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.
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.
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.
EU Raises Concern That UK, France Won't Meet Renewables Goal
The European Commission raised concern that the U.K. and France may not meet their 2020 renewable energy targets, saying the two countries should examine whether they’re doing enough to reach the goals.
Where Coal Was King, Pope's Climate Warning Faces a Tricky Sell
In West Virginia, where workers have harvested coal seams for centuries, Pope Francis’ new warning about the risks of fossil fuels will find skepticism even among the faithful.
German Utility's Race for Renewables Seen as Too Little, Too Late
RWE AG, the German utility whose coal-fired plants make it Europe’s largest carbon emitter, officially started the company’s largest renewables project on Thursday: a wind farm in Liverpool Bay off Britain’s coast.
The Way Humans Get Electricity Is About to Change Forever
Trillions of dollars will be invested in renewable energy over the next 25 years, driving some of the most profound changes yet in how humans get their electricity. That's according to a new forecast by Bloomberg New Energy Finance that plots out global power markets to 2040.
Renewables to Beat Fossil Fuels With $3.7 Trillion Solar Boom
Renewable energy will draw almost two-thirds of the spending on new power plants over the next 25 years, dwarfing spending on fossil fuels, as plunging costs make solar the first choice for consumers and the poorest nations.
For All Their Talk, Colleges Divest Little After Climate Protest
Stanford, Oxford and Georgetown universities have won praise for promising to purge their endowments of direct investments in coal, embracing the fight against climate change.
Australian Renewable Energy Law Paves Way for $11 Billion in Projects
Long-frustrated wind and solar developers in Australia can now get to work on more than A$14 billion ($11 billion) in projects after a new renewable energy target passed parliament.
