The growth of solar power is attracting some unlikely supporters and creating some unusual alliances. Conservatives, Tea Party activists, and free market libertarians are joining with progressives and environmentalists to address economic issues raised by the increasing adoption of solar power. (more…)
A study by Bloomberg New Energy Finance (BNEF) in Australia has discovered that renewable energy is cheaper to produce than the old conventional fossil fuel sources, and that is without the subsidies.
The study shows that electricity can be supplied from a new wind farm at a cost of AUD 80/MWh (more…)
A main complaint against renewable energy is its small scale. Critics claim that it makes up too small a piece of the U.S. energy pie to matter. And therefore, in a chicken-and-egg argument, renewable energy is undeserving of subsidies and tax credits to help the new industry get up and running. A recent Wall Street Journal article looks (more…)
The Swedish furniture retailer Ikea will begin selling residential solar panels in its 17 UK stores within the next 10 months. The basic package’s $9,500 price tag will include 18 panels, installation, design consultation, energy monitoring, and maintenance.
With energy savings and current green energy (more…)
In July of 2012, I wrote about the just-released policy in China to promote new energy vehicles and fuel-efficient vehicles. At the time, I mourned the lack of incentives for producing new energy fleet vehicles and suggested the government would have better served its cause with a policy that did that. In the same blog, I talked about what Pacific Gas & Electric, a huge utility (more…)
I never know what to make of the frequent references I come across to the International Monetary Fund. Who exactly are these mysterious and terribly powerful people? How do they work? What are their true motivations?
In any case, they most certainly get some points for (more…)
Whether they’re building a new house or improving a well-loved home, energy-conscious homeowners everywhere are trying to lower energy use and costs. Even with the best of intentions, however, consumers are overwhelmed by too much information, which causes many of them to give up long before they screw in their first CFL light bulb. To (more…)
Here’s an article that’s illustrates what happens when regulators get clever in creating incentives for environmental stewardship and responsibility: smart people work around them, unintended consequences result, and windfall profits occur in random places that have nothing to do with environmental benefit.
If I were doing this, I’d make the whole situation (more…)