4:00am

Fri September 21, 2012
Morning Trail Mix

Defense identified as crucial market for renewable energy

Welcome to the Innovation Trail Mix for Friday. 

As we've been reporting, folks are biting their nails over the delay with the Farm Bill.

“Government is the public’s independent reviewer,”  assures DEC Environmental Commissioner Joe Martens.

Investment in NY tech hits a five-quarter low.

Governor Cuomo announces a series of regional tours starting in October to assess the progress and implementation of economic development plans.

The Insurance industry has launched a task force on hydrofracking.

Government

As Karen DeWitt reported, the DEC's Environmental Commissioner is concerned about law suits if fracking begins in the state. 

The Innovation Trail's Ryan Delaney packaged up the key shopping lists from the Regional Economic Development Council's second round of submissions; a handy guide for Governor Cuomo on his imminent monitoring trip as Gannett's Jon Campbell reports.

And state Comptroller Tom DiNapoli says that state tax receipts were $147 million below projections reports the WSJ

Business

Rochester area exports increased by $400 million in the year 2010-2011 reaching $5.5 billion reports the RBJ.

New York's piece of the tech investment market is down a rather large 87% from last year, with California grabbing three-quarters of all funds invested in the sector reports crainsnewyork.com.

Xerox has secured a $72 million contract with the state of Nevada to implement its program for information sharing about healthcare options. (RBJ.)

Energy

We hope to update our breakdown of "The Costs of Fracking" report released yesterday with some reaction from industry later this morning.

The WSJ has linked to an interesting abstract for a report (way to expensive for the IT budget!) that says that the DOD has set ambitious energy reduction targets for all branches of the armed services including provision of 3 gigawatt generating capacity at all military facilities.

The Rochester-based defense communications supplier Harris RF are on a roll with the announcement of a third contract for equipment in as many days reports the Rochester Business Journal.

The NYTimes must be following us, as they're also talking about the impact of the possible end to Production Tax Credits for the renewable wind energy sector.

The Independent Insurance Agents & Brokers of N.Y. Inc. has launched a task force to examine insurance issues associated with the potential introduction of hydrofracking in the state reports the Insurance Journal.

And The Post-Standard passes on the warning to be careful about buying your energy from unregulated energy service companies.

Employment

ADT Security is adding 100 new jobs to it's Henrietta call center reports Tom Tobin at the D & C.

Agriculture

North Country Public Radio's David Sommerstein reports that if the House of Representatives Farm Bill isn't passed by the end of the month, noone really knows what will happen.

And Central New York Congresswoman Ann Marie Buerkle tells WRVO's news director Catherine Loper that uncertainty about the bill is a "big deterrent to our economy."

Bits and Pieces

Here are four attributes of a robust innovation economy according to this informationweek.com author.

This Rochester entrepeneur has some really cool looking shades as photographed by the D & C.