For Tesla Motors Inc., stationary energy storage is shaping up to be a big part of its business. The company introduced a home battery storage system, Powerwall, and a larger, utility-scale storage unit called Powerpack, in April. “The demand has been really crazy. It’s well over a billion dollars” of reservations, said Tesla CEO Elon Musk yesterday during a quarterly earnings call. “We’re basically sold out of what we can make in 2016 at this point.”
Millions of people around the world are experiencing a scorching summer, as records are broken and thermostats climb this week in parts of Europe. Temperatures in Paris and Brussels exceeded 90 degrees Fahrenheit at a time of year when 70-degree weather is the norm, according to Accuweather.com. In Bandar-e Mahshahr, Iran, temperatures climbed to 115 F last week. The temperature, together with high humidity, felt like 163 F to hapless people directly exposed to the weather, according to Accuweather.
The United States can “change the world” by tackling climate change, U.N. Secretary-General Ban Ki-moon said yesterday emerging from a White House meeting with President Obama. Calling the Clean Power Plan, aimed at reducing greenhouse gas emissions from the power sector, “visionary and important leadership,” Ban predicted that the U.S. effort will encourage other countries to take bold steps as leaders prepare to sign a global climate change agreement in Paris in December.
President Obama’s love affair with natural gas is over. The president once touted gas as an essential clean bridge fuel to wean the United States off dirtier fossil fuels and onto renewable energy, and it was seen as a key to his landmark climate change rule for power plants. But when Obama unveiled the finalized rule this week, he barely spoke about natural gas. Instead, the Environmental Protection Agency (EPA) boasted that the new regulation will accommodate a large transition from coal power directly to renewables like wind and solar, skipping over natural gas altogether.
A majority of voters in eight political swing states disagree with Senate Majority Leader Mitch McConnell’s (R-Ky.) advice to state officials to buck the newly finalized Clean Power Plan, according to a new Public Policy Polling survey released today. The poll, commissioned by liberal group Americans United for Change, surveyed 4,517 registered voters in Colorado, Florida, Minnesota, New Hampshire, Nevada, Ohio, Pennsylvania and Virginia.
California’s pursuit of ever-more renewable energy is pushing odd partners into a debate over the role of rooftop solar. The past few years have brought bruising fights between utilities and small-scale renewables companies over policies that compensate rooftop solar systems for putting power back into the grid. The two sides have been lobbying against each other in California, Arizona, Florida, Nevada, Utah and other states over claims that rooftop solar doesn’t pay its fair share for using the grid.
Senate Democrats today renewed their attempt to curb oil and gas subsidies and raise billions of dollars as lawmakers search for revenue streams for a host of measures on Capitol Hill, including a transportation extension and a tax extenders package. Sen. Robert Menendez (D-N.J.), along with 18 Democratic co-sponsors, reintroduced the “Close Big Oil Tax Loopholes Act,” a bill that would target a variety of deductions for the five largest oil companies — BP PLC, Exxon Mobil Corp., Royal Dutch Shell PLC, Chevron Corp. and ConocoPhillips Co. — and use the revenue for deficit reduction.
…If we create the right environment for innovation, we can accelerate the pace of progress, develop and deploy new solutions, and eventually provide everyone with reliable, affordable energy that is carbon free. We can avoid the worst climate-change scenarios while also lifting people out of poverty, growing food more efficiently, and saving lives by reducing pollution. To create this future we need to take several steps:
16 states ask EPA to put rules on hold”This request is a necessary first step and prerequisite to confronting this illegal power grab by the Obama administration and EPA,” Morrisey said in a statement. The effort includes predominantly Republican-led states. They are Alabama, Arizona, Arkansas, Indiana, Kansas, Kentucky, Louisiana, Nebraska, Ohio, Oklahoma, South Carolina, South Dakota, Utah, Wisconsin, Wyoming and West Virginia.
Kentucky Gov. Steve Beshear and West Virginia Gov. Earl Ray Tomblin — both Democrats — are being urged by their states’ congressional delegations, attorneys general and coal companies to not submit plans for complying with the rule for existing power plants. The governors have resisted, saying their states would fare better with their own emissions plans. This stance was eased by the fact that EPA’s 2014 draft assigned both states light targets. But that changed yesterday when EPA finalized a rule with significantly different state targets under which both Kentucky and West Virginia ended up with much heavier lifts.