Last updateFri, 22 Jun 2018 2pm


Ted Turner Says Clean Energy Echoes Cable’s Success

Billionaire Ted Turner says clean- energy technology is “the greatest business opportunity that the world has ever seen,” reminding him of cable television back when he founded CNN.

“The more windmills there are, the better, and the more solar panels,” Turner said in an interview. “The field is wide open. This is a startup, like cable TV was 40 years ago.”

Source: Bloomberg

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Powerful Gulf Oil Drilling Lobby Faces Strong Resistance in Florida

Dangling the promise of millions for the state's dwindling budget, a group of mostly unidentified oil and gas companies is bankrolling a last-minute fight to bring offshore drilling to Florida's coastline.

Florida Energy Associates LLC, a corporation formed in December by Daytona Beach lawyer Doug Daniels, has hired at least 20 of the state's most prominent lobbyists to push bills through the Legislature in the final week of the session.

Source: St. Petersburg Times

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McGraw-Hill Reports March Rise In New Construction Starts

New construction starts increased 5 percent in March, seasonally adjusted, McGraw-Hill Construction is reporting, based on its own data compilation. However, for the first quarter of 2009 compared to the same months of 2008, total starts tumbled 40 percent.

Source: Construction Digital

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Juice Squeeze May Short Out Grand Plans for Electrics

President Barack Obama and others are calling for a boom in electric vehicle production, which seems simple enough on the surface: Build the cars and plug them in.

If only it were that easy.

When a Chevrolet Volt is plugged into a 240-volt outlet, it will use about 3.3 kilowatts of power, or about the same amount of power as a dishwasher or air conditioner.

Source: McClatchy/Tribune News

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Southern Co's Miss. IGCC Plant Faces New Challenge

Mississippi's attorney general has questioned the state's authority to approve a $2.2 billion coal-gasification plant that Southern Co. wants to build, throwing the future of the proposed lower-emission power plant into doubt.

Southern's smallest utility unit, Mississippi Power, wants the Mississippi Public Service Commission to certify the need for a 582-megawatt integrated gasification combined-cycle (IGCC) power plant in Kemper County.

Source: Reuters

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