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MassLive: The dispute is over a 145-mile transmission line, which would cost nearly $1 billion and is being financed by Massachusetts electric ratepayers, which would eventually bring hydropower from Canada to Massachusetts. The two energy companies, NextEra Energy and Avangrid rival complaints are risking the state’s ability to comply with its new climate law signed […]
IEEFA
The Hill: Mercedes-Benz on Thursday became the latest car manufacturer to unveil plans for a greater investment in electric vehicles, saying that it hopes to transition to solely manufacturing electric vehicles by 2025. The German-based company said in a press release that by the end of the decade, it hopes to “go all electric” in […]
IEEFA
Renew Economy: Germany’s entire energy demand can be met through renewable energies alone within the next ten to fifteen years, according to a new report by the German Institute for Economic Research (DIW Berlin). The prerequisite for this is that German expansion targets for both wind and solar energy are greatly increased, the authors write. […]
Dennis Wamsted
Black Hills integrated resource plan shows futility of state’s pro-coal legislation
Wyoming politicians have worked feverishly over the last couple of years to protect the state’s struggling coal industry, but economic reality can’t be legislated away. That simple fact is readily apparent in the integrated resource plan (IRP) filed last month by Black Hills Corporation, which owns two small investor-owned utilities that do business in the […]
Wilda Anagal
Decades of coal mining spur Navajo and Hopi efforts to urge federal intervention for environmental justice
As the energy transition gains momentum around the globe, the IEEFA documentary, “Local Leadership, Global Change: Navajo Nation & Hopi Tribe” focuses on how indigenous-led organizations are raising awareness of the need to shift away from a fossil fuel-based economy. The documentary centers on the Navajo and Hopi tribal members living on reservation lands in […]
IEEFA
Bloomberg ($): As the European Union gets serious about fighting climate change, experts are fielding more calls than ever from polluters seeking help to trap, process and store their carbon emissions. The business of capturing emissions from industrial plants that make everything from cement to energy will get a push from the European Commission’s ambitious […]
IEEFA
Renew Economy: A massive increase in the deployment of wind, solar and battery storage over the next decade is essential if the world is to meet its goal of reaching net zero emissions by 2050 – the key to meeting the goals of the Paris climate target. BloombergNEF says in its latest New Energy Outlook […]
IEEFA
Wall Street Journal ($): A four-year-old startup says it has built an inexpensive battery that can discharge power for days using one of the most common elements on Earth: iron. Form Energy Inc.’s batteries are far too heavy for electric cars. But it says they will be capable of solving one of the most elusive […]
IEEFA
The Economic Times: India is expected to add 68 gigawatt (GW) of renewable capacity in five years, up marginally from previous year’s estimate of 60 GW, with solar occupying 65 per cent of the share, according to a recent survey. Gujarat, Maharashtra, and Karnataka emerged as the top three states for overall growth prospects of […]
Cathy Kunkel
More than $14 billion in federal funds should be used to increase Puerto Rico renewable sources
Puerto Rico should take advantage of a unique opportunity to deploy billions of dollars of federal funding to create a resilient, decentralized electrical system based on renewable energy—an opportunity that neither the Puerto Rico Electric Power Authority (PREPA) nor private operator LUMA Energy has shown any interest in pursuing. That was the core theme of […]
IEEFA: Chinese regulators urged to tighten rules for carbon neutral bonds
Bond proceeds going to coal-dominated state-owned enterprises – ESG investors beware1 June 2021 (IEEFA): China’s carbon neutral bonds fail to restrict the use of funds to green projects and are adding to the working capital of coal-dominated state-owned enterprises (SOEs), according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) which calls for deeper reforms to green finance standards […]