In April 2010, the Department of Defense (“DOD”) issued a memorandum (“memo”) that altered the structure of the defense budgeting cycle, beginning with fiscal year (“FY”) 2012 budget. These changes were ostensibly made to offer more stability to the budgeting process, which prior to the memo involved a more complicated two-year budgeting (more…)

Investors looking for the next big thing after a hydrocarbon economy have a panoply of options, from solar to wind, as well as biofuels.

In terms of quickly ramping up production biofuels clearly win the race, but navigating the PR fluff and reality is not a simple thing. (more…)

In a report to Congress, the U.S. military for the first time is warning that the effects of climate change may cause or exacerbate future global conflicts and complicate U.S. missions worldwide.

In its regular Quadrennial Defense Review, the Defense Department warns that the effects of a warming world, including increased poverty, hunger and disease, could further weaken fragile governments and perhaps provoke mass migrations.
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For more than 40 years, scientists have dreamed of collecting the sun’s energy in space and beaming it back to Earth. Now, a host of technological advances, coupled with interest from the U.S. military, may be bringing that vision close to reality.

Despite the enormous promise of solar power, the drawbacks of the technology remain significant. People need electricity every day, around the clock, but there’s no part of the United States that is cloud-free 365 days a year — and no solar radiation at night. You have to find some way to store the energy for those sunless periods, and there’s not yet a large-scale way to do that.

Moreover, the best locations for solar arrays — the deserts of the American Southwest — are far from the centers of population, so even under the best of circumstances you’d have to send electricity many hundreds of miles through transmission lines that don’t yet exist.

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