Only time will tell the true future of electric car sales. As Yogi Berra noted, “It’s tough to make predictions, especially about the future.” But the latest Outlook highlights the need for alternate scenarios to consider a future with far lower electric car prices than currently forecast.
“When you look at the businesses Tesla is in, you see many areas of overlapping interest” with the Trump administration, Mr. Jonas told me. “To the extent the new administration prioritizes the creation of valuable, innovative high tech and manufacturing jobs, Tesla stands at the epicenter of that.” A major fear of investors in solar power was that a Trump administration would end the federal subsidies so reviled by fossil fuel proponents. While that remains a concern, the most recent jobs data suggests that the subsidies have led to a surge in new well-paid jobs, exactly what the president has advocated.
Myron Ebell said in an interview Thursday with The Associated Press that Trump is likely to seek significant reductions to the agency’s workforce — currently about 15,000 employees nationwide. Ebell, who left the transition team last week, declined to discuss specific numbers of EPA staff that could be targeted for pink slips. Asked what he would personally like to see, however, Ebell said slashing the agency’s size by about half would be a good start.
Every so often, amidst partisan rancor, a glimmer of hope emerges where both sides want the same thing. In these rare instances, it’s an opportunity for all of those legislators who came to Washington to get things done to really get to work. This just happened with infrastructure, and electricity transmission in particular.
In the United States, more people were employed in solar power last year than in generating electricity through coal, gas and oil energy combined. According to a new report from the U.S. Department of Energy, solar power employed 43 percent of the Electric Power Generation sector’s workforce in 2016, while fossil fuels combined accounted for just 22 percent. It’s a welcome statistic for those seeking to refute Donald Trump’s assertion that green energy projects are bad news for the American economy.
group of Wyoming lawmakers is bucking the U.S. trend of stricter renewable energy requirements with a plan to do the opposite: Fine utilities if they provide energy produced by wind or the sun. Blustery Wyoming ranks among the top states for wind-energy potential, but the coal, oil and natural gas industries are the backbone of the state’s economy.
“Whatever they do in Washington, they can’t change the facts,” Brown said. “And these are the facts: The climate is changing, the temperatures are rising, and so are the oceans. Natural habitats everywhere are under stress.”
President Donald Trump’s full-throated support for fossil fuel production and his climate change denial have raised concerns about the future of renewable energy projects in America, but some investors believe the president cannot hold back solar and wind energy deployment — or alternative energy stocks. Those investors say goals adopted by more than half of U.S. states are what’s driving growth in renewable energy projects, and Trump will have little effect on these efforts. They also note that more corporations are pledging to draw power from renewable sources, and lawmakers on both sides of the aisle last month renewed subsidies for solar and wind energy firms
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 spor
U.K. offshore wind power is on target to become the cheapest source of large-scale clean energy, surpassing the government-mandated price target four years early. The levelized cost of energy for offshore wind — a benchmark measuring affordability over the lifetime of generation assets — dropped below 100 pounds ($125) a megawatt-hour in 2016, according to a report published Tuesday by the the U.K.’s Offshore Wind Programme Board, a group that includes industry and government representatives. The goal had been to pass the 100-pound threshold by 2020.