NewEnergyNews: QUICK NEWS, August 22: NEW ENERGY OFFERS MICHIGAN JOBS; DO NOTHING CONGRESS COSTS WIND JOBS – STUDY; NEW ENERGY IN THE 2012 MARKET/

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Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Wednesday, August 22, 2012

    QUICK NEWS, August 22: NEW ENERGY OFFERS MICHIGAN JOBS; DO NOTHING CONGRESS COSTS WIND JOBS – STUDY; NEW ENERGY IN THE 2012 MARKET

    NEW ENERGY OFFERS MICHIGAN JOBS Michigan State study: state ballot proposal would create over 74,000 jobs

    Carl Levesque, August 17, 2012 (Wind Energy Weekly)

    “At least 74,495 Michigan jobs will be created if the Michigan Energy Michigan Jobs renewable energy ballot proposal passes in November...[According to Michigan State University’s Projected Job and Investment Impacts of Policy Requiring 25% Renewable Energy by 2025 in Michigan, the proposal] would create more than $10 billion in new investments…

    “…[T]he proposal would create 31,513 jobs from construction and 42,982 jobs from operations and maintenance. A range of additional job impacts could follow passage of the proposal…All told, the initiative would create between 74,495 and 113,845 jobs in Michigan…Under the proposed RPS, the 25 percent threshold would be met in increments, with wind, solar, hydro and biomass qualifying as resources…”

    “…The proposal includes a 1 percent cap on electricity rate increases, a provision that answers any possible claims by opponents that the RPS would negatively impact consumers’ wallets…

    “…Given the current cost of electricity in the state, the RPS would not be expected to trigger such a rate cap, even without the federal Production Tax Credit, wind power’s crucial primary policy driver that is awaiting extension. Current power-price revenues for the two largest utilities in the state are at around $100 per megawatt-hour, and wind power purchase agreements in the state range between $65 and $95/MWh.) Currently Michigan has an RPS of 10 percent by 2015…”

    DO NOTHING CONGRESS COSTS WIND JOBS – STUDY Study Confirms PTC Uncertainty's Impact On Wind Jobs, Reveals Top States For Clean Energy Jobs

    16 August 2012 (North American Windpower)

    “As many as 37,409 jobs could be created from the more than 70 major clean energy projects announced across the U.S. during the second quarter of this year [but the potential end of the production tax credit (PTC) already is putting a damper on the growth of the wind industry], according to a recent report from Environmental Entrepreneurs (E2), a national group of business leaders who advocate for sound economic and environmental policies…

    “In the second quarter, E2 tracked 12 wind project announcements that are poised to create about 2,300 jobs, compared to 31 wind project announcements that would create more than 9,100 jobs in the first quarter of this year…[but] uncertainty over the production tax credit…[is] already taking its toll on job creation in that sector…”

    “…[T]he top [5] states for clean energy jobs in the second quarter were…California (16 projects announced with 20,879 possible jobs)…Florida (three projects announced with 7,375 possible jobs)…New York (three projects announced with 1,408 possible jobs)…Michigan (nine projects announced with 1,319 possible jobs)…Colorado (two projects announced with 1,100 possible jobs)…

    “Clean energy projects were announced in 30 states in the second quarter. Nearly one-third of the announcements were in Midwest states, including Michigan, Ohio and Illinois.”

    NEW ENERGY IN THE 2012 MARKET Clean Edge Stock Index Update – Q2 2012; Quarterly update on CELS, QWND, and QGRD through June 30, 2012

    August 21, 2012 (Clean Edge)

    “CELS is designed to track the performance of U.S.-listed companies that are primarily manufacturers, developers, distributors, or installers of clean-energy technologies. The Index lost 13.54 percent during Q2 2012 and is down 39.08 percent over the last 12 months…

    “QWND is a modified market-capitalization index and includes companies that are primarily manufacturers, developers, distributors, installers, and users of energy derived from wind sources. The index dropped 23.44 percent during Q2 2012 and is down 44.91 percent over the last 12 months…”

    “QGRD is a modified market-capitalization index and includes companies that are primarily engaged and involved in electric grid; electric meters, devices, and networks; energy storage and management; and enabling software used by the smart grid and electric infrastructure sector. The index fell 5.89 percent in Q2 2012 and is down 19.23 percent over the last 12 months.

    “An exchange traded fund (ETF) is based on the NASDAQ OMX® Clean Edge® Smart Grid Infrastructure Index and is sponsored by First Trust Advisors L.P. To learn more about QGRD methodology, up-to-date performance, licensing information, and licensed products please visit www.cleanedge.com/ceindex/...”

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