Investment in renewable energy grew 17 percent in 2014, driven by significant increases in the developing world, according to a new United Nations report.
The report, issued by UN Climate Program, says the growth in investment reversed a two-year decline, and was driven by China, which increased its spending by 39 percent. Renewables investments by the United States grew by 7 percent.
United Nations Under Secretary General Achim Steiner, also director of the United Nations Environment Programme, speaks at the Atlantic Council on a new report highlighting global efforts on renewable investment.
Even with solar installations of their own, most customers would be better off financially staying connected to the grid, according to a study in the journal Energy Policy, The Washington Post reports.
Language in a defense appropriations measure introduced last August by Sen. Barbara Mikulski, D-Md., was one obstacle cited by a subsidiary of Pioneer Green Energy as it announced it was putting plans on hold for a wind farm in the Chesapeake Bay area, The Delmarva Daily Times reports.
Driven by strong renewable policies and new projects coming online, California has become the first state to exceed 5 percent electric generation from utility-grade solar projects and now produces more solar energy than all other states combined, according to the federal government’s energy statistics agency.
According to Energy Information Agency data released Tuesday in its Electric Power Monthly report, California's utility-grade solar generated 9.9 million megawatt hours of electricity in 2014, up from 3.8 megawatt hours in the previous year.
The three Democrats willing to join Senate Republicans in the fight against the new water rule finalized by the Environmental Protection Agency and the Army Corps of Engineers won’t give the GOP the two-thirds majority needed for legislation to block it, The Hill reports.
Shortcomings in Shell Oil Co.’s plan to tow the Kuluk drilling rig across the stormy Gulf of Alaska led to its grounding in 2012, according to a report from the National Transportation Safety Board, FuelFix reports.
Gov. Bill Walker, I-Alaska, visited Seattle to tour an Arctic drilling rig parked there, and then met privately with his Washington counterpart, Democratic Gov. Jay Inslee, to challenge the state’s opposition to Arctic drilling, The Associated Press reports.
Shell appears unfazed by the latest opposition in Seattle to its Arctic drilling fleet: A decision by King County to deny the ships a permit to discharge waste water into the regional sewer system, the Seattle Post-Intelligencer reports.
Increased environmental regulation, lower natural gas prices and reduced demand as a result of economic problems were cited as reasons why CanAm subsidiary Birmingham Coal & Coke filed for Chapter 11 bankruptcy protection Wednesday, Platts reports.
Larger than expected declines in crude and gasoline supplies helped support oil prices Thursday. U.S. benchmark crude gained 17 cents to settle at $57.68 a barrel on the Nymex, while in London, Brent ended 52 cents higher at $62.58, The Wall Street Journal reports.
The biggest change stemming from Mexico’s energy reform might be more integration between U.S. electricity utilities with their counterparts south of the border, Energy Secretary Ernest Moniz said at a conference Wednesday, Bloomberg reports.
Fracking ban supporters continue to look into possible legal challenges to a new state law blocking Denton, Texas from interfering with drilling, while protesters have been picketing a well site, the Denton Record-Chronicle reports.