Archive for June, 2016

More News and Commentary

South Dakota’s Governor Writes a Pro-Renewables Op-Ed

Gov. Dennis Daugaard for the Rapid City Journal: In the past decade South Dakota has seen tremendous job creation and capital investment in renewable energy. Wind power has led the way by contributing over $2 billion in direct capital investment and directly creating well over 500 new jobs. Those wind power jobs are in operations […]

June 30, 2016 Read More →

Study: As California’s Energy Transition Has Taken Root, Its Economy Has Grown

Mark Anderson for the Sacramento Business Journal: Since 1990, California has seen a 36 percent drop in emissions per GDP while growing the state’s economy, said Adam Fowler, research fellow at Beacon Economics, which conducted the study for Next 10. “For years some people have argued that increased emissions and economic growth go hand in […]

June 30, 2016 Read More →

In ‘Three Amigos’ Energy-Transition Agreement, North America Grows Closer as Europe Fractures

Jean Chemnick and Emily Holden for E&E: North America’s energy politics got a little more intertwined yesterday as President Obama, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto agreed to green the continent’s power and petroleum sectors and present a joint front across a range of international negotiations. Environmental activists, many of […]

June 30, 2016 Read More →

World Bank Makes a Bet on India Solar Expansion

From Reuters: The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head. Modi is banking on India’s 300 days a year of sunshine to generate power and help fight climate change rather […]

June 30, 2016 Read More →

Brexit Notwithstanding, U.K. Increases Carbon-Emission Reduction Goal to 57%

Selina Williams for the Wall Street Journal: The U.K. will continue with its climate change policy regardless of last week’s vote to leave the European Union, Britain’s Energy and Climate Change Secretary Amber Rudd said on Wednesday. “While I think the U.K.’s role in dealing with a warming planet may have been made harder by […]

June 30, 2016 Read More →
Lessons for When the Power Plant in Your Town Closes

Lessons for When the Power Plant in Your Town Closes

How an Upstate New York Community Organized Around Common Goals and Gained a Lifeline to Economic Transition

NRG Energy’s Huntley plant in Tonawanda, N.Y., closed three months ago because the NRG couldn’t make a profit off selling Huntley power into the market. “We don’t foresee any scenario where the plant would be economically viable,” an NRG spokesman said when the plant’s closing was announced this past December. “This is a reflection of […]

U.S. Coal Companies Spent Millions on Executive Bonuses and Lobbying Before Filing for Bankruptcy

Jennifer A Dlouhy for Bloomberg News: Five coal-mining companies spent $95 million to lobby U.S. lawmakers and more than half a billion dollars on salaries for top executives in the decade before they filed for bankruptcy, according to a report by an environmental group. At the same time, the companies — Walter Energy Inc., Patriot […]

June 29, 2016 Read More →

U.S. Solar Industry Poised for ‘Most Prosperous Decade Ever’

Matt Weiser for The Guardian: The US solar energy industry is now entering what may be its most prosperous decade ever, thanks to a new wave of federal and state policies and positive economics in the industry, both at home and abroad. “I think it will actually be bigger than people are projecting,” says Jigar […]

June 29, 2016 Read More →

Op-Ed: How to Finance a New Climate Economy

Felipe Calderón for the Financial Times: If we continue on our current high-carbon economic model, the world will need to invest more than $90tn in infrastructure. But it won’t cost much more to build our energy, transport, water, and telecommunications systems in a low-carbon way. Making our infrastructure cleaner and more sustainable could add as […]

June 29, 2016 Read More →

On the Blogs: 800-Megawatt Dubai Solar Park Project Suggests the ‘End Game’ for Coal

Mark L. Clifford for Forbes.com: Dubai announced June 27 that it would build a massive 800-megawatt solar plant that will produce electricity at an average cost of 2.99 cents a kilowatt hour, substantially below what even coal-fired power plants charge. This rock-bottom price offered by the developers doesn’t benefit from any obvious subsidies and is […]

June 29, 2016 Read More →