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Code Breakers: Turning Carbon Emissions into a Revenue Stream

On the heels of the EPA’s new carbon rules proposed by President Obama on June 2, I wanted to take a closer look at a potential disruptive technological breakthrough: taking CO2 waste streams and turning them into saleable, value-added feedstocks. Certainly, the deployment of renewables, energy efficiency, smart grid, and energy storage technologies offer some of the most cost-effective options for dramatically reducing emissions. But if you believe that fossil fuel power plants (along with other large-source emitters like steel and cement producers) will remain a part of our industrial ecosystem for some time to come, then capturing and utilizing C02 from these emitters is an important and critical piece of the carbon-management equation.




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Climate Change Shifts Focus for Energy System

The U.S. National Climate Assessment report states bluntly that streets in coastal cities are flooding more readily, that hotter and drier weather in the West means earlier starts to wildfire seasons, and that every region of the nation already is seeing real effects of climate change.




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Sir Richard Branson: “We’re Killing the World”

An observer of Sir Richard Branson over say 20 years might have remarked how much older he looked as the keynote speaker at the BIO convention this week in San Diego. He struggled for words at times and was visibly tired by the end of his hour on stage; but he had lost nothing of his charm, nor had he varied in his iconoclastic approach to building great enterprises or his views on technology in the face of climate change.




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Researchers Developing Supercomputer to Tackle Grid Challenges

"Big data" is playing an increasingly big role in the renewable energy industry and the transformation of the nation's electrical grid, and no single entity provides a better tool for such data than the Energy Department's Energy Systems Integration Facility (ESIF) located on the campus of the National Renewable Energy Laboratory (NREL). Imagined by NREL leaders who foresaw the possibilities for high performance computing (HPC), the ESIF's HPC data center is fulfilling the goal of handling large and complex datasets that exceed traditional database processes.




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Lubricating Energy Policy

The new report from the Taxpayers for Common Sense shows that oil companies paid just 11.7 percent of their U.S. income in federal taxes over the last five years, and the “smaller” companies included in the study that reported positive earnings only paid 3.7 percent. To achieve such a low tax rate, oil companies were able to take advantage of special tax breaks and loopholes that allowed them to defer more than $17 billion in taxes they would have otherwise owed.




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Plunge in UK Distributed Energy Investment Forecast for 2019

Investment in the UK’s distributed power generation market will witness a significant decline from almost $2.5 billion in 2013 to $939 million by 2019, according to new analysis.




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The Grid is Coming? The Grid is Going!

In India, it is presumed that the grid is a better source of electricity; those locations least likely to get grid electricity are prioritized for solar deployment.




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Abengoa Offers Its First Green Bond to Raise 500 Million Euros for Clean Energy Projects

Abengoa SA, a Spanish energy and environment company, plans to issue its first green bond to raise 500 million euros ($642 million) to finance projects.




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UN Climate Summit Heats Up Discussion on Global Warming, Carbon Emissions

More than 100 world leaders converged upon New York City today to discuss international efforts to reduce carbon emissions and combat climate change. The list of speakers at the UN Climate Summit included U.S. President Barack Obama, UK Prime Minister David Cameron, Brazilian President Dilma Rousseff, French President François Hollande, and Chinese Vice Premier Zhang Gaoli.




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RGGI Chair Says States Won’t Leave Emissions Trading Market for California, Quebec

California and Quebec, which together created the largest carbon market in North America this year, may come away empty-handed as they woo northeastern U.S. states to join their system.




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Scotland Rejects Independence, But Concerns Linger for a Renewables Future

Scotland’s decision to vote no to independence from the United Kingdom of Great Britain and Northern Ireland has elicited a collective sigh of relief from energy sector players. Those companies with significant investments in Scottish renewable energy assets had understandably been anxious over the uncertainty that an independent Scotland would engender, for example potentially changing the rules on support measures for renewable energy investment north of the border.




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Latin America Report: 7 Renewable Energy Stories Worth Reading

The renewable energy market is fast-paced and growing with each passing day. It’s hard to keep up with every industry announcement and insight, so we decided to highlight interesting developments that took place during the past few weeks, and some valuable insights that are worth revisiting.




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New Poll: New Yorkers Overwhelmingly Support Fracking Moratorium — And Clean Energy

Last month, NRDC engaged a nationally recognized opinion research firm to conduct polling in New York State to evaluate public attitudes about fracking and clean energy. Importantly, this is the first statewide poll in at least two years — and perhaps ever — to directly ask residents their views of the now six-year-old de facto moratorium on fracking.




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The Next Revolution: Discarding Dangerous Fossil Fuel Accounting Practices

The green revolution and, in particular, renewable energy products such as solar power, wind turbines, geothermal and algae-based fuels are not waiting for viable technology — it already exists in many forms. What they are waiting for is a massive sea change in our antiquated financial accounting systems.





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Are Environmental Regulations Causing US Utility Bills to Surge?

U.S. electricity markets face years of higher prices as clean-air regulations shut more coal-fired power plants than earlier forecast, cutting supply and forcing producers to rely more on natural gas.




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US Midyear Elections Offer Opportunities and Challenges for Renewable Energy

Every time the U.S. holds midyear elections, the country almost always goes against the incumbent President’s party, which is always sobering to whomever holds The White House. And this week’s elections were no exception.




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Carbon Breakthrough: US, China Make Milestone Agreement to Fight Climate Change

President Barack Obama pledged deeper U.S. cuts in greenhouse-gas emissions and China will for the first time set a target for capping carbon emissions under an agreement between the world’s two biggest economies.




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Obama to Pledge $3 Billion for Climate Change Fund

President Barack Obama will pledge $3 billion to a United Nations climate-change fund that’s intended to help poor nations boost renewable energy and counter the ill effects of global warming.




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Shining a Light on Women Leaders in the Power Industry

In early 2013, a group of women, dubbed the Women in Power committee, assembled in Orlando, Florida to figure out how to honor women who have dedicated their careers to the power industry. The industry is male-dominated with men making up more than 75 percent of the workforce, according to estimates.




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Wind Energy Provides More Than Two-Thirds of New US Generating Capacity in October

According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's (FERC) Office of Energy Projects, wind power provided over two-thirds (68.41 percent) of new U.S. electrical generating capacity in October 2014. Specifically, five wind farms in Colorado, Kansas, Michigan, Nebraska, and Texas came on line last month, accounting for 574 MW of new capacity.




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Innovation, Progress and Scale: Introducing the 2014 Project of the Year Award Finalists

This year’s Project of the Year Award finalists truly represent the evolving energy landscape and exciting global efforts to transition to a cleaner, renewable future. The five projects vying for the Renewable Energy Project of the Year crown include a wide range of innovative technologies from coal-to-biomass conversion to concentrating solar power.




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Japan's Prime Minister Re-Election Risks Undercutting Clean Energy Push

Shinzo Abe’s re-election as prime minister risks undercutting Japan’s commitment to clean energy at a time when incentives are under review and the nation’s utilities say they can’t accommodate capacity already planned.




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Renewable Energy Is Driving the Energy Transformation: REWNA Recap Video

Renewable energy stakeholders are well aware that clean energy is slowly but steadily transforming the energy landscape and that message couldn’t have been more clear at the recently concluded Power-Gen International, the largest show for the traditional power generation industry. Since all forms of power generation are represented at the show through the four co-located conferences, PennWell calls the second week in December "Power Generation Week."




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Transforming the Grid with Clean Energy — Reliably — Every Day

Despite years of successful experience, dozens of studies, and increasing utility support for clean energy, urban myth holds that electricity from renewable energy is unreliable. Yet over 75,000 megawatts (MW) of wind and solar power have been integrated, reliably, into the nation’s electric grid to date. That’s enough electricity to supply 17.9 million homes.





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Busting the Myth of “Job-Killing EPA Regulations”

Earlier this month, when EPA proposed a new health-protective air quality standard for the pollutants that form “ozone,” some critics predictably pounced on it as another example of a long string of “job-killing EPA regulations.” Yet last week, we learned that the U.S. economy created about 320,000 new jobs in November, and average wages are starting to rise as the labor market tightens.




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We Should be Looking to CEOs, Not Politicians, for Climate Change Action

In May of 2014, Speaker of the House John Boehner responded to a climate change question with, “listen, I’m not qualified to debate the science over climate change. I am astute to understand that every proposal that has come out of this administration to deal with climate change involves hurting our economy and killing American jobs. That can’t be the prescription for dealing with changes to our climate.” Speaker Boehner is not the only one reluctant to enter into the debate on climate change. In a March interview Mitch McConnell responded to a climate change remark with, “For everybody who thinks it's warming, I can find somebody who thinks it isn't…”




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Uncovering Green Alternative Energy Mutual Funds

Not all alternative energy mutual funds are created equal. In a recent interview with the Wall Street Journal, a reporter asked me which alternative energy mutual funds were the most focused on renewables, noting that many mutual funds hold non-energy related companies such as Apple, PepsiCo and Google. The answer to this question is not as straight forward as one might think. This article sorts out which mutual funds are truly invested in the dynamic and growing green energy sector, and which ones are more peripheral.




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Climate Change: The Need for a More Consistent Baseline and Immediate Action

The UN climate conference in Lima set the stage for Paris in 2015. Next year’s accord is to provide a working, albeit not a final, answer to the question: Is it possible to keep global warming at or below the 2 degree Celsius limit? This limit is considered the boundary beyond which the negative climatic, economic and social consequences of climate change are thought to become intolerably severe and potentially irreversible.




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Want to Buy a Used German Power Plant? Shipping Is Included

Germany’s utilities, battered by the country’s shift to wind turbines and solar panels, would be glad to sell you a power plant on the cheap. They’ll even pack it up and ship it to another country.





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Former FERC Chief Jon Wellinghoff Speaks Out on Grid Security and Distributed Generation

In a previous article, I had a conversation with former-CIA chief Jim Woolsey to discuss one of America’s greatest national security vulnerabilities, its power grid. The issues that Woolsey has been concerned with for over a decade has been the ease in which a terrorist group or other actor (think North Korea for example) could attack the grid and plunge the country into darkness for months, if not years. And if that seems far-fetched, just recall how a tree limb fell in Ohio in 2003 and blacked out the entire Northeast and part of Canada for several days.




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Will Lower Oil Prices Dampen the Mining Industry’s Appetite for Renewables?

For many mining companies, the rallying cry for investigating solar or wind energy options has been that the price of oil and other conventional fuels is too high — and will almost certainly rise over time. Now, though, with oil prices having taken a dramatic nosedive, this argument no longer packs quite the same punch that it once did.




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Protecting Workers and Communities During the Clean Energy Transition

When I worked at the New York Attorney General's Office, we sued coal-fired power plants because their air pollution was making people sick. But in some towns, I saw that the reliance on coal really had people in a bind. The coal plant was making them sick, but it was also a major tax generator for the town. If the plant closed, the town might have to lay off teachers and cops, in addition to losing the plant jobs.




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Carbon Emissions Stop Rising for First Time in 40 Years

Global emissions were unchanged last year, the first time that’s happened amid economic growth in four decades, according to the International Energy Agency.




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Plugging Away: San Diego’s Plan to “Charge” Toward a Cleaner Grid

We love electric vehicles (EVs) in California and we want that love to spread. Why? It isn’t because of the cool factor — though, believe me, EVs like the Tesla are undoubtedly cool. Instead, it’s because these cars can offer significant benefits to the environment, electric grid, and economy.





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Ex-Employees Accuse Ormat of Lying to Receive 1603 Cash Grant Awards

Ormat is a successful developer of geothermal energy projects. Two former employees have brought a lawsuit alleging that Ormat made inaccurate 1603 Cash Grant submissions to obtain grants for projects that should not have qualified for such grants.




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Beijing to Shut All Major Coal Power Plants to Cut Pollution

Beijing, where pollution averaged more than twice China’s national standard last year, will close the last of its four major coal-fired power plants next year.




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Mexico Pledges to Cut Emissions 25 Percent in Climate Change Milestone

Mexico has become the first developing nation to formally promise to cut its global-warming pollution, a potential milestone in efforts to reach a worldwide agreement on tackling climate change.




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Fix the EU Emissions Trading System, And Carbon Markets Can Be Serious Business

What do the following have in common: New Zealand, South Korea, Switzerland, Kazakhstan, Quebec, Alberta, Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, Vermont, California, Beijing, Guangdong, Hubei, Shanghai, Shenzhen, Chongqing, Tianjin, Tokyo, Kyoto, Saitama and 28 countries in Europe?




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Ten Clean Energy Stocks For 2015: Marching Ahead

My Ten Clean Energy Stocks for 2015 model portfolio added a second month to its winning streak, with a 6.1 percent gain for the month and a 5.7 percent gain for the year, despite a continued drag by the strong dollar. If measured in terms of the companies' local currencies, the portfolio would have been up 7.5 percent for the month and 10.5 percent for the quarter or year to date. For comparison, the broad universe of US small cap stocks rose 1.5 percent for the month and 4.0 percent for quarter, as measured by IWM, the Russell 2000 index ETF.





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China’s Pollution Assault Boosting Solar, Electric Vehicles

China’s efforts to combat pollution are gaining momentum after President Xi Jinping pledged in March at the annual session of the National People’s Congress to punish violators of the nation’s environmental laws with an “iron hand.” Here’s what’s happening and what to expect.




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Clean Energy Spending Drops 15 Percent to Reach Lowest Level Since 2013

Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.




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Using Geothermal Solutions to Desalinate Oil Field Water

Clean water — it’s a precious resource in hot demand right now, for more than taking a shower or watering our crops. The United Nations projects the world’s population will grow by another billion people, to 8.4 Billion, by 2030. More people means more need for food, water, electricity, and other necessities. Beyond the obvious demands for water, our increasing appetite for electricity also requires water — and plenty of it. Most of the electricity generated in the U.S. uses water in some capacity.




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Engineering Possibilities Versus Practical Implementation: Utility Portfolios and Business Models

Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.




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Financing Electric Vehicle Markets in New York and Other States

The process of sowing the seeds of electric vehicle infrastructure — and thereby creating a backbone of charging stations that can support these vehicles — is still in its infancy. A new report outlines the technologies and business models necessary to ramp up growth in the electric vehicle (EV) market in the United States. It also explores the relationship between charging stations and consumer purchases of EVs.

 




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The Latest Sign That Coal Is Getting Killed

Coal is having a hard time lately. U.S. power plants are switching to natural gas, environmental restrictions are kicking in, and the industry is being derided as the world's No. 1 climate criminal. Prices have crashed, sure, but for a real sense of coal's diminishing prospects, check out what's happening in the bond market.