Karen Harbert speaks at the DPA/PROWESS joint luncheon
America is suffering from BANANA Syndrome.
Karen Harbert speaks at the DPA/PROWESS joint luncheon
America is suffering from BANANA Syndrome.
There was a nearly audible sigh of relief heard from the White House and motorists alike three weeks ago when oil prices, along with several other leading commodity prices, suddenly collapsed by almost 10 percent in one day.
When it comes to energy initiatives, the Defense Department has a lot of wheels in motion. It has set up a test bed where new power-saving technologies to conserve power are being put through the paces. It is tackling the problem of wind turbines that interfere with airborne radar.
Through efficiency and flexibility, significant portions of the current infrastructure can be repurposed for greener energy sources. That was the tentative consensus of a panel discussion earlier this week at the Milken Institute Global Conference.
Tuesday’s hearing of the Senate Energy and Natural Resources Committee saw remarkable harmony regarding legislation to give the federal government a financing and risk management toolbox for helping emerging energy technologies cross the financial “valley of death” between a good idea in the lab
‘Green Bank’ would provide more flexibility and financing tools than popular US policies such as the loan guarantee and Treasury grant programmes, financing experts said.
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