The [Jamaican] Government, which is also feeling the effects of the cost of imported oil, has stepped up its effort to raise public awareness and plan strategies for the use of alternative energy, particularly renewable energy.

Included in the strategies are the launching of the country’s first National Energy Policy; setting the stage for the introduction of Liquefied Natural Gas (LNG); promoting the use of solar energy and expanding wind farms.

There has also been an islandwide series of community and stakeholder workshops put on by the Petroleum Corporation of Jamaica (PCJ).

http://www.jis.gov.jm/news/leads-129/28617

Real Domestic U.S. Alternative Energy Policy Needed

Thursday, August 11th, 2011

Andrew Smolski, a specialist in Political/Economic Sociology, argues that alternative energy is a boom industry that needs government help in order to cover the initial losses that would be incurred by private industry: It will not “be some socialist evil over-centralizing,”, he concludes, “but it will allow America to rebuild an economy that hangs on the edge of a cliff.”

http://oilprice.com/Alternative-Energy/Renewable-Energy/The-Need-for-a-Real-Domestic-Alternative-Energy-Policy-in-the-USA.html.

The writer of this article from India makes a similar contention regarding renewable energy for his country, here:

http://www.livemint.com/2011/08/03210558/Renewable-energy-is-no-longer.html 

The Alternative Energy Fallacy

Monday, July 18th, 2011

Alternative energy investments often make sense for an individual homeowner; however, well-known investor advisory service “The Motley Fool” explains that the idea that widespread deployments of wind turbines, solar panels, and electric vehicles will slash hydrocarbon consumption and give us a greener planet is flawed. These technologies are heavy users of industrial metals. Any significant diversion of the production of those metals from current uses would result in their prices increasing faster than fossil fuels prices.

http://www.fool.com/investing/general/2011/06/25/the-alternative-energy-fallacy.aspx