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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."

29 of 146 comments (clear)

  1. Wow! $15 million! by Anonymous Coward · · Score: 4, Insightful

    Imagine if they received $699 billion more.

  2. Whole Foods... by Anonymous+Crowhead · · Score: 5, Funny

    ...should harness the smug of their customers.

    1. 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.........
  3. Imagine what they could do with 700 Billion.... by FireStormZ · · Score: 4, Insightful

    Well we reserve that kind of money for folks who fail upwards..

    --
    "Ahh! Arrogance and stupidity in the same package, how efficient of you!" --Londo Molari
    1. 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!

    2. Re:Imagine what they could do with 700 Billion.... by moosesocks · · Score: 3, Insightful

      The House agrees with you, and the bill failed to pass by a small margin earlier today.

      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.

      Hopefully this is a sign of things to come, where congress no longer considers these 300-page meta-bills an ethical or acceptable way to propose legislation.

      It's also interesting to note that the representatives didn't overwhelmingly side with their parties, making it one of the few recent pieces of major legislation that hasn't encountered outright polarization.

      All these things add up to a very promising sign. People seem to have finally woken up, and realized what's at stake.

      --
      -- If you try to fail and succeed, which have you done? - Uli's moose
    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."

      --
      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:Imagine what they could do with 700 Billion.... by cayenne8 · · Score: 2, Informative
      Well, it seems that the CRA (Community Reinvestment Act) was a major start to this problem. This was passed under Carter. In and of itself, the original program wasn't too bad...and had its heart in the right place.

      However, it appears that updates to the program under the Clinton admin. (read the section here) really started the slide downhill with not only encouraging banks to give out bad loans to those who really could not afford homes....and in cases after this..banks that didn't want to give loans were sued and often branded as having racist policies because often they didn't want to invest in riskier areas which are in lower income and minority neighborhoods. So...prodded by this...they kept giving the loans.

      A few years later....when there were bills trying to be passed for oversite of Freddie and Fannie amidst concerns over the building economical problems...these bills were shot down by the party in charge of congress at the time...

      People knew this was coming....and the govt. regulations fueled the fire early on. But they refused to do what was right, and fact facts that while it would be nice if everyone could own a home...not everyone can afford to do so, and is NOT a good credit risk.

      Take a look into these issues...and some names DO start to stand out....I hope voters in their districts take note of this....

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    5. 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.
  4. Incentives for what? by Archangel+Michael · · Score: 2, Informative

    WHY do we need incentives to do the "right" thing?

    Why are we beholden to evil, unless someone pays us to not be?

    {sarcasm} I guess I'm just too stupid or naive to understand {/sarcasm}

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    1. Re:Incentives for what? by eagee · · Score: 3, Insightful

      This is really kind of like waving a bag of pennies in front of a car thief and saying, "Look what you get if you don't steal cars anymore!"

      On that front, it would seem the companies are hedging their bets that public opinion is moving to the side of sustainable energy. You can only count on a corporation to do what will make it money (usually). So if corporations are changing that could be taken as a good sign that public opinion is shifting (again).

      I think this it's more like a governmental high-five than anything else. Hey you greedy bastards, you *did* do the right thing - extra chump-change all 'round!

    2. Re:Incentives for what? by SydShamino · · Score: 4, Insightful

      Why are we beholden to evil, unless someone pays us to not be?

      Why are you calling shareholders evil? I think a better term is "short-sighted".

      These companies might implement cost-saving energy-conservation measures if they were handed over for free. But if anyone tries to sell them cost-saving measures, the immediate cost is a large deterrent despite the long-term results, because most companies can't seem to afford a view longer than the next quarterly financials. However, show a tax savings on that report because of government rebates and the company can implement changes.

      Is this the way it should be? Probably not. But that's how it is.

      --
      It doesn't hurt to be nice.
    3. Re:Incentives for what? by explosivejared · · Score: 5, Insightful

      You have hit the nail right on the head. Thinking no further than the next quarter is what got the US financial markets into the grand mess that they are in. We here a lot of political grandstanding about how the American worker is the most creative and productive on the planet, but I mean you know that statement's worth is debatable, but I know something for absolutely certain, American CEO's and stockholder's are the most short-sighted and unimaginative on the planet.

      --
      I got a catholic block.
    4. Re:Incentives for what? by Bryansix · · Score: 2, Informative

      Moreover CB Richard Ellis builds energy efficient buildings because they are already on the hook for that power cost. They don't need more motivation. I'm in a CB Richard Ellis managed building now and it has motion sensors for all the lights, the air con is on a schedule and has to be over-ridden in the after-hours, and the windows are tinted. What else can they do that isn't done already?

    5. Re:Incentives for what? by CrimsonAvenger · · Score: 2, Informative

      WHY do we need incentives to do the "right" thing?

      Because, contrary to rumour, it costs money to make buildings more energy efficient.

      It costs enough that you're generally better off NOT doing it - you're likely to stop using the building before the energy efficiency upgrade pays for itself, much less shows a return.

      Note that this isn't necessarily true for ALL buildings. But, in general, the cheap easy improvements were made decades back, the last time we panicked about energy prices. What's left are the changes that cost a lot, and don't really provide much improvement.

      --

      "I do not agree with what you say, but I will defend to the death your right to say it"
    6. 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.

      --
      These posts express my own personal views, not those of my employer
  5. Is that an M or a B? by Colin+Smith · · Score: 3, Funny

    Cos I thought they only talked in billions and trillions. Y'know 700 billion here, a trillion there.

     

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    Deleted
    1. Re:Is that an M or a B? by morgan_greywolf · · Score: 2, Funny

      Hey! I'm a CEO trying to get my Golden Parachute, you insensitive clod!

  6. To put that in perspective by Geoffrey.landis · · Score: 3, Informative
    To put that in perspective, the current energy use in the US is on the order of a trillion dollars per year.

    Fifteen million dollars is trivial.

    --
    http://www.geoffreylandis.com
  7. simple: let the sun in by lrohrer · · Score: 3, Informative

    The simple solution is to let the sun in. 1) Install more sky lights. 2) install sensors to dim lights as needed

    Next solar HOT water systems for heating/cooling of their buildings.

    This is 30 year old technology with a 6-8 year payback.

    Where is my check?

  8. 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...
  9. Re:Dear know-nothing by mcgrew · · Score: 5, Insightful

    This is offtopic but screw it, it needs saying. I'm sick of anonymous asshate like the parent poster defending the sociopaths who caused the necessity to save the country.

    That money didn't just go away. It went to extremely rich people.

    You're not going to solve the problem by rewarding the people who caused the problem in the first place. We need some serious banking regulation in this country, starting with a cap on interest rates at some multiple of the prime. Outlawing golden parachutes.

    The government isn't going to bail me out, but you want it to bail out the people who have the means to bail themselves out? Smartassed comments are needed a whole lot more than bailing out uber-rich sociopaths. Ever hear of Will Rogers?

    "No bonus" boxes checked.

  10. Re:Here's an idea by mcgrew · · Score: 3, Informative

    Your PC is 200-300 watts (another 150-250 if your monitor is a CRT), but your laser printer is 2,000 watts. Your printer uses more electricity than a dozen PCs.

    A photocopier uses even more electricity.

  11. Re:Here's an idea by Kohath · · Score: 2, Funny

    Here's an idea: Why not just shut down and lay off all the employees and open up shop in India or China where they still build power plants?

  12. Re:Here's an idea by MrSteve007 · · Score: 3, Informative

    I've heard this argument from people within my company. It didn't take must to shut them up though. Under most bios setting, you can set a time for the computer to auto-boot during the week.

    People start work at 8am? Set the PC's to boot at 7:50. Some people show up a little early, change the boot times.

    Within the OS settings, if there isn't any use within 120 minutes, have the system hibernate. Also, our CAD workstations consume ~300 watts an hour. At those levels, overnights and weekends amount to a fairly substantial amount of waste (and waste heat) generated.

    At that level of consumption, each system consumes .$90 each night, and $3 per weekend. Multiply that by 50 workstations and per year, and the total amount of wasted electricity $19,500 annually. In a 500 person firm, add a zero to the end of that number. This is a huge amount of waste within corporate America, that only takes 2 minutes to change within a bios.

  13. Re:Here's an idea by fuzzyfuzzyfungus · · Score: 2, Insightful

    It would be markedly easier, and less annoyingly "nickle-and-diming" to just use whatever centralized management setup you almost certainly already have at any decent sized outfit to just do scripted shutdowns or hibernation on idle. If users hate turning on their computers that much you can also have a scripted wake-on-lan go out 5 minutes before the start of the workday.

    We do that at the tech department I work for, and it works fine. It would be much more work to track and punish users who leave their machines on, besides being wildly annoying for everybody involved. There are definitely nontrivial energy savings to be had by shutting stuff down when it isn't needed; but a mess of cat-herding user coercion is not the best or easiest way.

  14. 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.

    --
    "Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Mussolini
  15. Re:Sorry, No democracy visible here by Okian+Warrior · · Score: 2, Insightful

    Here's the Washington Post take on the vote:

    "It's no coincidence then that of the 205 Members who voted in support of the bill today, there are only two -- Reps. Chris Shays (R-Conn.) and Jon Porter (R-Nev.) -- who find themselves in difficult reelection races this fall. The list of the 228 "nays" reads like a virtual target list for the two parties."

    Source: http://voices.washingtonpost.com/thefix/2008/09/the_failure_of_the_financial.html?nav=rss_blog

  16. 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).