QUICK NEWS, August 31: NEW FINANCE PLAN FOR GEOTHERMAL; SUN IN MAINE; CAN CA CLIMATE BILLS GET BY FOSSIL INTERESTS?
NEW FINANCE PLAN FOR GEOTHERMAL Geothermal Community Could Be a Game Changer
August 27, 2015 (RenewablesBiz)
“…[T]hermal service providers…[may be like solar leasing and] sell thousands of new homeowners on geothermal heating and cooling…[The key] is taking the highest cost of geothermal loop off the table: excavating and drilling to install the ground loop…In Orca Energy’s plan,] Orca owns (and maintains) the ground loop, while the other equipment, heat pumps and so on, are amortized over the 20-year home mortgage…[There] is little impact on their monthly mortgage, but ongoing savings on energy use for the life of the home…Orca meters the thermal BTU of the ground loop and charges [the homeowner] a rate that's lower than the local electrical rate, [creating as much as 30 percent lower heating or cooling bills…” click here for more
SUN IN MAINE Solar advocates see bright opportunity in northern Maine
Anthony Brino, August 30, 2015 (BDN News)
“…[Counterintuitively,] northern Maine may be one of the best places on the East Coast to turn sunlight into electricity, and it can be affordable for the middle class…On average, across winter, spring, summer and fall, northern Maine gets 4.2 hours of daily usable solar radiation that can be converted into electricity. Mid-Atlantic states such as Connecticut, New York and Pennsylvania might be warmer, but they have more smog and less usable sunlight — about 3.5 hours on average…The cold also is an advantage…[because] silicon wafers and electrical conductors in solar panels thrive in the cold and run more efficiently in the winter, even though there are fewer hours of sunlight…According to Efficiency Maine, a 4.5-kilowatt (or 4,500-watt) photovoltaic system costs about $17,000 in total to purchase and install…[but] it’s a good investment for a long-term homeowner that almost certainly will pay off within 10 years…[and] is expected to [provide power for] 25 years…” click here for more
CAN CA CLIMATE BILLS GET BY FOSSIL INTERESTS? Historic climate-change bills in California Legislature go down to the wire
Jessica Calefati, August 29, 2015 (San Jose Mercury News)
“With the deadline for lawmakers to finish their work less than two weeks away, Gov. Jerry Brown and state Senate leader Kevin de León are working feverishly to pass what they call the year's most important legislation…The bills, which would dramatically reduce the state's reliance on oil and help to combat climate change, have been praised by everyone from Pope Francis to President Barack Obama to the world's leading scientists…If enacted, the legislation would set international precedent and cement California's reputation as a leader in the fight against global warming…But standing in the way is one of Sacramento's most powerful lobbies, the oil and gas industry, which has spent millions of dollars on advertising that paints a dystopian vision of the future: an out-of-control bureaucracy that would have the power to ration gasoline, punish SUV owners and limit the number of miles Californians drive…After passing the Senate by a wide margin in June, the bills face a much tougher test in the Assembly, which is expected to take them up as early as this week…” click here for more
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