Clean Power Plan aims to eliminate Texas coal power plants, which generate 24% of state electricity We get it. Texas is really mad about Obama, the EPA, and the Clean Power Plan. But behind the bellicose rhetoric from Austin lies an interesting story about the plan’s potential benefits and pitfalls. In this three part series, […]
Texas blows up over the Clean Power Plan – Part 1 Read More »
Alternative energy stock investors enjoy steadier ride than traditional energy funds holders NEW YORK – Even as the tumble in oil prices pummels the industry, one small, and perhaps surprising, group of energy stock funds has held up better than its peers: those investing in solar, wind and other alternative energy sources. It’s an unexpected bright spot because alternative energy stocks
Alternative energy stock funds held up as the price of oil plunged Read More »
SunRun IPO raised $250M, but shares fell 13 per cent Wednesday NEW YORK – A string of deals involving rooftop solar companies has shown both the appeal and potential of the business, and limits to investor enthusiasm. SunRun, the San Francisco-based solar financing pioneer, raised $250 million in an initial public offering Wednesday, but shares fell 13
SunRun IPO, SunEdison deal for Vivint scare investors, even as solar heats up Read More »
Clean Power Plan relies heavily on renewable energy sources WASHINGTON – President Barack Obama is mandating even steeper greenhouse gas cuts from U.S. power plants than previously expected, while granting states more time and broader options to comply. The tweaks to Obama’s unprecedented emissions limits on power plants, to be unveiled at the White House on Monday, aim to address
Clean Power Plan winners and losers Read More »
Coal-based TransAlta makes first acquisition of renewable energy generating TransAlta Corp. (TSX:TA) has signed a deal to buy 71 megawatts of solar and wind power generation capacity in the U.S. in a deal worth US$75.8 million. The assets acquired from an affiliate of Rockland Capital LLC include 21 MW of solar projects in Massachusetts and
TransAlta buys renewable assets, offsets coal-fired generation Read More »
Will EPA’s Clean Power Plan be mired in legal wrangling if Interstate Power Compact is successful? A Texas think tank has launched an interesting end run around the Environmental Protection Agency that could hobble the Obama Administration’s key climate change strategy, the Clean Power Plan. The Texas Public Policy Foundation’s Fueling Freedom Project announced this week
Clean Power Plan: Texas think tank launches challenge with Interstate Power Compact Read More »
Considering the huge challenges of transitioning to a low-carbon economy will take your breath away Mayors from around the world gathered at the Vatican this week to talk about climate change and the political will needed to decarbonize the global economy as soon as possible. But is it just political will that’s lacking? One hears the argument
Pope Francis, ‘green’ mayors ignore practical reality of decarbonizing global economy Read More »
Facebook Texas data centre in Fort Worth FORT WORTH, Texas – Facebook is building a massive data centre in Texas to provide more computing capacity for the online social network’s 1.4 billion users to share tidbits of their lives with friends and family. The first phase of the $500 million project in Fort Worth, Texas will span
Facebook Texas data centre to use wind power to run servers Read More »
California power grid bolstered by renewables, gas generation, imports Despite a severe drought that has lowered hydroelectric generation, the California power grid is expected to have plenty of capacity to handle peak summer demand, according to the US Energy Information Administration. The North American Electric Reliability Corporation (NERC) expects more than 72 gigawatts (GW) of electric generating
California power grid holding up despite severe drought Read More »
Asia clean energy changes needed, but, coal use to rise 50 per cent by 2035 Asia has made huge strides in developing clean energy over the last decade but must boost investment and its use of energy efficiency technology to meet rising demand and cope with climate change, Asian Development Bank officials and other experts
Asia clean energy investment must be boosted to cope with climate change Read More »
