The American Council on Renewable Energy has this week announced the launch of a new campaign that aims to spur $1 trillion in new US private sector investment by 2030 for the renewable energy sector and enabling grid technologies.
Sixteen organizations spanning the US solar industry, including the DOE’s National Renewable Energy Laboratory, have launched a group effort that should result in opening up large, new pools and lower the cost of capital for the US solar energy industry.
The wind power tax credit extensions have been passed in bi-partisan fashion by a 19-5 vote as part of broader tax cut extension bill. Greeted with guarded optimism by US wind power market and industry participants and supporters, some of the largest US electric utilities, including Exelon, are lobbying against further progress. […]
Global clean energy investment jumped 24% during Q2 2012 to reach $59.6 billion, led by China’s 92% financing surge. […]
One of the ways the US federal government subsidizes the fossil fuel industry is by allowing natural gas, oil and coal investors to form Master Limited Partnerships (MLPs). These special purpose investment vehicles exempt companies forming them from corporate income taxes. Legislation from Delaware Sen. Christopher Coons seeks to level the playing field by opening MLPs up to renewable energy investors. […]
In the midst of ongoing controversy regarding solar subsidies and solar trade, below is a great post by Melanie Hart of the Center for American Progress on the topic of Chinese direct investment in cleantech companies in the U.S. It’s worth a read. Reposted in full from Climate Progress: … [continued]
Last week, I posted on Ernst & Young’s latest Country Attractiveness Indices for renewable energy. It put the U.S. as the second-most attractive country for renewable energy investment, behind China and ahead of Germany (and every other country in the world, for that matter). Ernst & Young has also … [continued]
Ceres, director of the Investor Network on Climate Risk (INCR), “a network of 100 institutional investors with collective assets totaling about $10 trillion,” informed us of the above, yesterday, as 450 global investors controlling tens of trillions of dollars from four continents gathered at the United Nations offices in … [continued]
Check out this “World Energy Report” and my thoughts on some of the issues represented here…
