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.
The renewable energy industry has come a long way in relatively little time. The costs of renewable technologies continue to go down, while renewable capacities at many utilities continue to go up. Although, in many cases, renewable technology is mature and ready for utility-scale deployment, state and federal production and investment tax policies appear less evolved.
Global warming is a term that pervades all international forums ranging from economics, food security, and energy production to security. Such is the importance of this debate that all nations have had to compromise on a mutual strategy to save energy and in turn reverse the perverse effects of global warming. This is an issue that might sound remo
When I worked at the New York Attorney General's Office, we sued coal-fired power plants because their air pollution was making people sick. But in some towns, I saw that the reliance on coal really had people in a bind. The coal plant was making them sick, but it was also a major tax generator for the town. If the plant closed, the town might have to lay off teachers and cops, in addition to losing the plant jobs.
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.
For many mining companies, the rallying cry for investigating solar or wind energy options has been that the price of oil and other conventional fuels is too high — and will almost certainly rise over time. Now, though, with oil prices having taken a dramatic nosedive, this argument no longer packs quite the same punch that it once did.
Last year the U.S. Environmental Protection Agency (EPA) proposed its aggressive Clean Power Plan (CPP), which calls to reduce carbon emissions 30 percent by 2030 over 2005 levels. States are required to submit reduction plans that can include increasing renewables, efficiency, and cap and trade programs by June 2016.
In a crammed Washington conference room last week, speaker after speaker seemed to apologize for their ‘broken record’ talking points as Bloomberg New Energy Finance and the Business Council for Sustainable Energy unveiled their annual Factbook. But, of course, they were only being honest — like 2013 before it, 2014 had been an unprecedented year for clean energy.
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.
Nuclear energy has been, and still is, a vital part of the current U.S. energy picture. It has provided a steady baseload energy source for decades, and this may continue — it is projected that U.S. nuclear plants will last another 50+ years. If you’re interested in clean energy generation, then at least nuclear isn’t a dirty fossil fuel like coal,
In a previous article, I had a conversation with former-CIA chief Jim Woolsey to discuss one of America’s greatest national security vulnerabilities, its power grid. The issues that Woolsey has been concerned with for over a decade has been the ease in which a terrorist group or other actor (think North Korea for example) could attack the grid and plunge the country into darkness for months, if not years. And if that seems far-fetched, just recall how a tree limb fell in Ohio in 2003 and blacked out the entire Northeast and part of Canada for several days.
Cleantech investing has taken quite a hit in recent years. Last year, CBS News highlighted the “cleantech crash” on U.S. primetime television, and Bloomberg New Energy Finance, a Bloomberg-owned energy data firm, has tracked the multi-year decline in cleantech investing. However, there are additional trends that tell another side of the cleantech story and suggest innovation and hope for a low-cost, low-carbon future are far from gone.
2015 got off to a rocky start for both the broad market in general, as well as clean energy.
With the rich history of cost overruns in the nuclear industry, Xcel Energy and Minnesota regulators shouldn’t have been surprised when the retrofit cost for the Monticello nuclear power plant ballooned to more than twice the original estimate. Regulators asked tough questions last year about whether the cost overruns were the responsibility of poo
Several enormous renewable energy infrastructure projects — the kind that kick-start revolutions — have been completed over the last few years. They may have their difficulties, and they may not be the perfect model for the future, but at the very least they serve as a reminder that some corners of money, power and influence are fighting the good
The recent dramatic plunge in oil and natural gas prices, to their lowest level since the global recession in 2009, has some observers worried about the effect on clean tech. Conventional wisdom has it that renewables have a tougher time competing when fossil fuels are cheap, making grid parity (in the case of natural gas-fired electricity) more elusive for solar and wind power.
Ending a year-long race that had been nip-and tuck every month, renewable energy sources cumulatively provided more new electric generating capacity in 2014 than did natural gas.
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.
Researchers at Chalmers University of Technology have discovered that the insulation plastic used in high-voltage cables can withstand a 26 per cent higher voltage if nanometer-sized carbon balls are added. This could result in enormous efficiency gains in the power grids of the future, which are needed to achieve a sustainable energy system.
Oil prices have fallen by more than half since July. Just five years ago, such a plunge in fossil fuels would have put the renewable-energy industry on bankruptcy watch. Today: Meh.