Kirsten Korosec, Author at Environment + Energy Leader

SolarCity, US Bancorp Launch $250M Fund

June 14, 2012June 14, 2012 by Kirsten Korosec

SolarCity and US Bancorp have launched a tax-equity fund to finance up to $250 million in commercial and residential solar power projects, the sixth and largest created by the two companies since they partnered three years ago. Customers will enter into power purchase agreements with SolarCity, which along with US ... Read more »

China Threatens to Impound Aircraft Over EU Emissions Policy

June 13, 2012June 14, 2012 by Kirsten Korosec

China says it will take counter-measures that could include impounding European aircraft if Chinese airlines are penalized for not complying with the EU’s cap-and-trade scheme. The China Air Transport Association issued the ultimatum Tuesday in response to EU climate commissioner Connie Hedegaard’s warning that carriers had until the end of ... Read more »

Cemex Hits 25% Alternative Fuel Goal

June 13, 2012June 14, 2012 by Kirsten Korosec

Cemex used 25 percent alternative fuels in its cement production in 2011, an achievement that allowed the company to avoid the use of nearly 2 million tons of coal and reduce carbon dioxide emissions by 1.8 million tons. As part of its low-carbon strategy, Cemex launched an initiative in 2005 ... Read more »

GM, Dow, Ford to Develop Energy-Efficient Processes with DOE Grants

June 12, 2012June 13, 2012 by Kirsten Korosec

Dow Chemical Co. and General Motors are among several recipients to receive $54 million in Energy Department grants aimed at improving the energy efficiency of advanced manufacturing technologies. The grants, which includes $17 million in private-sector funding, will be awarded to 13 projects throughout the United States. GM will receive $2.7 ... Read more »

ABB Electric Drives Saved $34bn for US Customers in 2011

June 12, 2012June 12, 2012 by Kirsten Korosec

ABB’s installed base of electric drives saved about 310 million MWh of electricity in 2011, a 19 percent increase from the previous year, according to the power and automation giant’s annual savings estimate. Industrial electric motors, which are used to pump water, run fans and air conditioning as well as ... Read more »

RGGI Prices Remain Flat, 57% of Allowances Sold

June 11, 2012June 11, 2012 by Kirsten Korosec

The Regional Greenhouse Gas Initiative, a carbon credit market of Northeastern and Mid-Atlantic states, sold 57 percent of its more than 36.4 million allowances offered for sale at its 16th quarterly auction in June. The clearing price of $1.93 matched the previous auction in March and was up slightly from the $1.89 ... Read more »

CWP to Build 100-Ton Food Waste-to-Fuel Center

June 11, 2012January 28, 2019 by Kirsten Korosec

Clean World Partners and Atlas Disposal Industries have started construction on a commercial-scale organic waste recycling capable of converting 25 tons of food waste per day into renewable gas. The first phase of the facility at the South Area Transfer Station in Sacramento, Calif., is expected to be completed this summer. ... Read more »

IBM Tech to Help NYC Track, Analyze Solar Energy

June 8, 2012June 8, 2012 by Kirsten Korosec

IBM has partnered with CUNY Ventures, a City University of New York Economic Development Corporation entity, to develop an intelligent operations platform that will help the city analyze and understand key market indicators that can make solar system development more cost competitive. IBM will use its Intelligent Operations Center for ... Read more »

Marks & Spencer Operations Certified Carbon Neutral

June 8, 2012June 8, 2012 by Kirsten Korosec

All Marks & Spencer-operated stores, offices, warehouse and delivery fleets in the UK have been certified as carbon neutral, a goal reached by significantly cutting emissions and purchasing carbon offsets. M&S greenhouse gas emissions are down 22 percent or 158,000 tons of carbon dioxide equivalent since 2007, despite the company ... Read more »

NextLife’s Recycled Resins Cleared for Use with Food

June 7, 2012June 8, 2012 by Kirsten Korosec

NextLife’s post-consumer recycled resins have been approved by Health Canada to be used in the manufacture of plastics products that come in contact with food. NextLife’s recycled polypropylene (PP) and recycled polystyrene (PS) resins can be used in thermoformed or injection-molded articles made for food products. This is the first ... Read more »

Empire State Building Upgrade Saves $2.4M in First Year

June 7, 2012June 6, 2012 by Kirsten Korosec

A major upgrade of the Empire State Building has saved $2.4 million in the first full year since the bulk of the work was completed, exceeding efficiency guarantees by 5 percent, the project’s partners said. Contractor Johnson Controls has guaranteed through a $20 million performance contract the project will reduce ... Read more »

Coal-Generated Electricity Falls to 39-Year Low

June 7, 2012June 6, 2012 by Kirsten Korosec

The share of electricity generated from coal-fired power plants dropped to 34 percent in March, the lowest level in at least 39 years, the US Energy Information Administration said. Coal generation decreased 29 billion kilowatt hours from March 2011 to March 2012, while natural generation increased 27 billion kilowatt hours ... Read more »

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