A new report by Bloomberg New Energy Finance, produced for the Business Council for Sustainable Energy, concludes that "It is a new era for American energy," as a "revolution transform[s] how the US produces, delivers, and consumes energy."
As more coal plants are taken offline and renewable energy continues to make up a growing share of the country’s energy profile, coal companies see the writing on the wall. And the executives from one company decided to award themselves with golden parachutes at the expense of their employees
In sum, as the headline at Climate Progress puts it, "Supreme Court Rules In Favor Of Renewable Energy and Cheap Electricity." Not a bad day at the Supreme Court for the cleantech industry, in other words.
So that's the good news. Now the challenge: as Michael Liebreich puts it, "the fossil fuel industry isn’t going to give up the magic ring without a bit of Götterdämmerung!" Or, to put it another way, Bill McKibben writes that "the fossil fuel industry is leading its own zombie apocalypse," and that "[n]o matter how many head shots it takes, it simply refuses to die."
Five years ago, we posted our first morning energy news roundup here at ScalingGreen. Over that period, we’ve posted over 1,300 of these “Five Stories” summaries, and we hope (and believe) that they served a useful purpose to our readers. At this time, however, we have decided...
In sum, requiring utilities to switch from dirty to clean energy doesn't just benefit the environment and people's health, but also the economy in a major way. Downsides to more clean energy? LBNL doesn't appear to have found any.