Day: February 4, 2019
Nordic Renewables Boom Set to Exceed Wind Energy Target
Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.
Paris Geothermal Boom Brings Deep Drilling to Crowded Suburbs
Squashed between a highway overpass and a towering suburban shopping center east of Paris, a drilling rig is completing the second of two geothermal wells aimed at capturing the earth’s natural heat for homes and offices.
Scientists Start $150 Billion Program to Cut Clean Energy Costs
Scientists and economists including BP Plc’s former chief executive officer, John Browne, are inviting governments to join a $150 billion program that aims to make clean energy cheaper than coal.
Carbon Market Overhaul Closer After EU Lawmakers Approve Plan
European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.
Japan Anticipates Clean Energy Will Edge Out Nuclear Power
Japan anticipates that by 2030 clean energy such as solar and hydro will generate slightly more of the nation’s electricity than nuclear power plants.
US Power Grid’s $2 Trillion Upgrade Needs European Efficiency
A $2 trillion push in the U.S. to blend renewable energy into the power supply and fortify transmission lines against extreme weather means that Americans must act more like Europeans to keep their power costs down.
Australia’s Biggest Power Producer Sees Future without Coal
Australia’s largest electricity producer committed to close its coal-fired power plants within 35 years as part of an effort to cut the nation’s dependence on the fossil fuel.
Australian Clean Energy Deadlock Spurs Companies to Focus Abroad
Political deadlock over Australia’s clean energy future is prompting companies such as Vestas Wind Systems A/S and Acciona SA to increasingly turn to rival markets for growth.
Clean Energy Spending Drops 15 Percent to Reach Lowest Level Since 2013
Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.
Yale Students Cited at Fossil Fuel-Divestment Protest
Yale University police cited 19 students after they staged a sit-in outside President Peter Salovey’s office to push for divestment from fossil-fuel companies.