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Feds Unwrap $15M For Corporate Energy Reduction

As hard as it is to imagine, coondoggie writes with news that the federal government just unveiled a new energy bill that will offer $15 million in assistance to retailers who help to build and adopt energy-efficient technologies. "The US Department of Energy (DOE) announced the first phase of $15 million awards to retailers Best Buy, JCPenney, John Deere, Macy's, SuperValu, Target, Toyota, and Whole Foods Market. Commercial Real Estate Firms such as CB Richard Ellis, Forest City Enterprises as well as the financials groups also saw some of the money. Along with the money the companies will have access to the DOE's Pacific Northwest National Laboratory (PNNL) and National Renewable Energy Laboratory (NREL) to design, build, tune and operate at least one new prototype building and to retrofit an existing building project."

8 of 146 comments (clear)

  1. Re:Here's an idea by iamhigh · · Score: 4, Interesting

    $0.20 per KwH.
    computer using 100w (your net admin should have power settings set correctly and this is way over estimated)
    for 15 hours
    = $0.30 per night

    or

    PHB @ $30/H
    taking 5 minutes to boot and log in ($30/5 minutes of time (12))
    = $2.5

    Doesn't make sense or cents to a business.

    --
    No comprende? Let me type that a little slower for you...
  2. Re:Imagine what they could do with 700 Billion.... by Anonymous Coward · · Score: 5, Interesting

    I left the country for a few weeks, and now that I'm back, it feels like I'm "IN SOVIET RUSSIA" or something.

    I mean, suddenly it's the Democrats who want to throw $700 Billion to our corporate overlords, and it's the Republicans who are (probably ineffectively) trying to put a stop to it. What a country!

  3. Re:Imagine what they could do with 700 Billion.... by megamerican · · Score: 4, Interesting

    Democracy actually worked here! The population seemed apprehensive about the bill, and congress decided that it was best to address the problem in smaller steps.

    While Democracy was working the Federal Reserve was creating $630 billion out of nothing and putting it into the financial system.

    While watching C-Span today I think my favorite line was from Brad Sherman (D-CA): "Just because all of your constituents oppose this bill does not make it an act of courage to vote for it."

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    If you have something that you dont want anyone to know, maybe you shouldnt be doing it in the first place -Eric Schmidt
  4. Re:Energy use will fall now by OutSourcingIsTreason · · Score: 2, Interesting

    What does Congress have to do with it? The bumbling CEOs who run their corporations into the ground deserve all the credit.

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    "Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Mussolini
  5. Re:Incentives for what? by syousef · · Score: 4, Interesting

    I know something for absolutely certain, American CEO's and stockholder's are the most short-sighted and unimaginative on the planet.

    That's because the system is set up in such a way that it rewards such short-sightedness. You see they aren't as short-sighted as you think. They're looking out for their own long term interests. It's just that the CEO's long term wealth is completely disconnected from the company's. So a CEO can actually end up being fired with a much smaller golden parachute and a bad reputation for doing the right thing by the company because his next quarter profits are down.

    You might as well blame a farm pig for being fat. The system needs changing, and no I'm not an economist so I don't have the answers. I just know when something's broken.

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    These posts express my own personal views, not those of my employer
  6. Re:Whole Foods... by cayenne8 · · Score: 2, Interesting
    "..should harness the smug of their customers."

    You know, Whole Foods isn't that bad...at least not in my neck of the woods (New Orleans area). Sure, you can easily spend too much $$ (hence the moniker "Whole Paycheck"), but, last time in there...I did some pricing, and on some produce and meats (for the quality stuff), the price wasn't that bad actually. Not to mention...you can often find fresh ingredients there that the normal grocery stores don't carry. If you shop there judiciously, some things are comparable in price to the normal stores, and the quality is often better.

    That being said...I do usually splurge a bit when there, on the fresh sausages (unusual varieties), and the cheese shop...but, if I eat lunch before I got there....I find I don't blow it too bad.

    --
    Light travels faster than sound. This is why some people appear bright until you hear them speak.........
  7. Re:Imagine what they could do with 700 Billion.... by Sloppy · · Score: 3, Interesting

    As I understand it, that 700 billion was not going to line anyones pockets.

    It was going to come from somewhere. You can make a case that it might do more than $700B worth of good, but one thing is beyond all doubt: it would have done at least $700B worth of damage.

    If the bank can't find the money to loan out, no one's going to be able to get any T-shirts, and my GF is shit out of luck.

    The people who wanted to borrow money to buy T-shirts, should go talk to the people who were going to pay the $700B. Surely those rich folks have plenty of money to lend -- more than the banks, apparently.

    Who are they? Oh, your grandkids. Fusion power, flying cars, and people with hundreds of billions of dollars burning holes in their pockets -- the future is awesome!

    --
    As copyright owner of this comment, I authorize everyone to defeat any technological measure which limits access to it.
  8. Re:Dear know-nothing by AK+Marc · · Score: 2, Interesting

    Umm, you do know with sub prime mortgages, it's about the rich people/companies GIVING out their money to keep a lean on an asset (ex: a home) and with the housing market vastly undervalued, the value of the asset is less than the cash given to the previous owner.

    You do know that the sub-prime tag given to this is to blame the poor people for the faults of the rich, right? The rich bankers chose to lend money to people they thought couldn't afford an increase in interest rates because they assumed the housing prices would continue going up. The poor would sell or be forclosed on for a gain. The percentage of the problem that are the sub-prime mortgages is smaller than the non-sub-prime. But the sub-prime ones were first, and it's a great tag to stick on the problem to shift blame.

    The rich white bankers are the cause of this, and it's the poor blacks that are blamed (just read the racist stuff about equal opportunity loans being thrown about if you think there aren't people blaming minorities).