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Pew Finds Clean Energy Economy Generates Significant Job Growth

The number of jobs in America’s emerging clean energy economy grew nearly two and a half times faster than overall jobs between 1998 and 2007, according to a report released today by The Pew Charitable Trusts. Pew developed a clear, data-driven definition of the clean energy economy and conducted the first-ever hard count across all 50 states of the actual jobs, companies and venture capital investments that supply the growing market demand for environmentally friendly products and services.

 

Source: Pew

 

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Oregon Wastewater Treatment Plant First in the U.S. to Recycle Nutrients into Commercial Fertilizer

Wednesday June, 10 is the opening of the first commercial facility in the United States to incorporate new technology that recovers phosphorus and other nutrients from wastewater and recycles them into environmentally-safe premium-quality commercial fertilizer. It’s a public/private partnership jointly owned and operated by Clean Water Services, a water resource management utility serving more than 500,000 customers in urban Washington County west of Portland, and Ostara Nutrient Recovery Technologies Inc. of Vancouver, British Columbia.

 

Source: Clean Water Services, Ostara Nutrient Recovery Technologies Inc.

 

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Oil and Gas Industry's Costs of Doing Business Slide

The oil and gas industry’s costs of doing business are falling amid a pullback in activity and the global recession, according to a pair of indexes kept by IHS/Cambridge Energy Research Associates released Friday.

 

However, the decline in costs is much slower than crude’s swift fall from last year’s unprecedented three-digit highs.

 

Source: Houston Chronicle

 

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Flowserve, Dresser-Rand Dominate Oil & Gas Niches

There are many companies involved in all aspects of the oil/gas industries but very few gain a significant market dominance. Some achieve this by acquisitions of various significant companies. Referring back to the last oil/gas industry perspective re: automation companies, an example of such acquisition is Emerson Process Control acquiring Rosemount instrumentation which has extensive, and in some cases, an exclusive market within the industry.

 

Source: Seeking Alpha

 

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