After COP21 in Paris, there are still many questions being posed: how will the U.S., and the world, meet these ambitious emissions reductions targets? Will time run out before we can cut emissions enough to avoid the irreversible consequences of climate change? Should the U.S. turn to other technologies like nuclear generation to meet emissions targets? To answer these questions, many leaders from around the world are looking to Denmark to study how this small country has become a leader in implementing renewable energy solutions and serving as a catalyst for change. Within Denmark, one needs look no further than Samsoe for inspiration.
Over the next two weeks, leaders from around the world will convene in Paris for the United Nations Climate Change Conference, also known as COP21. This year, there is renewed, if cautious optimism about the possibility of a binding agreement among governments to act on this critical global issue.
But there’s another side to the climate change story that’s being written not in parliaments or at diplomatic summits, but in boardrooms and corporate executive suites.
I was speaking with a friend the other day when she asked, “What’s going on with renewable energy tax extenders this year? Are the PTC and ITC going to be extended?” As we know, the Production Tax Credit (PTC) expired at the end of 2014 and the 30 percent Investment Tax Credit (ITC) will expire at the end of 2016. That’s in addition to a dozen other energy credits affecting biofuels, electric vehicles, and energy efficiency that have also expired.
Oct. 15 -- U.S. Geothermal now has its 22-megawatt power plant near Vale, Ore., online, sending electricity produced from Neal Hot Springs into Idaho Power’s grid. >>View Article
April 11 -- A nearly unanimous House voted Wednesday to lift barriers to the development of hydropower around the country, something that the bill's supporters say would help develop cheap, clean energy and create jobs. >>View Article
March 26 -- President Barack Obama recently paid a visit to the Argonne National Laboratory where he strongly voiced concerns about the national security threat Americans face from dependence on oil as a single source of fuel. As an Army veteran now working to develop advanced-energy technologies, I was proud to be there, too, standing next to a president who listens to the advice of military and national security leaders — and offers solutions to tackle our nation’s toughest energy challenges. >>View Article
November 12 -- GCube, the leading provider of underwriting services for renewable energy projects, has launched an insurance solution to cover losses incurred by wind energy developers or contractors in the event of the cancellation of the Production Tax Credit (PTC). A key Presidential election issue, the potential non-renewal of the PTC for wind energy projects has caused the US wind energy industry to see a substantial slowdown in equipment orders and new projects slated for 2013. With investors increasingly nervous, project capital for new developments has become progressively harder to secure. GCube’s latest offering is designed to bolster market confidence for the remaining projects currently under development. >>View Article
November 8 -- Once this pesky presidential election gets behind us, politicians will again talk about renewable energy and climate change, predicts the founder and president of Oakland-based Sungevity, Danny Kennedy. "The consumer market will force them to," he predicts, because for the past two years, consumers have been turning to solar power in droves, with rooftop installations up 426 percent industry wide since 2010. Moreover, Hurricane Sandy has made clear that the harm to the planet from burning fossil fuels will soon be an intolerable trade off. >>View Article
November 1 -- Duke Energy, the nation's largest electric utility, today deployed 1,000 additional workers to help other utilities in eight states restore power to more than 6 million homes and businesses in the aftermath of Hurricane Sandy. >>View Article
October 24 -- SolarCity Corp. said it is planning a 7.4-megawatt solar power project that will bring renewable energy to 26 Los Angeles Unified School District schools. The project will allow the school district to save more than $776,000 in the first year and more than $25 million over the next 20 years, San Mateo-based SolarCity said. >>View Article