Something historic is happening across the country. Wind and solar power provided 47 percent of all the new electric generating capacity installed across the country last year. In April of this year, every bit of our new capacity came from the wind and sun. Prices for solar panel installations are down nearly 50 percent over just the past five years, and wind turbine costs have fallen even more.
A carbon tax would raise the price of fossil fuels, with more taxes collected on fuels that generate more emissions, like coal. This tax would reduce demand for high-carbon emission fuels and increase demand for lower-emisson fuels like natural gas. Renewable sources like solar, wind, nuclear and hydroelectric would face lower taxes or no taxes. To be effective, the tax should also be applied to imported goods from countries that do not assess a similar levy on the use of fossil fuels.
The deal is another step in the extended progression of the so-called Clean Line project – an electric transmission line project that officials say will deliver up to 3,500 megawatts (MW) of wind power from the Oklahoma Panhandle region to communities in Arkansas, Tennessee and other states in the Mid-South and Southeast.
The winds of change are blowing in South Dakota. Within two decades, wind energy here could power the equivalent of over 900,000 homes.
The co-founders of Tesla Motors Inc. yesterday invited executives of the nation’s dominant utilities to partner with the Silicon Valley electric carmaker to boost battery storage capacity across the U.S. power grid
“They want us to do something that they candidly acknowledge we have never done before: review the legality of a proposed rule,” wrote Kavanaugh, a Republican appointee. “But the proposed rule is just a proposal.”
A California energy storage startup announced yesterday that it will use Tesla batteries to supply Southern California with electricity. Advanced Microgrid Solutions has selected Tesla’s new Powerpack system as the first battery it will use in commercial and industrial buildings as part of a contract it won from Southern California Edison last year to replace power from the shuttered San Onofre nuclear plant and other aging gas plants.
Gov. David Ige on Monday signed into law four energy bills, including one that strengthens Hawaii’s commitment to clean energy by directing the state’s utilities to generate 100 percent of their electricity sales from renewable energy resources by 2045.
President Obama and leaders of the world’s seven largest economies called today for eliminating the use of fossil fuels by the end of the century. Emerging from two days of meetings in the Bavarian Alps, the Group of Seven (G-7) issued a sprawling communiqué vowing action on everything from terrorism to the conflict in Ukraine. The leaders threw their weight behind a new global climate accord expected to be signed in Paris in December and called for all countries to submit plans to cut carbon after 2020.
When leaders of the Group of Seven wealthy countries pledge to “decarbonize” the global economy, they’re talking about a shift so dramatic that one analyst described it as a new Apollo mission. Like putting a man on the moon, it would require overcoming major hurdles related to technology and money and the political will — so far in short supply — to make it happen. Despite gains by renewable energy sources in recent years, the world is still hooked on fossil fuels that are powering our homes and businesses and fueling our cars, trucks, airplanes and ships.