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Governors' Wind Energy Coalition

November 7, 2016

Lame duck: blockbuster session or just lame?

Geof Koss, E&E News reporter  •    •  Posted 2016-11-07 06:26:02

Also on the lame-duck agenda is bipartisan efforts to reconcile the House and Senate’s competing energy bills, which, if fruitful, would result in enactment of the first major energy bill since 2007. Senate conferees last month sent the House a compromise proposal, and discussions are expected to step up once members return next week [ read more … ]

Turning to turbines: As commodity prices remain low, wind energy leases offer a welcome source of income for farmers

By Cole Epley, Omaha World Herald  •    •  Posted 2016-11-07 04:41:15

In Iowa, which got 31 percent of its power from wind in 2015, more than any other state, money from turbines has protected farmers from falling corn prices. Annual lease payments of about $17 million helped some avoid foreclosure as they prepared for a record corn harvest that could drive receipts to a 10-year low. Tim Hemphill, a corn and soybean farmer outside Milford, gets about $20,000 a year for leasing land for turbines. “A few years ago corn was $7 a bushel,” he said. “Now my cost to raise it is $4.20 and (the price) could fall to $2.70. It’s going to break a lot of people.” [ read more … ]

Paris Climate Deal Enters Force Ahead of Schedule. Now What?

By The Associated Press  •    •  Posted 2016-11-07 04:42:41

The Paris Agreement on climate change enters into force on Friday — faster than anyone had anticipated — after a year with remarkable success in international efforts to slash man-made emissions of carbon dioxide and other global warming gases. It means the world has moved a little closer to fixing what scientists say is the root cause of the world’s rising temperatures.
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Koch Industries, Van Jones united in carbon tax battle

Hannah Hess, E&E News reporter  •    •  Posted 2016-11-07 04:43:10

Koch Industries Inc. and a political organization founded by President Obama’s former green jobs czar Van Jones each spent five-figure sums on the same side of an environmental campaign last week.They are working against a ballot measure in the Pacific Northwest that would impose the first-ever statewide carbon tax. With high-profile endorsements and big spending on both sides of Washington State Initiative 732, observers say the debate over an escalating, revenue-neutral carbon tax could foreshadow a broader national dialogue about how to reduce greenhouse gas emissions. [ read more … ]

Mercedes-Benz launches U.S. battery company

Christa Marshall, E&E News reporter  •    •  Posted 2016-11-07 04:42:09

Watch out, Tesla. Mercedes-Benz is making a play for the U.S. energy storage market. In a brief statement this morning, Daimler AG announced the formation of Mercedes-Benz Energy Americas LLC to sell lithium-ion batteries for homes, businesses and utilities starting in early 2017.
[ read more … ]

CEO’s mega-plant dream raises eyebrows. Can it raise cash?

Christa Marshall, E&E News reporter  •    •  Posted 2016-11-07 04:41:48

SolarReserve CEO Kevin Smith has bold plans for building a solar power plant that’s more than triple the size of any other on the planet. Without that massive plant, he says, California won’t meet its renewable targets. “If people are skeptical about our project, then they ought to be skeptical California will get anywhere close to 50 percent renewables,” Smith said in an interview. [ read more … ]

Grassley and Judge debate genesis of Iowa’s wind energy industry

By O. Kay Henderson, Radio Iowa  •    •  Posted 2016-11-07 04:44:02

Late Friday afternoon Republican Senator Chuck Grassley and Patty Judge, his Democratic opponent, met in their second — and final — debate of the campaign. Grassley is a six-term senator. Judge is a former Iowa lieutenant governor. They quarrelled over who could claim the most credit for spawning the state’s wind energy industry [ read more … ]

Vestas Soars as Trump Win Grows Less Likely Following FBI Letter

by Christian Wienberg, Bloomberg   •    •  Posted 2016-11-07 04:40:54

Shares in Vestas Wind Systems A/S soared on speculation Donald Trump is less likely to win the U.S. election, removing a perceived threat to the renewable energy industry. Vestas gained as much as 4.9 percent, the most in 11 weeks, and traded 3.6 percent higher at 515.50 kroner as of 9:18 a.m. in Copenhagen, making it the best performing stock in Denmark’s benchmark index. Vestas had lost about 8 percent in the week through Friday, after concern a decision by the FBI to resume an investigation into Hillary Clinton’s e-mails might jeopardize the Democratic candidate’s chances of victory. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.