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Ikea investing in Illinois wind farmBy Julie Wernau, Chicago Tribune reporter • • Posted 2014-04-17 06:51:58
Home goods giant Ikea is building a wind farm in downstate Illinois large enough to ensure that its stores will never have to buy a single kilowatt of power again. “It’s about taking care of the environment and living within our means,’’ said Rob Olson,chief financial officer of Ikea U.S. With the project, Ikea’s first wind investment in the U.S., the company is among a growing number of companies taking care of their energy needs by buying or investing in power produced by the wind and sun. [ read more … ] AWEA’s Kiernan discusses impact of utility evolution on wind industryMonica Trauzzi, E&E • • Posted 2014-04-17 06:52:16
With the Senate scheduled to consider tax extenders when it returns from its recess, how is the wind industry managing the uncertainty surrounding an extension of the production tax credit? During today’s OnPoint, Tom Kiernan, CEO of the American Wind Energy Association, discusses AWEA’s annual market report for 2013 and talks about the impact the evolving utility business model is having on growth within his industry. He also discusses his group’s lobbying strategy for 2014. [ read more … ] Renewable energy rises, but IPCC authors warn that nuclear power must also rise to replace fossil fuelsNathanael Massey, E&E reporter • • Posted 2014-04-17 06:52:35
Over the past decade and a half, countries around the world have taken unprecedented steps to shift their energy dependence from fossil fuels to alternative resources. Tariffs and subsidies have spurred the growth of wind and solar, regional emissions markets have imposed costs on carbon, and government funds have poured in to support the development of new, low-carbon technologies. And yet carbon emissions from the energy sector continue to rise. From 1991 to 2010, they grew at a rate of 1.7 percent a year; over the following decade, that rate nearly doubled, to 3.1 percent a year, according to data from the Intergovernmental Panel on Climate Change (IPCC). Notwithstanding a minor drop in emissions during the economic recession of 2009, the upward trajectory continues today. [ read more … ] Note: News clips provided do not necessarily reflect the views of coalition or its member governors. |
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