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Governors' Wind Energy Coalition

November 17, 2016

Global green energy growth seen weathering Trump storm, for now

By Nina Chestney and Christoph Steitz, Reuters  •    •  Posted 2016-11-17 06:43:18

Renewable energy will keep growing in the next few years as costs drop and coal use continues to fall, despite U.S. President-elect Donald Trump’s pledge to revive the fossil fuel, investors and analysts said. Trump has said he wants to boost the U.S. coal, oil and shale industries and has threatened to leave a global climate deal called the Paris Agreement, which aims to phase out net greenhouse gas emissions by the second half of the century [ read more … ]

Clean Power Is Too Hot for Even Trump to Cool

By Matthew Philips, Bloomberg  •    •  Posted 2016-11-17 06:42:43

One reason is timing. The biggest economic incentives for clean energy are federal tax credits for solar and wind projects. Both were set to expire at the end of last year, prompting a surge in investments as companies raced to get in under the deadline. In December, Congress unexpectedly extended both credits (for solar until 2021 and for wind until 2019) as part of a deal to lift the 40-year-old ban on U.S. oil exports. It’s not clear that Trump will try to persuade Congress to repeal the extensions. Wind power is especially popular across the Midwest, a Republican stronghold; in many cases it’s become cheaper than other sources of grid power. [ read more … ]

U.S. Companies to Trump: Don’t Abandon Global Climate Deal

By HIROKO TABUCHI, New York Times  •    •  Posted 2016-11-17 06:43:47

Hundreds of American companies, including Mars, Nike, Levi Strauss and Starbucks, have urged President-elect Donald J. Trump not to abandon the Paris climate deal, saying a failure by the United States to build a clean economy endangers American prosperity. In a plea addressed to Mr. Trump — as well as President Obama and members of Congress — 365 companies and major investors emphasized their “deep commitment to addressing climate change,” and demanded that he leave in place low-emissions policies in the United States. [ read more … ]

Subsidy-Reliant Offshore Wind Steals Skills, Ideas From Big Oil

By Nikolaj Skydsgaard, Reuters  •    •  Posted 2016-11-17 06:44:11

From a helicopter, it looks like just another North Sea oil rig, a grey cube supported by massive yellow pillars, 90 kilometers (56 miles) off western Denmark. But the DanTysk facility is the world’s first accommodation platform for offshore wind, which is borrowing techniques and labour from the crisis-hit oil sector as it tries to cut costs and end an addiction to state subsidies. [ read more … ]

Developers say transmission can be part of Trump’s infrastructure plan

By Stephanie Tsao, SNL  •    •  Posted 2016-11-17 06:44:35

U.S. transmission developers need to show that electric transmission can be part of Donald Trump’s growth and infrastructure plan in order to engage the new administration, developers said Nov. 15. One important thing to show is that transmission is infrastructure, Robert McKee, American Transmission Co. LLC director of regulatory relations and policy, said during the keynote address of the TransForum East conference held in Washington, D.C. [ read more … ]

Election puts change in the wind on Minn. energy policy

By Elizabeth Dunbar, Minnesota Public Radio  •    •  Posted 2016-11-17 06:45:00

President-elect Trump has rejected climate change science and has promised to roll back policies and agreements aimed at reducing carbon emissions. But a major energy transition is already well under way in Minnesota. We’re a top-10 state for wind energy production, and solar panels are going up everywhere. The state’s biggest utility, Xcel Energy, plans to shutter two giant coal-fired power generators at its Sherco plant within ten years and recently showed off a 1,000-acre solar project just north of the Twin Cities. [ read more … ]

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