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Renewable Energy Surges to Record Levels Around the World

New solar, wind and hydropower sources were added in 2015 at the fastest rate the world has yet seen, a study says.

Investments in renewables during the year were more than double the amount spent on new coal and gas-fired power plants, the Renewables Global Status Report found.

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Clean-Energy Jobs Surpass Oil Drilling for First Time in U.S.

The number of U.S. jobs in solar energy overtook those in oil and natural gas extraction for the first time last year, helping drive a global surge in employment in the clean-energy business as fossil-fuel companies faltered.

Employment in the U.S. solar business grew 12 times faster than overall job creation, the International Renewable Energy Agency said in a report on Wednesday. About 8.1 million people worldwide had jobs in the clean energy in 2015, up from 7.7 million in 2014, according to the industry group based in Abu Dhabi.

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Renewable Energy Is Coming Online at a Record Pace

How big is the United States’ renewable energy boom?

Big. Very big. For the first three months of 2016, the United States electrical grid added 70 times the amount of new energy capacity from renewable sources that it did from natural gas.

This is a record, according to the Federal Energy Regulatory Commission’s latest Energy Infrastructure Update report, which noted that no new capacity was added to the grid from coal, oil, or nuclear power generation.

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Germany Just Got Almost All of Its Power From Renewable Energy

Clean power supplied almost all of Germany’s power demand for the first time on Sunday, marking a milestone for Chancellor Angela Merkel’s “Energiewende” policy to boost renewables while phasing out nuclear and fossil fuels.

Solar and wind power peaked at 2 p.m. local time on Sunday, allowing renewables to supply 45.5 gigawatts as demand was 45.8 gigawatts, according to provisional data by Agora Energiewende, a research institute in Berlin. Power prices turned negative during several 15-minute periods yesterday, dropping as low as minus 50 euros ($57) a megawatt-hour, according to data from Epex Spot.

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U.S. Still Tops The List Of Most Attractive Renewable Energy Markets

The U.S. has maintained its No. 1 spot as the most enticing renewable energy market for investors in EY’s latest Renewable Energy Country Attractiveness Index (RECAI). Now in its 47th edition, the index ranks 40 markets on the attractiveness of their renewable energy investment and deployment opportunities, based on a number of macro, energy market and technology-specific indicators.

Notwithstanding uncertainty over its Clean Power Plan, the U.S. held its position following the five-year extension of federal tax credits for wind and solar, according to the RECAI. The report says this provided critical certainty for investors and is forecast to galvanize significant capacity deployment through to 2020.

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A Powerful 1-2 Punch: Renewable Energy Tax Credits and the Clean Power Plan

The clean energy transition is well underway in the United States, but strong policies are needed to keep the momentum going. Today the Union of Concerned Scientists is releasing a new analysis showing how two federal measures—the recently extended wind and solar tax credits and the Clean Power Plan—can work together to provide a powerful and affordable boost for clean energy while helping to cut power sector carbon emissions. What’s more, our analysis finds these policies can also deliversignificant economic and health benefits to consumers nationwide.

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Iowa wind boom highlights transformation in Midwest

The U.S. power grid is undergoing an extreme makeover from the hulking power plants that generate most of the electricity all the way down to tiny meters attached to millions of homes. And the nation's midsection is no exception.

From new, sprawling wind farms to thousands of rooftop solar arrays and miles of new high-voltage transmission lines needed to help keep the lights on, the evolution of the Midwest electric system was the focus of an all-day meeting Friday in Des Moines, Iowa.

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The US is actually leading the way on clean energy

Of all the countries in the world, the United States invested the second-most on renewable energy in 2015. Only China outspent us.

American investments reached $44 billion last year, up 17% over 2014. (That figure includes investments from both private companies and government entities.)

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EPA Chief: U.S. Quickly Phasing Out Coal For Clean Energy

he top official at the Environmental Protection Agency said Friday the ongoing legal fight over regulating carbon emissions from coal-fired power plants won't delay the nation's accelerating shift to cleaner sources of energy.

EPA Administrator Gina McCarthy spoke at Climate Action 2016, a conference in Washington on efforts to curb global warming. Seeking to reassure her international audience, McCarthy said the United States will absolutely meet its obligations to cut carbon emissions as agreed to in the landmark climate treaty signed in Paris last December.

"Over the last decade the U.S. has reduced more carbon pollution than any other nation in the world, and we are going to continue that pace," McCarthy said. "While people are really worried that momentum may wane, that is not the case."

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