The global economic crisis and rapidly dropping oil prices are spelling trouble for the alternative energy sector.
"As far as investors are concerned, the sun has set on solar power, one of the hottest growth industries of the past decade.
Solar energy isn't alone in its woes. Wind, biomass, biofuel and other 'clean-tech' companies are getting pasted too as the financial crisis sends investors fleeing from technology names, dries up credit and freezes the IPO market. The moribund equity markets are especially bad news for the green-energy players, who depend on a steady stream of equity from growth-obsessed investors to keep moving.
The price collapse has been so brutal that industry and corporate finance executives predict a shake-out as some of the weaker clean-tech companies burn through precious cash."
FULL STORY: Has the sun set on clean tech?
London Underground 'Waste Heat' to Warm City Homes
Part of a plan to move United Kingdom to renewable energy involves using heat from the London Underground to heat homes.
Global Call for Ideas Reveals Promising Resilience Solutions
Superstorm Sandy spurred the New York City Economic Development Corporation to form the RISE:NYC program, a global competition for innovative solutions to post-disaster resiliency. Arup's Sarah Wesseler spoke with them to learn more.
Friday Funny: Alternative Energy Will Enable Americans to Waste More Energy
A fake news report from the fake news site The Onion lampoons the American culture of excess and its disregard for environmental consequences.
San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
Has President Trump Met His Match?
Doug Ford, the no-nonsense premier of Canada's most populous province, Ontario, is taking on Trump where it hurts — making American energy more expensive.
Study: London ULEZ Rapidly Cleaning up Air Pollution
Expanding the city’s ultra low-emission zone has resulted in dramatic drops in particle emissions in inner and outer London.
San Jose Mayor Takes Dual Approach to Unsheltered Homeless Population
In a commentary published in The Mercury News, Mayor Matt Mahan describes a shelter and law enforcement approach to ending targeted homeless encampments within Northern California's largest city.
Atlanta Changes Beltline Rail Plan
City officials say they are committed to building rail connections, but are nixing a prior plan to extend the streetcar network.
Are Black Mayors Being Pushed Out of Office?
The mayors of New York, St. Louis, and Pittsburgh all stand to lose their seats in the coming weeks. They also all happen to be Black.
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