Europe aims to put a cap on renewable energy production

European Commission draft law seeks to pay companies to stop producing renewable energy Regulators from the European Union are looking to pay energy companies to stop generating electricity in order to create a safeguard against renewable energy blackouts. The European Commission, the legislative arm of the European Union, will be publishing a draft law which will allow for paying more for surplus energy supply. Much of the money set aside by the law will be funneled to renewable energy companies, which will be providing electricity only when it is needed…

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United States Treasury Department to investigate fraud in the solar energy sector

Federal agency will be looking into concerns regarding fraud in the solar space The United States Treasury Department has begun looking into potential fraud in the solar energy space. The matter involves the federal agency investigating the funding that solar panel manufacturers have received over the course of three years. Some lawmakers have requested that the agency provide them with updates concerting the investigation. The concern lies with the belief that some companies have inflated the market value of their products in order to gain access to more taxpayer money….

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Rockefeller Family Fund to divest from fossil-fuels to fight climate change

Fund will be distancing itself from fossil-fuels as soon as possible The Rockefeller Family Fund has announced that it will be divesting from fossil-fuels as soon as possible. The Rockefeller Family made one of the world’s largest fortunes in the oil business many years ago, but it has now become very concerned with the potential impact of climate change. The fund plans to eliminate its holdings of Exxon Mobil Corp., claiming that the prominent oil company has been misleading consumers about the risks associated with a changing climate. Companies may…

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Renewable energy and emissions reduction could save the US billions of dollars

Study highlights the financial impact of emissions reduction efforts in the United States The rise of renewable energy could save the United States billions of dollars as well as saving lives, according to a new study from researchers from Duke University’s Nicholas School of Environment. The study found that committing to the emissions reduction target established by the Paris Agreement will have a major financial impact on the country. There have been concerns that sticking to these targets would actually create more cost than benefit, but the study suggests that…

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Obama seeks to secure support for renewable energy with charge on oil

President proposes new charge that will be applied to all oil being sold in the country President Barack Obama is set to propose a new charge of oil that is meant to promote clean transportation and renewable energy projects throughout the United States. The president intends to charge $10-per-barrel of oil, with the federal government planning to use the funds collected by the new charge to support a wide range of environmentally friendly projects. Obama’s proposal faces major political challenges, however, and there is no guarantee that it will gather…

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New legislation in Idaho could be good news for solar energy companies

Lawmakers are reviewing legislation that would exclude solar energy companies from paying property tax Lawmakers in Idaho are reviewing a proposal from the state’s solar industry concerning the taxes that solar energy companies have to pay. These companies want to taxes on the electrical power that they produce, rather than property taxes. Companies specializing in other forms of renewable energy do not have to pay taxes on the energy they produce, which has allowed them a certain degree of financial fortitude that solar energy companies do not enjoy. Similar legislation…

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Google invests in Kenya’s largest wind energy system

Google is investing in the Lake Turkana Wind Power Project Google has announced that it will be investing in a wind energy project in Kenya, which is one of the largest of its kind in Africa. The Lake Turkana Wind Power Project first broke ground in July of this year. The massive energy system is expected to become a very valuable resource for Kenya, which has been working to become more environmentally friendly and embrace clean energy in recent years. Renewable energy may also help the country reduce its reliance…

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Russian Federation Power Market Size, Industry Analysis, Shares, Trends and Forecast between 2015 to 2025

“The Report Russian Federation Power Market Outlook To 2025, Update 2015 – Market Trends, Regulations, And Competitive Landscape provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz” Summary This report elaborates the Russian Federations power market structure and provides historical and forecast numbers for generation, capacity and consumption up to 2025. Detailed analysis of the Russian Federation power markets regulatory structure, import and export trends, competitive landscape and power projects at various stages of the supply chain is provided. The report also…

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Malaysia Power Market Outlook To 2025, Update 2015 – Available at MarketResearchReports.Biz

“The Report Malaysia Power Market Outlook To 2025, Update 2015 – Market Trends, Regulations, And Competitive Landscape provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz” Summary This report elaborates Malaysias power market structure and provides historical and forecast numbers for generation, capacity and consumption up to 2025. Detailed analysis of the Malaysian power markets regulatory structure, import and export trends, competitive landscape and power projects at various stages of the supply chain is provided. The report also gives a snapshot of…

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Kazakhstan Power Market Size 2015, Industry Trends and Forecast 2025: Market Research Reports.Biz

“The Report Kazakhstan Power Market Outlook To 2025, Update 2015 – Market Trends, Regulations, And Competitive Landscape provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz” Summary This report elaborates Kazakhstans power market structure and provides historical and forecast numbers for generation, capacity and consumption up to 2025. Detailed analysis of the Kazakhstan power markets regulatory structure, import and export trends, competitive landscape and power projects at various stages of the supply chain is provided. The report also gives a snapshot of…

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United Kingdom Kraken Project Panorama: Industry Analysis, Size, Share, Growth, Trends And Forecast

“The Report United Kingdom Kraken Project Panorama – Oil And Gas Upstream Analysis Report provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz” United Kingdom Kraken Project Panorama, GlobalData’s latest release, presents a comprehensive overview of the asset. This upstream report includes detailed qualitative and quantitative information on the asset, provides a full economic assessment and reflects several parameters including (but not limited to) geological profile, asset development and specific challenges. Based on this analysis, future outlook for the asset is presented…

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United Kingdom Heather Project Panorama – Oil And Gas Upstream Analysis Report Available at MarketResearchReports.Biz

“The Report United Kingdom Heather Project Panorama – Oil And Gas Upstream Analysis Report provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz” United Kingdom Heather Project Panorama, GlobalData’s latest release, presents a comprehensive overview of the asset. This upstream report includes detailed qualitative and quantitative information on the asset, provides a full economic assessment and reflects several parameters including (but not limited to) geological profile, asset development and specific challenges. Based on this analysis, future outlook for the asset is presented…

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Changes may be coming to the way the UK supports electric vehicles

Electric vehicles have been receiving strong support in the United Kingdom Those interested in purchasing an electric vehicle in the United Kingdom have benefited from financial initiatives that have helped make these vehicles more affordable. Financial incentives have been available for these vehicles since 2011 and the program has proven capable of promoting the adoption of electric vehicles. Soon, the financial program offered in the UK may see an overhaul, as government officials continue to push for the adoption of clean transportation throughout the country. Government program may be receiving…

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Bill Gates to invest $2 billion in renewable energy

Gates shows more support for clean power Acclaimed billionaire Bill Gates has announced that he will be making sizeable investments in renewable energy initiatives, particularly those that make use of innovative technologies. Gates has become known as a prominent supporter of clean energy and sustainability, investing aggressively in solar power and similar types of energy. The Bill and Melinda Gates Foundation has a history of investing in environmentally conscious pursuits, but the organization also has a stake in the fossil-fuel sector, as it is invested in companies like British Petroleum….

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UK plans to privatize its renewable energy funding bank

Green Investment Bank to be privatized in the coming years The UK government has plans to privatize the Green Investment Bank. The financial institution serve as a funding platform that supports various renewable energy projects. The organization was first established in 2012 and has since shown itself capable of funneling funds to innovative energy projects in the UK and elsewhere around the world. Since 2012, the institution has been managed by the UK government, which is now moving the bank into private ownership. The bank has invested more than $2…

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Japan issues support for climate change fund

Green Climate Fund releases funds to support developing countries The fight against climate change has taken an important step forward with the release of $5 billion for the Green Climate Fund. The fund is designed to serve as a mechanism to redistribute money from the developed world to the developing world. These funds are meant to be used to support the adoption of renewable energy, financing new projects that can help developing countries become more environmentally friendly. The fund also provides support for initiatives that aim to mitigate the impact…

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