July 8 Green Energy News

Headline News:

“New Jersey’s Zombie Offshore Wind Industry Finally Sees Light Of Day” • New Jersey inched one step closer to its first offshore wind farm when a helpful tax bill squeaked through the legislature by the skin of its teeth. Passage of the bill should help launch the 1,100-MW Ocean Wind 1 project, though there still may be trouble. [CleanTechnica]

Monopiles ready to go (Courtesy of EEW)

“UN Says Climate Change ‘Out Of Control’ After Likely Hottest Week On Record” • “If we persist in delaying key measures that are needed, I think we are moving into a catastrophic situation, as the last two records in temperature demonstrates,” António Guterres said, referring to the world temperature records broken on Monday and Tuesday. [The Guardian]
“Negative Power Prices Reveal Market Is Still Unprepared To Tap On Full Renewables Potential” • Over the weekend electricity producers on European power exchanges offered to pay up to €500 per MWh to anyone taking their electricity. The record negative prices reflect the dynamic changes brought about by renewable energy. [Balkan Green Energy News]
“What Would Net-Zero Shipping Look Like?” • At a United Nations summit, countries agreed to curb shipping emissions to net-zero “by or around 2050.” Shipping is a highly polluting industry, producing nearly 3% of global emissions. If it were a country, the shipping industry would be the sixth largest polluter in the world. [BBC]
“Investing In America Tour – Highlights From New York And Vermont” • Interior Secretary Deb Haaland traveled to New York and Vermont to highlight how President Biden’s Investing in America agenda and “Bidenomics” strategy work to bolster the clean energy economy and tackle the climate crisis through collaborative conservation. [CleanTechnica]

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