This afternoon’s Daily Sprout comes to you courtesy of GigaOM Pro Green IT curator Jeff St. John, who brings daily news updates, weekly articles, and long form reports to the subscribers of GigaOM Pro (the daily bits are available to all on the Green IT page).
Senate Bill Would Make Energy-Efficient Mortgages Mainstream: Sen. Michael Bennet (D-Colo.) plans to introduce the SAVE (Sensible Accounting to Value Energy) (PDF) act, a bill that would force lenders to calculate household energy costs before issuing a federally insured mortgage, after the August congressional recess.
Yingli Quarterly Profit Tops Wall Street View: Chinese solar company Yingli Green Energy posted second-quarter earnings of $32.1 million, or 21 cents per share, beating Wall Street expectations of 19 cents per share.
Largest U.S. Ocean Device Generating Electricity: Ocean Renewable Power Co. reports that its 60-kilowatt tidal turbine off the coast of Maine has been delivering consistent power to the state’s grid, good news after a previous first test turbine broke down in the Bay of Fundy.
Tesla Co-founder Eberhard on 500-Mile Rang EV: “Electric vehicles will have a range of more than 500 miles within the next 10 years. That is the view of Martin Eberhard, a man who sprang to prominence when he co-founded the Tesla electric sports car company in July 2003.”
10 Year VC Returns Turn Negative: “U.S. VC funds posted their first negative 10-year returns in a decade, according to new data from Thomson Reuters.”