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Governors' Wind Energy Coalition

October 20, 2015

White House Emphasizes Companies’ Commitment to Cutting Emissions

By GARDINER HARRIS, New York Times  •    •  Posted 2015-10-20 06:41:14

The Obama administration announced Monday that 81 major companies have committed to large reductions in carbon emissions, part of a broad push by the White House to show progress ahead of international climate talks in Paris this year. The companies that have made the pledge include such iconic American brands as Levi Strauss & Company, McDonald’s, I.B.M. and Procter & Gamble. They have operations in all 50 states, employ over nine million people, and have more than $3 trillion in annual revenue and a combined market capitalization of over $5 trillion, according to the White House. [ read more … ]

Offshore NJ wind farm denied again; company to change details of plan

BY JAMES M. O’NEILL,  •    •  Posted 2015-10-20 06:41:52

In another blow to offshore wind energy in New Jersey, the state Supreme Court has decided to let a lower court ruling stand that effectively blocks construction of a pilot wind farm off Atlantic City. The state Board of Public Utilities had denied the proposed wind farm multiple times, saying its financial plan was unsound and the subsidies necessary for the project to work would have cost state ratepayers too much. [ read more … ]

China’s Envision Energy Buys 600 MW Wind Energy Projects In Mexico

By Smiti Mittal, CleanTechnica  •    •  Posted 2015-10-20 06:42:24

China’s largest direct investment in Mexico has come in the wind energy sector, as a wind turbine manufacturer has acquired controlling stake in a large-scale wind energy portfolio. Envision Energy, a manufacturer of low speed wind energy turbines, has acquired a majority stake in a portfolio of wind energy projects with total capacity of 600 MW. The construction of the projects is yet to start — expected for 2016, with operations scheduled to begin by the end of next year — with the right to develop owned by ViveEnergia. [ read more … ]

Wind industry betting on PTC extension

By Michael Copley, SNL  •    •  Posted 2015-10-20 06:43:35

Wind companies are continuing to plan projects that rely on the federal production tax credit, according to an industry lawyer, even though the incentive expired at the end of 2014 and there is uncertainty whether Congress will reinstate it.
[ read more … ]

NextGen ads urge pledge for goal of 50% renewables by 2030

Jennifer Yachnin, E&E reporter  •    •  Posted 2015-10-20 06:43:01

Environmental activists at NextGen Climate yesterday unveiled the group’s latest step in its bid to push presidential primary contenders to embrace renewable energy policies, launching a new million-dollar ad campaign in New Hampshire and Iowa. The political action committee, backed by California billionaire environmentalist Tom Steyer, is pushing candidates from both major parties to adopt platforms that would shift the country’s energy production to 50 percent renewable resources by 2030. [ read more … ]

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