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Concentration of CO2 in the Atmosphere

July 17 Green Energy News

Australian Carbon Tax Repeal (a cautionary tale):

  • The Australian Senate voted on Thursday to scrap the country’s carbon tax and plans for emissions trading, a major victory for conservative Prime Minister Tony Abbott that leaves uncertainty about how the country will meet its carbon reduction goals. [Gulf Times]
  • Opinion: “‘A Perfect Storm of Stupidity’: Scientists React To News The Carbon Tax Is Gone” The Abbott Government delivered on its election promise to repeal the carbon tax today, 10 months after taking office. [Business Insider Australia]
  • Opinion: “Carbon repeal: condemning our children for cheap political points” Australia has returned to its old role opposing serious action on climate change, having replaced functional, effective and low-impact carbon pricing with a witless policy of handouts to corporate mates. [Crikey]
  • The Tasmanian state government has hailed the repeal of the carbon tax as a win for consumers, and the repeal was immediately greeted with optimism by Acting Premier Jeremy Rockliff. But the Opposition says it will leave a huge black hole in the state’s budget. [Yahoo!7 News]
  • Australia cut carbon dioxide emissions from its electricity sector by as much as 17 million tonnes because of the carbon price and would have curbed more had industry expected the price to be permanent, according to an Australian National University study. [Sydney Morning Herald]
  • John Rice, vice-chairman of US multinational GE, one of Australia’s largest foreign investors, says its $3.5 billion pipeline of investment in green energy in this country is at risk because of possible changes to the renewable energy target. [The Australian]
  • Global clean energy investment surged to $63.6 billion in the second quarter of 2014, up 33% compared to the first quarter and 9% compared to Q2 2013. But in Australia, utility-scale renewable energy project investment has largely dried up over policy uncertainty. [The Australian]

World:

  • Europe will invest around $1 trillion into growing its renewable energy capacity by the year 2030, according to a new report from Bloomberg New Energy Finance. Of this, $339 billion is expected to be into rooftop solar PV, and $250 billion into onshore wind energy. [CleanTechnica]
  • Rural communities in Rwanda’s Eastern Province are quickly embracing use of biogas as a way of cutting the cost of fuel for cooking and lighting. The province, with the biggest cattle population in the country, has seen a number of households install biogas digesters. [AllAfrica.com]
  • The government of Nepal has provided a ‘net metering’ system to allow a ratepayer to bank energy generated from the installation of rooftop solar PV system for later use or share for credits from Nepal Electricity Authority. [E Kantipur]
  • EDF EN Canada Inc., a subsidiary of EDF Energies Nouvelles, and Enbridge Inc. dedicated the 300 MW Blackspring Ridge Wind Project today. Located in Vulcan County, Alberta, the project is the largest investment in wind energy in Western Canada. [AltEnergyMag]
  • A new report from the European Wind Energy Association has revealed a total of 4.9 GW of new offshore wind power currently under construction in Europe consisting of 16 new commercial wind farms. [Renewable Energy Magazine]

US:

  • Following two record-setting months in May and June of this year, total American EV sales have surged past 222,000 units since late 2010, and while the Nissan LEAF and Chevy Volt remain the dominant players, there are many more options now. [CleanTechnica]
  • Minnesota Power has settled with the EPA over emissions at coal-fired power plants. In addition to a $1.4 million civil penalty, the company will invest in renewable energy, including a 1-MW solar installation. The agreement includes 200 MW of wind energy. [Northland’s NewsCenter]
  • The U.S. will build 351,000 MW of new electric generation capacity by 2040, according to an  Energy Department forecast. The agency projects new capacity over the next three decades will be 73% natural gas, 24% renewable and 3% nuclear. [FuelFix]

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