New tax bill could disrupt the renewable energy market

Renewable Energy - New US Tax Bill

Senate passes tax bill that could have a major impact on the clean power sector The U.S. Senate has passed a new tax bill that could have a major impact on renewable energy throughout the country. Over the past few years, clean power has been growing relatively rapidly in the U.S. This growth is expected to slow significantly due to the provisions of the new tax bill. One of these provisions was introduced by the Senate finance committee just before the tax bill passed. This particular provision, called Base Erosion…

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Tax reform bill could have impact on renewable energy in the US

Renewable Energy - Tax Break

New tax reform bill may affect the renewable energy space The United States House of Representatives is expected to approve a new tax reform bill which may have some impact on the renewable energy space. As it stands now, the bill would reduce the tax benefits that have benefited the clean power industry in the past. As the final version of the bill is being negotiated, however, such provisions may be put to rest, thereby ensuring that the renewable energy space continues to thrive. Bill seeks to reduce the Production…

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Report shows that carbon emissions are surging, bolstering climate change

Carbon Emissions Increasing Climate Change - Drought

WMO research highlights the rapid growth of atmospheric carbon dioxide The concentration of carbon dioxide in the atmosphere hit a record high in 2016, according to data from the World Meterological Organization (WMO). The organization notes that atmospheric carbon concentration was 50% higher in 2016 than it was only a decade previous. Researchers suggest that this is due to human activity as well as weather phenomenon. The research highlights the continuing issue of climate change and how it may be heavily linked to society’s actions. Emissions may make it impossible…

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Future of renewable energy is still imperiled in the United States

Renewable Energy Future - American Flag

Clean power is growing, but that can change with simple policy shifts Renewable energy has made impressive gains in the United States over the past few years, but its future is still uncertain. The federal government is currently in the midst of making changes to energy policies. The Trump Administration intends to show significantly more support for fossil-fuels, hoping to revitalize the coal and oil industries. As such, there have been cuts to renewable energy research and development funds. The country’s Clean Power Plan has also been repealed and the…

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Renewable energy revolution in the US is going better than expected

Renewable energy is going well in US - Wid Energy

Report highlights the unprecedented growth of clean power The Natural Resources Defense Council (NRDC) has released a new report highlighting the boom of renewable energy in the United States. The report shows that many forms of clean power have found success in the country. In particular, both wind and solar power have managed to thrive. These two sectors of clean energy have managed to beat forecasts that had outlined their future success and have become the two fastest growing forms of power in the United States as a whole. Solar…

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Renewable energy could face a challenging future in the US

Renewable Energy In Need of Support - Time for Change

DOE report calls for more support for fossil-fuels The U.S. Department of Energy has released a new report that could signal a major shift in the agency’s support for renewable energy. The report was commissioned by the agency’s head, Rick Perry, and recommends that more of the country’s electricity be generated from coal. Renewable energy advocates have been concerned for changes in federal energy policies since the Trump Administration came into power. Now, these concerns may become a reality as the Department of Energy begins to show stronger interest in…

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Renewable energy is saving lives in the US

Renewable energy saving lives - heart in tree

Report shows that renewable energy has helped prevent 12,700 deaths The proliferation of solar and wind energy has had a major impact on the health of people in the United States. According to a new study published in Nature Energy, some 12,700 premature deaths have been prevented due to the use of solar and wind power. The report also highlights the economic impact that renewable energy has had throughout the country. According to the report, billions of dollars have been saved as a result of reducing emissions by avoiding the…

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Climate change could already be affecting the United States

Climate Change - Impact in the US

Report suggests US is already feeling the impact of climate change Average temperatures throughout the United States have risen rapidly since 1980, according to a new report. The report comes from scientists representing 13 federal agencies. These scientists suggest that the country is already feeling a significant impact from climate change. The report itself clashes with claims coming from the Trump Administration, with some government officials arguing that climate change is little more than an urban myth. President Trump himself has likened climate change to a hoax coming from a…

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New legislation could cause problems for renewable energy in the United States

Renewable Energy Legislation - US Congress

Legislation seeks to cut funding for renewable energy and efficiency programs New legislation could place new challenges on the energy efficiency and clean power sector in the United States. The legislation is currently facing the House of Representatives after being approved by the House Energy and Water Development and Related Agencies Appropriations Subcommittee. Advocates of renewable energy have criticized the legislation, as it would cut funding for several clean power and efficiency programs as well as eliminate the Department of Energy’s Advanced Research Projects Agency-Energy. Agency could see its funding…

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Corporations are showing strong support for renewable energy

Renewable Energy Corporations - Meeting Room

Corporations are now the largest buyers of renewable energy Major corporations are quickly becoming the largest buyers of renewable energy in the United States. These companies have become major supporters of clean power in recent years, with many entering into long-term power purchase agreements with energy developers throughout the country. As these corporations show more support for renewable energy, they are helping the sector thrive and grow, creating new opportunities for developers and highlighting the reliability of clean power systems. Power purchase agreements are becoming popular among corporations In 2016,…

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Renewable energy sets a new record in the United States

Renewable Energy Record - Solar and Wind

US renewable energy hits a new milestone Renewable energy has reached a new major milestone in the United States. During March of this year, wind and solar power accounted for 10% of the nation’s total energy generation for the first time, according to the Energy Information Administration. Renewable energy has been growing quickly throughout the country, but wind and solar have experienced particularly rapid growth due to support from federal and state governments. Last year, wind and solar experienced significant growth in terms of capacity, according to the Energy Information…

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US may not be able to meet its renewable energy goals by 2050

Renewable Energy Goals - US

Study suggests that the country may miss its renewable energy targets due to narrow focus The United States may need to expand its energy focus if it intends to become carbon neutral in the future. A new study from a group of 21 academic and private energy researchers argues that the country’s focus on renewable energy is too narrow. As such, the U.S. may not be able to meet its environmental goals of becoming carbon neutral by 2050. Moreover, the country may not even be able to significantly reduce its…

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Clean Power plan has been struck down by new executive order from President Trump

Clean Power Plan - US President Donald Trump

Trump signs executive order to repeal Clean Power Plan President Trump has signed an executive order to repeal the Clean Power Plan, which was first enacted by the Obama Administration. The Clean Power Plan was designed to place a greater focus on renewable energy and help curb emissions through lowering the consumption of fossil-fuels. Trump has been critical of the Clean Power Plan, promising to repeal the initiative in an effort to help revitalize the coal industry and lighten restrictions on fossil-fuels as a whole. EPA will work to withdraw…

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Coal consumption is falling in the US due to growth of renewable energy

renewable energy - consumption of coal

Renewable energy could eventually replace coal Usage of coal to produce electrical power has been on a steady decline in the United States over the past few years, according to a recent study from the Energy Information Administration. The study highlights the country’s continuing shift away from fossil-fuels toward renewable energy. Notably, wind and solar power have begun to replace coal in some parts of the United States. Natural gas is also becoming very popular in the country and while not a clean form of power, natural gas produces far…

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Growing number of cities are showing support for renewable energy

Renewable Energy - Support for Change

Two more cities opt to abandon fossil-fuels in favor of renewable energy More cities throughout the United States are making the commitment to abandon fossil-fuels. Madison, Wisconsin, and Abita Springs, Louisiana, have become the latest cities to make renewable energy a major priority. They have joined 23 other cities, such as San Diego, California, in committing to derive no less than 100% of their power from renewable sources in the coming years. Both cities have plans to invest heavily in renewable energy in order to achieve their goals. City council…

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Costs of wind energy to continue falling in the coming years

wiind energy - reduced costs

Study highlights the promising future ahead for wind energy Wind energy in the United States, and elsewhere in the world, will continue to experience technological breakthroughs in the coming years, according to researchers from the Lawrence Berkeley National Laboratory. The research team has conducted the largest study concerning renewable energy every conducted. The study concluded that as clean technology becomes more advanced, the cost of renewable energy will continue to fall dramatically. This is particularly true for wind energy, which can benefit greatly from the advances being made to turbine…

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