Now an independent foundation released a report stating that Texas’s renewable energy future could include almost 23,000 jobs a year and $2.7 billion in local and state tax revenues.  Could clean tech follow high tech and biotech as Texas giants?

The report, announced earlier this week at the State Capitol in Austin, is the work of the Cynthia and George Mitchell Foundation.  In sum, the study proposes the state could become a catalyst for the renewable energy industry, and envisions three scenarios:

• For an approximate $13 increase in residential energy bills, the state could gain a 20% growth in its renewable energy capacity, which in turn would create the best possible scenario, the presumed 22,900 additional clean energy jobs added annually.  State revenues would also reach the aforementioned $2.7 billion mark.  Many residents would probably balk at this—or would the “price of a postage stamp” daily argument work?
• In a baseline scenario, a statewide $4 utility bill increase would create about 6000 new jobs annually, and net a 15% percent increase in Texas’s renewable energy capacity.  Texas would also gain close to $1 billion in revenues, with the state and municipalities splitting that gain about 80-20%.
• If Texas stays the course, there would be some modest growth in job creation, economic growth and tax revenues, but nothing approaching the baseline or best-possible scenarios

Read the rest here:  http://tinyurl.com/2ubknlr 

Read the full article here: 

http://www.austinenergy.com/About%20Us/Newsroom/Press%20Releases/2010/solarSchools.htm

The factors that differentiate “green” construction derive from a new set of expectations relating to structures and their function. Green buildings aim to maximize efficiency in their use of water, energy and other resources, to minimize waste, pollution, or other contributions to environmental degradation, and to create environments that contribute to health and productivity.

The Green Jobs Guidebook (Environmental Defense Fund 2008), thought by many to be the definitive green jobs report to date, lists 41 job classifications directly related to green building. Among them: Green Building Project Design and Development; Green Building Design and Engineering; Green Building Operations; Energy Efficiency Services and Installation. Other green jobs that relate to construction include: Solar Power Installation; Maintenance, Development and Manufacturing; Wind Power Installation; Geothermal Operation and Development; Plant Environmental; Health and Safety Facility Positions; Environmental Consulting; Municipal Waste Treatment and Recycling.

In addition to new methods and materials, the culture of the green construction site can be different. According to Bill Stough, “maximizing energy efficiency and material efficiency so there is less waste being generated on a construction site – the waste that is generated on the construction site is reused to the maximum extent possible.” For example, deconstructing a building in preparation for new construction is another aspect of high performance building standards that requires special training. Recycling of building materials and debris left over from clearing the site earns points for green building certification through programs such as the U.S. Green Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED) green building rating system. In addition, secondary jobs are created in the marketing of the refuse – jobs for processing the material and making it ready for use in other, less valuable products, called “downcycling”

Until Dec. 31, 2010, homeowners can take advantage of a national tax credit on a variety of energy-saving products. Here’s a basic explanation of how the tax credit works, with help from the Internal Revenue Service.

There appears to be a cauldron of federal stimulus money going to waste these days because large numbers of Americans are more concerned about saving their houses than improving them.

This isn’t setting too well with the remodeling industry, especially home-center chains such as Home Depot, which has sent out a reminder that, earlier this year, Congress approved the American Recovery and Reinvestment Act.

Meaning that, until Dec. 31, 2010, homeowners can take advantage of a national tax credit of 30 percent of the cost, up to $1,500, on a variety of energy-saving products. Insulation, windows and doors, roofing, heating, ventilating and air conditioning systems, tankless water heaters and alternative energy programs, such as solar panels and wind turbines, are covered.

Here’s a basic explanation of how the tax credit works, with help from the Internal Revenue Service.

What the law means: First, the provision that covers this is the Residential Energy Property Credit (Section 1121 of the act), which increases the energy tax credit for homeowners who make energy-efficient improvements to their existing homes. The law increases the credit rate to 30 percent of the cost of all qualifying improvements and raises the maximum credit limit to $1,500 for improvements placed in service in 2009 and 2010.

Didn’t we have this before? A similar credit was available for 2007. Standards for products that qualify for the credit are higher than the ones allowed in the 2007 law. To be helpful, the IRS is advising manufacturers on how they can certify that their products meet these new standards for the credit. Homeowners may continue to rely on manufacturers’ certifications under the 2007 law, such as EnergyStar labels, to see if products they bought before June 1 are eligible.

Here comes the sun: Then there is the Residential Energy-Efficient Property Credit, or Section 1122, of the Recovery Act. This is a nonrefundable energy tax credit designed to help individual taxpayers pay for qualified residential alternative energy equipment, such as solar hot water heaters, geothermal heat pumps, and wind turbines.

What’s new here: The new law removes some of the maximum amounts previously allowed, and permits a credit equal to 30 percent of the cost of qualified products.

So what should I look for? For insulation to qualify, its primary purpose must be to insulate (example: insulated siding does not qualify).

Windows, doors, and skylights: Starting Oct. 1, you’ll see a red or black label, in combination with EnergyStar designations, on these products. The label identifies high-efficiency products that now qualify as EnergyStar but don’t meet the stricter requirements effective April 1, 2010. Windows, doors, and skylights purchased on or after June 1, 2009, must have U-factor and Solar Heat Gain Coefficient (SHGC) ratings of 0.30 or less. These ratings must be certified by the National Fenestration Rating Council (NFRC). Look for the NFRC label.

Storm windows and doors: There is a tax credit. The best way to find ones that qualify for it is to ask your retailer for the Manufacturer’s Certification Statement for them.

Roofs? “Metal roofs with appropriate pigmented coatings” and “asphalt roofs with appropriate cooling granules” that also meet EnergyStar credits are eligible — just the materials’ cost, not the labor or roof coatings.

Alternative energy: Tax credits are available at 30 percent of the cost, with no upper limit through 2016, for existing homes and new construction, for geothermal heat pumps (they use about 30 percent less energy than a standard heat pump); solar energy systems — both solar hot water heating and photovoltaic power generating; residential small wind turbines with a capacity of not more than 100 kilowatts; residential fuel cell and microturbine systems with at least 30 percent efficiency, and hybrid gasoline-electric, diesel, battery-electric, alternative fuel, and fuel cell vehicles and electric cars.

Ask your tax accountant for details.

“Green’s the word in Austin, and today greenbacks are on their way to further strengthen our commitment to clean energy,” said Doggett, D-Austin. “Green jobs have the ability to not only transform the way we do business, but re-power America; this training will provide workers with the nuts and bolts to construct a thriving clean energy economy right here in Central Texas.”

The grant is a significant gain for the region’s green work force, as community and business leaders continue to eye plans to grow the sector in Central Texas, which has lost jobs in manufacturing and other key industries in the downturn.

The Central Texas plan, funded by the federal economic stimulus program, will train 1,000 workers for jobs at solar power plants in Austin and San Antonio and projects in nearby cities and states. The training will prepare workers for a variety of jobs, including in solar installation.

The grant will go to Austin’s Joint Apprenticeship Training Committee , which is sponsored by the International Brotherhood of Electrical Workers Local 520 .

Gilbert Ferrales , training director for the JATC, said the training will provide workers with immediate employment opportunities in Central Texas.

The Austin IBEW will partner with ImagineSolar LLC, an Austin-based company that does job training for the solar energy industry, and the Austin Workforce Investment Board.

The training will begin as early as March and take place at JATC’s training facility in Southeast Austin over the following months.

“This grant represents a major step forward in developing the solar energy industry for Central Texas,” said Michael Kuhn, president and chief executive of ImagineSolar.

The region got one of 25 grants totaling nearly $100 million from federal stimulus funds announced Wednesday by the Labor Department.

It’s part of a larger $500 million federal initiative to train workers for careers in energy efficiency and renewable energy industries.

“Our outstanding award recipients were selected because their proposed projects will connect workers to career pathways in green industries and occupations through diverse partnerships,” Secretary of Labor Hilda Solis said in a statement Wednesday.

Article courtesy of Austin American Statesman

China currently receives only a tiny fraction of its electric power from renewable sources (other than hydroelectric). They will try to double their renewable energy production each year for the foreseeable future. It will take many years of doubling to reach an equilibrium point with an economy growing 10% per year. They talk about reducing the carbon output for each unit of production.

Why are the Chinese using this approach? Cap and trade just doesn’t work for them. They can’t put carbon limits on an economy that is growing 10% per year. If the caps really worked, their growth rate would decline substantially. They are not willing to give up the growth which provides jobs for the hundreds of millions of Chinese looking for work to move out of poverty.

To implement this policy of displacement, the Chinese government had decreed that power companies must buy all of the renewable energy produced even if the price of that energy is higher than the price of energy produced from fossil fuels. Note that the price renewable energy producers can charge is regulated by the government but is typically set at a price that provides a decent return for the company. China will also provide fast approval for renewable projects and will work to build out their electric grid to connect new power sources.

The First Solar deal with China to build 20 GigaWatts of solar collectors by the year 2020 is a good example of this policy at work. China guaranteed First Solar a rate tariff on the electricity produced that would make them a profit if they would build a factory in China to produce the panels. China will build the transmission lines to get the power to market for them. In 2020 China will have 20 GigaWatts for solar power which will mean they will product 20 GigaWatts less power from fossil fuels when the sun shines.

The displacement policy means Chinese wind and solar system producers are gearing up to increase production dramatically. This high consistent demand is allowing them to use scale to drive down manufacturing costs. One day renewable may become cost effective as a power source compared to fossil fuels and China won’t have to subsidize their production. In the mean time China creates whole new industries with tremendous export potential and thousands (millions?) of new jobs. They also don’t have to be heavy handed with energy consumers. Consumers will pay a slightly higher price for electricity as the utility companies pass through the higher prices they pay for renewable power.

Read more at Examiner.com:  http://tinyurl.com/y85gcks

In Austin, a 40-house net-zero development is under construction about two miles from downtown. The homes are designed to be about 45 percent more energy efficient, with solar energy bringing the net use to zero. Construction of these homes costs about 15 percent more than building a traditional house, but the savings eventually make up for it.

The study estimates homes would save an average of $500 a year in energy bills, and the reduced annual emissions would be equivalent to cutting the pollution of more than three million cars in the nation’s leading greenhouse-gas producing state by 2030.

The report calls on state and federal officials to do more to make the upgrades affordable. State agencies this fall will consider increasing efficiency standards and requiring utilities to provide incentives. A bill passed in the 2009 legislative session authorizes cities to offer incentives.

Associated Press article

While 15 percent might not seem like a lot in California where the mandate is 33 percent of the state’s total by 2020, the figure is pretty ambitious for a country with such a massive population and higher technological hurdles. In fact, 15 percent would be 13 times China’s current amount of energy generated by renewables (about 15 million kilowatts, according to VentureWire). The proposal would significantly revise a current target of 60 million kilowatts by 2020.

China surpassed the United States as the largest producer of greenhouse gases several years ago. Together the countries account for 40 percent of the greenhouse gas emissions in the world, according to the New York Times.

China’s goal — similar to many countries, including the U.S. — is to come up with a comprehensive and ambitious plan to present at the United Nations Climate Change Conference in Cophenhagen in December, where the global community will attempt to reach a consensus similar to the Kyoto Protocol in 1997. Heavily criticized for its pollution problems and unsustainable development policies, China is hoping to improve its profile at the meeting, where it says it will pitch a 40 percent reduction in greenhouse gas emissions for the whole world by 2020.

Read the rest here- Green Beat

http://tinyurl.com/kqbbx9

There are also credits available for energy-saving home improvements. The old 10 percent credit has now been boosted to 30 percent for 2009 and 2010 up to a maximum of $1,500 in the two-year period. Home improvements that qualify include skylights, windows, doors, biomass stoves and high-efficiency furnaces and air conditioners. The credit must be for the taxpayer’s principal residence and you must show all the appropriate documentation.

Installation costs are covered in regards to solar panels, wind energy, water heaters and biomass stoves but are not covered with windows, doors, roofs or insulation.

Credits are also available to individuals who purchase energy efficient vehicles. These tax credits are based on the weight of the car and fuel economy compared with base-year models. For hybrid vehicles for personal use, fill out IRS Form 8910 and for business purposes use form 3800. Check with your tax adviser to see if you qualify for any of these credits.    By Barry Armstrong (Money Matters)