Sixty percent of Fortune 500 companies have set a climate or energy-related goal, yet they vary dramatically in terms of ambition and are not happening at the speed or scale needed to align with what the science requires, according to a new World Wildlife Fund (WWF) report.
The problem remains the same – the expected tariff would drive up the cost of solar panels in the United States, making renewable energy less competitive in the marketplace while simultaneously harming solar installation jobs.
What are SBTs? Put simply, Science-based Targets specifies how much and how quickly companies need to reduce GHG emissions in order to avoid a 2°C global temperature increase. SBTs provide a clear pathway for a company to achieve future business growth while remaining below the 2°C limit. More than 300 companies have committed to setting SBTs under the Science Based Targets Initiative (SBTi) and over 70 companies have approved SBTs.
What would a repeal of the Clean Power Plan (CPP) actually mean? The announcement that the EPA is seeking to repeal the CPP raises some valid questions about the future of clean energy and carbon emissions in the U.S. To understand the impact, let’s look at some important context.
ENGIE NA and Holyoke Gas & Electric (HG&E) today announced plans for the largest utility-scale energy storage installation in Massachusetts. Green Charge, an ENGIE NA subsidiary, will operate the three-megawatt energy storage system at Mt. Tom Solar, which began operation in January of this year adjacent to the former Mt. Tom Power Station. The system will be used to optimize intermittent solar energy and reduce utility capacity costs for HG&E, the system’s customer, while reducing stress on the HG&E distribution system. This project will contribute to rate stabilization for HG&E customers over the next 20 years.
For growing maritime nations like Indonesia and the Philippines, integrated liquefied natural gas (LNG) receiving terminals and gas-fired gen can help balance the power mix. Although coal remains the No. 1 fuel choice, LNG and gas-to-power development could gain momentum, according to this year’s Electric Industry Report.
The federal government has long played a central role in shaping U.S. energy independence and security. Today, however, we stand at an inflection point where states, municipal governments and even corporations are stepping up to become the primary drivers of the future of clean energy.
A new administration has vowed to roll back numerous environmental regulations aimed at reducing the nation’s carbon footprint. Does this give power providers new impetus to rewrite their long-term planning? This year’s Strategic Directions: Electric Industry Report finds this isn’t necessarily the case.
Chattahoochee Riverkeeper announces the 2017 Climate Change Conference with presenting sponsors Cox Enterprises and The Ray C. Anderson Foundation. The conference is set to take place on September 27-28, hosted by the Ray C. Anderson Center for Sustainable Business at the Georgia Tech Global Learning Center.
A decade after AN INCONVENIENT TRUTH brought climate change into the heart of popular culture, comes the riveting and rousing follow-up that shows just how close we are to a real energy revolution.
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