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.
With the Keystone XL pipeline still delayed, Transcanada has filed with the State Department to get approval for the Upland Pipeline, which would bring Bakken crude north to Saskatchewan, The Wall Street Journal reports.
A unanimous ruling from a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit leaves in place Environmental Protection Agency regulations on heavy truck efficiency and greenhouse gas emissions, The Hill reports.
Word that Russia, Norway and possibly Saudi Arabia are ramping up oil production pressured prices Friday. U.S. benchmark crude dropped 1 percent, or 59 cents, to $57.15 a barrel on the New York Mercantile Exchange, while in London Brent gained 43 cents to $65.28 a barrel, a new five-month high, The Wall Street Journal reports.
Alliant Energy’s Wisconsin Power & Light has formally asked state regulators to approve a new gas-fired plant that will cost $750 million, alongside a solar facility intended to generate 2 megawatts, the Milwaukee Journal Sentinel reports.
Two Democrats – Sens. Joe Manchin of West Virginia and Bob Casey of Pennsylvania – have introduced comprehensive mine safety legislation intended to beef up regulatory enforcement and close loopholes in the 1952 Federal Coal Mine Safety Act, WVPN reports.