The demand for coal-powered electricity generation continued to grow, especially in Asia, during the 2009 global recession. Over 1 gigawatt of coal-powered electricity generation was added in China per week. With no signs of slowing, what can be done to change this pattern? One idea being discussed with friends is the creation of an America-China Energy Trust to help build a new green energy economy in China.
The Silicon Valley Leadership Group and Stanford’s Precourt Energy Efficiency Center held their annual Energy Summit this past Friday. If I had to characterize the overall sentiment of the Summit, I would say the themes that emerged were: clean energy investment and action are urgently needed; political gridlock is an impediment; and Silicon Valley runs the risk of losing its edge in terms of technological leadership.