NewEnergyNews: QUICK NEWS, December 14: ENERGY EFFICIENCY – FIRST AMONG NEW ENERGIES; ANTI-WIND PROPAGANDA FACT-CHECKED; BILLION $$$ FARADAY FUTURE EV PLANT TO NV

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    Monday, December 14, 2015

    QUICK NEWS, December 14: ENERGY EFFICIENCY – FIRST AMONG NEW ENERGIES; ANTI-WIND PROPAGANDA FACT-CHECKED; BILLION $$$ FARADAY FUTURE EV PLANT TO NV

    ENERGY EFFICIENCY – FIRST AMONG NEW ENERGIES Why energy efficiency is the cheapest path to climate action

    David Labrador, December 9, 2015 (GreenBiz)

    “…[E]nergy efficiency can be a low-cost pathway to keeping global warming to the critical 2 degrees Celsius mark [according to How Energy Efficiency Cuts Costs for a 2-Degree Future from Fraunhaufer ISI and ClimateWorks. The detailed study of the world’s largest and fastest-growing economies] finds that, by leveraging energy efficiency as a significant complement to decarbonizing the energy supply, those countries can realize savings of $2.8 trillion and achieve a net-zero cost to society by 2030 while still achieving decarbonization and minimizing climate change…[It] compared a business-as-usual pathway with an energy-intensive pathway, which included limited energy efficiency, and an energy-efficient pathway, which was much more efficiency-intensive…” click here for more

    ANTI-WIND PROPAGANDA FACT-CHECKED Anti-wind power groups full of hot air

    Gabe Elsner, December 14, 2015 (The Hill)

    “…[F]ossil fuel-funded special interest groups like Americans for Prosperity are working to mislead the public and elected officials regarding the wind industry…The wind PTC and solar Investment Tax Credit (ITC) have fueled a new American energy industry, with which AFP’s fossil fuel beneficiaries do not want to compete. Instead, the fossil fuel industry funds front groups to push their political goals…[as documented in Attacks on Renewable Energy Policies. The] Production Tax Credit has helped spark technological innovation, expand high-tech manufacturing in the United States, and create jobs. As a result of the tax break and good, old-fashioned American ingenuity, wind’s costs have fallen 66% in the last six years…[The PTC and ITC] can speed the transition from fossil fuels to clean technology while supporting private sector investment and economic opportunity…All forms of energy in the United States benefit from federal incentives…Overall taxpayer handouts for dirty fossil fuels like oil, gas, and coal dwarf the incentives provided for renewable energy and energy efficiency deployment…” click here for more

    BILLION $$$ FARADAY FUTURE EV PLANT TO NV Nevada lands $1 billion Faraday electric car plant

    Seth A. Richardson, December 11, 2015 (Reno Gazette Journal via USA Today)

    “…Nevada appears to have reeled in another factory project from a huge California-based automotive startup…[Electric car company Faraday Future] wants to bring a proposed $1 billion factory to North Las Vegas…[T]he state has put together a $335 million incentives package to lure the automaker…The deal would bring 4,500 direct jobs to southern Nevada with an average wage of $22 per hour as well as 9,000 indirect jobs…Not much is known yet about Faraday. It is based in a Los Angeles suburb, has several former Tesla executives in top positions and appears to be backed by a Chinese billionaire. It is expected to show its first model at the Consumer Electronics Show in Las Vegas next month…The $335 million deal to bring the proposed 3 million square-foot facility to Southern Nevada includes around $215 million in tax incentives and $120 million in infrastructure spending…Faraday agreed to invest $1 billion into the state to qualify…” click here for more

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