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August 8, 2022
Riga — Latvia plans to invest about €1 billion ($1 billion) in the construction of wind farms to increase power generation from renewables and strengthen energy security, Prime Minister Krisjanis Karin said on Monday. "This is a medium-term solution that will allow us to become fully independent in our energy supply and use fewer fossil resources," Karins said in Riga,
August 5, 2022
FERC issued a Notice of Proposed Rulemaking (NOPR) for creating these new accounts for wind, solar, and other non-hydro renewable assets, energy storage, renewable energy credits, and technology.
August 5, 2022
The new Sustainable Time Deposit (TD) product, which Citi announced today, will be available to clients in the Asia Pacific region and will enable them to invest excess funds in accordance with their sustainability objectives. In order to meet the criteria of Citi's sustainable financing frameworks, the new deposit options, which are initially only offered in Singapore and
August 5, 2022
Alaska Airlines recently signed its largest sustainable aviation fuel commitment to date, with biofuel firm Gevo, following the Lufthansa and shell SAF pact. With effect from 2026, Gevo will provide 37 million gallons of SAF annually for five years. As a substantial source of GHG emissions, accounting for an estimated 2 percent of worldwide GHG emissions, air travel has come
August 5, 2022
This summary of the Inflation Reduction Act contains lots of information regarding energy and climate provisions in the proposed bill. Many thanks to the Bipartisan Policy Center for providing this summary - see link below.
August 4, 2022
A positive development for climate action from hospitality... Hilton's revised climate targets call for a reduction in greenhouse gas (GHG) emissions intensity of 75% in managed hotels, up from a former target of 61%, and 56% in franchised hotels by 2030. The corporation claimed that the Science Based Targets project (SBTi) has certified its revised GHG emission targets as
August 4, 2022
If Brazil is to prosper then the first step is recognizing what needs to be done and not just trying to send a message that we have been great (which is not true - our per cap-ta income is (and has been for many decades, of a poor country
August 4, 2022
Neoen, one of the world’s leading producers of exclusively renewable energy, has signed a power purchase agreement with Flow Power, one of Australia’s fastest growing and most innovative electricity retailers, for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia. Goyder South Stage 1 is the first stage of Neoen’s flagship project known as Goyder
August 4, 2022
Standard Solar and Anne Arundel County Department of Public Works in Maryland have begun work to develop a solar project providing clean energy to Bureau of Utility Operations facilities. The post Standard Solar Provides Clean Energy for Water...
August 4, 2022
1) We may see a reduction in buyers for solar and wind farms. With the 15% minimum tax for corporations the tax credits are going to have a smaller market, and likely the sale price will be less than it is now. 2) Foreign buyers who only have renewables in the US (Ontario Teachers Pension Fund) may find the tax credits of little or no value, and withdraw from the US market,