- “Finally, Major Movement On Governor’s Promises For Offshore Wind” • Ørsted’s Ocean Wind project established a first-year price of $98.10/MWh for the subsidy provided by ratepayers, the offshore renewable energy certificate. By way of comparison, the OREC offered in Maryland is priced at $170 for a wind project there. [NJ Spotlight]
- “The Diesel Scandal Just Destroyed Profit Growth At Daimler, Maker Of Mercedes-Benz” • Daimler, the German auto company that makes Mercedes-Benz, reduced its 2019 profit expectations by hundreds of millions of euros. The financial downgrade is fallout from the diesel emissions scandal that has rocked the German auto industry. [CNN]
- “VP Mike Pence Refuses To Directly Answer Whether Climate Change Is A Threat In Tapper Interview” • During an interview on CNN, Vice President Mike Pence said, “We will always follow the science.” But he repeatedly refused to give a direct answer when asked about his beliefs on climate change and whether it poses a threat to the planet. [Newsweek]
- “MECO Increases Renewable Power, Storage Amounts Sought In Next Procurement” • Maui Electric Co will be seeking 295 GWh per year of renewable energy and 58 GWh per year of power storage in its next round of requests for proposals, according to the utility and filings with the state Public Utilities Commission. [Maui News]
- Hav”Climate Change Adviser Says PM’s Plan Will Fail Unless It Is Dramatically Stepped Up” • The British government’s chief adviser on climate change has warned that the Prime Minister Theresa May’s plan to eliminate Britain’s contribution to global warming will fail unless cuts to greenhouse gases are stepped up dramatically. [Sky News]
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