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6.7-Million-Customer Michigan Utility Announces Coal Phaseout

AP: Consumers Energy will phase out electricity production from coal by 2040 to slash emissions of heat-trapping gases that cause global warming, the Michigan utility’s president and CEO told The Associated Press. The utility plans to generate 40% of its power from renewable sources such as wind and solar energy by then, Patti Poppe said […]

February 20, 2018 Read More →

U.S. Coal: ‘Fewer and Fewer Customers’

Bloomberg News: The big problem for Cloud Peak and fellow miners is there are fewer and fewer customers. Between the end of 2011 and 2017, America’s coal-fired power plants lost 15 percent of their generating capacity, from 306 gigawatts to 261 gigawatts. Another 12.5 gigawatts of plants are scheduled to close this year, making 2018 […]

February 20, 2018 Read More →

Wyoming Coal Producer Pins Its Hopes on Asia

S&P Global Market Intelligence: Cloud Peak Energy Inc. is focusing on international markets and the prospect of diminishing utility stockpiles for future coal sales, as limited port capacity and potentially low gas prices threaten 2018 production levels. The coal producer reported a net income of $17.8 million in the fourth quarter of 2017, a 27.2% […]

February 20, 2018 Read More →

Ohio Continues to Thwart Wind-Industry Potential

Associated Press: Wind energy’s future in Ohio is at a crossroads. Two much different proposals — one easing restrictions stifling new wind farms and another adding more hurdles for future development — are being pitched to state lawmakers and regulators. Ohio over the past three years has seen new plans for large-scale wind projects come […]

February 20, 2018 Read More →

EU Can Get 34% of Its Electricity From Renewables by 2030

Bloomberg News: The European Union can boost the share of renewables to 34 percent of its energy mix by 2030, triggering hundreds of billions euros in investment and accelerating reduction of greenhouse gases blamed for global warming, according to the International Renewable Energy Agency. Lawmakers in the 28-nation bloc are currently discussing policies for the […]

February 20, 2018 Read More →

Why Is Kosovo Going Ahead With a Lignite Coal Power Plant?

TheEcologist.org: In 2016 the Institute for Energy Economics and Financial Analysis (IEEFA) released a study of the project, finding that low-to-middle-income households will end up spending 18 percent of their annual incomes on electricity as bills increase to cover the cost of construction. “IEEFA concludes that the World Bank, which has announced its support for […]

February 19, 2018 Read More →

Letter: Divesting From Fossil Fuels Is Difficult, but Necessary

Buffalo News: The Jan. 30 Another Voice by Daniel Levler is correct: Climate change must be addressed. His opposition to divestment of fossil fuels by the state pension fund is not. The investment index the state uses to choose stocks for the pension fund is the MSCI ACWI. Over the last five years, when fossil […]

February 19, 2018 Read More →

Southeast Asia’s Coming Solar Boom

Bangladesh Post: 2018 should be the year that Southeast Asian solar hits its stride. That was the clear headline from the 35th ASEAN (Association of Southeast Asian Nations) Ministers on Energy Meeting: “ASEAN calls for energy investment.” At the opening of the ASEAN Ministers on Energy Meeting (AMEM) towards the end of last year, Philippine […]

February 19, 2018 Read More →

More Capital Is Moving to Low-Carbon Investment Indexes

Bloomberg News: Investors may not know how to solve climate change, but low-carbon indexes are growing as a way to start managing the portfolio risks associated with a warming planet, according to Fred Samama, deputy global head of institutional clients at Amundi Asset Management, Europe’s largest asset manager overseeing about 1.4 trillion euros ($1.7 trillion). […]

February 19, 2018 Read More →

New Wrinkle in China’s Cleaner-Air Push

World Economic Forum: Scientists at China’s Institute of Earth Environment have constructed what they say is the world’s largest air purifier in the northern city of Xian. The experimental smog-sucking tower stands at over 100 metres tall and is designed to improve air quality in the city, where standards regularly fall short of expectations set […]

February 19, 2018 Read More →