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Concentration of CO2 in the Atmosphere

February 28 Energy News

Headline News:

  • Nevada must work to stay ahead of curve • The renewable energy industry has been a particularly bright spot in Nevada’s economy. The state’s $500 million investment in tax incentives has yielded a 10-to-1 return. Action on the Clean Power Plan could have similar results. [Las Vegas Review-Journal]
Heliostats at the Crescent Dunes Solar Project, located 11 miles northwest of Tonopah, Nevada. Jeff Scheid/Las Vegas Review-Journal

Heliostats at the Crescent Dunes Solar Project, located 11 miles northwest of Tonopah, Nevada. Jeff Scheid/Las Vegas Review-Journal

  • Industry analysts are now forecasting that Australia may not hit its 2020 renewable energy target. If an annual shortfall occurs major energy players are required to pay penalties to the federal government. The additional costs are to be passed on to consumers. [Sydney Morning Herald]
  • Councils in the UK should use bonds to fund infrastructure projects such as renewable energy and flood defences, according to the Lord Mayor of London. Municipalities in the US and Sweden, have raised billions of pounds for green projects by selling bonds to the public. [The Independent]
  • Investment in forestry over the next five years will have a big impact on the environment, as it will result in the planting of 600,000 hectares (1.5 million acres) in Europe, according to Dermot Ryan, Senior Advisor to European Commissioner Phil Hogan. [Agriland]
  • US utilities are grappling with how to integrate wind farms and solar plants into their business models. Cheap power from large-scale renewables and rooftop solar have undercut the profitability of conventional electricity generation from coal and nuclear sources. [Malay Mail Online]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

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