Energy Business

The Business Day In Global Warming (KSS, MAG, FPL, BZH, PRRY, CPNLQ, DELL, ING)

Kohl’s Department Stores (NYSE:KSS) is activating a solar rollout to its 63 California locations.

Magnetek, Inc. (NYSE:MAG) has received orders from United Technologies (NYSE:UTX) for PCS-2C and -2D fuel cell power inverters totaling 2.4 megawatts in a contract valued at approximately $1.3 million scheduled for delivery over the coming 8 months.

FPL Group, Inc. (NYSE:FPL), the Florida Power & Lighting parent, announced today a $2.4 billion investment program aimed at increasing U.S. solar thermal energy output and reducing carbon dioxide emissions that contribute to global warming: up to $1.5 billion in new solar thermal generating facilities; Investment of up to $500 million by FPL to create a smart network that will provide its 4.5 million customers with enhanced energy management capabilities; and a new consumer education program and new products that could increase renewable energy resources by at least $400 million over the first five years of the program.

Beazer Homes (NYSE:BZH) becomes a principal sponsor for Georgia Tech Solar Decathlon 2007.  For some reason, it seems they’ll still have bad home sales.

Planet Resource Recovery, Inc. (PINK SHEETS: PRRY) announced today that it has delivered its first shipment of PetroLuxus™ 600 for the treatment of biodiesel that will streamline the production of biodiesel in a cost-effective and time-efficient manner.

Calpine Corporation (Pink Sheets: CPNLQ) received final approval today from the California Energy Commission (CEC) to construct the 600-megawatt Russell City Energy Center in Hayward, Calif.

Dell (NASDAQ:DELL) today said it will become the first computer maker to neutralize its greenhouse gas emissions. CEO Michael Dell announced a series of measures to shrink the company’s carbon footprint and offset  its greenhouse gas emissions in 2008.

ING (NYSE:ING) announced today the next phase of its worldwide sustainability commitment by agreeing to
purchase clean, emission-free wind energy credits for its U.S. operations.

Jon C. Ogg
September 26, 2007

As a reminder, whether you prefer the term “Global Warming” or”Climate Change” is not the issue as far as 24/7 Wall St. covers it.Green business has become big business, and this affects many publiccompanies today.