We’re now more than a year into the release of the first two major players in the electric vehicle (EV) market—Nissan’s all-electric Leaf and Chevy’s hybrid-electric Volt, and results so far are decidedly, well, undecided.
Looking at the four years measured in billions (B) of dollars, residential numbers climbed from $7B to $10B to $14B to $25B. Nonresidential grew from $3B to $25B to $47B to $60B. In all, green construction represented 44 percent of the building market in 2012.
“The economy is inching its way to improvement, and the construction industry has not stopped working.” So says FMI Corp., the largest provider of management consulting and investment banking to the engineering and construction industry.
It’s been said that, if you talk to three economists, you will get no less than four different and equally plausible explanations for why the economy is the way it is. This same principle could be applied to recent observations about the nation’s housing market.
President Obama gave his State of the Union Address in February, and between all the political rhetoric and criticism, there were signs that the administration’s direction could affect the construction industry.
It makes sense that, as each form of digital technology goes wireless, the process of charging up all those devices would eventually go wireless, too. Soon, even electric vehicles (EVs) will have the ability to charge up without wires.
It’s almost an axiom of technology that some of the greatest innovations in consumer electronics come from the military. For example, microwave ovens are linked to the first radar technology developed by the military in World War II.
With all of the help and all of the hype they have enjoyed in the last few years, renewables are starting to get their proverbial legs underneath them. That is not to say they have progressed beyond the point where they could use some assistance from the public sector.
Despite continued uncertainty about the economy, Americans are showing increased confidence in the housing market and the direction of the economy, according to Fannie Mae’s November 2012 National Housing Survey.
Just as every new technology thrives on its own promise, drawbacks and flaws in the initial design also hold back progress. For example, computers were once the size of a room. Calculators were initially too expensive for most people to own.
I’d like to tell you that 2013 will be the year the economy comes roaring back, with prosperity for all and customers lining up to acquire our services without any effort on our part. I can’t do that (but don’t let that worry you too much).
While the smart grid has been the topic of much conversation lately, specifics on what this supposed technical marvel will do, cost or look like in actual utility installations have been notably lacking.
With all of the attention given to new, clean sources of power in this country, it is sometimes surprising, if not a little disheartening, to learn that other countries actually have bested us in one measure or another.