A report released June 3 by the United Nations Environment Programme (UNEP) Sustainable Energy Finance Initiative states that $117 billion was invested in renewable energy projects, including geothermal, wind, solar and biofuels, in 2008. This is a five percent increase since 2007, mostly attributable to emerging economies such as China and Brazil.
Arizona Public Service (APS) and Starwood Energy Group Global LLC have announced plans to construct a new solar plant west of Phoenix that will be one of the largest in the world and will produce enough electricity to power more than 73,000 homes.
The U.S. pavement industry is slowly starting down a more environmentally friendly road — and quite literally. Several companies have begun to switch over to green asphalt production in order to keep our country cooler. The newly adopted process keeps emissions down, though it is not as new an idea as many may think. And no, it’s not actually green, either.
On May 5, President Barack Obama announced the formation of an interagency group to manage policies for developing and distributing next-generation biofuels, increase flexible fuel vehicle use and support retail marketing efforts.
