The Rhode Island Energy Facility Siting Board (EFSB) on Tuesday issued a final order denying a new gas-fired power plant proposed by Invenergy, pointing to lengthy delays in the proceeding that allowed market changes and the growth of renewable energy to overtake any need for the project.
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The New York State Energy Research and Development Authority has announced that New York’s growing clean energy economy employed nearly 159,000 workers in 2018, according to the state’s 2019 Clean Energy Industry Report.
People could save $29 billion on their electric bills if utilities built new clean energy instead of new natural gas plants.
As fossil fuel prices rise, oil insecurity deepens, and concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging. Wind, solar, and geothermal energy are replacing oil, coal, and natural gas, at a pace and on a scale we could not have imagined even a year ago. For the first time since the Industrial Revolution, we have begun investing in energy sources that can last forever. Plan B 4.0 explores both the nature of this transition to a new energy economy and how it will affect our daily lives.
A group of pension funds that control $2 trillion are pushing for 55 large European energy, mining and transportation companies to scale back their anti-climate lobbying.
An extra $460bn per year needs to be invested on the low-carbon economy globally over the next 12 years to limit global warming to 1.5C, a new paper says.