Good news from the Buckeye State! The legislature passed important tax reform that drops the tax burden for solar farms from upwards of $100,000 per MW to a flat fee of $7,000 per MW. The bill (SB232) – which is expected to be signed by the Governor any day now – removes a major barrier to large-scale solar development in the state.

Existing Ohio tax law added these unreasonably high costs to the price of developing solar and other (more…)

For years, free-market fundamentalists opposed to government regulation have sought to create doubt in the public’s mind about the dangers of smoking, acid rain, and ozone depletion. Now they have turned those same tactics on the issue of global warming and on climate scientists, with significant success.

In recent months, a group called the Cooler Heads Coalition — a creation of the Washington-based Competitive Enterprise Institute (CEI) — has fostered a public image of climate science as a criminal conspiracy. The CEI itself has accused NASA, the largest funder of climate science, of faking important climate data sets. In February, U.S. Sen. James Inhofe of Oklahoma, whose positions are frequently cited and promoted by CEI, called for a criminal investigation of 17 climate scientists from a variety of institutions for allegedly falsifying or distorting data used in taxpayer-funded research. (more…)

With the clock ticking down on the legislative calendar, lawmakers on Capitol Hill are jockeying to get an energy bill onto the stage that will find the required votes for passage. The goals couldn’t be more clear: enact policy that will save energy, curb greenhouse gas emissions and encourage the production of green alternatives that will reduce the country’s dependence on foreign oil. In the wake of the national catastrophe in the Gulf of Mexico, one might think that characteristic partisan interests and knee-jerk procedural bickering might be put aside in favor of compelling national unity. Yet the legislative waters on the issue remain, for now, murky as usual.

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What you don’t know will hurt you. That’s the message in Michael Lewis’ new book, “The Big Short,” which traces today’s worldwide economic downturn to a single problem: the secretive nature of prices in the subprime mortgage bond markets.

What’s this got to do with energy? Our industry has its own opaque corners that can cause widespread damage. This week the International Energy Agency (IEA) is attempting to focus light on a big one: energy subsides for fossil fuels. (more…)

In a bold new risk publication out today from Lloyd’s of London, entitled Sustainable Energy Security: Strategic Risks and Opportunities for Business, the insurance heavyweight states in no uncertain terms that businesses that fail to prepare for short and long term energy crises face potentially catastrophic risks:

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In the wake of the Gulf of Mexico oil spill, 71 percent of Americans say President Obama and Congress should make developing clean sources of energy a high priority, an 11 percent increase since January, according to a new poll. The poll, conducted by Yale University and George Mason University, also revealed that 77 percent of Americans support regulating carbon dioxide as a pollutant.

On Thursday, the U.S. Senate will vote on a resolution by Sen. Lisa Murkowski (R-Alaska) that would block (more…)

David Orazietti, Member of Provincial Parliament (MPP) for Sault Ste. Marie, announced last month the approval by the Ontario provincial government of a $1,875,000 loan to Heliene Canada to launch a solar module manufacturing plant in the city. The financing is in accordance with the Green Energy Act – an ambitious bill designed to create a sustainable electricity system in the Canadian province. The loan will be disbursed to Heliene Canada through the Northern Ontario Heritage Fund Corporation (NOHFC). (more…)

During President Obama’s speech this week at Carnegie Mellon University, he signaled emphatically that he would go after the votes to pass a clean energy bill this year, assuring that while “the votes may not be there right now… I intend to find them in the coming months… and we will get it done.”This is exactly the sort of presidential resolve that’s needed. The president went on to say,

[T]he only way the transition to clean energy will succeed is if the private sector is fully invested in this future – if capital comes off the sidelines and the ingenuity of our entrepreneurs is unleashed. And the only way to do that is by finally putting a price on carbon pollution.

He got it exactly right – investors are waiting to see what Congress decides. And once we do set a price for carbon pollution, a huge amount of money will be back in play to invest in clean energy. (more…)

Most Americans are familiar with the blue-and-white EnergyStar logo, which has an almost 20-year history of helping consumers “save money and protect the environment through energy efficient products and practices.” Jointly managed by the Environmental Protection Agency and the Department of Energy, the EnergyStar program encompasses more than 60 different products from refrigerators to computers. In the past year and a half, EnergyStar’s ability to ensure that products bearing the EnergyStar logo provide the intended energy savings has come under increased scrutiny. As a result, EnergyStar has announced new measures to strengthen the trusted EnergyStar symbol. (more…)

Comprehensive federal environmental regulation does not come easily. First, there is the difficulty of crafting scientific regulations. Then there are the entrenched interests to be combated, both in the private sector, and with the states and local governments who may have had authority prior to federal regulation. Compounding these issues is the high cost of regulation and enforcement itself. Criticisms abound from the right–too much regulation–and the left–too little. (more…)