QUICK NEWS, June 23: REPUBLICAN LEADERS URGE ACTION ON CLIMATE; NEW ENERGY MARCHES ON; INSIGHTS INTO THE EFFICIENT LIGHTING MRKT
REPUBLICAN LEADERS URGE ACTION ON CLIMATE Bipartisan former US EPA chiefs: Stop stalling on climate change policy
Kerry Sheridan, June 18, 2014 (AFP via Tico Times)
“Four former heads of the U.S. Environmental Protection Agency who served under Republican presidents urged lawmakers…to stop bickering over whether climate change is real and start finding solutions…Global warming is an increasingly polarizing issue in U.S. politics…[Sen. Ron Barrasso (R-WY)] and fellow senators on the bipartisan [Committee on Environment and Public Works] spent the entire first hour of [a recent hearing debating] the legitimacy of climate science…The four former EPA administrators who testified at the hearing included those who served over the past four decades under presidents Richard Nixon, Ronald Reagan, George H.W. Bush and his son, George W. Bush…[Their] op-ed in the New York Times last year that said there was no longer any credible debate over whether humans were causing climate change…At the hearing, they reiterated this stance, and said stricter pollution limits mean job creation is likely in the fields of renewables, nuclear, clean goal and natural gas…They also urged lawmakers to put aside their differences…” click here for more
NEW ENERGY MARCHES ON The Global Renewable Energy Report Card
Robert Rapier, June 16, 2014 (Investing Daily)
“…Despite declining policy support and uncertainty in many European countries and the US, renewables continued to grow globally [according to REN21’s Renewables 2014 Global Status Report]. In the power sector global capacity exceeded 1,560 gigawatts (GW), up more than 8 percent over 2012…Solar photovoltaics (PV) continued to expand at a rapid rate, with growth in global capacity averaging almost 55 percent annually over the past five years. Even as global investment in solar PV declined by nearly 22 percent from 2012, new PV capacity installations increased by about 32 percent as a result of sharply falling levelized costs. For the first time ever, the world added more solar PV than wind power capacity in 2013…Global new investment in non-hydropower renewable power and fuels was an estimated $214 billion in 2013, 53 percent of which went into solar power. The total was down 14 percent from 2012 and 23 percent lower than the current peak investment year of 2011…China made the largest investment globally at $54 billion, followed by the US ($34 billion), Japan ($29 billion), the United Kingdom ($12 billion) and Germany ($10 billion)…” click here for more
INSIGHTS INTO THE EFFICIENT LIGHTING MRKT Outdoor and Parking Lighting Systems; High-Pressure Sodium, Metal Halide, LED, Induction, and Fluorescent Lighting and Lighting Controls: Global Market Analysis and Forecasts
2Q 2014 (Navigant Research)
“…[W]hile light-emitting diode (LED) lighting and controls are making inroads into commercial and domestic lighting, inexpensive high-pressure sodium (HPS) lamps lead in outdoor lighting and will take longer to displace. LED outdoor area luminaires must compete with the other lamp types that are still relatively energy efficient, making it more challenging to achieve lifetime cost savings…Although the desire to reduce electricity costs is a significant driver for the adoption of LEDs and controls, it is not the most important one. Cutting maintenance costs is increasingly being seen as the key factor...[ LED lamps] in place of older metal halide lamps leads to less frequent relamping and thus lower maintenance costs…[and improved] safety and security…Yet, growing demand for controls will likely not offset declining average selling prices (ASPs) and revenue from lamp replacements will shrink as facilities become more efficient. Navigant Research forecasts that global luminaire, lamp, and controls revenue will decline slightly from $2.81 billion in 2014 to $2.75 billion in 2023…” click here for more
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