The Securities and Exchange Commission is conducting a formal investigation of SunEdison Inc. after the solar giant filed for bankruptcy earlier this year. In a filing this week, SunEdison said it had received a subpoena “seeking production of certain emails and other electronic communications.” It also has received subpoenas from the Department of Justice “seeking information and documentation relating to various matters.”
Former President Bill Clinton on Thursday afternoon gave Iowa voters a message of optimism about the future under a president Hillary Clinton, saying the Hawkeye State was uniquely positioned for a bright outlook despite the “bleak” nature of the 2016 campaign He said there were three main reasons for Iowa’s promising future, but he only explained two of them before going off on the kind of anecdotal tangent he has become known for. His view of Iowa’s position came down to two points — soil and wind.
China Hot Springs is more than just a roadside attraction for tourists; it’s equal parts alternative energy laboratory, experiment in sustainability and all-ages classroom, as well as a full-time “imaginarium” for Bernie Karl, who along with his wife, Connie Parks-Karl, has owned and operated the resort since purchasing it from the state in 1998. At the time, the state was losing $1 million annually, in part because of reliance on diesel fuel to generate electricity. Karl wasted no time tapping the geothermal resources below ground, using an innovative technology to harness energy that was previously considered too cool to be a viable power source.
The world’s most prominent energy forecaster will raise its outlook for wind and solar installations following a decade of underestimating growth in the renewables industry. The International Energy Agency, which was established as a watchdog of the industry in the wake of the 1973 oil crisis, will “significantly” raise its estimates for renewables when it publishes its annual mid-term market report for the industry at the end of this month, a spokesman for Paris-based organization said.
The exceptional output brought the country membership in a small but growing club of nations proving that the vision of a world powered by renewable fuels is closer than many realize. Long derided as a fantasy, a day’s worth of energy harvested purely from the sun and the wind has lately become reality in nations such as Portugal, Denmark and Costa Rica. In those countries, and others, the gains in renewable production have come quickly and unexpectedly, offering a ray of hope amid dire predictions from scientists about the impact of carbon emissions on the planet
Negotiators from more than 170 countries on Saturday reached a legally binding accord to counter climate change by cutting the worldwide use of a powerful planet-warming chemical used in air-conditioners and refrigerators. The talks in Kigali, the capital of Rwanda, have not drawn the same spotlight as the climate change accord forged in Paris last year. But the outcome could have an equal or even greater impact on efforts to slow the heating of the planet.
“What steps will your energy policy take to meet our energy needs, while at the same time remaining environmentally friendly and minimizing job loss for fossil power plant workers?” Like it or not, the next president will need an answer to this question, posed by audience member Ken Bone in the second presidential debate, in the early days of his or her administration.
In the past decade, an ambitious — but still mostly hypothetical — technological strategy for meeting our global climate goals has grown prominent in scientific discussions. Known as “negative emissions,” the idea is to remove carbon dioxide from the air using various technological means, a method that could theoretically buy the world more time when it comes to reducing our overall greenhouse-gas emissions.
LM Wind Power, a blade manufacturing company, has been acquired by General Electric Co. GE struck a €1.5 billion ($1.6 billion) deal with the manufacturer’s owner, Doughty Hanson & Co., and has announced that it will be incorporated as a stand-alone unit, adding in a statement that it intends to support industry customers “with the aim of expanding these relationships.”
Rapidly rising investment in renewable energy has allowed for a “decoupling” of economic growth from greenhouse gas emissions across much of the world, but the future will continue to be shaped by dynamic and sometimes volatile energy markets, according to findings released yesterday by the World Energy Council. In its latest resources report issued yesterday, the council said the past 15 years have witnessed “unprecedented change in the consumption of energy resources worldwide,” and that “most countries have achieved a more diversified energy mix” thanks to steeply falling costs for nontraditional energy fuels and technologies, including renewables.