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Tag Archives: Green Energy

Communities bypass utilities to save money, push green power

ALBANY, N.Y. (AP) — Some New York communities are changing the way their residents buy electricity under an initiative designed to save people money while promoting locally-produced, renewable energy. New York is the seventh state to allow community choice aggregation, which lets cities, towns and villages form energy-buying groups that automatically enroll all residents and small businesses. Instead of buying ...

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Cuomo: 112,000 energy efficiency projects done since 2012

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ALBANY, N.Y. (AP) — Some 112,000 homes, hospitals, schools and commercial buildings in New York state have completed or begun energy efficiency projects through state programs intended to encourage clean energy. Gov. Andrew Cuomo announced the total on Wednesday. It includes 90,000 homes and 22,000 apartment buildings, hospitals, schools and commercial sites. All told, the projects will save consumers $341 ...

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Obama seeks $10-per-barrel oil tax to fund clean transport

In his latest effort to fight climate change, the Obama Administration announced plans to tax oil companies $10 dollars for every barrel produced. (Image: Joe Crimmings via Flickr)

WASHINGTON — President Barack Obama wants oil companies to pay a $10 fee for every barrel of oil to help fund investments in clean transportation that fight climate change. Obama will formalize the proposal Tuesday when he releases his final budget request to Congress. The $10-per-barrel fee is expected face solid opposition from Republicans who control Congress and oppose new ...

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Energy Pipeline: Colorado investors look favorably to both traditional and green energy

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While 73 percent of Colorado high-net-worth investors support fracking of shale deposits to develop oil and gas resources, 86 percent of them agree that the U.S. should invest in programs to increase energy efficiency, according to Morgan Stanley’s Investor Pulse Poll. High-net-worth investors are individuals who have investable assets exceeding $100,000. Morgan Stanley conducted the survey in late 2014 to ...

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Pa. Gov. Wolf’s budget to boost green energy on back of fossil fuels

Gov. Tom Wolf is looking to borrow money to inject millions of dollars in subsidies and grants into Pennsylvania’s renewable energy industry. In his proposed $30 billion budget for the 2015-16 fiscal year, Wolf would fund several energy initiatives by issuing $675 million in bonds. He would pay the interest on the bond money with $55 million from a proposed ...

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Renewable Energy Companies Use New Clout in Statehouses

Earlier this year, Ohio became the first state to freeze a scheduled increase in the amount of electricity that must come from wind, solar and other renewable sources. The move gave advocates of repealing states’ mandatory green energy standards a rare victory after defeats the last two years. But the Ohio victory may have been an aberration: Green energy industries ...

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German industry earns cash from green energy upheaval

FRANKFURT – German industry is learning how to profit from the upheaval and costs of the country’s shift towards solar and wind energy. Greater reliance on renewables in Europe’s biggest power market is making the peaks and troughs of electricity production bigger and less predictable, as the wind picks up or drops and the sun shines or disappears behind the ...

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Rockefeller Brothers Fund to divest in fossil fuels

Marissa Hall | Shale Plays Media In a startling move that demonstrates the evolving nature of energy markets, the Rockefeller Brothers Fund has announced that it is part of a group of philanthropic foundations and wealthy individuals that will pull $50 billion in investments from fossil fuel industries. Instead, the fund will transition to investing in clean energy sources over ...

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Duke Energy to spend $500 million on N.C. solar

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Bruce Henderson | Charlotte Observer Duke Energy said Monday it will invest $500 million to acquire three large solar farms in North Carolina and buy power from more new projects. Duke had solicited proposals in February for 300 megawatts in new solar capacity to help meet North Carolina’s green-energy mandate and diversify its portfolio. The purchases announced Monday will total ...

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Editorial: Texas leads in emissions, fights change

The San Antonio Express-News SAN ANTONIO — It’s unfortunate that discussion about climate change is draped in partisan rhetoric. Texas could be a leader in addressing climate change. Instead, this great state is a leader in greenhouse gas emissions — at tremendous potential cost. Great challenges bring great opportunity. Texas has an opportunity to invest and develop clean technologies and ...

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