Buildings and Grid:

 

Anne Davon: Carbon War Room - brief description of the Carbon War Room. 

 

Graham Andrews: went from a small group in Australia, grew quickly into a world market. Their air conditioning system uses 1 kw, but creates much more hot water and. 7.5 killowatts of cooling with 1 killowatt. 90% fresh air. Reducing costs of overhead... Andrews describes his technology. IN the last three yeats. COP 3 to 10. Coficciency of performance increasing. It works better. 

They have only 250 buildings at this point. They are liscensing people to make it elsewhere. JC: "Are you looking for investments? Are you public" 

They are using. 200 million unitis - refits. People are realizing that they can recover their space... Their equipment is a little smaller and lighter. They can use natural gas. Reuse the existing space. 

 

James - they raised  100 million dollars and spent it quickly. He discoverd that there aren't very many long term investors. Buy a building, take it over. They think they can prove con.... 

 

Institutional investors. Have... GE sees itself as an aggregator of technology. They need to be our friends. But we also. 

 

Anne: Siemens says that they are the greenest provider, but when the retrofit a building, they don't retrofit the entire thing... still need capital.

 

IFC: Rachel Kyte: worked with bank to create green mogages. What is interesting now is that the energy around this is from the city level. We're getting interest from Bogota, Jakarta, what are all the levers they can pull. When you talk to mayor of bogota, they want the city to be a place where green investors come. Can they retrofit the city and do component manufacturing. But fixing public-private, means working with the banks. 

 

Kevin: They have learned a lot... they have a software that figures out how to improve the building. Realizing that heatings and air conditioners are . "this happens in every building" "typical payback 3 to 6 months" "you need a system like this that can take control, because people sitll don't know how to run these buildings." "without question is that to pick up the 100 efficiency on the ground is because they need 30 to pick it up and they 

only real low hanging fruit: lighting, lighiting conteol, windows conteol, vuilding energy managment -- cut 38% empire state buiding--almsot any building can cut 50%. Everyone woudl do this if there were no up front credit. you can't even ask about their credit. You have to create a way to do thea t

pace almsot did it. they blew up.

(they use DOE 2 and equest.) the building owner doesnt' want any ownership. How to do it? Come up with unique financial mechanisms. The problem is that the entire ESCO is that it can only chop out 5,000 buildings a year. it is hard for them to do commercial. 5million buildings in US. At 250,000 a year, too slow. 

 

JC: we have great ideas, but we need to take them to scale. 

 

Kevin Surace: Discussion of how hard it is to put boilers in the basements. 

No one will ever figure out how to do this because ... but hold it, 25% of the commecial buildings are owner occupied. a million buildings. There is plenty to work on! 

I don't have a soluiton, or at least one I can talk about. 

the problem is isn't technology. 3 years. let's say i pay 1 million a year. kevin comes in and say he is going to save you 3 million years, but you have to pay 3 million now. but he doesn't have 1 million, because he has 87,000 now. 

and just when we were trying to make this happen the building industry collapsed. 

 

JC: 

 

Kevin: a typical state fund could have a few hundred billion in funds they have. There are myriad of funds.

 

Rachel: What about the funds that have green desires?

low income houses in Mexico - had to make the houses sustainablity because then you are condeming the poor to high energy bills. Why doesn't a low income family. what is interesting is rajastan. it is "home of solar" a very low income state that has aspirations. the state govenmrnt. these buildings have to be as efficient as possible. 

From going to city and bringing everyone together... the empowerment of the person who lives there is higher if they have low income housing. You need the women to tell other people. All interesting dynamics. 

in Bogota, the retrofits are all private banking. If we develop this product. 

Andrews: The natural gas air conditioners avoid the heating and cooling peak. 

 

Aimee: other players? 

 

Ann: we have creating climate wealth in May. 

 

Stan: we want to announce the API of Ven. It is the only green currency. There is a new open API where you can pay with Ven. Allow web based micro-payments to pay. 

Cocktail party at 6:30 to 8:30