By Global Markets Institute at Goldman Sachs and Center for Environmental Markets
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Extra info for Alternative Energy: Global Public Policy & Regulatory Challenges Fall 2007
That base of experience should prove helpful for policy makers who wish to expand the use of renewable energy. A lter native Energy: A Global Survey 60 Glossary of Terms BNDES: Brazilian National Development Bank. MMTOE: Million tons of energy. REPI: Renewable Energy Production BRICs: Brazil, Russia, India, and China make up a commonly discussed group of bourgeoning economies. NIMBY: ‘’Not in my backyard’’; the credo of citizens opposing a city’s or a company’s plan to install a factory, for example, in their community.
57 Exhibit 16 The Western Regional Climate Initiative Members Observers Source: The Western Climate Initiative. A lter native Energy: A Global Survey 32 A Global Survey of Alternative Energy Policies In addition, California has expressed interest in linking to the European carbon trading system. Highlights: Specific Energy Technologies Wind: The United States in 2005 ranked third in the world in installed wind capacity, with 9,150 MW of capacity in 2005. Approximately 2,500 MW of wind capacity were brought online during 2006, an increase of 27% from 2005 levels.
118 Solar: India is considered to have one of the largest solar energy programs in the world. 119 Biofuels: Indian energy policy is giving new attention to the role of ethanol in alleviating demand pressure on oil. 122 A lter native Energy: A Global Survey 56 A Global Survey of Alternative Energy Policies There is also great deal of interest in Jatropha curcus, a type of shrub used in the production of biodiesel. The government is supporting a $10 million biodiesel production facility in the city of Mysore by making land available for the project, among other incentives.