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Concentration of CO2 in the Atmosphere

August 11 Clean Energy News

Economics and Finance:

  • A new report from global research house Bloomberg New Energy Finance says cutting the renewable energy target would lead to an increase in electricity bills for consumers, not a reduction, puncturing the rhetoric from incumbent fossil fuel generators. [RenewEconomy]


  • Ironically, Texas is leading the way in the transition from fossil fuels to renewable energy. In “The Great Texas Wind Rush,” Kate Galbraith and Asher Price tell the strange, inspiring and at times funny story of how a culture known for Big Oil came to embrace Big Wind. []


  • South Korea has warned of power shortages this week partly because of heat and as partly because the country is struggling to keep up with demand after six nuclear plants have gone off-line. Three reactors are offline replacing cables with forged safety certificates. [Yahoo! News]


  • Scituate is the first town in Massachusetts to power all of its government services using only renewable energy, saving $400,000 per year. All municipal services – including water, sewer, municipal buildings, and streetlights – will soon be powered by the sun and the wind. []
  • Pacific Gas & Electric,  the same company that sprung to notoriety in the wake of Erin Brockovich, has garnered a lot of positive attention lately as it quickly becomes the leading solar-powered electricity purchaser in the US. [DailyFinance]
  • A 5.57 MW project in Plymouth, Massachusetts, covers 25 acres of land with 23,670 individual solar panels. The project went online this week, producing energy that will be credited to the local schools, an annual saving of $500,000. [Wicked Local Plymouth]
  • The Nuclear Regulatory Commission will investigate the finances of three nuclear reactors owned by Entergy Nuclear – Vermont Yankee, Pilgrim in Massachusetts and the FitzPatrick reactors in New York – as a result of a petition by four anti-nuclear groups. [Rutland Herald]

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