Tag: Renewables
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World’s Largest Sovereign Wealth Fund to Invest in Clean Energy
How are investors, businesses and governments doing on the road to the Clean Trillion goal of $1 trillion per year invested in clean energy? Here are my thoughts on the progress and challenges we’ve seen this month. Progress Norway announced this month that it would require its $840 billion sovereign wealth fund (the largest in the world)…
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How 76 State Representatives Crushed an ALEC-Funded Attack on Renewables
Good news from America’s heartland: A bipartisan coalition in the Kansas House stood with Kansans this week in support of clean and renewable energy, turning back yet another attempt to repeal the state Renewable Portfolio Standard (RPS) aimed at fostering homegrown resources like wind and solar power. Specifically, 76 members of the Kansas House of Representatives defeated a…
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The Turbine That Could Transform Wind Energy by Flying the Highest
At first glance, you might mistake the potential future of wind energy as a blimp—the type of added effect perfect for flying over a carnival or football game. Instead, the BAT—Buoyant Airborne Turbine—is a wind turbine inside of an inflatable, helium shell capable rising 1,000 feet above ground. Altaeros Energies, a firm housed at small business…
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Why Investing in Aging Coal Plants is a Losing Bet
This entry is the first of a two-part follow up to the blog Long wrote last fall. This first entry focuses on the national story, the next entry will focus on coal in the west. Across the U.S., economics are increasingly favoring investment in renewable energy at the expense of dirty coal energy. As the price of solar…
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144 Bipartisan Congress Members Request Wind Tax Credit Renewals
There are 80,000 people in the U.S. who are employed in the wind energy industry—an industry that has secured $105 billion in investments since 2005. At the same time, the cost to deploy the energy has dropped by 43 percent in four years and wind has risen to become the fifth-largest power source in the U.S.…