It may seem easy to dismiss the proposed Clean Power Plan as another intractable logjam between the Obama administration and fossil fuel-state Republicans, as political wrangling and lawsuits keep flying and the Supreme Court temporarily halts its implementation. But the Clean Power Plan has a very decent chance of becoming the law of the land […]
Humanity is making risky climate bets and ExxonMobil will probably be proved right How much of the world’s fossil fuel reserves will eventually be burnt? This is not just a question for those concerned with climate policy. It is also a question for investors even if they believe (absurdly, in my view) that the science […]
Renewable energy is the future, sure—but how much of the future could it possibly be? And how soon will that future, the one lined with towering wind turbines and studded with silicon solar arrays, arrive? Those are the big questions now; everyone and their mother is already sold on the idea of sustainable power. The […]
The Netherlands will need to direct an additional €24 billion ($30 billion) towards the development of renewable energy in order to meet its 2020 renewable energy target, according to a report by Rabobank. Renewable energy accounted for 4% of Dutch energy output in 2011, and Rabobank estimates that at current rates of investments, it will […]
Scotland’s renewable energy output increased by 45% in the first quarter of this year, compared with the same period last year. UK government figures showed Scotland generated 4,590 gigawatt hours (GWh) of renewable energy in the first three months of 2012. This was an increase of 1,435 Gwh on the first quarter of 2011. Scotland […]
Goldman Sachs is to announce a target to make $40 billion of renewable energy investments or financings over the next ten years – implying a lower level of financing by the bank than in the previous six years. The bank is set to announce this new target at its annual meeting today. “This target reaffirms […]