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The Morning Feedstock

Daniel Englander: May 27, 2008, 11:24 PM
Rep. Ed Markey (D-MA) will unveil sweeping climate change legislation in the House of Representatives today. The legislation aims to cut greenhouse gas emissions by 85 percent between 2012 and 2050, led principally by an aggressive cap-and-trade scheme. Under Markey's plan business would be eligible to buy emissions permits up their alloted level through a government auction. This differs from early European schemes, other cap-and-trade legislation wending its way through Congress, and the proposal offered by Republican presidential candidate John McCain, all of which are based on free distribution of emissions credits. The credit auctions, according to Markey's estimates, would raise...

Signet Solar, or how the chip industry will colonize the solar business

Michael Kanellos: May 27, 2008, 8:47 AM

Back in 2006, semiconductor equipment giant Applied Materials unfurled a strategy that the company said would reduce the time and cost of putting up solar panel factories.

The world is now seeing the results of that. Signet Solar announced last week that it erected a thin film solar facility in Dresden, Germany: it took about ten months to complete. Construction of the 200,000 square foot production facility took about seven months and the installation of equipment took less than three months. The factory is based around an integrated manufacturing process from Applied. In a sense, it's like buying a solar factory in a box. 

The plant is a generation 8.5 plant, meaning that it...

A new way to get rid of those scenic oil field flares

Michael Kanellos: May 27, 2008, 5:00 AM
Everyone seems to be looking at ways to exploit stranded methane these days. Pacific Gas & Electic and Microgy are in separate experiments extracting methane, or natural gas, from cow manure in large-scale digesters. Large waste companies are capturing the gas generated by rotting garbage at the dump and transporting it.Flame on! And now the Pacific Northwest National Labs has completed the first part of a project that could allow refiners to capture methane that gets expelled in oil fields. Right now, the methane that bubbles up from underground oil wells gets flared off. It looks cool in pictures: nothing gives that end-of-the-world ambience like a smoky oil flare. But burning methane...

The Morning Feedstock

Daniel Englander: May 27, 2008, 1:16 AM
Peter O'Neill, great grandson of John D. Rockefeller, will have his Gordon Gekko moment tomorrow as he prepares to push through a series of resolutions at the annual ExxonMobil stockholders meeting in Dallas. The resolutions are aimed at moving ExxonMobil off its petroleum-based strategy, getting the company to study the impact of climate change on developing countries, reducing its own emissions, and spending on more on research and development of renewable energy. None of these resolutions are expected to pass. However, a fourth proposal, which has the support of a number of large institutional investors, aims to split the office of chairman and CEO - both seats are currently...