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Governors' Wind Energy Coalition

December 11, 2015

Spending, tax agreement remains elusive

Geof Koss, E&E reporter  •    •  Posted 2015-12-11 06:47:17

The prospects for a deal to repeal the crude exports ban in exchange for long-term extensions of key renewable tax credits also remain up in the air.House Minority Leader Nancy Pelosi (D-Calif.) reiterated Democrats’ position that lifting the ban would be a boon for the oil industry. “That crude oil leaves our country, it receives a higher price on the international market, that’s what they’re trying to do,” she told reporters. “What they also want to do is suppress any commitment to any long-term renewables, whether it’s wind and solar. We cannot let that happen.” [ read more … ]

Congress in Final-Stage Talks on Massive Budget, Tax Bills

By The Associated Press  •    •  Posted 2015-12-11 06:47:54

Lawmakers and the White House are rushing to finalize a $1.1 trillion government-wide spending bill and a sprawling tax package touching all sectors of the economy. Policy disputes remain as both parties try to attach their priorities to the must-pass spending legislation. Republicans are seeking to lift the oil export ban and roll back various Obama administration regulations, while Democrats are maneuvering to protect President Barack Obama’s environmental rules and enact permanent tax credits for wind, solar and other renewable energy. [ read more … ]

Key to Success of Climate Pact Will Be Its Signals to Global Markets

By CORAL DAVENPORT, New York Times  •    •  Posted 2015-12-11 06:48:35

As diplomats here work through the final points of a sweeping new climate change accord, experts said the ultimate measure of success of the agreement will be whether it sends a clear signal to global financial investors that they should move money away from fossil fuels and toward clean-energy sources such as wind and solar power.
Without that signal, there is little chance that emissions will be reduced enough to stave off the most catastrophic impacts of global warming.
[ read more … ]

California and Germany, Opposites With a Common Energy Goal

By MELISSA EDDY, New York Times  •    •  Posted 2015-12-11 06:48:59

One is a European country known as “the powerhouse of Europe” that struggles against soggy winters and seemingly endless gray skies. The other is a digitally driven American state, known as “the Golden State,” for its abundant sunshine and year-round growing season. One is determined to lead an energy transformation through carefully drafted laws and regulations; the other is driven by an inventive spirit of boundary-pushing and experimentation. [ read more … ]

GM buys wind power from EDP to build its biggest SUVs

By Joe White, Reuters  •    •  Posted 2015-12-11 06:49:21

General Motors Co (GM.N) said Thursday it is buying wind energy to power production of some its biggest sport utility vehicles at a factory in Texas. GM said in a statement it has agreed to buy 30 megawatts of energy from a Texas wind farm operated by a unit of Spanish renewable energy company EDP Renovaveis SA (EDPR.LS). EDP is developing a 250 megawatt wind farm in Edinburg, Texas. GM will use the wind-generated electricity to power production of Chevrolet Tahoe, GMC Yukon and Cadillac Escalade SUVs at its factory in Arlington, Texas [ read more … ]

Donald Trump Has America’s CEOs Nervous and Very Quiet, for Now

By Jennifer Kaplan, Bloomberg News  •    •  Posted 2015-12-11 06:49:54

Michael Garland, CEO of wind-power developer Pattern Energy Group Inc., said Trump’s skepticism toward climate change has given more conservative electric utilities pause over signing renewable-energy contracts to comply with the U.S. Environmental Protection Agency’s Clean Power Plan. [ read more … ]

Solar boom expected to set 4th-quarter record — report

Daniel Cusick, E&E reporter  •    •  Posted 2015-12-11 06:50:18

he U.S. solar industry notched its eighth consecutive quarter of more than 1 gigawatt of newly installed capacity during the August-October period, industry figures released today show. The third-quarter figure of 1,361 megawatts of new installations sets the U.S. solar photovoltaic industry on a trajectory to break its previous annual growth record, set in 2014, and is the sixth largest quarterly growth in history. [ read more … ]

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