Alternative energy Capital (Houston, Galveston, St. Jo: how much, home, oil)

[CarmineSantucciorellicuci]

With Houston's current status as alternative energy capital of the world, how much money from Obama's stimulus plan will impact the city? I believe Obama has earmarked 150B towards alternative energy research. Be interesting to see how many jobs and business are created as a result in the region.

[Mom2Feebs]

Alternative energy? *scratching head*

[revive]

I'm curious why you wrote that Houston is the "alternative energy capital of the world"? Based on what facts? Do you know who/what companies in Houston are leading the effort?

I'm not very confident that alternative energy tech will be economically useful in the near future, but $150B will surely create a lot of jobs.

Originally Posted by CarmineSantucciorellicuci

With Houston's current status as alternative energy capital of the world, how much money from Obama's stimulus plan will impact the city? I believe Obama has earmarked 150B towards alternative energy research. Be interesting to see how many jobs and business are created as a result in the region.

[CarmineSantucciorellicuci]

Vestas, the Danish wind power company, chose Houston to open a research center. There are many other "green energy" startups in the region along with the fact that the energy/oil companies based in the area also have "green divisions". I thought it was well known that Houston had a high concentration of energy companies.

[Mom2Feebs]

We have tons of traditional energy companies. Alternative energy, though, I figured would go to California!

[texas7]

Houston is huge on O&G companies - but alternative - not so much. But Houston is affordable and a great place to do a start-up so why not.

[CherryMagic]

Originally Posted by texas7

Houston is huge on O&G companies - but alternative - not so much. But Houston is affordable and a great place to do a start-up so why not.

It's happening now.
The FEED/FEL work is being done here - the site is in another state.

At least it's not in Saudi - or Africa.

[Topaz]

Originally Posted by Mom2Feebs

We have tons of traditional energy companies. Alternative energy, though, I figured would go to California!

Have you read anything on the subject or are you just reacting to the phrase, "alternative energy?"

This is from a 2007 Wall St. Journal article, Texas' New Tea:

"Houston -- As investment in alternative energy surges, scientists and entrepreneurs throughout the U.S. are trying to brew up remedies for the world's so-called petroleum addiction.

While it's too soon to say which of these efforts will thrive and which will wither, energy-industry veterans are increasingly confident they know where at least some of tomorrow's leaders in alternative energy will be: Houston, the home of big oil."

Only subscribers can view the remainder of the article.

[bamba_boy]

Chevron bought into a substantial share of a Galveston -based (Pelican I.) plant that is one of the largest converters of waste frying oil into diesel fuel. They are based in California (where I believe their large alt-fuel technology dept is HQ'd) but have a large Houston presence. They , like BP, are looking towards having a flourishing non-fossil-fuel-based business up and running for when the real Peak Oil day arrives.

[Mom2Feebs]

Originally Posted by Topaz

Have you read anything on the subject or are you just reacting to the phrase, "alternative energy?"

This is from a 2007 Wall St. Journal article, Texas' New Tea:

"Houston -- As investment in alternative energy surges, scientists and entrepreneurs throughout the U.S. are trying to brew up remedies for the world's so-called petroleum addiction.

While it's too soon to say which of these efforts will thrive and which will wither, energy-industry veterans are increasingly confident they know where at least some of tomorrow's leaders in alternative energy will be: Houston, the home of big oil."

Only subscribers can view the remainder of the article.

Just like what I said, "alternative" energy capital of the world...we are not right now. Maybe we will be eventually, maybe in 5 years, maybe in 10. That's great people have their sights set on us for the future, heck, I embrace that!