When in 2005 the federal Production Tax Credits (PTC) for companies producing renewable power was restored, it sent a message far and wide that the renewable energy industry was worth entering, with the pledge of success, energy effectiveness, and social/environmental “great karma” all in one tidy bundle. The following are a few of the latest ways we’ve seen this cumulative venture into renewable energies take shape.
Businesses are offered tax credits for altering over their sources of electrical power to certain renewable resources, progressively increasing the need for workers in every location of the industry– from research and development to manufacturing to circulation to installation, service and support.
Increasingly more states are taking the federal government’s lead and implementing their own public reward programs and advantage funds to motivate greater renewable energy use, with the exact same outcome.
According to a report released by the National Renewable Energy Laboratory, in the 5 years between 2001 and 2006 the voluntary demand for renewable resources increased a thousand-fold. The bottom line is as clear as sunshine – the renewable resource market produces jobs.
General Electric, Whole Foods Market, Safeway, Starbucks, General Motors, Kinko’s, FedEx– these are but some of the world-leading business that have made and continue to make an active and aggressive switch to renewable energies.
In the case of lots of business, this comes in the kind of purchasing renewable energy credits to supplant their local utility use. In other cases, the ventures into renewable power run much deeper, producing their own biofuels, setting up their own wind farms, and buying research and development into enhanced renewable energy technologies.
The Pentagon has ordered all branches of the U.S. military to suppress energy use by 2% at all bases and facilities through pursuit of alternative source of power, including wind and solar powers.
President Bush’s cattle ranch, the Crawford Ranch, is geared up with all the current and biggest in renewable resource resources and runs completely off the grid.
The Australian government has a mentioned objective of increasing the proportion of its overall electrical energy production that comes from renewable energy sources by 78% by the year 2010. The United Kingdom’s objectives are a bit more modest however praiseworthy nevertheless, shooting for 10% from only 3.6%, also by the year 2010.
A developer by the name of Todd Livingstone has a patent presently pending on a technology to harness the power packed into lightning bolt, estimated at 11 gigawatts each. A Canadian engineer thinks that his Atmospheric Vortex Engine is the way to tame a funnel cloud (likewise known as a twister). The “Manchester Bobber” is a patented brand-new device for harnessing the power of the up and down motion of waves.
Drifting Wind Systems
Harnessing the power of distinctions in atmospheric pressure in between geographically distant cities. Semi-transparent photovoltaic glass used as windows in office complex.
MIT’s self-described “Manhattan Project” for new, renewable sources of power. Installing gadgets in highway off-ramps that harness the power of automobiles braking. Create biomass energy from trees downed in cyclones.
And if we look further down the horizon, what else can we see? Maybe the next big thing will be Focus Fusion, an innovation for producing new zero-emission power plants the size of filling station.
Maybe it’ll be Black light Power, a technology that utilizes power from particles called “hydrinos” which are even smaller than atoms of hydrogen. Or possibly it’ll be electromagnetic energy.
Whatever renewable resource trends we have in store for us next, there is one thing we can all count on: as the demand for these kinds of eco-friendly source of power continues its consistent rise, funding for research and development into new and better ways of utilizing renewable resource will likewise increase, resulting in more efficient and budget-friendly energy alternatives for all of us.