Obama Proposes $4 Billion for States Beating Climate Goals
The Obama administration is proposing a $4 billion fund to reward states that exceed cuts in greenhouse-gas emissions, and wants Congress to back steeper royalty rates for oil, gas and coal extraction from public land.
California's Clean Tech Industry Best in US for Jobs and Investment
California’s bet on green energy is paying off, with clean technology companies creating more jobs and investing more money than competitors in any other state.
Enel Putting Final Touches on Yieldco for US Renewable Assets
Enel SpA is putting the final touches on a yieldco that would hold its U.S. renewable energy assets, making it the latest power-plant owner to opt for a structure that frees up capital.
India Renewables Boom Aided by International Funds
India said cheaper credit along with foreign investment will help the world’s third-largest polluter fund an ambitious renewable energy program that would build green power plants faster than China.
Geothermal Saves Kenya $24 Million of Fuel Monthly, Says KenGen
New power-generating units at Kenya’s Olkaria I plant are saving East Africa’s biggest economy about 2.2 billion shillings ($24 million) a month on fuel costs, according to the country’s biggest electricity producer.
Harvard’s Star Alumni Urge Week of Fossil Fuel Protests
Actress Natalie Portman, environmentalist Robert F. Kennedy, Jr., and other high-profile Harvard University alumni are calling for demonstrations to urge divestment from fossil fuels.
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.
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.