In his blockbuster best seller of 2008, “Hot, Flat, and Crowded” Tom Friedman describes “the astonishing expansion of the world’s middle class through globalization” which challenges our planet’s capacity to provide for the basic elements of food, air and water.  Simply, the rest of the world wants what we have and they want it now. 

Less walking:

China is now the number one car market in the world.  First time buyers account for 70% of purchases in China.  On the other hand, the auto fleet in the United States is shrinking. For the first time since World War II, more used cars were scrapped than new cars sold in 2009. 

More talking:

The number of mobile phone subscriptions worldwide is projected to reach 5 billion this year.  Ten years ago only 10% of Russians had a cell phone.  Today there are more Russian cell phone accounts than there are Russians.

Looking and feeling marvelous:

In five years toothpaste consumption in India has increased by over 40%.  Cosmetics maker Avon Products saw Latin American sales rise 29 percent while North American sales fell 7 percent during the most recent quarter.  South Korea is the leading consumer of Spam outside to the United States.  Over 40 percent of the Spam sold in South Korea is in the form of gifts and it is the only country in the world that sells Spam in boxed gift sets.

OK.  The Spam item is silly, but the point is that there are significant changes in global consumption which are happening at an alarming rate.  The politicized arguments about global warming have become distractions to the indisputable fact that a larger global population is consuming at an ever expanding rate.  On this we all agree.  The solutions which address this all consuming consumption are the same as those put forth to address global warming.  Let us focus on those truths we all support and acknowledge that this planet is not too big to be permanently ruined by man.

On Wednesday the second CleanTECH San Diego Showcase event: WIND POWER – Leading the Renewables Revival was held at the Marriott in La Jolla.  After the active networking session the 240 attendees heard Jim McDermott, Managing Partner of US Renewables Group, give the opening presentation followed by a panel discussion with Dr. Jim Walker, Vice Chairman, Board of enXco, Ian Gardner, CEO of Helix Wind, James Sahagian, VP for commercial development with Sempra Generation and Steven DeWolf, principal of Wind Tex Energy LP.

McDermott noted that wind power represents about 75% of the renewable energy produced in the United States.  Currently wind is a close second to natural gas for newly installed production capacity.  Like all projects which are capital intensive, wind power construction suffered with the collapse of credit markets.  Some deals are now being done, but on more conservative terms.  Key hurdles continue to be the on-again, off-again government support in the form of tax credits and loans as well as the onerous delays caused by environmentalists. 

Intermittency is the renewable energy term to describe the uneven production of power by both wind and solar.  Dr. Walker stated that as wind power becomes a larger portion of total energy production it should be considered part of the base load with natural gas as the go-to energy to fill in the gaps.  He noted that the bulk of wind energy production (more…)

Critical to the success of any regional technology cluster is the presence of an engaged legal community.  The rapidly expanding roster of clean technology companies in San Diego has the benefit of a strong base of intellectual property legal talent which has served our life science and high tech hubs for more than a generation.  Like every other aspect of local technology advancement, our institutions of higher education have provided intellectual stimulus.  Recently the University of San Diego School of Law began publication of the San Diego Journal of Climate & Energy Law.  This is the first academic law journal in the United States dedicated to addressing the challenges surrounding both climate-change and energy law issues.  Volume 1 includes eleven articles in 344 pages.  Click here for the table of contents. 

 The University of San Diego’s Second Annual Climate & Energy Law Symposium will be held on April 9, 2010.  The program will explore various regulatory approaches being proposed and adopted to reduce greenhouse gas emissions.  Click here for the agenda and more information.  The symposium is co-sponsored by the Energy Policy Initiatives Center (EPIC) and the San Diego Journal of Climate and Energy Law.

From the iconic Italian novel, The Leopard, comes the insight, “If we want things to stay as they are, things will have to change.”  If innovation is to remain the fuel for the economic engine of the United States then the process of innovation will have to change.  Duane Roth, CEO of CONNECT, supports a new paradigm for innovation which emphasizes a “distributed partnering model” with a focus on advancing products rather than companies.  This parsed approach would concentrate talent, capital and intellectual property in a manner which would potentially have greater efficiency and less risk, and therefore be easier to finance.  The old model of huge, fully integrated companies would be replaced by entities distinctly concentrated in the product functions of discovery, definition, development and delivery.  Coincidentally, San Diego has scores of companies which would be very happy to see this innovative approach to innovation blossom. 

Recently Roth contributed an Insight & Opinion article for the Xconomist Forum.  Click here to read Addressing the Innovation “Valley of Death:” It’s the Products, Stupid!

 You can also check out the paper authored by Roth and Pedro Cuatrecasas of UCSD presented by the Kauffman Foundation. 

 The press release from the Kauffman foundation is here.

By GUEST AUTHOR Lee Barken, IT practice leader at Haskell & White, LLP

With southern California in the midst of thunderstorms and tornado warnings, attendees at the 6th Annual Clean-tech Investor Summit listened intently to conference chair Ira Ehrenpreis remind the audience that “we choose Palm Springs as the conference location for the past 6 years because of the wonderful weather here.” 

Despite the cancellation of 3 speakers due to weather related travel problems, the January 19-21 summit convened over 400 industry professionals to reflect on 2009, opine on 2010 and network with piers.

Networking, as it turns out, was a major attraction for attendees.  As one Private Equity managing partner said to me: “I’m here to meet up with colleagues and see old friends.”  Another popular theme, as shared by one clean tech company exec I met: “We’re here to look for funding.”

Flipping through the conference attendee list (provided to all participants) reveals an eclectic mix with concentrations in two communities: Capital Providers (Venture Capital, Private Equity) and (more…)

By GUEST AUTHOR Lee Barken, IT practice leader at Haskell & White, LLP

While President Obama drew 48 million viewers for his State of the Union address, another noteworthy – albeit quieter – presentation was being made across town at the Securities and Exchange Commission (SEC).  The SEC, not particularly known for its marketing prowess, used the same day that Obama took the podium to announce that the SEC commissioners had voted to approve the release of interpretive guidance on financial disclosures related to climate change.  

In what might be characterized as the pin drop heard around the world, the SEC highlighted four areas where climate related disclosures may be required:

• Impact of Legislation and Regulation
• Impact of International Accords
• Indirect Consequences of Regulation or Business Trends
• Physical Impacts of Climate Change 

Science and Environment Commission?

 SEC Chair Mary Shapiro was quick to point out that the interpretive guidance is not an official position on climate change.  “We are not opining on whether the world’s climate is changing, (more…)