Senate Finance Chairman Ron Wyden on Tuesday unveiled a package of tax break renewals and extensions that would revive supports for biofuels and alternative vehicles, but leaves out for now any proposal to renew the expired wind Production Tax Credit.
Wyden, D-Ore., set up a Thursday committee voting session on the bill. His draft covers 45 individual, business and energy tax breaks that expired at the end of last year or will expire this year. The production tax credit, a top priority of the wind industry, could be offered as an amendment at that session.
Europeans may have been the first to test methods of getting clean energy from the ocean -- which include underwater turbines, wave floats and systems that work with water temperature -- but The Wall Street Journal reports that China is moving into the sector in a big way.
BILLINGS, Mont. (AP) — A California utility that invested in a Montana wind farm has accused the developer of fraudulently concealing that federal wildlife officials recommended the project get a permit in case it harms eagles.
San Diego Gas & Electric and a subsidiary of Spanish wind developer NaturEner filed dueling lawsuits in California and Montana stemming from a dispute over the wind farm near Cut Bank.
Hawaiian Telecom is looking to sign a 25-year deal with contractors TSWG Solar and Sunetric to install and maintain solar panels on 78 of its buildings around the state in a push to cut its energy costs, according to a filing with the Hawaii Public Utilities Commission, the Hawaii Tribune-Herald reports.
Boston-based Altaeros Energies is months away from deploying any of its high-altitude devices, called Bouyant Airborne Turbines or BATs, in Alaska, as it's in the early stages of applying for permits, a company official told the Fairbanks Daily News-Miner.
Utility customers in Oklahoma who install solar panels or small wind turbines would pay a monthly surcharge under a measure set to be considered by the state House Utility and Environmental Regulation Committee Monday, which has already been approved unanimously in the state Senate, The Oklahoman reports.
DES MOINES, Iowa (AP) — Iowa senators last week unanimously approved bills designed to encourage the state's production of wind and solar power, but a proposal to encourage more use of renewable fuels was delayed because of concerns about cost.
While the Senate voted 46-0 for the solar and wind bills, Republican leader Sen. Bill Dix sought a delay in the biofuels bill, which would temporarily increase the tax credit for E15, a fuel with 15 percent corn-based ethanol. Most fuel sold in Iowa has 10 percent ethanol.
As the fuel-cell maker is likely to announce a balance sheet in the black for first time in its 21-year history, the outgoing CEO of Ballard Power Systems, John Sheridan, told Bloomberg that the company has changed radically in the years since it was hit hard by the burst of a technology bubble back in 2000.
Kingston Chang, the General Manager for Tesla Motors' operation in China, has left the company after about a year in the post, Bloomberg reports, noting that the move comes not long after Tesla CEO Elon Musk announced his intention to expand operations there.
By visiting Taiwan, Environmental Protection Agency Administrator Gina McCarthy is breaking a promise the U.S. made to China, a Chinese foreign ministry spokeswoman said at a briefing, adding that Beijing has lodged a protest, Reuters reports.
West Texas Intermediate dipped Tuesday on predictions that U.S. inventories increased last week, with the contract for May delivery closing down 30 cents to $103.75 a barrel on the Nymex. In London, Brent fell 33 cents on the final day of the May contract, to $108.74, Bloomberg reports.
CEO Jeff Immelt still has the support of the board at General Electric, but people familiar with the company say discussions have begun about whether GE should pick a veteran executive as his successor, The Wall Street Journal reports.
Richard Li, the Hong Kong billionaire outbid in the sale of bankrupt Fisker Automotive, still stands to make more than $60 million on the company’s loan he bought at auction from the Energy Department last year, The Wall Street Journal reports.
Sen. Mary Landrieu, D-La., facing a tough re-election battle, released a campaign ad in which she stresses her defense of the state’s oil industry and her power as the chair of the Senate Energy and Natural Resources Committee, as well as her differences with the Obama administration, The Hill reports.
Attorney General John Suthers considers Colorado to be ground zero in the debate over fracking, where voter initiatives against the drilling practice are multiplying even as the oil boom in the state intensifies, The Denver Post reports.