In mid-October, President Obama moved to raise the amount of credit extended to small businesses. If Congress approves his plan, the measures would enable community banks to borrow at low rates from the Treasury Department's Troubled Asset Relief Program (TARP). It would also raise loan caps on some Small Business Administration (SBA) programs. To qualify, the banks would have to show how they would increase lending to small enterprises. The relief could not come a moment too soon. The job-creation engine known as small business has been slammed, not only because of falling demand but also because the normal flow of financing has slowed to a trickle. Small enterprises have created two-thirds of all new jobs since 1994 and they employ more than half of all private-sector employees. (The SBA's definition of a small enterprise is "an independent business having fewer than 500 employees.") In September, for the second straight month, they laid off more workers th...
Ill Wind Blows Over Storage Market When it comes to discussing the "need" for storage to supplement intermittent wind energy, industry professionals are of two very different minds. The majority of wind energy development companies we've spoken with say there's no need for storage; any limitations in the ability to distribute wind power are due to a lack of transmission infrastructure. By contrast, many energy insiders say storage could make the business case for wind even stronger. Objective analysis indicates that while need may be too strong of a word, in many cases storage would greatly benefit wind. The American Wind Energy Association (AWEA), has taken a firm position against storage, especially onsite at wind generation facilities . According to the recent Pike Research report by David Link entitled Energy Storage Technology Markets, "...The association’s official position is that storage systems are not required to integrate wind energy into electric powe...
International Green Energy Council The mission of the International Green Energy Council is to provide advice and to render opinions pertaining to all of the issues affecting the “Green” industry Internationally and on all Federal, state, county and municipal levels of government; to maintain surveillance, review and analysis of all governmental activities, whether International. federal, state, county or local in nature, which affect the “Green” industry, whether legislative, executive or judicial in form and scope; to maintain liaison with all levels of government; and to initiate, defend, and otherwise support environmentally sound initiatives that support sustainable energy practices and the sustainable industry in all its forms.
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