To Bloomberg : ” Japan approved a bill today to subsidize electricity from renewable sources, joining European nations in shifting away from nuclear power after the Fukushima reactor meltdowns in March.” ” (…) The bill allows for incentives that guarantee above-market rates for wind, solar and geothermal energy. The so-called feed- in tariff created a …
To TreeHugger : “A measure that would remove roughly $6 billion in annual ethanol subsidies just passed the U.S. Senate, signaling, among other things, a shift in public attitude towards the once-heralded alternative fuel. ” It wasn’t so long ago that corn ethanol was considered a plausible replacement for oil – but that was before …
You know probably know it : America – and to be fair, many other countires – is giving a lot of subsidies to Big Oil and companies that are making billions of profits. This doesn’t make sense economically nor environmentally. You might also remember that I have been advocating changing this for years and have …
… but fossil fuels are progressing even faster. This is in a nutshell the message from the International Energy Agency’s (IEA, the OECD energy office) latest report, the Clean Energy Progress Report. As GreenTechMedia noted : ” Renewable energy generation has grown, on average, by 2.7 percent a year since 1990. Electricity generation, however, has …
Coal and oil are the two most polluting fossil fuels and energy sources to date. Despite this, both are receiving huge subsidies from the United States federal and local governments. To Climate Progress, the coal industry received around $3 billion (2.2 billion euros) per year between 2002 and 2008 and to the New York Times, …
The State of the Union speech given yesterday by President Barack Obama might well stay in the History books like John Fitzgerald Kennedy moon shot speech that sent Americans on the moon in less than a decade. Indeed President Obama asked for 80% of America’s electricity from ‘clean energy’ by 2035 (including clean coal and …
Like every year at this period, the International Energy Agency published this week its latest World Energy Outlook (WEO). This year it is focusing on how country members can reach the goal they committed to in Copenhagen. Indeed limiting the rise in temperatures to 2°C is an important goal that requires a plan of action. …
Here is my latest post for CleanTechies : ” The French government recently announced a large investment program for renewables and green chemistry. The investment, totaling $1.75 billion will be allocated over the next 4 years. ” Named Démonstrateurs énergies renouvelables et chimie verte – or renewable energy and green chemistry demonstration – this program …
France announces massive investment in cleantech Read More »
After the quite encouraging news of Wednesday I would like to present you a study showing that the United States’ government still gives much more money to polluting fossil fuels industries rather than lower carbon solutions. This occurs as I noted last year than to the UNEP cutting the subsidies given to big oil and …
The UNEP issued an interesting report on how cutting the subsidies given to big oil and coal companies would cut by up to six percent per year global greenhouse gases emissions. Up to 300 billions USD (around 200 billion euros) are spent annually on subsidies for the energy sector, all of them being benefiting in …
