(Reuters) – Channeling 2 percent, or $1.3 trillion, of global gross domestic product into greening sectors such as construction, energy and fishing could start a move toward a low-carbon world, a report launched on Monday said.

The investment would expand the global economy at the same rate, if not higher, as (more…)

As President Barack Obama prepares to release his proposal for the next year’s budget this month, he is expected to call for eliminating $4 billion per year in subsidies to the oil industry. This is money that could be re-channeled into spurring clean energy development, reducing the deficit, and paying for basic government services during hard economic times. This common sense proposal should logically (more…)

The results of political compromise — maybe by definition — are seldom satisfactory to anyone. But hasn’t this whole process recently gotten worse than ever before? The ultimate version of the healthcare reform that the Obama administration put through was the product of a hammer and tongs fight from the (more…)

(Reuters) – Texas has long been home to Big Oil companies that specialize in extracting petroleum from hard-to-reach places. Now the hip college town of Austin is vying to become the epicenter of a potentially giant market for carbon-free electricity generated by the hot Texas sun.

The rest of Texas may follow, if the state (more…)

The left is not fully satisfied. Neither is the right. However, the recently enacted “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” (Tax Relief Act) provides significant relief to the energy industry and alleviates the pressure of trying to seal the deal on many projects before the end of the year. (more…)

The coming decade is expected to attract $245 billion in new clean energy investments, but unless more aggressive policies are adopted, the US could leave nearly another $100 billion on the table. So says a report released last week from the (more…)

Some interesting news recently went unnoticed. Indeed, last month, Russia unveiled a massive energy efficiency plan as the country wastes as much energy as the French economy consumes.

Soviet-era buildings and factories completely lack energy efficiency as they were built as cheaply as possible to answer the demands of the government at that time.

But this might soon change. The Moscow Times (more…)

On the same day Californians went to the polls to vote on Proposition 23 [and defeat it], a ballot measure which would have effectively frozen the Global Warming Solutions Act of 2006, the state’s pioneering climate and energy legislation regulators in New Mexico (more…)

As a self-proclaimed East Coast liberal intellectual who drinks Starbucks Grande Nonfat Decaf Lattes on a regular basis, I woke up this morning after the Mid-term elections of 2010 with a heavy heart.  I thought to myself, as I took public transportation to my office from my (more…)

The oil and gas interests that are behind Proposition 23 on the November 2nd ballot in California are faltering in the polls. That’s good news for the clean tech sector, but a less well-known ballot measure, Proposition 26, could still help pull the rug out from under California’s (more…)