Posts Tagged ‘Green’

Green Investment Bank sold too cheaply, watchdog says

National Audit Office report puts Macquarie deal at low end of valuation with extra tens of millions lost from rejection of phased sale option Ministers missed out on tens of millions extra on the sale of the Green Investment Bank (GIB) in August, according to the spending watchdog. The National Audit Office said the £1.6bn […]

Shell doubles up on green spending and vows to halve carbon footprint

Anglo-Dutch giant to spend $2bn on wind power, biofuels and electric cars as it bows to shareholder pressure by setting new company climate change target Shell has doubled its spending on clean power and bowed to shareholder pressure by promising to halve the carbon footprint of the energy it sells by 2050, as the oil […]

No subsidies for green power projects before 2025, says UK Treasury

Government accused of ‘turning their back on renewables’ after saying there will be no more money for new low-carbon levies Companies hoping to build new windfarms, solar plants and tidal lagoons, have been dealt a blow after the government said there would be no new subsidies for clean power projects until 2025 at the earliest. […]

How six small towns and cities are going green

Small towns are suffering. A powerful Wall Street Journal article from earlier this year said that rural America, much of which is seeing a drop in population , is the new “inner city,” due to declining economic health and accelerating issues of disinvestment, drug dependency, and job loss. View full post on Wind Power News

The Texas town where all the energy is green

Georgetown mayor Dale Ross is ‘a good little Republican’ – but ever since his city weaned itself off fossil fuels, he has become a hero to environmentalists When the caller said he worked for Harry Reid and the former Senate majority leader wanted a word, Dale Ross assumed it was a joke. “OK, which of […]

How green is Britain’s record on renewable energy supply?

About half of the power generated in the UK comes from low-carbon sources – here’s a breakdown of the four main sources of electricity As one of the UK’s renewable energy chiefs has pointed out, electric cars won’t tackle climate change if they run off fossil fuels. Matthew Wright, managing director of Dong Energy UK, […]

Hurricanes wreak the havoc of climate change – but is a green energy solution in sight? | Jonathan Watts

In the wake of hurricanes Irma and Harvey, the market has finally bought into the business case for renewable energy. The price of change is getting cheaper Like the debate over gun control, the public discussion in the US about whether to take action on the climate has often been characterised as a struggle between […]

UK green energy expensive? Not any more. From now on it’s cheap

A record low price set for offshore wind power is good for UK jobs, the taxpayer and household bills. It is bad news for Hinkley C and the nuclear industry The persistent myth that green energy is expensive has been shredded by the revelation that windfarms will be built around Britain’s coast far more cheaply […]

A Green and Politically Correct Evacuation?

By Jack Hellner: There are many people throughout the world who advocate stopping the use of all fossil fuels. Fossil fuels are said to be dirty, wasteful, polluting, and the source of profits for, horrors, Big Oil. View full post on Wind Power News

COLUMN-Staid utility investing world upended by green energy revolution -James Saft

The formerly staid, predictable world of utilities investing faces a revolution as the price of solar and wind energy plunges, creating new winners and losers. Generally tightly regulated and thus with reliable cash flows, utility stocks and bonds have long been beloved by pension funds and other conservative investors for their safe income generation. View […]