By GUEST AUTHOR Mariana Gerzanych CEO |  350Green

Last week the House and the Senate introduced separate but similar bills in support of Electric Cars.  Both are called “Electric Vehicle Deployment Act of 2010″, both have the same outcome but go about it a bit differently.  They will each allocate about $10 billion to fund charging infrastructure and increase consumer tax credits. 

House Will:
-  Give $800 million to five regions.
-  Increase the Fed tax rebate for EV purchase to $9,500.
-  Give Tax Credits for the purchase and instalation of EV infrastructure up to $50,000.
-  Representatives Edward Markey (D-Mass.), Jerry McNerney (D-Calif.), Judy Biggert (R-Ill.), Anna Eshoo (D-Calif.) introduced the bill.

Senate Will:
- Give $250 million to fifteen cities.
- Increase the Fed Tax Rebate for EVs to $10,000.
- Senators Lamar Alexander (R-Tenn.), Byron Dorgan (D-N.D.) and Jeff Merkley(D-Ore.) presented the bill.
Both bills look at reducing the nation’s dependency on Oil and follow the recommendations set forth by the EV Coalition earlier this year.  The exact language isn’t available yet; the bills are in the markup stage which means they will look completely different from the original documents.  Several large players are weighting pro and con.  The BP spill is rather unfortunately helping to push it along.

Mariana Gerzanych is CEO of 350Green LLC, a Company that will be installing charging station infrastructure for Electric Cars.  350Green is a partner in the eTec $99.8 mill DOE grant award to electrify the EV infrastructure in 5 markets: San Diego, Portland, Seattle, Phoenix/Tucson and Nashville.  You can find Mariana on Twitter @ukr50 and read more of her musings on www.350Green.com/news.

By GUEST AUTHOR Mariana Gerzanych CEO |  350Green

San Diego won a 1 in 30,000 jackpot when it became a city that both GM Volt and Nissan Leaf electric cars will be introduced in this fall.  Nissan dropped the price bomb last month, the war that promises to be fierce has begun.  Leaf ended up at $20,280 MSRP after a $7,500 Federal Tax break and $5,000 CA Rax rebate (or a $349/month lease).  The price astounded many, including competitors like Mitsubishi that immediately responded by dropping the price for their all-electric iMiev by $6,700. 

Even though the Leaf is priced unexpectedly low, Nissan is still making a profit.  The most expensive component of the car is the battery at $12K, which leaves $20K for the car itself.  The Leaf is an all-electric vehicle with a 100 mile range, while GM Volt is a plug-in hybrid: after 40 all-electric miles an internal combustion engine extends the range to 300 miles.   

GM’s price strategy remains a mystery.  It gets interesting because Nissan will have a significant economy of scale advantage since it plans to build 50K Leafs globally in its first year, and ramp up to 200K by 2014.  The price is a function of production volumes.  The demand depends on the price; likewise the price they set depends on the supply (their production volume).  GM is not planning to come even close to these production numbers, and demand for the Volt will by far outstrip the supply for quite a while. 

Most likely the Volt will be priced higher and advertised as a different class of vehicles, since it’s a complex machine with twice as many parts.  Initially consumers will be much more comfortable with a 300 mile range.  As we move forward and the charging infrastructure is put into place, let’s hope that Nissan’s high volume plans do not short circuit the Volt.

Mariana Gerzanych is CEO of 350Green LLC, a Company that will be installing charging station infrastructure for Electric Cars.  350Green is a partner in the eTec $99.8 mill DOE grant award to electrify the EV infrastructure in 5 markets: San Diego, Portland, Seattle, Phoenix/Tucson and Nashville. “It took us all 5 seconds to decide which city to move the headquarters to” and San Diego has extended a warm welcome. You can find Mariana on Twitter @ukr50 and read more of her musings on www.350Green.com/news.

By GUEST AUTHOR Mariana Gerzanych CEO |  350Green

Electricity providers and consumers have had a good marriage since the 1800s, small breakdowns here and there, sometimes scandals, regulation and deregulation but overall it’s been even keeled. That is until consumers decided they want more, demanding more electricity for their new toys: Electric Cars. Utilities ignored the whim for a decade but are starting to take notice. A study of EV impact on the grid done by ISO/RTO (ummm Power Companies) shows a positive outlook of what’s to come.

The report is unprintable 120 pages, here is the gist of it:

    * Spread out EV charging would reduce the impact on electric load

    * Power companies will need new tools to manage the demand from EVs

EVs will follow Prius sales, clustering by geographical areas, mainly North East and West coasts. This will put more strain on some Utilities and not the others, especially if all those EVs will charge at the same time. Assuming Obama gets his wish for 1 million EVs in 5 years, and everyone plugged in simultaneously: 3,800 MW of additional electricity will be needed, spread the charging over 12 hours and the demand drops to 500 MW. Here is the link to the research study: http://bit.ly/bkCGUg.

The report isn’t earth shattering, it does validate other studies and shows that Electricity providers are starting to think about EVs. It’s a bit on the conservative side though, most analysts project 1 mill EVs by 2015, whereas the report predicts a million by 2017–the Grid better be ready.

Mariana Gerzanych is CEO of 350Green LLC, a Company that will be installing charging station infrastructure for Electric Cars.  350Green is a partner in the eTec $99.8 mill DOE grant award to electrify the EV infrastructure in 5 markets: San Diego, Portland, Seattle, Phoenix/Tucson and Nashville. “It took us all 5 seconds to decide which city to move the headquarters to” and San Diego has extended a warm welcome. You can find Mariana on Twitter @ukr50 and read more of her musings on www.350Green.com/news.

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

Peter Fusaro knows environmental finance markets.  As Chairman of Global Change Associates, Fusaro is an energetic and tenacious green markets cheerleader with over 34 years of government policy and industry experience.  When he took the stage at his 9th annual Wall Street Green Trading Summit last week in New York City, audience members perked up and paid attention. 

From carbon markets to green energy loans and Property Assessed Clean Energy (PACE) programs, more than 225 professionals gathered at this conference to learn about a variety of innovative financing mechanisms.  “This conference has always been the practitioners’ conference,” said Fusaro.  “This is about people doing things: innovative things, risky things, pushing the envelope and moving forward.”

 Restarting the Green Engine

 If the path to economic development is paved with green technology, some suggest that the car is in neutral.  Unfortunately, for the past few months, the political machine of Washington has been consumed by partisan wrangling over medical insurance.  Now, with the healthcare debate behind us, there seemed to be a renewed sense of optimism among conference participants.

 “The lack of interest in carbon is appalling, (more…)

To meet renewable goals, California utilities can buy power from Arizona households. It’s a new ball game.

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

To meet their renewable standards, California utilities are now able to look outside the state. What happens next should be interesting.

California’s Renewable Portfolio Standard (RPS) mandates minimum renewable energy thresholds in a utility company’s electricity mix. In California, that minimum is 20% by the end of 2010. Utilities can obtain a three-year extension, and most will ask for that, but 2010 is still the official deadline.

Why an RPS?

According to the Public Utilities Code, Section 399.11, an increase in renewable resources “may promote stable electricity prices, protect public health, improve environmental quality, stimulate sustainable economic development, create new employment opportunities, and reduce reliance on imported fuels.”

However, these lofty goals overlooked one important element: execution.  Drafting a law mandating a 20% renewable mix doesn’t (more…)

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…)

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

It’s a balmy 67 degrees in San Diego and I’m back home at my local coffee shop, sipping Chai Tea Latte.  A short 24 hours ago, I was in the snow and bitter cold of Copenhagen, Denmark, attending the 15th meeting of the Conference of Parties (COP15) climate summit.

For two brief weeks, people from around the world had been gathered to discuss how carbon emissions are affecting our environment.  Despite a failure to sign a major agreement, the victory of the conference has been its ability to focus world attention on climate change issues.  COP-15 has captured the public’s interest, raised awareness and energized ordinary citizens into action.

Acknowledging the gravity of climate change is a difficult task to consider as I sip a tasty beverage in the comfort of my shorts and t-shirt.  Perhaps the single largest challenge for reducing carbon emissions is to convey a sense of urgency to those who are the least affected.  Has our (more…)

Not only has Lee Barken provided us with a daily report from the 15th meeting of the Conference of Parties (COP15) climate summit in Copenhagen, Denmark, he also provided those of us suffering the heat in San Diego with a video interview and a photo montage of events in Copenhagen including the Bright Green Conference. 

Click here for video interview:

Click here for photos:

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

As we begin the final day of the Conference of Parties (Cop15) climate change conference in Copenhagen, Denmark, the grueling hours and stressful conditions are surely taking their toll on official delegates. It is, however, extremely impressive to see how tactful and diplomatic the country representatives are, even when speaking with observers and civil society participants.

After one particularly late night at the Bella Center, home of Cop15, I waited at the Metro station at 1:30 a.m. in the snow and freezing temperatures and happened to engage in conversation with a negotiator from Bolivia.

The position of Bolivia and others in the region is that the atmosphere is polluted with emissions lingering from the dawn of the industrial era. In other words, developed countries spewed all these (more…)

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

With the gathering of more than 130 world leaders in Copenhagen this week, the issue of greenhouse gas (GHG) emissions is taking center stage.  GHG has become the burden that no one country can unilaterally cure, but every person on the planet has a vested interest in addressing.

Cap and trade, along with other policy measures, have stirred a great deal of controversy–as they should.  Decisions to significantly alter the fabric of commerce and daily life should not be taken lightly.  Rigorous debate is essential and should be welcomed.

However, even the most ardent climate skeptic acknowledges that finite resources such as oil and other fossil fuels won’t last forever.  As such, the debate seems to be evolving into a question of when and not if.  In other words, (more…)

The COP15 corridor dance: A yellow badge-wearer chats up a pink badge-wearer.

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

Wish you were here? Allow me to draw a picture.

We’re now well into week two of the COP-15 Climate Summit in Copenhagen and the diplomats, activists and media representatives are fully engulfed in a whirlwind of activity.  Beyond the maze of the Bella Center’s million square feet, 60 meeting rooms and winding pathways lies another maze comprised of diplomatic maneuvering, backroom gamesmanship and good old-fashioned guerrilla marketing.  Knowing where to go and what to do (more…)

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

A royal panel (left to right): Royal Prince Haakon of Norway, Crown Princess Victoria of Sweden, Crown Prince Frederik of Denmark

Up the road from the COP15 Climate Conference and just outside of downtown Copenhagen, 170 exhibitors gathered this weekend for the 2-day Bright Green conference, to demonstrate that climate change is both a dangerous peril and a pathway to profits. Bright Green, a showcase organized by the Confederation of Danish Industry, aims to show that the emission reductions currently being negotiated at COP15 will require a myriad of new industry solutions.

Judging by the turnout, it would appear that industry is more then ready to step up to the challenge and that the 10,000 attendees were not deterred by silent protest messages, such as “our climate is not your business” (more…)

How a new forestry protocol is bridging the divide between business and environmentalism.

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

Who says money doesn’t grow on trees? At the third-annual Forest Day event, held during the Cop15 Climate Summit in Copenhagen, attendees were a buzz about going green and making green, all with a new forestry protocol called REDD.

Short for “Reducing Emissions from Deforestation and Degradation,” REDD aims to make a tree worth more standing up then cut down. It accomplishes this by monetizing the carbon sequestration benefits of trees in the form of carbon credits. Or, to put it another way: REDD is a mechanism to grow (more…)