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Concentration of CO2 in the Atmosphere

August 18 Green Energy News

World:

  • Leading investment bank Citigroup has painted an incredibly bright future for solar energy across the globe, arguing that its rapid expansion will be driven by “pure economics” and the growing need for diversity. [CleanTechnica]
  • Tropikwood Industries Limited and a Korean company Gimco have formed a joint venture to launch a $35 million Biomass plant in Fiji. Renewable energy developments like the Biomass plant help towards Fiji’s electricity target of achieving 100% renewable energy by 2030. [Fiji Broadcasting Corporation]
  • Australian coal and gas generators will reap $10 billion in extra profits over the next 15 years if the Abbott government pares back the renewable energy target, and the nation’s electricity bills will not fall, according to new research. [The Guardian]
  • A group from Cornwall is visiting to Germany to learn about a technology that could supply 150,000 Cornish homes with renewable electricity from deep in the earth. They toured the plant and met with BESTEC GmbH to discuss the deep geothermal plants planned for Cornwall. [Cornishman]
  • The big three energy retailers and other large companies are being targeted by a shame campaign from a combination of environmental advocacy groups because of their attempts to have the Renewable Energy Target reduced in Australia. [Business Spectator]
  • Solar Systems Pty Ltd. suspended plans for a 100-MW plant in the Australian state of Victoria amid growing uncertainty about the government’s commitment to develop clean-energy sources. The government is considering doing away with Australia’s clean-energy targets. [Businessweek]
  • The global aviation industry, led by The Boeing Company and major airlines such as American Airlines Group , has set ambitious goals to reduce its environmental footprint and increase its use of drop-in fuels such as renewable jet and renewable diesel. [NASDAQ]

US:

  • The 1,000-turbine Chokecherry and Sierra Madre wind farm will have no significant impact on the human environment, according to a preliminary assessment released this week by the U.S. Bureau of Land Management. The facility got a state permit just last week. [Casper Star-Tribune Online]
  • The largest proposed onshore wind project in the United States does not need a recently expired federal tax credit to be commercially viable, the head of the company planning to build 1,000 turbines in Carbon County said this week. [Casper Star-Tribune Online]
  • The Michigan International Speedway  made a high-profile pitch for renewable energy in partnership with the utility Consumers Energy, using its Pure Michigan 400 NASCAR Sprint Cup event as the springboard for announcing a raft of new green energy programs. [Triple Pundit]

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