First-quarter decline in investment reflects partly falling cost of capital for renewables, allowing investors to install same capacity for less cash.
Tag: "clean energy"
Trump administration’s first statement on energy, used to justify the elimination of environmental rules, was a distortion.
Old energy rules were all about locking in cheap base-load power, and supplementing it with more expensive capacity, generally gas, to meet the peaks. The new way is about putting in super-cheap, “base-cost” renewable power at the heart of the world’s grids.
We are in the midst of experiencing the impacts of dangerous global warming, which made it all the more jarring when the Federal Government came out championing the big polluters that are driving global warming.
Worldwide spending on clean energy fell 18 percent from 2015’s record high. However, even as spending ebbs, the amount of wind and solar connected to power grids around the world is still climbing.
New York Governor Andrew Cuomo promises declining carbon emissions even as the state closes the Indian Point nuclear power plant.
This week in climate and energy policy, we are left in no doubt where power lies in Conservative government decision making.