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Concentration of CO2 in the Atmosphere

May 10 News

Economics:

  • Solar price parity has arrived early. Renewable energy now costs the same as other forms of electrical power. The world has changed. And it gets better…  [MSN Money]

Science and Technology:

  • Two years of research on the history of renewable energy produces an interesting result: Renewables historically done far better and at a much lower price than conventional wisdom and conservative projections have said they would. [Greentech Media]
  • Growing corn and processing it into ethanol for mixing with gasoline consumes tremendous amounts of water, fertilizer, pesticides and fossil fuels. The ethanol/gasoline mix may be dirtier than some people imagine. [The Providence Journal]

World:

  • Northern Ireland’s Environment Minister says there are enough renewable energy applications in the planning system to meet the target of generating 40% of electricity by 2020. Eighty-six wind farms that have already been given go-aheads. [Belfast Telegraph]
  • The Green Party of British Columbia has joined forces with the province’s renewable energy sector to offer an alternative to an economy driven by fossil fuels, such as the massive export of liquefied natural gas. [Vancouver Sun]
  • The offshore wind farm that was the subject of an ongoing public feud undertaken by American billionaire developer Donald Trump against its owners, is now under construction. [Renewable Energy Magazine]

US:

  • The Minnesota House of Representatives passed clean energy and jobs legislation to establish a 4% solar energy standard by 2020 and a 40% renewable electricity standard for investor-owned utilities by 2030. The bill passed by a narrow margin, 70-63. [RenewablesBiz]
  • MidAmerican Energy has announced the single largest economic development plan in the history of Iowa. The company hopes to spend $1.9 billion dollars to install over 650 wind turbines throughout the state. [KCAU]
  • The director of renewable-energy investments of US Bancorp, says North Carolina is the top state his bank is investing in. US Bancorp has $80 million to $100 million of investment approved for NC solar, mostly small projects built by local companies. [Charlotte Business Journal]
  • Newport Biodiesel, a for-profit renewable energy company created in Rhode Island in 2008,  is in the business of recycling waste vegetable oil from more than 1,500 restaurants and cafeterias, turning that oil into a fuel for transportation and heating. [ecoRI news]
  • The Department of Energy’s Loan Guarantee Program, started in 2005, has helped 28 companies with various renewable energy projects, while creating over 20,000 jobs. The Advanced Technology Vehicles Manufacturing produced nearly another 40,000. [CleanTechnica]

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