In drought-stricken California, workers in industries from golf to medical marijuana are struggling to prevent the lack of water from drying up business. Most are cautiously watching the weather in hopes that fall and winter storms bring enough rain and snow to keep their doors open. But for some companies, the persistent lack of moisture has been too much: They’ve already been forced to close.
Going solar is expensive, but a confluence of plummeting equipment prices, rising utility bills, new financing schemes and a raft of federal, state, and local incentives are encouraging homeowners across America to take the plunge and put photovoltaic panels on their roofs, even in rainy Seattle.
In 2013, 792 megawatts of solar capacity was installed on homes. That figure is expected to increase 61 percent in 2014 and another 53 percent in 2015, according to the Solar Energy Industries Association, a Washington-based trade group. A megawatt of solar capacity is typically enough to power 200 average U.S. homes, though the number varies depending on factors such as available sunlight and panel orientation.
On a recent drizzly July morning here, homeowner Brian Palmer gestured out the window to the falling rain. There, workers in slickers from a local solar energy company prepared to put photovoltaic panels on his roof, one of the hundreds of such installations that occur daily across the country.
To insurance companies, there’s no doubt that climate change is here: They are beginning to file lawsuits against small towns and cities who they say haven’t prepared for the floods and storms that will cost the companies billions in payments.
Earlier this week, the U.S. arm of a major global insurance company backed away from an unprecedented lawsuit against Chicago and its suburbs for failing to prepare for heavy rains and associated flooding it claimed were fueled by global warming. While legal experts said the case was a longshot, its withdrawal didn’t alter the message it contained for governments: prepare now for climate change or pay the price.
Lab scientists are getting a $50,000 assist from the U.S. government to go to school and learn the entrepreneurial skills required to take their innovations into the marketplace and, perhaps, become millionaires.
“I am basically teaching them how to do eye contact and test their hypotheses outside of the lab,” Steve Blank, a startup guru at Stanford University who designed and teaches the course, told me Tuesday.