October 21, 2008: A Capital Shortage May Slow Clean Energy Expansion

General Electric announced that future clean energy projects are on hold due to an investment capital shortage.

H.P. unveiled plans to more than double its purchase of clean energy to total 8 percent by 2012.

The production costs of hybrid vehicles may be reduced by two-thirds over the next decade.

Scientific American looks at the future of offshore wind power.

Local Green: Pennsylvania Governor Edward G. Rendell announced a plan to invest $12 million in clean energy and energy conservation efforts that will create 1,200 jobs and bring the state $118 million in private investment.

Oakland, California launched its Green-Collar Jobs Corps program on Monday.

A new study by Next 10 - an organization that promotes environmental innovation in California - finds that the state’s clean energy mandates will create 400,000 jobs and generate $76 billion by 2020. The state’s energy efficiency efforts already have created 1.5 million jobs over the last 30 years, the study said.

The Boston Globe explains how following California’s clean energy lead could bolster the national economy.

Van Jones discussed his new book, “The Green-Collar Economy: How One Solution Can Fix Our Two Biggest Problems,” with Grist and The Huffington Post.

The AFL-CIO Now blog argues that a worker lockout in Illinois “offers yet another example of why passage of the Employee Free Choice Act is needed to provide fairness in the workplace.”

–Christopher Greenspan

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