Tag: renewables

Renewables, nuclear must triple to save climate, UN says

The world needs to triple the energy it gets from renewables, nuclear reactors and power plants that use emissions-capture technology to avoid dangerous levels of global warming, United Nations scientists said.  More »

Senators leave popular tax credit out of renewable fuel proposal

Top senators on Tuesday unveiled their plan for renewing a slew of tax credits that expired last year, including measures aimed at making biofuels. But one popular tax credit didn’t make the cut.  More »

BP ends renewables energy target after $8.3B spend

BP Plc, recovering from an oil spill that may cost it as much as $42 billion, said it hasn’t set a new target for investing in renewable energy after funneling $8.3 billion into the business.  More »

Renewables to help electrify Africa

Renewables are likely to play a large role in the electrification of Africa, likely making traditional grids less important, energy ministers said Thursday at the IHS Energy CERAWeek summit in Houston.  More »

US energy production will surpass consumption by 2035, BP forecasts

U.S. energy production will far outpace its consumption by 2035 as growth in natural gas and renewable sources eclipse the use of oil and coal, according to a new report from BP.  More »

Oil’s future draws Blood and Gore in investment portfolios

Bloomberg New Energy Finance says peak demand for fossil fuels could happen in 2030. The risk: Oil and coal companies worth more than $7 trillion may be sinking billions of dollars today into projects that will never make sense to finish.  More »

China to double power capacity by 2030, led by renewables

China’s power generation capacity is expected to double by 2030, with renewable energy making up more than half the new plants, according to a study released Tuesday by Bloomberg New Energy Finance.  More »

Commentary: “EVs, hybrids & diesels! Oh my!”

If we’re really serious as a country about curbing emissions and altering driving behaviors for the betterment of the environment, let’s be prepared to make tough choices and institute real measures to encourage those positive shifts in individual behaviors.  More »

Biofuel makers seek to ease mandates to avert congress

Makers of some renewable fuels are asking the federal government to ease quotas for use of their products in a bid to head off a congressional overhaul of a program that refiners say is driving up costs at the pump.  More »

US solar panel demand to surge 20 percent in 2013, report forecasts

Just nine states will account for more than 85 percent of all U.S. solar panel demand this year, spurring growth with mandates and incentives for homeowners and businesses, according to a new report from a market information and advisory services firm.  More »

Clean technology investors shift focus to drilling

As profits from wind, solar, biofuels and other alternatives have fallen short of expectations — and as the fossil fuel business boomed — venture capitalists have stretched the definition of clean technology to fuel clean technology investment funds.  More »

City bonds boosting solar energy projects

Solar-energy installations are set to receive record loans this year through a U.S. municipal finance tool modeled after one that backed $17 billion of sewers and sidewalks in the past decade.  More »
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