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Cancellation of Renewable Energy Contracts Disproportionately Hits First Nations and Local Communities
N/A | July 5, 2018
Energy Recovery (NASDAQ:ERII) recycles and converts wasted pressure energy into a usable asset and preserves pumps that are subject to hostile processing environments.
Article | February 25, 2020
The American Council on Renewable Energy (ACORE) released a report in January 2020 that examines four notable policy approaches identified as having the potential to accelerate the transition to a renewable energy economy and achieving scientifically based reductions in greenhouse gas (GHG) emissions. The report, Advancing America’s Climate Leadership: Policy Options That Most Effectively Put Renewable Energy to Work, discusses specific advantages and limitations of each policy option, individually and in combination. Authored by ACORE’s Greg Wetstone, President and CEO; Bill Parsons, COO; Lesley Hunter, VP of Programs; and Tyler Stoff, Policy Manager, this report offers design recommendations for policymakers to optimize implementation.
Virtually all the world’s demand for electricity to run transport and to heat and cool homes and offices, as well as to provide the power demanded by industry, could be met by renewable energy by mid-century. This is the consensus of 47 peer-reviewed research papers from 13 independent groups with a total of 91 authors that have been brought together by Stanford University in California. Some of the papers take a broad sweep across the world, adding together the potential for each technology to see if individual countries or whole regions could survive on renewables.
Across our country, there is an increased focus on renewable energy sources to combat the extreme impacts of climate change, and address the problems caused by a growing demand for power from an aging grid. While significant progress has been made through federal and state incentive programs that have helped drive down the costs of deployment, there is still so much to be done to chart a path toward a clean energy future. Accelerating development of solar and wind projects is a key to achieving renewables goals, but this is not enough. Storage solutions must be integrated to ensure renewable projects can deliver power when and where individuals and businesses need it, and minimize, or even eliminate, reliance on fossil fuels.
The world’s largest automotive company, Toyota, has announced a joint venture to enter the renewable power generation industry, setting up Toyota Green Energy in its home country of Japan. While initially this will focus on powering the company’s operations with clean electricity, the long-term could see the venture shift its focus towards the production of green hydrogen for use in Toyota’s fuel-cell vehicles. Last Friday, Toyota Motor Corporation announced an agreement with Chubu Electric Power and Toyota Tsusho Corporation to establish their new partnership in July, with the purpose of obtaining and managing renewable energy resources in Japan to power the operations of the Toyota Group.
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