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U.S. Energy Secretary Seems to Have Learned Nothing From His Texas Electricity Failures

Texas Observer: In late 2005, then-Governor Rick Perry was in the middle of a protracted battle with a coalition of environmentalists, renewable energy advocates, mayors and local leaders. TXU, the state’s largest utility, had announced that it wanted to build 11 new coal plants. At the time, natural gas and coal made up about 46 […]

October 20, 2017 Read More →

California and New Mexico AGs Sue to Restore Closure of Loophole on Coal Taken Off Federal Lands

Law 360: The attorneys general of California and New Mexico have again gone to court to challenge a U.S. Department of the Interior decision to revoke an Obama-era rule tweaking royalty calculations for oil, gas and coal extracted from federal and tribal lands, arguing Tuesday that the regulation was repealed without adequate consideration. California AG […]

October 20, 2017 Read More →

As Blackout Drags On, Uncertainty Over Whether Puerto Rico Will Modernize Its Grid

E&E: The facts also are that Puerto Rico remains a disaster area unlike  anything the nation has experienced in modern times, said Tomás Torres of the Institute for Competitiveness and Sustainable Economy of Puerto Rico. “After a month, 90 percent of the people of Puerto Rico are without power,” Torres said, interviewed as he traveled […]

October 20, 2017 Read More →
IEEFA Update: Are Investors in Asian Coal Starting to Think Twice?

IEEFA Update: Are Investors in Asian Coal Starting to Think Twice?

Signs That Risk Perceptions May Be Shifting as Markets Evolve

Human nature is to juggle contradiction and remain hopeful in the face of adversity. But investors are supposed to be hard-eyed cynics. What, then, to make of financial professionals smart enough to pose shrewd questions about the impact of climate change on the coal industry but willing to settle for illogically incomplete answers? This is […]

October 20, 2017 Read More →

IEA Report: Renewables Will Supplant Coal in Alleviating Global Electricity Poverty

Carbon Brief: Around the world, more than a billion people still lack access to electricity. This number is shrinking, down by one third since 2000, despite rising population levels, according to an International Energy Agency (IEA) special report on energy access, published today. The report says that while coal has supplied nearly half of the […]

October 19, 2017 Read More →

‘Plug and Play’ Solar Finds Markets in Nebraska and Ohio

Midwest Energy News: Utility customers in Ohio and Nebraska are among those taking advantage of a new and simpler technique for connecting solar arrays and other renewable energy systems to the grid. ConnectDER, as it’s known, generally eliminates the need to enter a home and it greatly reduces the amount of electrical work required. “It […]

October 19, 2017 Read More →

IEEFA Update: Where Puerto Rico Goes From Here

Modernize With Microgrids and Renewables or Rebuild the Status Quo? (Webinar: Tuesday, Oct. 24, 11 a.m. ET)

The future of Puerto Rico’s electricity system is on the line now as planners, policymakers, special interests, and politicians negotiate how the U.S. commonwealth will rebuild its shattered electricity grid. Long-running research by our organization  has documented how the Puerto Rico Electric Authority (PREPA) has been historically and chronically mismanaged and how it has been […]

October 18, 2017 Read More →

Puerto Rico’s 10 Biggest Vulture Funds (and the Individuals Behind Them)

In These Times: When Puerto Rico declared a form of bankruptcy in May, it was the largest municipal bankruptcy debt in U.S. history. Puerto Rico’s more than $74.8 billion in debt and $49 billion in pension system obligations surpasses Detroit, Mich.’s $18 billion bankruptcy in 2013. Much of that debt is interest. According to a […]

October 18, 2017 Read More →

As Coal Slips in Texas, Wind Picks Up

Quartz: Although the White House is leading a campaign to burn more coal, states and utilities are largely ignoring the call. In April, West Virginia rebuffed efforts by Democratic governor Jim Justice to revive its moribund coal industry. On Oct. 13, Texas announced it, too, was turning to renewables. The retirement of three coal-powered plants […]

October 18, 2017 Read More →

Op-Ed: A Train to Nowhere

The Guardian: The dispute over the Adani Group’s proposed Carmichael mine and the associated port at Abbot Point has long been cast as a choice between jobs and the environment. We are promised an economic bonanza with 10,000 jobs and billions of dollars in royalties and taxes. For hard-pressed cities like Townsville and Rockhampton and […]

October 18, 2017 Read More →