Failure has influenced my perspectives on business. I learned more from my couple of negative experiences than from the successes. Failure has made me skeptical about outcomes, which has influenced how I run First Wind. We take credit for something only when it actually happens and not a second before, because you can get burned in the final seconds of a deal.
Minnesota Attorney General Lori Swanson introduced Schroeder and other farmers Friday while announcing that she had filed a lawsuit against the company and its owner, Shawn Dooling, 46, of Shorewood, seeking to hold them accountable. Swanson alleges that they sold farmers in Minnesota and elsewhere faulty windmills utilizing federal stimulus money aimed at helping the country during the recession. Dooling and his sales staff promised state-of-the-art wind turbines that would last up to 25 years and qualify for federal grants under the American Recovery and Reinvestment Act of 2009.
While he’s better known for his national security credentials, McDonough is also a climate hawk who, during his previous work at the liberal Center for American Progress (CAP), advocated for the United States to step up efforts to address carbon emissions (E&E Daily, Jan. 24). And when then-Sen. Obama was running for president, McDonough was a spokesman for Obama’s climate efforts and helped put together the campaign’s early energy platform.
The Department of Energy mismanaged millions of dollars last year when quickly doling out recovery funds for new “smart grid” projects, according to a new inspector general’s report. The agency failed to secure proper documentation for reimbursements and allowed some recipients to falter on their cost-share responsibilities when approving 11 projects worth about $12 million, DOE Inspector General Gregory Friedman said in a report released this week.
For the third time in as many years, Maryland Gov. Martin O’Malley (D) is trying to lure companies to invest in offshore wind energy development in the state’s waters.
Sting operations have linked Italy’s Mafia to the country’s wind and solar energy industries. In the past decade, Sicily has become a key player for renewable energy. The island receives more sun and wind than other areas of Italy, and the government offered subsidies worth billions of euros in order to boost the industry.
Nearly half of all the new electrical generating capacity installed in the United States in 2012 came from renewable energy sources, according to the most recent Energy Infrastructure Update from the Federal Energy Regulatory Commission
White House press secretary Jay Carney indicated yesterday that the president’s second-term efforts on climate change could feature energy legislation, challenging widespread perceptions that the administration would emphasize executive actions in the pursuit of carbon policies.
President Obama’s decision to devote time in his second inaugural address Monday to address climate change came as a surprise to many in the energy and environmental community, but maybe it shouldn’t have been such a shock. An early indication that the Obama White House was going to take a tough stance on global warming in the president’s second term may have come last week, when word began to circulate that the president intends to appoint Deputy National Security Adviser Denis McDonough as his next chief of staff. While the White House has yet to officially confirm that McDonough is Obama’s choice to be his next top staffer, it’s been widely reported since last week that McDonough’s appointment is more a matter of when than if.
MidAmerican Energy Co., a unit of billionaire Warren Buffett’s Berkshire Hathaway Inc. and Iowa’s largest energy company, is phasing out coal in seven boilers at three company power plants, according to a settlement with the Sierra Club. The proposed consent decree, filed today in Southern Iowa U.S. District Court, follows a lawsuit threat from the Sierra Club in July. Environmentalists accused the company of Clean Air Act violations at its Neal Energy Center, Walter Scott Jr. Energy Center and Riverside Generating Station.