Tuesday, 10 January 2017
In New York, Raymond James released its Clean Tech Primer 2017, arguably the most cogent and concise summary of activity and prospects across the gamut from solar power through to water technology, including all biofuels, biopower and bioindustrials.
Tuesday, 08 November 2016
Chile's Schwager Energy and China-based Shenyang Yuanda Commercial & Investment Co. signed a memorandum of understanding on Nov. 3 to build the 3-MW Los Pinos run-of-the-river hydroelectric plant in southern Chile's Lagos region, according to BN Americas.
Thursday, 29 September 2016
By the time this column is published, oral arguments in the legal challenge to the Clean Power Plan will have already been made. The en banc panel of 10 appeals court judges is not likely to render its decision before the New Year. No matter the opinion, it will be appealed to the U.S. Supreme Court.
Wednesday, 21 September 2016
The World Bank has approved US$390 million in additional financing to be used by Pakistan's Water and Power Development Authority for extensions of its Tarbela hydroelectric plant.
Tuesday, 06 September 2016
The United States and China on Sept. 3 formally joined the Paris Agreement in a ceremony in Hangzhou, China, ahead of the G20 Summit. President Obama and President Xi both deposited their country’s official instrument with United Nations Secretary, General Ban-Ki Moon.
Wednesday, 24 August 2016
In the case of the Fossil Fuel Industry, et. al. VS Earth, et. al., I find myself asking—not for the first time—is justice delayed, justice denied? It should come as no surprise that I am convinced it is.
Monday, 22 August 2016
The G20 meeting in Hangzhou, China, this September brings together leaders of the world’s largest economies for the first such gathering since the 2015 Paris Agreement on climate. G20 Leaders Summits traditionally focus on economic growth and financial stability, but since more than 190 countries collectively agreed to greatly enhance mitigation of the causes and impacts of climate change, the need to tackle a changing climate and foster clean energy has become a clear economic and business reality.
Monday, 18 July 2016
It was a gamble that went spectacularly wrong for Tory Prime Minister David Cameron: Allow the UK to decide through a national referendum on their future participation in the EU and hope that they choose to remain.
Friday, 08 July 2016
Brexit; It’s been the buzz word dominating the media recently and it’s likely to continue for some time. The UK’s decision to leave the EU has left both supporting sides of the ‘leave’ and ‘remain’ campaign in a somewhat collective state of uncertainty as to how this decision will impact the country right now and in the future years.
Monday, 27 June 2016
Recently I traveled to San Francisco to participate in international efforts to meet the challenge of climate change and accelerate the global transition to clean energy. The main event was the Seventh Clean Energy Ministerial (CEM7), a meeting of 23 countries and the European Commission.
Friday, 13 May 2016
Less than two weeks after 175 nations signed the pivotal Paris Agreement on climate change, a question lingers: What happens now?
Friday, 08 April 2016
Papua New Guinea recently became the first country to formally submit the final version of its national climate action plan (called a “Nationally Determined Contribution,” or NDC) under the Paris Agreement. The small Pacific nation’s plan to transition to 100 percent renewable energy by 2030 is no longer just an “intended” nationally determined contribution (INDC) — it is now the country’s official climate plan.
Friday, 26 February 2016
Clean, renewable energy is the single most needed technology by the millennial generation. Not only is it the key to slowing global warming and climate change, but it also solves a host of other problems, such as respiratory diseases and national security.
Tuesday, 09 February 2016
As a carbon-neutral energy source, biomass technology is helping organizations generate electricity and heat while reducing their carbon footprint and greenhouse gas emissions.
Friday, 31 July 2015
The UK increased its power generation from on-site biogas plants by 40% in 2014, according to a survey by the Department of Energy and Climate Change.
Thursday, 30 July 2015
Q2 of 2015 saw a large increase in the generation of electricity from solar PV in the UK, with the growth having a significant impact on electricity market prices and other supply factors.
Thursday, 30 July 2015
Germany has installed about one-third less onshore wind power capacity so far this year than during the same period in 2014, new analysis shows.
Monday, 27 July 2015
Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.
Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.
The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.
“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.
The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.
Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.
Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House
Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.
The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.
While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.
Â©2015 Bloomberg News
For more, see Big Companies, Big Renewable Investments.