Los Angeles, California (PRWEB) December 5, 2006
Gurminder Singh, the Co-Chairman of the Green Technology Institute at UCLA, is assisting various US-based green, clean and environmental companies to explore and invest in India's growing economy. A recent fact finding business tour of India by a client of the institute, APTO, Inc, was able to initiate the development of a multi-million dollar Integrated Biorefinery Complexes to be established in three Indian States.
The Green Technology Institute is the brainchild of Gurminder Singh and Les Hamasaki the Managing Director of The Tom Bradley Legacy Foundation, part of the Tom Bradley International Hall UCLA. The institute works with various US and International local, state and federal level initiatives to showcase viable solutions, innovative entrepreneurs and their green technology development companies. The Institute is committed to reducing America's dependence on foreign oil and developing energy efficient technologies for buildings, homes, transportation, power systems and industry. Its mission is to strengthen America's energy security, environmental quality, and economic vitality in public-private partnerships that make a difference in the everyday lives of Americans by enhancing their energy choices and their quality of life. Program are conducted in partnership with the private sector, state and local government, USDA & DOE laboratories, universities and other stakeholders.
Gurminder Singh is a noted authority on finance, enterprise, business and technology development. Gurminder is also technologist and has broad business experience developing practical applications and strategies for various companies in high technology, green technologies and enterprise development. He currently applies his technical expertise and business experience to offer organizational development, business re-engineering, technical consulting and capital formation, with special emphasis on green technologies and organizational development. On the occasion of the First Annual Tom Bradley Achievement Award and Dinner event on September 29th, 2006 at the Millennium Biltmore Hotel, honoring Mayor Antonio Villaraigosa and Gurminder Singh was also honored by various state official representatives of City and County of Los Angeles inclusive Fabian Nunez, Speaker of the California State Assembly and US Congresswoman Grace Napolitano for launching the Green Technology Institute, a initiative of Tom Bradley Legacy Foundation at UCLA, http://www.tombradleylegacy.org
A robust fusion of the agricultural, industrial biotechnology and alternative energy industries can create a new strategic national capability for energy independence, climate protection and new prosperous new business opportunities for US-based green technology companies in India. As a result of the fact finding business tour arranged by Gurminder Singh, senior executives of APTO, Inc visited New Delhi and met with various Indian Federal Ministers, State level Chief Ministers and other Permanent Secretaries of various ministries to explore opportunities in India's expansion into the alternative energy and biofuels marketplace.
This meetings led to the initiation of business negotiation with Indian state-owned and private companies partners to soon establish APTO Biofuels India to initially invest USD$150 to 200 Million in the first phase to acquire sugar mills, expanding them into ethanol refineries and developing 3 to 6 Integrated Biorefinery Complexes. In the next phase, APTO Biofuels India will expand to a total of 20 Biorefineries at a total investment of USD$1.3 Billion. The global alternative energy, biofuels, green, clean and environmental technologies represent a USD$650 Billion marketplace for US-based companies.
America and India's Energy Challenges
The triple energy-related challenges of the 21st Century are economic, energy security, and climate protection. United States and India both imports about 60% to 70% of the petroleum it consumes and that dependency is increasing. Since both economies are tied so closely to petroleum products and oil imports, disruptions in oil supplies can result in severe economic and social impacts. Conventional oil production will peak in the near future, and the resulting energy transition will require a portfolio of responses, including unconventional fossil resources, alternative energy and biofuels. Environmental quality and climate change due to energy emissions are additional concerns.
One reason that biofuels have achieved such a high place on the global agenda is that demand for energy is rising and is certain to continue to rise in the coming decades. Energy use is predicted to jump in many parts of the developing world, where use of marketed energy has been very low until now. Indeed, some 2.5 billion people still have little or no access to modern energy. The growing potential of biofuels appears to create a substantial opportunity for the world's farmers. Can small-scale farmers and poor people in developing countries take advantage of this opportunity? The Green Technology Institute is committed to working with US-based green entrepreneurs to export their products, services and expertise to developing countries like India in order to reap the benefits of creating jobs and developing expertise for advance green technologies in the US.
Energy crops could provide farmers with an important source of demand for their products. About 80 developing countries, for instance, grow and process sugarcane, a high-yielding crop in terms of photosynthesis efficiency that can also be used to produce ethanol and other value-added by-products. With international sugar prices moving generally downward until recently, partly owing to protectionist sugar policies in some OECD countries, sugarcane production for ethanol has become a more attractive option for developing country farmers. Other energy crops include maize, soybeans, rapeseed, and oil palm.
An aspect of renewable-fuel applications that has received relatively little attention is the growing demand for energy in the developing world. As these countries improve their living standard, energy demand per capita will increase, and an important element will likely include increased mobility through use of more public transportation and personal vehicles. Thus, the challenge will not be how to reduce petroleum use but instead how to meet a growing demand for transportation fuels that support improvements in the lives of more and more people around the world. In other words, the perspective should not be simply a myopic viewpoint to insulate the United States from petroleum shortages and resulting economic and strategic disruptions that are inconvenient to our high living standard, but should be on how to provide sufficient fuel to raise the standard of living for the much larger population of the rest of the world. An added benefit is that bioethanol could be made in many countries, including the United States, that have limited petroleum resources, helping them to reduce their trade deficit and grow their economies.
The production and use of biofuels have entered a new era of global growth, experiencing acceleration in both the scale of the industry and the number of countries involved. Surging investment in biofuel production is being driven by a variety of factors, including the development of more efficient conversion technologies, the introduction of strong new government policies, and, primarily, the rising price of oil. Underlying the commitment of an increasing number of governments to biofuel development is the desire to find new markets for farmers and their products and to reduce emissions of greenhouse gases.
Recently, California Governor said, "The debate is over. We have the science. We see the threat. And we know the time for action is now!" California Gov. Arnold Schwarzenegger told a rapt audience of hundreds of mayors, politicos, environmentalists, biofuels and fuel-cell geeks gathered at San Francisco's City Hall on Wednesday afternoon for the first official day of the five-day green fiesta known as U.N. World Environment Day 2005.
If California were a nation, it would be among the 10 largest sources of greenhouse gas pollution worldwide, according to the Natural Resources Defense Council, an environmental advocacy group. So the Republican governor signed an executive order setting ambitious new greenhouse-gas emission reduction targets for the state. They would reduce California's greenhouse-gas emissions to 2000 levels by 2010, to 1990 levels by 2020, and to 80 percent below 1990 levels by 2050. The governor is leading the way to announce his support for alternative energy, biofuels, green and environmental technologies to counter the threat of global warming and increases in greenhouse gases by implementing elements of the Kyoto Protocol's green emission trading program.
Breakthrough technologies to realize the potential of cellulosic biofuels can be expedited by application of a new generation of biological research created by the genome revolution. Overcoming barriers to development of these fuels on an industrial scale will require high-performance energy feedstocks and microbial processes, both to break down feedstocks to sugars and to ferment sugars to ethanol. A focused set of investments linking revolutionary biofuel technologies with advances from the biological, physical, computational, and engineering sciences will quickly remove barriers to an efficient, economic, and sustainable biofuel industry.