With the Trump Administration poised to reverse U.S. policies on climate change, the head of a major oil and natural gas company is calling again for governments around the world to put a price on carbon emissions once and for all. BP CEO Bob Dudley reiterated his company’s longstanding position in releasing its annual report on global energy trends.
The Hawaiian Electric Companies (HECO) has commissioned the Island’s largest solar park, the 27.6MW Waianae Solar project. The project broke ground in March 2016 with the array coming online mid-this month. It constitutes the largest in operation in Hawaii to date; generating enough clean electricity to power around 11,000 homes annually. Located on just over 80 hectares of land in West Oahu, the park will sell its energy to HECO at the rate of 14.5 cents/kWh. It is therefore not only the biggest, but on the lowest-cost renewable projects on the Island
Wind capacity in America has swung sharply upward since 2000, and the latest boost came this Wednesday: New York continued the wind bonanza with Gov. Andrew Cuomo’s announcement that Long Island will soon host America’s biggest offshore wind farm. But despite the governor’s ambitious plans for the blue state to get half of its energy from renewables by 2030, it still lags, at least in wind, far behind America’s unexpected leader. Everything’s bigger in Texas. And that includes energy of all varieties.
Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one—one that’s been used to help justify the company’s $5 billion factory near Reno, Nev.—but batteries have so far only appeared in a handful of true, grid-scale pilot projects. That changes this week.
President Donald Trump’s vow to pull back from climate-change efforts endangers one of the few areas where China and the U.S. have seen eye-to-eye, exacerbating tensions as he takes on more contentious subjects. “There is a long history of countries that struggle to get along, using the subject of the environment to continue talking and build good will,” said David Victor, co-chair of the Brookings Institution’s foreign policy, energy security and climate initiative. “This is the equivalent of fathers and sons talking about sports.”
The United States will switch course on climate change and will pull the country out of a global pact to cut emissions, said Myron Ebell, who headed U.S. President Donald Trump’s Environmental Protection Agency (EPA) transition team until his inauguration. “(Trump) could do it by executive order tomorrow or he could do it as part of a larger package,” Ebell told a conference in London on Monday. “I have no idea of the timing.”
The Senate Energy and Natural Resources will vote on two Trump administration nominees on Tuesday, pushing ahead the confirmation process for President Trump’s energy and environment team. The committee will consider Rep. Ryan Zinke (R-Mont.) to be Interior secretary and Rick Perry to be secretary of Energy.
President Donald Trump signed an order on Monday that will seek to dramatically pare back federal regulations by requiring agencies to cut two existing regulations for every new rule introduced. “This will be the biggest such act that our country has ever seen. There will be regulation, there will be control, but it will be normalized control,” Trump said as he signed the order in the Oval Office, surrounded by a group of small business owners.
“My own personal view is that the EPA would be better served if it were a much leaner organization that had substantial cuts,” he said in an interview. Ebell is director of the Center for Energy and Environment at the Competitive Enterprise Institute, a small-government think tank where he pushes the notion of “global warming alarmism” and against the science that says it’s a crisis. He acknowledges cutting 10,000 staffers might not be realistic, yet he sees that as an “aspirational goal. … You’re not going to get Congress to make significant cuts unless you ask for significant cuts.”
Saudi Arabia is planning to produce 10 gigawatts of power from renewable energy sources including solar, wind and nuclear by 2023 and transform Aramco into a diversified energy company. The kingdom also plans to develop a renewable energy research and manufacturing industry as part of an economic transformation planannounced by Deputy Crown Prince Mohammed bin Salman in April.