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New England Has a Power Problem
Massachusetts officials thought they were close to securing future supplies of green energy by piping in hydroelectric power from Canada. But a week after Massachusetts said yes to the $1.6 billion project, neighboring New Hampshire said no, jeopardizing the 192-mile transmission line that would bring in the electricity through the Granite State. [ read more … ]
Red-state attorneys send warning shot on Wash. carbon tax
Montana and Wyoming attorneys general are warning Washington state against trying to tax carbon. Both states have coal-fired power plants supplying electricity to Washington, where Gov. Jay Inslee (D) is pushing legislation that would tax carbon at $10 per ton. [ read more … ]
‘Cities aren’t going to wait’: Mayors drive action on climate change
Whether grappling with rising sea levels, drought or floods, mayors of cities worldwide are increasingly on the frontline of efforts to help communities prepare better for the impacts of climate change as it hikes the risk of disasters. With cities home to over half the world’s population and producing more than 80 percent of global economic output, mayors are also driving climate action by adopting renewable energy and cleaner methods of transport. [ read more … ]
Breaking with Trump, N.J. buys into Paris Climate Accord
Gov. Phil Murphy on Wednesday signed a bill into law that will require the Garden State to join the U.S. Climate Alliance, a coalition of states dedicated to cutting their carbon emissions and upholding the international agreement. Murphy’s office and the U.S. Climate Alliance did not immediately respond to requests for comment about the bill signing. [ read more … ]
Trump slams ‘totally disastrous’ Paris pact, touts coal
In a freewheeling campaign-style speech at the Conservative Political Action Conference today, President Trump slammed the 2015 Paris climate deal and touted efforts to find buyers for American coal. Lampooning the accord as a “totally disastrous, job-killing, wealth-knocking-out” deal, Trump said other countries wanted to block U.S. use of domestic coal, oil and gas. Trump announced plans to withdraw from the agreement last summer. [ read more … ]
US, Canadian provinces launch first cap-and-trade auction to battle climate change
The U.S. state of California and two Canadian provinces kicked off a cross-border auction of greenhouse gas emission credits on Wednesday, their first joint effort to buy and sell in the “cap and trade” market to fight global warming, experts said. The auction comes less than two months after the U.S. local and Canadian regional governments merged their trading markets for cap and trade, a system designed to limit carbon emissions by putting a price tag on pollutants produced.
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Op-Ed: Big Energy Confronts An Unfamiliar Power: Competition
You may not have noticed, but you’re spending a lot less on energy these days. Less than four cents of every dollar of U.S. consumer spending went to gasoline, electricity and natural gas last year, according to Bloomberg New Energy Finance’s recently published ”Sustainable Energy In America Factbook.” [ read more … ]
Iberdrola to invest $39.4 billion by 2022, focuses on networks and renewables
Spanish utility Iberdrola is to invest 32 billion euros ($39.42 billion) over the next four years, the business announced Wednesday. Breaking the figures down, 15.5 billion euros will be invested in networks, 11.5 billion in renewables and 2.8 billion in generation and retail. Around 1.4 billion euros will be set aside for contracted generation. [ read more … ]
Note: News clips provided do not necessarily reflect the views of coalition or its member governors.