IEEFA In the News

Duke IRP for Carolina utilities all but ignore solar, wind and batteries

Solar Builder: A pair of long-range plans for Carolina utilities owned by Duke Energy underestimate potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the integrated resource plans (IRPs) for Duke […]

April 7, 2021 Read More →

Unsigned power agreement backlogs threaten India renewable growth

The Economic Times: Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, dampening investor confidence and threatening the viability of projects, according to a latest study. PSAs for 19 gigawatt (GW) of capacity tendered by the Solar Energy Corporation of India (SECI) was yet to […]

April 7, 2021 Read More →

W.Va. panel passes measure to pull pension investments from divesting companies

Charleston Gazette-Mail: The West Virginia House Energy and Manufacturing Committee signed off on a resolution Tuesday eyeing divesting from state retirement investments in businesses that have divested from fossil fuel companies. The resolution, which now goes before the House Rules Committee, would direct the Joint Committee on Government and Finance to study what it calls […]

April 6, 2021 Read More →

Formosa’s Cancer Alley project tests Biden climate commitment

Gizmodo: Myrtle Felton has lived in St. James Parish her whole life, but it looks nothing like it did when she was young. “It looks like a third world,” she said. “Sometimes I just go ride to River Road, and I try to remember what it actually looked like years ago. I try to remember, […]

April 6, 2021 Read More →

Indonesia coal slurry spills spur calls for divestment, sanctions

Mongabay: After a series of coal-slurry spills into the Malinau River in Indonesian Borneo, locals and environmental groups are calling for tougher sanctions, and for national banks to divest from the coal industry. The latest spill in February at a facility operated by PT Kayan Putra Utama Coal (KPUC) in North Kalimantan province killed thousands […]

April 5, 2021 Read More →

BlackRock report finds divestment yields positive financial returns

The New Yorker: In a few months, a small British financial think tank will mark the tenth anniversary of the publication of a landmark research report that helped launch the global fossil-fuel-divestment movement. As that celebration takes place, another seminal report—this one obtained under the Freedom of Information Act from the world’s largest investment house—closes […]

April 3, 2021 Read More →

IKEA plans EV truck delivery fleet in New York by May 2021

Electrek: IKEA US will use a fleet of 40 electric vehicle last-mile delivery trucks to service New York City’s five boroughs by May 2021 in partnership with Fluid Truck. The online vehicle rental company enables IKEA to rent e-trucks on a flexible schedule. The US transition to clean energy will pick up pace over the […]

April 1, 2021 Read More →

IEEFA outlook: Shift to renewables growing exponentially

Common Dreams: The nation’s transition from dirty to renewable energy is “nearing exponential growth”—a shift set to usher in “transformative” impacts within a handful of years. So declares the Institute for Energy Economics and Financial Analysis (IEEFA) in its “U.S. Power Sector Outlook 2021” report released Wednesday. Among the key findings (pdf) are that wind […]

March 31, 2021 Read More →

Japan mulls pulling support for overseas coal-fired projects

Financial Times ($): Japan does not often grab global ESG headlines, but this week it should. Our Nikkei colleagues report that Japan is looking to stop supporting coal-fired power projects overseas. It is a significant development as Japan is one of the biggest — and last few remaining — supporters of foreign coal projects. (Moral […]

March 31, 2021 Read More →

Barossa gas field has massive amounts of CO2

Energy Voice: Santos’ proposed offshore Barossa gas field development off Australia’s Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into liquefied natural gas (LNG), finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The gas contains so much carbon dioxide (CO2) that […]

March 31, 2021 Read More →