29 October 2007

Global Climate Change: Stuebi on New Scientist Climate Policy Poll

Polls can be meaningless. Sometimes its the sampling. Sometimes its untrustworthy respondents. Often, it's the interpreters who run roughshod over the results. It's easy to make a poll say what you want it to say: just ask the questions in a way that will give you the answers you want.

I'm skeptical about polls.

So is Richard T. Stuebi, the BP Fellow for Energy and Environmental Advancement at The Cleveland Foundation, and Founder and President of NextWave Energy, Inc:

"It seems to me that poll respondents give themselves far too much credit for being well-informed or magnanimous, relative to what they actually know or what will they will do when making real decisions that really affect them," Stuebi writes over at the CleanTech blog:

However, this past summer, a poll conducted and reported by New Scientist magazine did seem to shed some useful insights that policy-makers ought to consider. The reported highlights of the survey were that there was substantial public support in the U.S. for carbon limitations, that the public preferred outright standards to cap-and-trade or (egads!) carbon taxes, and that the desired focus of carbon reductions should be on the electric power sector than on vehicles (don't tread on SUV!).

In my view, the most illuminating finding was the weakness of support for carbon imitations if they induced any significant economic pain. In other words, respondents were fine with climate legislation -- as long as it really didn't cost much. On the other hand, when asked if they would support carbon emission requirements that would increase energy prices significantly -- which is likely to be the case to achieve the magnitudes of emission reductions that are widely viewed necessary to have meaningful impact in protecting the planet -- support evaporated.

But, Stuebi confesses, "This is one of the few instances where I actually believe what the poll results say, without any bias." The finding that changed his mind, Stuebi says, is "that -- to avoid catastrophic climate change during the balance of this century -- either we need to quickly develop a zero/low baseload carbon energy source that costs essentially no more than conventional coal generation, or that we quickly need to substantially increase U.S. political will and courage to endure economic sacrifice."

Stuebi's conclusion? "Either will be tremendously challenging. Failing on both counts could doom the planet."

Access the poll here: New Scientist

25 October 2007

Social Entreprenuers, Microfinance & Security: Mitigating and Adapting to Climate Change

Good workshop today hosted by UC Irvine's Center for Unconventional Security Affairs on the subject of how social entrepreneurs and microfinance can help address climate change mitigation and adaptation.

Much of our conversation focused on whether microfinance is a viable solution for alleviating poverty, especially among the poorest of the poor. Microcredit started out as a mission-focused option for providing credit to those who do not have access to traditional institutions. But it has matured and evolved to a point where commercial interests are moving into microfinance.

There are many questions surrounding this entry of big finance, including Citicorp, into this space. Chief among them: what happens to the "real bottom" of the pyramid if commercial interests are appealing to those already up a couple of rungs on the ladder out of poverty?

We seemed to arrive at consensus around the need for donor money -- with its greater tolerance for risk -- to back fill at the bottom.

Anne Hammill, of IISD, presented some of her excellent work on climate change adaptation issues, which led to a discussion about appropriate responses for microfinance and social entrepreneurism.

Where are the clear "no regrets" needs for such interventions? How can investments be directed to the best adaptation strategies and most promising mitigation applications?

How to address the perpetual concerns about the need for increased, longer term capital for social entrepreneurs who are acting in this arena?

A few thoughts emerged:

1.) clearly identify the opportunities for enhancing adaptation and mitigating the known impacts of climate change;
2.) identify the most promising social entrepreneurs working on agriculture/food security, water, and alternative, distributed energy;
3.) stratify the financing products and asset classes associated and develop new products and mechanisms;
4.) integrate environmental concerns into MFI offerings much the way HIV concerns have been integrated, rather than creating yet another layer of complexity to due diligence by loan officers.

Anne Hammill and Richard Matthew, director of the Center for Unconventional Security Affairs, will be compiling recommendations about social entrepreneurs and microfinance to bring to the climate change adaptation community at December's Climate Change meeting in Bali.

David Bornstein, author of How to Change the World and The Price of a Dream, gave an inspiring talk in accepting the Center's 2007 Human Security Award. The talk was videotaped; I'm hoping it will be posted on the Center's web site in the near future.

23 October 2007

Philanthropy & Environmental Change: Should Social Capital Markets Take Over?

I'm taking up a friendly challenge here.

Lucy Bernholz, who writes the excellent blog Philanthropy 2173, and I started a blogalog (Did I just coin that term?) between our blogs about the state of philanthropy and environmental change.

It began in response to Lucy's listing of green blogs in the wake of Blog Action Day last Monday, and her noting the lack of discussion of philanthropy on the sites listed (including mine).

My defense stemmed from a concern about philanthropy and its effectiveness as an agent of change in the environmental sphere, which actually was the origin of this blog. I have grown increasingly concerned about the ability of traditional philanthropy to effect lasting change at a pace commensurate with the global challenges we face.

I expressed this concern in my essay for GreenBiz, "Confessions of a Green Skeptic," several years ago about the Earth Charter.

Back then (March 2003), I wrote, "we need to demonstrate how profitable being green can be, and how essential it is to a truly global sustainability. If we can turn the greed motivation to green motivation, effectively turning it on itself, does the means justify the end? Hard to say. But if greed isn't going away anytime soon, we are left with trying to redirect the motivation any way we can. Guilt has worked, but only gets us so far. 'Envy trumps guilt' every time."

This sentiment was influenced by Thomas Friedman's thoughts on the subject expressed in The Lexus and the Olive Tree, that "if conservationists are going to get ahead of the greedy we need to move faster. 'For now, the only way to run as fast as the herd is by riding the herd itself and trying to redirect it,' Friedman writes. 'We need to demonstrate to the herd that being green, being global, and being greedy can go hand in hand.'"

And it was echoed by Gretchen Daily and Katherine Ellison in their book, The New Economy of Nature, from which I quoted, "the record clearly shows that conservation can't succeed by charity alone. It has a fighting chance, however, with well-designed appeals to self-interest."

Things have changed quite a bit since I wrote that essay -- the world has gotten flatter, green has become the new black, Al Gore won an Academy Award and a Nobel Prize for his work on climate change, and the herd has started to move to greener pastures.

But a lot hasn't changed. In Philanthropy, as Susan Raymond points out in a two-part piece called "Does Philanthropy Scale?," the "vast majority of American nonprofits are small; 60 percent or more...have less than $100,000 in annual revenue." And, Raymond notes, "the average foundation grant to nonprofits is on the order of $25,000."

Raymond also points out that "the number of nonprofits with $10 million or more in revenue has increased by 73 percent in the last decade," and asks, "when $25,000 is the average grant, is philanthropy the answer to organizational growth? Indeed, is it even relevant as a source of capital?"

I'm going to quote one more thing from Raymond's essay: "The evolution of microfinance teaches that, when what had been a philanthropic initiative matures and proves its worth, alternative capital sources step in and redefine the opportunity. Is achieving scale, then, the clue for philanthropy to either evolve or exit? And, if so, do we need to rethink what we mean by 'philanthropy' for large organizations or proven initiatives in social markets?"

I quote Raymond's piece at length because it corroborates some of my own thinking on this subject. She rightly points out that the biggest advantage of philanthropic capital is its "ability to take significant risk, to seed a promising idea and recognize that all promising ideas can be failures."

So risk tolerance or tolerance for failure, playing on the field of ideas and at at the edge of problems "where the probabilities of success are unknown, is the key playing field for philanthropy."

For many ideas, perhaps chief among them those addressing environmental issues, it may be time for other types of capital to be brought to bear. I'm particularly interested in what Raymond describes as "a multiplicity of approaches to organizational finance in the nonprofit sector...for self-reliance, sustainability, and (yes) profit" to come to the stage.

This is not far from what Lucy refers to as "tri-sector solutions," such as the B Corporation she has described or the bond purchase strategy Raymond describes in her piece. (In the latter, Raymond explains, "'Donors' took on the role of guarantor rather than funder, and the resources flowed at levels that donations would never have been able to sustain.")

Elsewhere in the web pages of onPhilanthropy, John Bloom of RSF Social Finance, posits that "social finance holds that the purpose of money and finance is to support human initiative and to foster the evolution of new community."

And, Bloom suggests, social finance recognizes "the human and environmental consequences of economic activities...[and] presents a picture of a healthier sustainable future -- and one that leaves behind the industrialist model of philanthropy..."

I will continue this dialogue here on The Green Skeptic, because I think it is an important one, and part of an ongoing, evolving thought process for me that started over four years ago and which led to this blog. Thanks to Lucy for calling me out about it and fostering this dialogue.

22 October 2007

Clean Tech: Nanosolar Cells, or What the...?


A friend of mine invoked Warren Buffett in a comment on an earlier post about nanotechnology on this blog some time ago, and I'm straying out of my Warren Buffett territory with this one. In other words, I don't really understand this stuff enough to invest in it, but it's cool.

Now a new paper begins to explain nanotechnology's potential applications in the solar arena:

Researchers at Harvard University have made solar cells that are a small fraction of the width of a human hair. The cells, each made from a single nanowire just 300 nanometers wide, could be useful for powering tiny sensors or robots for environmental monitoring or military applications. What's more, the basic design of the solar cells could be useful in large-scale power production, potentially lowering the cost of generating electricity from the sun.

Each of the new solar cells is a nanowire with a core of crystalline silicon and several concentric layers of silicon with different electronic properties. These layers perform the same functions that the semiconductor layers in conventional solar cells do, absorbing light and capturing electrons to create electricity.

To make the cells, Charles Lieber, a professor of chemistry at Harvard University, modified methods he'd previously used to make nanowires that could serve as sensors or transistors. He then demonstrated that his solar cells can power two of his earlier nanowire devices, a pH sensor and a set of transistors.

"This paper provides the very first example of using a single silicon nanowire for harvesting solar energy," says Zhong Lin Wang, professor of materials science and engineering at Georgia Tech. He calls Lieber's work "breakthrough research in the field of nanotechnology."

This is wild stuff. And something to watch, even if we don't yet understand it.

See the story in Technology Review

Here's a link to Lieber's Paper

Photo credit: Charles Lieber, Harvard University, "a cross section of silicon nanowire that converts light into electricity. The image has been colored to highlight the functional layers of the device. Each layer is made of silicon modified with another material that gives it distinct electronic properties."

19 October 2007

Clean Tech: Wind Some, Lose Some


Why do people hate wind farms?

Sure they are huge; the turbines have a large footprint, and may even chop up a few birds. But they also generate a heck of a lot of power, and are comparatively free from negative environmental impacts.

From a design perspective the sleek white towers and aerodynamic blades seem, well, elegant and forward-looking.

It's clear that opinions about wind farms, however, blow whichever way the wind does.

When I was visiting some friends in northern New York late in the summer, I learned about objections to the St. Lawrence Windpower project, a project of ACCIONA SA (Other OTC:ACXIF.PK). Even my friends don't want it and speculated about graft and insider deals going on behind the scenes. (I couldn't corroborate any of the latter.)

The project is supported by many small, family farmers in the area as a source of additional income. Objections stem from many weekenders and locals who claim the farms will spoil their viewsheds, interfere with migratory bird patterns, create excessive ambient sound -- there are even some outrageous claims that wind turbines cause cancer or sterility.

Who's right? It's hard to say.

There seems to be little evidence that birds are victims of wind turbines and, as for the other claims, the jury is out on whether turbines or transformers can lead to physical ailments beyond certain setbacks.

But the debate keeps getting more charged.

This week, two developments speak to the complicated business of wind farms. And, for those of us who want the US economy to fully embrace alternatives, it's a one-two punch between China and our own backyard(s).

On the one hand, China National Offshore Oil Corporation (CNOOC) announced plans to venture into renewable energy with the first off-shore wind farm in China. The project will be situated 37 miles from shore, in the Bohai Bay, home of a significant part of the company's oil production, according to CNOOC president Fu Chengyu.

It's a welcome move by CNOOC (NYSE:CEO), which needs to diversify beyond oil, something also much needed in a country where cleaner growth is a top priority of its leaders. And there will likely be more of a push for such clean tech moves in China in the wake of the pending environmental embarrassment of the 2008 Beijing Olympics.

Why offshore? Offshore wind generation is more expensive, but has greater capacity. On land, siting is critical; you need enough open space, unobstructed wind patterns, and minimal interference by the natural or built environments. On the open water, it is easier to capture sustained, higher wind speeds; there less surface resistance, especially in deep water.

But on sea as on land, it turns out, you still get a "Not In My Back Yard" (NIMBY) reaction.

This week in Massachusetts, the Cape Cod Commission denied Cape Wind's application to bury electric cables in Nantucket Sound. The company needs to lay the cables on the Sound floor to connect its proposed 420-megawatt offshore wind farm to the state power grid.

Cape Wind plans to challenge the Commission's decision; the Commission said it did not have enough information to make a decision. The proposed wind farm will consist of 130 GE 3.6 megawatt wind turbines, capable of supplying most of the electricity needed in Cape Cod, Martha's Vineyard, and Nantucket combined.

So what's holding it up? Although the farm will be located more than 5 miles away from the Cape Cod coast, the turbines will stand -- from blade tip to water's surface approximately 440 feet -- and the transmission lines connecting the project to the grid crosses land controlled by state and local authorities.

Among those who object to the project: Senator Ted Kennedy, who along with other residents, claims he will see the wind farm from his coastal complex. Some extreme environmental groups also object to the project, on the grounds that migratory bird and sea life patterns may be disrupted.

Supporters, among them even some green groups, posit that the benefits outweigh the losses, among them renewable energy, improved air quality, lower electricity bills, and added security and reliability for the Northeast power grid. And even Audubon has discounted the impact on birds.

A recent global wind mapping project may help guide where to site wind farms for maximum return in the future. But what happens when a Nantucket Sound or the St. Lawrence Seaway makes the top of the list?

That question is a complicated one, and it often involves some big, influential neighbors.

But the larger question is do we want to invest in alternative energy or do we want to continue to rely on foreign oil, domestic coal, and other polluting sources?

With oil flirting with $90, it seems imperative to put our objections to rest and start turning ill-winds into gains.

17 October 2007

Clean Tech: Space, The Solar Frontier?


One of our favorite clean tech writers, Tyler Hamilton of the Toronto Star has an intriguing post about the space race for solar energy development. No, this isn't about creating a new "man on the moon" mission to catalyze investment. This, deployment of solar receptors and technologies into space. Maybe getting closer to the source generates more energy?

His Clean Break column this week talks about how a U.S. government agency is promoting the idea of space-based solar technology and putting up some serious money.

The National Security Space Office, a part of the U.S. Department of Defense, posits that energy is a security issue and that such concerns, along with the need for addressing climate change through advancements in technology, calls for a massive government investment in space-based solar power systems.

NSSO proposes a 10-megawatt pilot, which could, Tyler says, "spur private investment in commercial ventures, much like early government investment in the Internet and GPS eventually transformed the way we do business."

Perhaps space is the final frontier for solar. We can hear Scotty calling out to Kirk, "I canna get no power Captain." To which Kirk replies, "Move a little closer to the sun, Scotty."

Read his blog piece: Tyler in Space

Or the full article: Tyler in Toronto Star