renewable electricity standard

Applied Materials

Revived Hope for Renewable Energy Legislation

To all the naysayers who questioned whether energy legislation could pass this year, Senate Majority Leader Harry Reid (D-Nev.) has an answer for them: not so fast. Speaking at the third annual National Clean Energy Summit in Las Vegas on Tuesday, Reid revived hopes that a bill would get through after all, albeit a much smaller one than the House approved last summer, which may even include the resurrection of a national Renewable Electricity Standard (RES).
Applied Materials

Innovating Toward our Next Great Industry

Yesterday, from the White House, Vice President Biden released a new report, “The Recovery Act: Transforming the American Economy through Innovation,” which outlines how the administration’s $100 billion investment in innovation has been, for the most part, money well spent. In his remarks, Biden highlighted four key areas where stimulus money was working: •Modernizing transportation •Jumpstarting the renewable energy sector •Investing in groundbreaking medical research •Building a platform that will enhance the private sector’s
Applied Materials in Dow Jones Op-Ed: America’s Next Great Industry

Applied Materials in Dow Jones Op-Ed: America’s Next Great Industry

Below is the extended version of an Op-Ed by Applied Materials chairman and CEO Mike Splinter which was published in Dow Jones today:In 1960 the semiconductor industry was in its infancy. The first integrated circuits contained just a few transistors and the production costs were about $1,000 per circuit in 1960 dollars.  The only viable applications for this early technology were two programs, the Minuteman missile and the Apollo space program. And these programs bought nearly every circuit produced between 1960 and 1963.The result of this early market creation by these government programs was that the cost per circuit dropped to an astonishing 98 percent to $25 by 1963 -- and an industry was born. This year, the world will produce about a quintillion transistors or one to the 18th power and the semiconductor industry will generate about $300 billion in revenue. As for the cost per transistor – today’s $200 MP3 player produced in 1975 would have cost about $3 billion.
Applied Materials Applauds Kerry-Lieberman Legislation

Applied Materials Applauds Kerry-Lieberman Legislation

On behalf of Applied Materials, we commend Senators Kerry and Lieberman in advancing this key piece of a comprehensive renewable energy and climate package in the U.S. Senate.  Today's effort, when added to other legislative action, brings this country closer to regaining our position as a leader in the global clean energy technology industry.  This industry will create millions of jobs and billions of dollars of economic development in the coming decades and could be a major driver of our economic future.
Applied Materials

Rising to Meet the Energy Challenge

As Americans we don’t shrink from challenges, we embrace them. In the 19th century, we united the nation’s economy with the first transcontinental railroad. In the 20th century, we powered the Southwest with the largest hydroelectric power station in the world. We recognized that these challenges were not merely about laying track or building a dam, but about securing the future of our nation. The question of how we will create, store and use energy is the great challenge of the 21st century. It threatens our economy, our security and our planet.
Sen. Jeff Bingaman (D-NM) Visits Applied Materials

Sen. Jeff Bingaman (D-NM) Visits Applied Materials

On November 12, Senator Jeff Bingaman (D-NM) chairman of the Senate Energy and Natural Resources Committee and a senior member of the Senate Finance Committee, visited Applied’s Santa Clara, California campus to learn more about Applied’s solar activities.