Chile Gets Cleaner at a Profit with Renewable Energy Push
Policies favoring clean energy and increased competition would normally dim prospects for existing producers. Not in Chile, where foreign investors are driving a renewable boom at a time of surging returns by local utilities.
Carbon Emissions Stop Rising for First Time in 40 Years
Global emissions were unchanged last year, the first time that’s happened amid economic growth in four decades, according to the International Energy Agency.
Sweden, Norway Increase Renewable Target Amid Power Glut Concern
Sweden and Norway agreed to boost their target for renewable energy production amid concerns the additional capacity will exacerbate a power glut and strain the region’s electricity grid.
Texas Senator Seeks to Dismantle What He Helped Create: The Renewable Portfolio Standard
Sen. Troy Fraser (R-Horseshoe Bay) has filed a bill that would eliminate Texas’ Renewable Portfolio Standard (RPS) – a policy that has catapulted Texas to world leadership in wind energy and strengthened Texas’ energy diversity. In addition to terminating the RPS at the end of the year, SB 931would make it more difficult to build renewable energy infrastructure. The argument behind the bill is that because Texas has achieved its RPS goals it’s time to move on. Sounds reasonable, right? Well…
Obama Orders US Agencies to Cut Carbon Emissions 40 Percent by 2025
President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.
Financing Climate-concious Investments in Latin America
Following the conclusion of the United Nations climate negotiations in Lima, Peru, last December, a busy schedule of breakout sessions has begun for Latin American business and political leaders in early 2015.
Tidal Lagoon’s Next Plant May Produce Power on Par with Nuclear
The U.K. company planning the world’s first tidal-lagoon power station said its next plant may generate electricity at almost half the price.
Ex-Employees Accuse Ormat of Lying to Receive 1603 Cash Grant Awards
Ormat is a successful developer of geothermal energy projects. Two former employees have brought a lawsuit alleging that Ormat made inaccurate 1603 Cash Grant submissions to obtain grants for projects that should not have qualified for such grants.
Beijing to Shut All Major Coal Power Plants to Cut Pollution
Beijing, where pollution averaged more than twice China’s national standard last year, will close the last of its four major coal-fired power plants next year.
Market Forces Signal Clean Energy’s Watershed Moment