Article originally published by Los Angeles Times Believing that fossil fuel investments pose a long-term risk to generating strong returns, the University of California system announced a decision to completely divest its $13.4-billion endowment of …
Economy
Investors Join in Climate Action 100+
Harvard University’s endowment, Harvard Management Company, joined with other investors globally in Climate Action 100+, an initiative to ensure that the world’s largest corporate greenhouse gas (GHG) emitters take steps to curb climate change. The investors represent …
Massive U.S. Offshore Wind to Spin New Renewable Energy Industry Growth
The world’s largest wind turbines, which are 853 feet tall or nearly the height of NYC’s Chrysler Building and 12 megawatts (MW), are made by General Electric Co.(GE) and will be installed off the coast of Maryland and …
Clean Energy Sector Boosts Minnesota’s Economy
The clean energy sector in Minnesota grew jobs at 2.5 times the rate of overall job growth in 2018. Seventy-two percent of those jobs were in companies of 20 or fewer employees, from small businesses …
An Unusual Plan for Lowering Solar’s Customer Acquisition Costs: Infomercials
Article originally published by GreenTechMedia Generac Power Systems, a Fortune 1000 company that sells residential backup power generators, is making a play for the residential solar and storage market. This spring the Wisconsin-based company, part …
Wood County 150 MW Solar Project Valued at $21 Million to Local Governments
At a public hearing on September 25th on the proposed Wood County and Town of Saratoga 150 MW solar farm, residents learned that the solar PV project could bring $600,000 into the local economy annually and …
IEEFA update: Renewables outpace coal for entire second quarter
Article originally published by Institute for Energy Economics and Financial Analysis First it was one month, with renewables topping coal generation in the U.S. for the month of April. Now it has been a whole quarter. …
BENF: Corporate renewable energy purchases likely to set new record in 2019
Article originally published by Institute for Energy Economics and Financial Analysis This year is on track to be another record-setter for corporate renewables purchases, and while the U.S. is still the engine driving the market’s …
Wisconsin ratepayers to see refunds thanks to lower energy costs in 2018
Four of Wisconsin’s largest for-profit utilities will refund more than $25 million to ratepayers this fall as a result of lower-than-expected energy prices in 2018. Lower natural gas prices, the addition of renewable generation, and …
Chubb Bans Coal Underwriting and Investment
Chubb is the first big US insurance firm to ban coverage for coal companies. Chubb will not sell insurance to any new coal-fired power plants or to companies that generate greater than 30 percent of their revenue through thermal …