Showing posts with label Cleantech. Show all posts
Showing posts with label Cleantech. Show all posts

12 June 2008

Waste-to-Energy a Winner for India

Rice Husks to Provide Reliable Village Power

picture of winners from UT siteHusk Power Systems, which delivers clean technology to Indian villages, won the Social Innovation Competition at the University of Texas and its $50,000 prize. India Abroad reported that the entrepreneurial team of Manoj Sinha and Charles 'Chip' Ransler, from the University of Virginia's Darden School of Business, were judged to have the most compelling new idea to change the world.

The prize is awarded by The University of Texas's RGK Center for Philanthropy and Community Service of the Lyndon B. Johnson School of Public Affairs.

Husk Power Systems has created proprietary technology that cost-effectively converts rice husks into electricity. It has developed and installed 35-100kW "mini power plants" in villages of 200-500 households within the Indian "Rice Belt" and offers electricity as a pay-for-use service. HPS has successfully implemented its service in two villages in Bihar, India and will expand its footprint by 20 villages in 2008, 100 in 2009, and 2500 by 2013. The company plans to offset close to 200 tons of carbon emissions per village, per year in India. The sale of these carbon credits makes the project financially feasible.

08 June 2008

Costs of Future Carbon Reductions Estimated by IEA

We Can Cut CO2 Emissions In Half, But It Won't Be Cheap

graph from IEA reportA new report from the International Energy Agency provides some estimates of the cost of reducing global CO2 emissions 50% by 2050. Their scenarios depend on implementing new technologies such as carbon capture and storage, and involve cost of tens of trillions of dollars. Information about the report is here. The executive summary is here(pdf).

Maintaining Our Current Course Might Cost Just As Much

The IEA's "business as usual" scenario sees oil demand increasing 70%, requiring increased production equal to five times Saudi Arabia's current output. Obviously this would require huge investment, plus imposing much higher oil prices on future consumers. And under this scenario CO2 emissions would rise 130%. Who knows how much would have to be spent on climate change mitigation projects?

So we are going to invest many trillions either way. It is a question of what sort of planet we will have in the end.

(Environmental Leader article)