What Does the Economic Crisis Mean for the Green Tech Sector?

By Eliza Strickland | October 22, 2008 9:10 am

offshore windmillAs the turmoil continues in the world’s financial systems and countries brace for an economic downturn, many environmentalists and green tech entrepreneurs are posing the question: How will this crisis impact the young renewable energy sector?

Some worry that ambitious projects won’t be able to get the financing they need from troubled banks wary of lending money, while others note that oil prices have dropped fast based on predictions of lower demand. Advocates are concerned that if the prices for oil and gas keep falling, the incentive for utilities and consumers to buy expensive renewable energy will shrink. That is what happened in the 1980s when a decade of advances for alternative energy collapsed amid falling prices for conventional fuels [The New York Times].

In Europe, environmental ministers are meeting to finalize the European Union’s goals for cutting the greenhouse gas emissions that cause global warming, but new discord has broken out. Nations like Italy and Poland have begun to argue that emission cuts must be scaled back to avoid further hardship for industry during the hard economic times. Italian Prime Minister Silvio Berlusconi said: “Our businesses are in absolutely no position at the moment to absorb the costs of the regulations that have been proposed” [BBC News].

But so far, other European nations have insisted that the EU will commit to deep greenhouse gas cuts, and have argued that the financial crisis offers an opportunity for growth. The global economy and the climate system are linked and the current slowdown represents a unique opportunity to use public sector investment to kickstart the economy and, at the same time, build the low carbon infrastructure we need for our long term prosperity [Telegraph]. They argue that the current financial crisis was brought on by ignoring financial risks and focusing on short-term gains, and that following a similar policy on environmental risks would be setting the world up for another, inevitable crisis.

In the United States, presidential candidate Barack Obama has pledged to create 5 million “green jobs” by investing in renewable energy, energy efficiency, and next-generation cars. A recent study of California’s policies to promote energy efficiency over the last 30 years bolsters the idea that doing the environmentally responsible thing can also help the economy. Study author David Roland-Holst said the lower use has enabled Californians to save $56 billion on energy since 1972. That money was spent in the local economy, he said, instead of on imported oil, out-of-state electricity or building new power plants. The result: 1.5 million additional California jobs with a total payroll exceeding $45 billion [Los Angeles Times].

Image: flickr/phault

CATEGORIZED UNDER: Environment
  • Pablo León

    MAQUINA-EHX22 HYDRAULIC POWER. FREE AND DEFINITIVE ENERGY

    MAQUINA-EHX22 creates the energy of the future. It has been obtained for the first time that when applying a force to the volume of a closed body, the explosive power that it generates can move pushing areas by periodic cyclical sections – without which the volume varies multiplying by more than twenty the used force.

    In the history of the hydraulics never it was possible to be able to multiply the energy. In order to make it possible, and for want of knowing another form, it is only possible to be managed having formed individual volumes in watertight cavities and turning in rotation, when applying to him a force from the outside, the power of its transformation pushes a section of turn of degrees (similarity to the race of push of the rectilinear cylinder). The volume at the same time as one moves pushing a free plane, it follows connected the outer force and is growing his power – without varying, which obvious confirms another concept in Matters Energetics that transfer the present knowledge of the physics and the mathematics, because simply and level, the outer energy that enters during the development of forces of the cycle, with the push is multiplied. Nothing similar is known until now. Universal Formula that supposes such invention, once concluded the works of investigation, development and tests, has been patented and later admitted to step.

    The devised thing is based on to have formed a system unique Machine with the necessary thing so that in independent zones volumes formed between the cavity of the free plane of the Rotor and the Shirt, maintain their watertightness in spite of being in permanent rotation, the volumes from an outer power source (bulk injection pump) are transformed and with the pressure that reach they realise races of push but without varying the volume pushing the Rotor one on its axis by periodic cyclical sections. This new concept in the hydraulics, allows to realise an ample fan of models that are scaling different powers. The smallest model has two zones with a Rotor of 200 mm of diameter and length 485, in a return distributed the 52 pump injects a 0.8% to him = to cm3 in 2+2 70 cycles to k/pcm2 and with the different deductions the average from the adiabat of the two 350 about 40 races is of k/pcm2 pushing cm2 that add the areas of their two free planes, and turns to 1,000 rv/m. It produces about 137 KW and from them, it derives for the consumption from the electrical motor from the bulk injection pump 6.7 KW.

    Machine at issue, is compound of a Rotor lodged in its Shirt (body housing) and supported in the bearings of its covers. The Rotor incorporates several watertight zones (from 2 to 4 according to model), by the composition of the material and special design of the meetings that constitute the walls, these are hermetic in their rotation by the interior of the Shirt and they are supplied oil by bulk injection pumps (from 1 to 4). The physical and mechanical properties of all the process of accomplishment that forms Machine, allow to develop to pressure powers until more than 300 k/pcm2 and all this to the obtained salary to devise the necessary mechanisms that they make possible the development of the cycles that are exposed of brief form in the four following points:

    1- In the surface of the Rotor, spaces are distributed the same that locate the zones, in each and its forcebody to the rotation, a special semiangle equipped with greater area has practiced its plane – to of push, its full oil cavity lodges the volume.

    2 – The volume when connecting itself with the pump initiates the development of the race of the cycle and disconnects when finalizing while it remains without varying in his displacement of push.

    3- The zones are separated by short spaces in which the entrance system has practiced and exit of the fluid that allows to the change of cycles, releasing the pressure to the outside to repeat the entrance and to develop following and the successive ones again. Thanks to this system of periodic cyclical change a1.000 can reach speed superior rv/m.
    4 – The singular one I devise of conduits in each zone, they act like perfect pipes and the volume can move without varying for being the conduits those that progressively extend with the rotation of the volume and only precise few cm3 to transform it, and therefore, obvious reason for which FREE AND CLEAN ENERGY.

    (So that to the little expert reader in hydraulics it helps to understand all this him, I believe that the following example will be sufficient to him; if a closed body of 25 cm of diameter and 20.8 of height contains about 10 liters of water, to transform the force of its 10 volume to k/pcm2, only needs that a 4 is applied to him force of 0.04% = to cm3 and the peaking power that it must resist the wall of its about 16,000 body will be of kgf or would explode, and is enough a hypodermic syringe by hand to trasformar it. This fact is practically known by all, but it seemed something impossible that the little force enters that needs and the power that it generates, could be found a point intermediate to find the way to rationalize these two values of so out of proportion forces one of the other, from arose the idea there to be able to obtain that if the volume could be still moved a section with all their power needing some cm3 more and although it would generate minor power for the set out example, would be sufficiently important as it demonstrates therefore it I devise of Machine that enters energy to him and the extraction multiplied by more than twenty).

    When not being able to realise a Computer model of the system, the validation of its operation has been realised by a Professor of Fluids. The rest of precise documentation absolutely is finished with annotated planes and others, all ready one to realise the first apparatus prototype and knowledge with exactitude the energy that produces. Contact: multienergia-x22@gmx.es

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