- “Vineyard Passes Muster With Massachusetts” • The 800-MW Vineyard Wind offshore wind farm off the US east coast has passed the Massachusetts Environmental Policy Act review process, enabling it to proceed with state, regional and local permitting. The review process allowed the company to hear the concerns of stakeholders. [reNEWS]
- “Why Oil Companies Have Suddenly Gone Missing In The Bond Market” • The US shale oil revolution was built on cheap capital from the bond markets. Frackers used tons of borrowed money to make enormous technological advances in drilling, and that sent oil output skyrocketing. But that trend has broken down in recent months. [CNN]
- “Ten Mind-Numbing Figures That Define PG&E’s Bankruptcy” • The Pacific Gas and Electric process could take years, with the costs to the company, its consumers, and ancillary industries being almost mind-numbing. It could cost up to $150 billion for PG&E just to comply with court orders, and that’s only one outrageous figure. [Motley Fool]
- “Volkswagen Continues To Spend Most Of Its R&D Budget On Fossil Fuel Transportation” • While it is exciting that the Volkswagen Group plans to have 50 electrified models in its lineup by 2030, that has to be balanced against another statistic. Over 300 models are under the VW group umbrella, and 250 will not be not electric. [CleanTechnica]
- “ReVision Energy Merger Expands Its Reach In NH And Vermont” • ReVision Energy announced that it plans to merge with Energy Emporium of Enfield, NH. The merger positions ReVision Energy, which completed a number of solar projects in the Upper Valley in New Hampshire and Vermont, for further growth in the region. [Mainebiz]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.