Siemens Exits Solar, Desertec in Green Portfolio Setback - Bloomberg

Siemens AG (SIE) plans to give up its unprofitable solar-energy business after failing to turn the unit around, in a blow to the German engineering company’s effort to win more revenue from its so-called green portfolio.

Siemens is offering the asset to potential buyers, the Munich-based company said in a statement today. The company will also end its membership in a high-profile venture to generate renewable energy in the Sahara desert.
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“The decision to sell is really quite obvious,” said Ingo-Martin Schachel, an analyst at Commerzbank AG (CBK) in Frankfurt. “Solar is no core business and no core competency of Siemens. The growth prospects for these markets have deteriorated such that there is really no reason to remain active here.”
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Germany’s photovoltaic industry is fighting for survival, as companies from Solar Millennium AG (S2M) to Solon SE (SOO1) filed for insolvency proceedings in the past year.

Nobody Mentions Climate Change. But Somebody Did Something About It. | TIME.com

I believe global warming is the most important issue facing humanity...while it’s absolutely fair to complain that Obama doesn’t talk about climate change anymore, except at rallies when he’s firing up his liberal base, it’s also worth noting that he’s probably done more to prevent climate change than anyone else on the planet.

Climate Change In Presidential Debates Since 1988 - YouTube

The existential threat of global warming has been debated by the US presidential and vice presidential candidates since 1988.

Al Gore urges Gibraltar to become climate change ‘role model’

The conference was also addressed by Juan Verde, an advisor to President Barack Obama, who urged Gibraltar to become completely sustainable.

Describing climate change as ‘a real and present danger’, Verde said: “I think Gibraltar is small enough to become fully sustainable.

“You can’t do that in America because it would take decades, but here you could do it in a matter of years.

2008: Gores Challenge to the US: 100% Zero-Carbon Electricity in 10 Years

In a major speech given today at the DAR Constitution Hall in Washington DC, former Vice President Al Gore challenged the US to end its reliance on carbon-based fuels and to “commit to producing 100 percent of our electricity from renewable energy and truly clean carbon-free sources within 10 years.”