A few years ago, a heated debate started within the U.S. solar industry about which was more cost-effective: Solar Renewable Energy Credits (SRECs) or Feed-in Tariffs (FITs). Now that we’ve had more experience with both policies, the question is again being asked. Researchers at the Institute for Local Self Reliance … [continued]
Senate Majority Leader Harry Reid (D-NV) is weighing in on Keystone XL, the controversial 1,700 mile pipeline that would bring carbon-intensive crude across the U.S. from Alberta’s tar sands to refineries in the Gulf Coast.
In a letter sent to Secretary of State Hillary Clinton earlier this month, Reid expressed concerns about the environmental impact of the project.
Almost half of clean energy projects proposed in recent years have been delayed or abandoned due to local opposition, according to a March report from the U.S. Chamber of Commerce. That’s a lot of development potential denied.
Sammy Chu knows that energy efficiency creates local jobs. He’s seen it for himself. As director of Long Island Green Homes, a local financing program based around Property Assessed Clean Energy (PACE), Chu has seen the creation of dozens of new contractor positions that have helped his home town of Babylon, New York, invest millions of dollars in efficiency retrofits.
[T]he federal commitment to [oil & gas] was five times greater than the federal commitment to renewables during the first 15 years of each subsidies’ life, and it was more than 10 times greater for nuclear.
Playing up the Solyndra bankruptcy to the highest political degree possible, Republicans are using their best rhetorical tricks. They have homed in on two phrases to describe loan guarantees — calling them a tool of “crony capitalism” and claiming that they allow the government “to pick winners and losers.”
Nobody likes to see $500 million in taxpayer funds lost. But as Congress investigates the loan guarantee given to the now-bankrupt solar manufacturer Solyndra, it’s important to put the failed loan into historical context.
The Solyndra investigation has brought loan guarantees out of the obscure world of political wonkery and into the living rooms of Americans around the country.
The problem is, many in the media are completely misrepresenting how the instrument works and who supports it. So we’ve put together a video primer on how loan guarantees work, posted below.
It’s often claimed that the Solyndra loan guarantee was “rushed through” by the Obama Administration for political reasons. In fact, the Solyndra loan guarantee was a multi-year process that the Bush Administration launched in 2007.
Shortly after the New York Times released an inaccurate piece on the growth of green jobs, Van Jones expressed anger that the writer used selective quotes from an hour-long interview to satisfy the predetermined conclusion of the article.
Now, one of the other key sources, SolFocus VP of Business Development Nancy Hartsoch, is speaking out about the reporter’s selective use of facts to paint an inaccurate picture of her company’s operations. In an exclusive interview, she tells Climate Progress:
