GE Energy Financial Services and several other funders have invested $22 million in Project Frog, a San Francisco company that provides climate-sensitive design and fabrication of modular high-performance buildings (BuildingGreen.com). Beacon Power, a Massachusetts company that received a $43 million federal loan guarantee, has filed for bankruptcy. The failure of the company, which develops energy storage systems, is likely to add to criticism of the federal government’s green energy initiatives (New York Times Green Blog). According to the Harcourt Brown & Carey blog, Sagewell, Inc., based in Boston, has developed the first mass-scale building envelope heat-loss imaging and analysis system. Sagewell can image hundreds of properties per day (actual images are taken in the evening when people are more likely to be home) and their analysis can be used to rank order the heat loss of homes (and commercial buildings) so promoters of energy efficiency can market to the best candidates and motivate property owners to adopt energy efficiency. One of the stranger bills to be considered by Congress passed by a voice vote on Monday evening. Officially named the European Union Emissions Trading Scheme Prohibition Act of 2011, it essentially tells American airline carriers that it is illegal for them to participate in the European Union’s cap and trade system, which charges companies for producing emissions beyond their allotted limit (New York Times Green Blog).
by Anna LaRue •