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New generating capacity in the US continues to outpace gas and other fossil fuels

New U.S. Capacity from Renewable Sources Far Outpace Natural Gas

The first quarter of 2016 is one of lopsided records. First there are the monthly temperature records, with February the most unusually warm on record followed by March, with yet a new record deviation. In the midst of these increasingly worrisome records is another, offering hope that the response to these changing climate patterns is underway. The latest “Energy Infrastructure Update” report…

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SCOTUS stay only a bump in the road for the Clean Power Plan as the trend away from dirty energy continues

Impact of Supreme Court Stay on Clean Power Plan

Earlier this week the Supreme Court issued a stay in a 5-4 vote along idealogical lines halting progress on the EPA’s Clean Power Plan (CPP), a mainstay of president Obama’s national climate action plan designed to limit greenhouse gas emissions from existing power plants. The order briefly stated that the CPP is on hold until legal challenges to the rule have run…

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A big year for renewables. Two-thirds of new generating capacity from renewable energy

Nearly Two-Thirds of New Generating Capacity in 2015 from Renewable Sources

It was quite a year for renewable energy. 2015 set the record for new electrical generation placed in service from solar, wind, hydropower, geothermal and biomass according to the latest Energy Infrastructure Update report released by the Federal Energy Regulatory Commission (FERC) Office of Energy Projects. Of the 16,485 megawatts (MW) of new generating capacity in 2015, 63.85 percent, nearly two-thirds, came from…

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Abandoned well of a different age: do falling oil prices signal the end of oil?

Falling Profits Augur the End of Oil

The profits of the big oil companies keep falling along with the price of a barrel of crude. In 2015, the profits of oil behemoths like Shell, Chevron, Exxon Mobil and BP tumbled. Together, these big four saw profits decline by an average of 65 percent last year. These falling margins have a cascade of impacts that are hastening the…

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Climate finance will lead to development of microgrids and distributed energy

COP21 Aftermath – How Climate Finance Can Support Development And Climate Objectives Through Renewable Microgrids

By Arnaud Henin The Paris climate negotiations have exceeded most expectations, concluding in an ambitious global agreement on limiting carbon emissions to restrain the impacts climate change. The agreement has several important aspects including a commitment from developed countries to a significant sum of $100 billion per year to support the transition of developing countries to a low-carbon development trajectory,…

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COP21 press conference announcing $3.4 million in fossil fuel divestment

Record $3.4 Trillion Commitment to Fossil Fuel Divestment

At a press conference on Wednesday at COP21 in Paris, representatives from the Rockefeller Brothers Fund, the California Senate, the World Resources Institute and the London School of Economics joined 350.org to announce that $3.4 trillion in assets are now committed to some form of divestment from fossil fuels. May Boeve, executive director of 350.org, noted that some of that divestment is partial, divesting only from…

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IRENA RE Climate Change graphic

IRENA: RE, Energy Efficiency Would Limit Climate Warming Below 2C Tipping Point

Increasing renewable energy to 36% of global energy production would take global society halfway towards the goal of limiting climate warming to the 2 degrees C tipping point, while energy efficiency improvements would take us the rest of the way there, according to IRENA.