A frac sand producer in Monroe County, WI laid off 55 employees as of May 1, stating the COVID-19 pandemic and underlying oil price war and depressed market prices. They hope to be able to …
Economy
United States Spend Ten Times More On Fossil Fuel Subsidies Than Education
Article originally published by Forbes. A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year,… The …
Tesla Leads EV Sales Recovery
Automotive sales globally have been down severely as result of the pandemic. However, electric vehicle (EV) sales have done relatively well, with Tesla leading the manufacturers in the UK and China. In the UK, EV …
Wisconsin’s Fastest Growing Jobs Market – Clean Energy Slowed by Coronavirus
Wisconsin’s clean energy sector that was growing 1.5 times to twice as fast as statewide employment before COVID, has lost 1 in 7 clean energy workers in three months according to the Clean Jobs Midwest …
Wisconsin utilities seek future returns on COVID-19 pandemic expenses, losses
Article originally published by Madison.com. …Following a March 22 order from Gov. Tony Evers, the Public Service Commission suspended utility service disconnections, late fees and deposits for reconnection during a statewide health emergency that has …
Clean energy industry may lose 15% of workforce
Article originally published by Utility Dive. More than 106,000 clean energy jobs were eliminated in the month of March due to the novel coronavirus outbreak, according to an analysis of unemployment data by BW Research Partnership …
Wind & Solar to Account for Largest Portion of New Electric Generation in 2020
Renewable energy generation is projected to increase 11 percent in 2020 in the US according to the US Energy Information Administration’s (EIA) EIA Short-term Energy Outlook, while US electric power generation is forecast to experience …
Price of Oil Plummets and Demand Falls
The oil industry that was troubled before the pandemic, had a major price shock when Russia and Saudi Arabia didn’t agree on necessary production cuts stemming from reduced COVID-19 demand of their biggest importer, China. …
Weekly ethanol production falls by 20%, stocks set another record
Article originally published by Ethanol Producer Magazine. U.S. fuel ethanol production fell 20 percent the week ending April 3 to an average of 672,000 barrels per day, the lowest level since the U.S. Energy Information …
PACE Wisconsin Impacts Commercial Energy Efficiency and Property Values
Creating jobs, increasing property values and improving sustainability in communities across the state are impacts of PACE Wisconsin reported from an assessment of the program since its inception two years ago. The 2019 PACE Wisconsin Impact Report shows …