January 15, 2016

January 14, 2016

2015 Was a Really Good Year for Renewables

Despite competing with some of the cheapest fossil fuel prices seen in a decade, the renewable energy sector experienced record-breaking growth in 2015. That's the takeaway of a recently published analysis by Bloomberg New Energy Finance, which shows $329 million was invested in the clean energy sector and about 121 gigawatts of new capacity was installed last year.

Marco Rubio Just Supported Renewable Energy. But Does He Mean It?

Speaking at an event in New Hampshire on Tuesday, Republican presidential contender Marco Rubio just came out in support of growing renewable energy and improving energy efficiency.

"Well first, I would say to you that I want us to lead the world in everything," he said. "Let's be number one in wind, and number one in solar, and number one in biofuels, and number one in renewables, number one in energy efficiency. Let's lead in all of these things."

But Rubio's energy plan focuses on further developing fossil fuel extraction and largely ignores renewable energy.

January 13, 2016

SOTU: Pres. Obama Highlights Renewable Energy Growth

In his final State of the Union address on Tuesday evening, U.S. President Barack Obama highlighted the country's renewable energy growth and climate achievements, among other topics.

"Seven years ago, we made the single biggest investment in clean energy in our history," Obama said. "Here are the results. In fields from Iowa to Texas, wind power is now cheaper than dirtier, conventional power. On rooftops from Arizona to New York, solar is saving Americans tens of millions of dollars a year on their energy bills, and employs more Americans than coal – in jobs that pay better than average. We're taking steps to give homeowners the freedom to generate and store their own energy – something environmentalists and Tea Partiers have teamed up to support. Meanwhile, we've cut our imports of foreign oil by nearly sixty percent, and cut carbon pollution more than any other country on Earth."

U.K. Got 11% of Its Electricity from Wind in 2015

The United Kingdom generated a record 11 percent of its electricity from onshore and offshore wind projects in 2014, according to new official statistics from National Grid.

"This is a great way to start the new year – the wind industry can be proud that it has shattered weekly, monthly, quarterly and annual generation records in 2015," Gordon Edge, director of policy for RenewableUK, said.

January 12, 2016

January 11, 2016

UK Govn't Misses Green Targets

The United Kingdom government failed to meet multiple environmental targets such as for carbon emission reduction, as well as waste and water usage, according to a report published last month.

"Ministers' failure to hit almost all of these targets means a bigger bill for taxpayers and more damage to the environment," said Lisa Nandy, the U.K. Labour party's shadow energy and climate secretary. "If the government can't even cut its own pollution footprint, how can anyone have confidence they will cut Britain's?"

January 8, 2016

January 7, 2016

Chevy Debuts First All-Electric Vehicle

At the Consumer Electronics Show in Las Vegas, General Motors showed off the all-electric Chevrolet Bolt EV car. This vehicle will cost only $30,000 and go into production later this year.

January 6, 2016

British Airways Scraps Green Fuels Project, Blames U.K. Govn't for Lack of Support

British Airways is scrapping its groundbreaking green fuels project, which was set to debut in 2017, due to low crude oil prices, anxiety among investors and a lack of government support, according to a company spokeswoman.

"The government needs to support innovative aviation biofuels projects such as this if they are to progress," Cathy West, a BA spokeswoman, told the Guardian. "Aviation fuels are not eligible for incentives that road transport fuels receive, making it difficult to build a business case to invest in UK aviation fuels projects. This affects investor confidence."

Wind Startup Gets $200 Million in New Funding

United Wind Inc., a New York-based startup devoted to leasing wind turbines to farms and rural homes, recently snagged the largest single round of funding given to a small wind company—$200 million from Forum Equity Partners. 

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