Day: February 4, 2019
Scotland Rejects Independence, But Concerns Linger for a Renewables Future
Scotland’s decision to vote no to independence from the United Kingdom of Great Britain and Northern Ireland has elicited a collective sigh of relief from energy sector players. Those companies with significant investments in Scottish renewable energy assets had understandably been anxious over the…
RGGI Chair Says States Won’t Leave Emissions Trading Market for California, Quebec
California and Quebec, which together created the largest carbon market in North America this year, may come away empty-handed as they woo northeastern U.S. states to join their system.
UN Climate Summit Heats Up Discussion on Global Warming, Carbon Emissions
More than 100 world leaders converged upon New York City today to discuss international efforts to reduce carbon emissions and combat climate change. The list of speakers at the UN Climate Summit included U.S. President Barack Obama, UK Prime Minister David Cameron, Brazilian President Dilma…
US-China Rifts Put Aside for Clean Energy Research
The threat of climate change is driving China and the U.S. — frequent rivals and the world’s two largest greenhouse-gas emitters — to collaborate on dozens of potential clean-energy breakthroughs.
Siemens Tidal Energy Project Suspended
Marine Current Turbines (MCT), the tidal energy company owned by German engineering giant Siemens has announced that it has suspended development of a planned 10 MW tidal array in Wales.
Obama’s International Climate Strategy: More Grease for Renewables
It was good news for renewable energy when President Barack Obama in June proposed carbon dioxide restrictions on existing power plants. It is even better news now that he may use the plan to leverage an international climate accord.
Ten Clean Energy Stocks for 2014: September Update and Thoughts on the Finavera Deal
Clean energy stocks and the market in general rebounded strongly in August. My broad market benchmark of small cap stocks, IWM, rose 4.5 percent, returning to positive territory up 1.7 percent for the year. My clean energy benchmark PBW also jumped back into the black with an 11.1 percent gain…
Eco Wave to Raise $5 Million to Accelerate Ocean Energy Plans
Eco Wave Power, based in Israel, plans to raise $5 million by the end of the year to further develop its technology and projects that harness the power of the ocean to generate electricity.
Divesting from Fossil Fuels: Last One Out Loses
A new report written by Nathaniel Bullard at Bloomberg New Energy Finance (BNEF) highlights the difficulties large institutional investors would have divesting from fossil fuels. What it does not specifically discuss is that these difficulties could lead to large financial losses for investors who…
Exploring Finance Options: Yield-cos Don’t Fit the Bill for Many Renewable Energy Companies
Yield-cos have been grabbing headlines lately. Typically, large utilities spin off their high-yield alternative energy operations into separate smaller companies called yield-cos. These new companies are then taken public to attract individual and institutional investors.