Clean Energy Companies Beat the Stock Market
Stocks of clean-energy companies are proving to be better investments than those of companies that produce most of the Western Hemisphere's power, and are outperforming the rest of the stock market as well. The evidence is found in the New York Stock Exchange Bloomberg Americas Clean Energy Index.…
‘Snail’s Pace’ in Climate Talks, Weak Pledges Frustrate UN Chief
The secretary general of the United Nations is frustrated with the pace of negotiations for what’s intended to be a crucial agreement limiting global warming. Climate change pledges submitted so far from the world’s leading economies won’t be enough to keep the planet from warming dangerously, UN…
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.
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.
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.
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.
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.
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.
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.
Ethanol Groups Say EPA's Proposal Crushing Growth of Industry
An Obama administration proposal last month to cut quotas for renewable fuels led to a rout in ethanol credits and handcuffed the industry’s growth, biofuel groups said Thursday.