As the United States moves closer to imposing an economic cost on carbon dioxide emissions in the form of emissions limits on power plants, there will be a shift in the ranking of fuels that are most economic for power generation. And while nuclear’s future is looking more promising, it is not certain that it… Keep reading →
The US federal government has long had a hand in guiding development of the country’s energy sector. In some cases, such as the Department of Energy’s role in the early stages of research and development that helped usher in the shale boom, this has been hailed as a success. In others, such as the highly-publicized… Keep reading →
As emissions reductions and climate change mitigation have moved the the forefront of the US political debate, both the Department of Energy and the International Energy Agency have shone a light on the potential and the importance of working with traditional fossil fuels, rather than pushing to phase them out. The International Energy Agency’s 2013… Keep reading →
The Department of Energy looks set to award $8 bln in loan guarantees to limit greenhouse gas emissions produced from the oil & gas and coal sectors. The DOE’s proposal would apply to both downstream carbon capture – such as from coal-fired power plants – and to upstream emissions mitigation. Perhaps not what the world… Keep reading →
Advocates of loan guarantees claim that this subsidy is a success when the recipient company remains in business. This is a superficial and misleading way to view loan guarantees. Indeed, loan guarantees are among the most pernicious ways that governments distort markets and harm American families and businesses alike. Here are seven reasons why.
This piece was originally posted on the Heritage Foundation’s website. Learn more here. Keep reading →
It may not compare to the German solar market. But the U.S. is definitely becoming a major force globally when it comes to new installations.
According to the 2012 Solar Market Insight report from GTM Research and the Solar Energy Industries Association, America installed 3,313 megawatts of solar capacity last year — accounting for 11 percent of total global installations. That’s up from 7 percent in 2011. Keep reading →
An 11th hour withdrawal from a long-anticipated initial public offering could be a potentially damaging blow for a cleantech startup trying to raise additional capital from the public markets.
But BrightSource, the concentrating solar power startup with 9 GW of projects in the pipeline, has not ruled out another attempt at a public launch. Keep reading →
It may only be coincidence that head of the DOE Loan Program, Jonathan Silver, stepped down today, amid a public outcry over the failed $535 million loan to the now-bankrupt Solyndra.
According to Secretary of Energy Steven Chu, Silver said he would leave the office months ago once the 1705 loan program expired on September 30. He is currently moving on to become a Distinguished Visiting Fellow at policy think tank Third Way. Keep reading →
Obama and business finally agree. The renewable energy business, that is.
“If we are going to compete in the 21st century, we have to dominate cutting edge technologies,” Obama said at a Thursday morning press conference. Keep reading →
LIVE: #Obama on loan guarantee program for #cleantech development — ‘We are not going to start when all heck is breaking loose’ @whitehouse
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