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.
A tool only has value if it’s used. For example, you could be the sort of person who’s set a goal of wanting to exercise more. If someone gives you a nifty little Fitbit to help you do that, and you never open the box, how useful, then, is this little device? The same is true about smart energy management solutions: good tools exist, but whether it’s calories or energy use that you want to cut, at some point those helpful devices need to be unpacked.
The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.
The UN climate conference in Lima set the stage for Paris in 2015. Next year’s accord is to provide a working, albeit not a final, answer to the question: Is it possible to keep global warming at or below the 2 degree Celsius limit? This limit is considered the boundary beyond which the negative climatic, economic and social consequences of climate change are thought to become intolerably severe and potentially irreversible.
Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.
President Obama has been under intense scrutiny for what he would do about climate change ever since he was elected in 2008. Part of that scrutiny takes place during his State of the Union Speech, when renewable energy proponents search for key words about solar and wind energy and count how often he mentions "climate change."
Not all alternative energy mutual funds are created equal. In a recent interview with the Wall Street Journal, a reporter asked me which alternative energy mutual funds were the most focused on renewables, noting that many mutual funds hold non-energy related companies such as Apple, PepsiCo and Google. The answer to this question is not as straight forward as one might think. This article sorts out which mutual funds are truly invested in the dynamic and growing green energy sector, and which ones are more peripheral.
What a difference a year makes: Germany's transition to renewable energy showed positive forward momentum, with increasing energy production from renewables, increased exports, decreased carbon emissions, and decreasing consumer prices. The ruling German CDU-SPD coalition is now pushing energy producers to improve on a new front: efficiency. 2014
Spending on renewable energy, which surged 16 percent in 2014, will remain strong this year, largely unaffected by the slumping oil prices that have artificially depressed their shares.
For the past 13 years, Clean Edge has published the annual Clean Energy Trends report that has sized the global market for solar, wind, and biofuels and tracked everything from venture capital and stock market activity to total global investments. This year, instead of issuing one single report, we'll be producing infographics, tables, charts, and webinars throughout the year – so be on the lookout in the coming weeks and months.
GDF Suez SA plans to double renewable power production capacity in Europe over the next decade as the utility shifts its focus away from developing more historic natural gas and nuclear energy sources in the region.
2015 marks my seventh annual list of ten clean energy stocks. An equal weighted portfolio of the ten stocks in each year's list has outperformed my industry benchmark every year except 2013. 2014 was no exception, but it was a bittersweet victory in that the model portfolio was slightly down while the benchmark lost considerably more in a very challenging year for clean energy stocks.
A 2013 report from the Bureau of Labor Statistics (BLS) found 3.4 million green jobs in the United States at the end of 2011. This is the latest data available from BLS, due to the elimination of its Green Careers program. On March 1, 2013, the across-the board spending cuts referred to as sequestration, required by the amended Balanced Budget and Emergency Deficit Control Act, came into effect. As part of those budget cuts, BLS stopped offering all “measuring green jobs” products.
California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state’s renewable energy mandate to 50 percent.
In June, the U.S. Environmental Protection Agency (EPA) proposed a rule to restrict the amount of carbon dioxide released from power plants. The rule calls for reducing carbon 30 percent by 2030 over 2005 levels. Many have praised the aggressive proposal, while others are less favorable.
In May of 2014, Speaker of the House John Boehner responded to a climate change question with, “listen, I’m not qualified to debate the science over climate change. I am astute to understand that every proposal that has come out of this administration to deal with climate change involves hurting our economy and killing American jobs. That can’t be the prescription for dealing with changes to our climate.” Speaker Boehner is not the only one reluctant to enter into the debate on climate change. In a March interview Mitch McConnell responded to a climate change remark with, “For everybody who thinks it's warming, I can find somebody who thinks it isn't…”
As the holidays wind to a close and we ring in the new year, sit back and relax with your favorite libation and enjoy our most popular videos of the year. We guarantee you will learn something new.
At the close of each year, we like to take a look back to see which stories made an impact on our readers. This year's most read articles show the many twists and turns that the industry took this year and reveal interesting trends for us as editors and for other industry insiders.
The online community of readers who visit RenewableEnergyWorld.com is an important aspect of the news and information that we offer renewable energy stakeholders. We often post news that we feel will get people to view important topics from new angles, offering insights and opinions about technology, policy and more. Often that leads to engaging and informative discussions that add even more value to the article that we have posted.
Developers, manufacturers, investors and other renewable energy industry stakeholders need to know where the next big market is going to be so that they can adjust their business decisions accordingly.