Cleveland Valley vs. Silicon Valley

Tuesday, June 17th, 2008

Yes, it’s true. TheStreet.com’s Jim Cramer sees Cleveland and the surrounding rust belt environs as harboring the next wave of true innovation, trumping even the much vaunted Silicon Valley.  From ValleyWag:

At a breakfast event to conclude New York’s Internet Week this morning, TheStreet.com’s Jim Cramer said Valley innovation is all about creating “fancy ways to deliver music and videogames.” The obstreperrific stockpicker said videogame makers Take-Two and Activision are tech’s two most successful companies, other than Apple and Google — and that’s fine, but it’s also a sign Silicon Valley won’t save us from the economic woes the markets gave a hint of last week. Instead, he predicts the Rust Belt — “Cleveland Valley,” Cramer calls it — will. The region, better known as the Cuyahoga River Valley, has had to reposition itself as the home of what Cramer calls “New Tech,” building such marvels as “windmills with blades the size of 747 wings.”

About time…

Midwest Floods Impact the Cost of Ethanol

Monday, June 16th, 2008

From MIT’s Technology Review:

“Heavy rains, flooding, and cool weather in the Midwest will likely lead to much lower corn yields this year, especially in comparison with the bumper crops seen last year. This week, the United States Department of Agriculture lowered its predictions for this year’s corn crop by 390 million bushels, from 12.1 billion to 11.7 billion. If its predictions are right, corn supplies for next year will be the lowest since crop shortfalls in the mid-1990s, likely driving already record-high prices for corn even higher.

“In recent months, demand for corn used to make increasing amounts of ethanol has driven up corn prices, and to some extent food prices. But now bad weather in the Midwest, which has delayed corn crops, could further drive up corn prices and lead to significantly more expensive food, particularly meats. The weather problems could also cause some ethanol plants to shut down.”

Click here for the rest of the article.

Ohio Poised To Approve Great Lakes Compact

Wednesday, June 11th, 2008

From the Columbus Dispatch:

“State legislators are poised today to approve a $1.3 billion construction budget and a multistate compact designed to protect Great Lakes water from being siphoned to dry states in the South and West.

“A joint conference committee worked out differences between the House and Senate and unanimously approved the two-year construction budget, which provides more than $18 million for projects in Franklin County and includes provisions to help fill a projected $733 million operating-budget shortfall next year…

“Also yesterday, Democratic and Republican legislative leaders reached a deal on a proposed constitutional amendment that ultimately should lead to Ohio’s ratification of the Great Lakes Compact, in which eight states and two Canadian provinces agree not to divert water outside the region.”

Click here for the rest of the article.

Deep Water Wind

Tuesday, June 10th, 2008

As Northeast Ohio continues to explore the viability of offshore wind in the relatively shallow waters off Cleveland (creating opportunities to develop lower cost foundations), Europeans are experimenting with a radically new design for deep water wind off the coast of Norway.  From MIT’s Technology Review:

“The notion of floating wind turbines far offshore may have come a nautical mile closer to reality late last month, with the announcement of a collaboration between Norwegian oil and gas producer StatoilHydro and Germany’s Siemens, a major wind-turbine producer. The new partners plan to install what could be the world’s first commercial-scale wind turbine located offshore in deep water. StatoilHydro has allocated 400 million NOK ($78 million) to floating a Siemens turbine in more than 200 meters of water–10 times the depth that conventional offshore wind-turbine foundations can handle–atop a conventional oil and gas platform.”

Click here for the rest of the story.

Cleveland’s Green Movement Getting Good Press

Monday, June 9th, 2008

Our thanks to the Generation Foundation’s Bob Miller for the following from www.grist.org:

Most people — if they give Cleveland much thought at all — probably see it as a Rust Belt city, a victim of white flight and the decaying industrial economy, and of environmental gaffes in the 1970s when Lake Erie was declared dead and the nearby Cuyahoga River was so choked with pollution that it caught fire. But this Midwest metropolis is also home to a surprisingly forward-looking sustainability subculture. The city hired a sustainability programs manager in 2005; last year, its transit system was named the best in the nation by the American Public Transportation Association. A focus on energy-efficient, affordable housing has seen new town homes and cottages springing up in a formerly depopulated neighborhood, and community gardens sprouting along with them. Cleveland also ranks second only to Los Angeles in the number of projects per capita seeking certification under LEED-ND, an expanded version of the notorious green-building guidelines that applies to entire neighborhoods. Its biggest problem may be convincing people to move there — or move back — but even in that realm, there are signs of hope: one activist reports that Cleveland natives currently working on green programs in other cities have begun calling to find out how they can help back home.

Click here to read more about the greening of Cleveland.

Ohio Would Benefit From Green Economy

Thursday, June 5th, 2008

From Crain’s:

Sometimes it is easy being green — especially if you are blue-collar.

A report released this week from the Political Economy Research Institute at the University of Massachusetts-Amherst says Ohio’s blue-collar workers stand to benefit from a greener economy.

According to the report, which takes a state-by-state look at job opportunities in a green economy, more than 551,000 jobs in Ohio could see both job growth and wage increases as the state implements global-warming remedies.

The report identifies six types of positions — carpenters, electricians, operations managers, machinists, welders and industrial truck drivers — that could transfer existing blue-collar skills to the manufacture and installation of clean energy equipment.

Click here for the rest of the article.

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Water: The Next Battleground

Wednesday, June 4th, 2008

From the New York Times:

FORTUNA, Spain — Lush fields of lettuce and hothouses of tomatoes line the roads. Verdant new developments of plush pastel vacation homes beckon buyers from Britain and Germany. Golf courses — dozens of them, all recently built — give way to the beach. At last, this hardscrabble corner of southeast Spain is thriving.

The land of southern Spain has dried, leading to rationing and disputes over water.

There is only one problem with the picture of bounty: this province, Murcia, is running out of water. Swaths of southeast Spain are steadily turning into desert, a process spurred on by global warming and poorly planned development.

Click here for the rest of this article.

Update on Offshore Wind Project

Tuesday, June 3rd, 2008

Cuyahoga County has updated its website to make access to the procedings and progress on the offshore wind feasibility project easier for people to find.  Click here to open a new window that will take you to the updated site, where you can not only find out about past and upcoming meetings, but also see the video the task force has put togther on the project (click the link on the right hand side of the page).

Wind Power Picking Up Speed in Great Lakes Region

Tuesday, May 27th, 2008

The Toledo Blade buries the lead on this story so we’ll give it to you here:

“The U.S. Department of Energy claims wind has the potential to produce $80 billion in economic activity and 300,000 jobs for the Great Lakes region.

“‘The potential for wind power generation in the Great Lakes region is enormous,’ Larry Flowers, national technical director of the Energy Department’s Wind Powering America program, said.”The race is clearly on. Will Northeast Ohio carve out a leadership role, or merely wind up a “me too” player?

To read the entire article, click here.

Innovation–UK Style

Tuesday, May 27th, 2008

From SSTI:

As readers know, the

United Kingdom is no slouch in the world’s economy. A steady rise in productivity since 1997, the pound trading at nearly twice the dollar, and the home of some of the world’s top research universities and a global financial center for centuries all attest to the

United Kingdom’s strong economic position.
 
How it is preparing to sustain and expand its competitive position through strategies like those enumerated in the April release of Innovation Nation stands in sharp contrast to

U.S. policies and investments to support science and technology-based growth.
 
For evidence, one needs look no further than the unit of the British government that released the strategy – the UK Department for Innovation, Universities and Skills (DIUS). DIUS has no

U.S. counterpart working to coordinate advanced research investments, workforce preparedness, and tech-based economic development initiatives.

U.S. efforts in these areas are scattered across several agencies and have been perennial targets and often victims for budget.
 
Innovation Nation outlines nearly four dozen specific action items to encourage the permeation of innovation throughout the

United Kingdom. Virtually no element of society is left untouched by the agenda. Highlights of items not being discussed loudly in the

U.S.:

  • For all sectors of business, including the services and creative industries, DIUS will provide innovation vouchers to finance collaboration between 500-1,000 small and medium-sized enterprises and the “knowledge-based institution of their choice.” The department also will ensure finance accessibility at all stages of growth, will double the number of knowledge transfer partnerships between educational institutions and UK businesses, and is training all export and business link staff in advising businesses on management and licensing of intellectual property. It also will develop an international marketing, regulation and research strategies to aid businesses in working in the EU and international markets.
  • For universities, DIUS will continue to expand research investments and broaden knowledge exchange opportunities into the arts and humanities, further develop an online toolkit of model technology transfer agreements, and create an Innovation Research Centre in partnership with several other government agencies.
  • For its citizenry, DIUS will establish at least one national skills academy in every major sector of the economy to design and prepare optimal curricula and approaches for workforce development, create regionally based graduate-level university enterprise networks, and expand apprenticeship and training programs; and,
  • Perhaps most humbly, DIUS calls for the public sector to transform procurement processes to encourage innovation and to develop mechanisms to inspire and reward innovation in breaking down bureaucracy and overly burdensome procedures and regulations.

 

Innovation Nation is available at: http://www.dius.gov.uk/publications/ScienceInnovation.pdf