European Union Approves World’s Largest Green Stimulus
On Friday, EU lawmakers agreed to provide a €672 billion recovery fund boost for the EU economy. How green is it? Fairly green — 37% of the funding has to go to projects that help the climate.
On Friday, EU lawmakers agreed to provide a €672 billion recovery fund boost for the EU economy. How green is it? Fairly green — 37% of the funding has to go to projects that help the climate.
Governments are in uncharted territory as they respond to the economic impacts of the coronavirus pandemic — but that doesn’t mean they can’t learn from the past.
The project’s completion will see nearly 400 MW of clean, renewable electrical power delivered to California homes and businesses, as well as create thousands of jobs, adding more than $1 billion to US economic activity and state tax revenues and avoiding 400,000 tons of CO2 emissions. […]
The NY Times’ reporting on the California Solar Valley Ranch project and clean energy subsidies is so full of holes that NRG has issued a point-by-point rebuttal. The NYT article is symptomatic of the ugly, protracted decline of mainstream journalism in the US.
Aiming to drive down costs and make the US solar power industry more competitive, Secretary Chu finalized a conditional $150 million loan guarantee that will enable 1366 Technologies to continue developing its Direct Wafer solar PV manufacturing project.
The DOE announced a clean energy package aimed at jumpstarting offshore wind power development Thursday morning in advance of Pres. Obama’s speech to a joint session of Congress Thursday evening in which he is expected to announce a $300 billion-$400 billion jobs stimulus program.