NewEnergyNews: QUICK NEWS, October 19: BIG BIZ WANTS CLIMATE ACTION; WIND’S FIGHT HEATS UP; HOW LOW WILL SOLAR GO?

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While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Is ‘Game Of Thrones’ About Climate Change?
  • FRIDAY WORLD HEADLINE-Surprises In The New Global Solar Rankings
  • FRIDAY WORLD HEADLINE-Denmark’s Vestas Wins Mexico’s Biggest Wind Deal
  • FRIDAY WORLD HEADLINE-Supervolcanoes Could Grow Cars With Plugs
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, August 17:

  • TTTA Thursday-Is The White House Hiding DOE’s Grid Study?
  • TTTA Thursday-Will The White House Hide The Climate Report?
  • TTTA Thursday-Crucial Transmission Line For Wind Denied
  • TTTA Thursday-Wind And Solar Are Saving Lives
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Organizing California’s Distributed Energy Efforts
  • ORIGINAL REPORTING: A Deep Look At Evolving U.S. Efforts To Support Solar
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: Big Growth In Customer-Sited Wind
  • QUICK NEWS, August 15: New Forest To Offset Bad U.S. Climate Policies Has 120,000 Pledges; Wind Becoming The Go-To Power; 88,000 Jobs And The Fight Over Solar Imports
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: The Work On Tomorrow’s Grid So Far
  • QUICK NEWS, August 14: Climate Is The Elephant In The Room; Long-Term, NatGas Is Not The Answer; Why Wind Is Such A Good Choice
  • THE LAST DAY UP HERE

  • Weekend Video: Al Gore Talks With Bill Maher
  • Weekend Video: The U.S. Celebrates Its First National Wind Week
  • Weekend Video: Wind Is Just Beginning To Show Its Power
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    Founding Editor Herman K. Trabish

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    Research Associate and Contributing Editor Jessica R. Wunder

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • ---------------
  • WEEKEND VIDEOS, August 19-20:

  • Colbert On The Newest Climate Fiasco
  • Consumer Reports’ Tesla Vs. Bolt Face-Off
  • All About The Eclipse And The Power Grid

    Monday, October 19, 2015

    QUICK NEWS, October 19: BIG BIZ WANTS CLIMATE ACTION; WIND’S FIGHT HEATS UP; HOW LOW WILL SOLAR GO?

    BIG BIZ WANTS CLIMATE ACTION Global companies sign White House pledge on climate change action

    Demetri Sevastopulo and Barney Jopson, October 19, 2015 (Financial Times)

    “Johnson & Johnson, Procter & Gamble, Nike and Ikea are among dozens of global companies that have signed a White House-sponsored pledge to take more aggressive action on climate change, as part of a broad push by President Barack Obama to corral corporate support for a global climate deal this year in Paris…68 companies have joined the 13 original signatories to the so-called American Business Act on Climate Change Pledge…[L]arge oil and gas companies such as ExxonMobil and Chevron were notably absent…Mr Obama hopes that support from companies with a combined market capitalisation of more than $5tn will boost the chances that the delegates from almost 200 countries can reach a climate accord in Paris. He also plans to use the pledges to craft a legacy on climate change during his final 15 months in office…” click here for more

    WIND’S FIGHT HEATS UP Wind industry betting on PTC extension

    Michael Copley, October 15, 2015 SNL

    “Wind companies are continuing to plan projects that rely on the federal production tax credit…even though the incentive expired at the end of 2014 and there is uncertainty whether Congress will reinstate it…[T]he industry seems to have worked through the pipeline of projects that were rushed into development in order to qualify for the production tax credit's safe harbor provision, and…[companies have new deals ready to go if Congress reinstates the subsidy…If developers are betting wrong, they will have to mothball projects…But if they do not take the gamble, [they fall behind their competition]….That calculation illustrates the pressure industry lobbyists are under to win over lawmakers who have started challenging tax policy that historically has had bipartisan support…The Senate Finance Committee in July voted to reinstate the PTC, which credits developers $23 per MWh that a wind farm generates, as part of a larger tax-extenders bill. However, House Republicans would rather select a few of the expired tax breaks and make them permanent. The production tax credit has not been one of them…” click here for more

    HOW LOW WILL SOLAR GO? Austin City council ups solar procurement to 450MW

    John Parnell, 16 October 2015 PV Tech

    “The council of Austin, Texas voted to up its solar procurement plans to 450MW…[by the end of 2019 and its utility, Austin Energy,] is eyeing post-investment tax credit (ITC) savings by owning its solar assets itself…Documents from the meeting put the annual cost of procuring up to 650MW at US$44 million valuing the 25-year power purchase agreements at US$1.1 billion. Up to 450MW has been costed at US$17 million a year and US$425 million in total...Concerns over the impact on energy bills resulted in a 1% increase cap on consumer bills…A presentation by Austin Energy also dismissed the impact of the ITC's step-down from 30 to 10% at the end of 2016…The company said it had been offered power from post-ITC cut projects for less than 2% more than the cost of pre-2016 projects…[which plant ownership would offset] with lower build costs.” click here for more

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