Sunday, May 13, 2007

Clean Energy Quick Clicks

Solar power isn't just for hippies anymore. Hundreds of Amish in northeast Ohio are installing solar panels on their rooftops. One man explained: "I am a Christian and I am Amish. But being Amish is not a religion. It's a way of life; being Amish means being independent."
  • Last week, Archbishop Celestino Migliore, the Holy See's permanent observer to the United Nations, explained to the UN Commission on Sustainable Development of the Economic and Social Council that climate change will "impact first and foremost the poorest and weakest." Read the full speech on the Vatican's global warming concerns here.
  • The U.S. Climate Action Partnership - a coalition of major corporations and environmental organizations calling for federal legislation to cut global warming emissions - has announced 14 new members. Some of them include: American International Group (AIG), Boston Scientific, Dow Chemical, PepsiCo, and (interestingly) General Motors.
  • More and more ethanol plant mergers are likely, according to Reuters. As profit margins shrink from rising corn prices, the "highly fragmented industry" will see a wave of consolidations. Returns on capital have already fallen to 13 percent, down from 73 percent a year ago.

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