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In 2018, expect ‘clean energy’ to be cheap energy...

The central fact that will drive the energy industry worldwide in 2018, profoundly affecting businesses, consumers and policymakers, is that “clean energy” is now “cheap energy.” Fossil fuel extraction is expensive. It is giving way to cheaper, more flexible technologies, primarily renewables like wind and solar, and electric vehicles. These shifts will change investment decisions, business models, household usage,...

White House seeks 72 percent cut to clean energy r...

The Trump administration is poised to ask Congress for deep budget cuts to the Energy Department’s renewable energy and energy efficiency programs, slashing them by 72 percent overall in fiscal 2019, according to draft budget documents obtained by The Washington Post. Many of the sharp cuts would likely be restored by Congress, but President Trump’s budget due out in February will mark a starting point for negotiations and...

‘DOE’s Efforts to Save Coal Through Market Interve...

The Department of Energy’s days of attempting to meddle in the power markets to benefit fuel sources the administration looks favorably upon probably are over, an attorney with Akin Gump said Jan. 30 during an energy policy briefing on the year ahead. The Trump administration’s desire to reinvigorate the struggling coal industry is no secret; the subject of ending the so-called war on coal got much attention on the campaign...

A Coal Executive’s “Action Plan” For Trump Is Made...

As early as his 2016 election campaign, Donald Trump has been a vocal advocate for the coal industry. As a candidate and now as president, he’s promised to slash regulations he says cost miners their jobs, and forged political alliances with leaders across the industry. Among those leaders is Robert E. Murray, CEO of Murray Energy Corp., the country’s largest coal mining company. During the election, Murray was an ardent...

President Donald Trump said coal miners in Southwe...

“Coal is facing a long-term problem.” When then-presidential candidate Donald Trump visited the Pittsburgh area during his campaign, he consistently promised that the coal industry would be making a rebound. “Coal — clean coal, clean coal — we’re bringing it back,” Trump said at an April 2016 rally at the David L. Lawrence Convention Center in Downtown Pittsburgh. In July 2016, in Scranton in northeast Pennsylvania, Trump...

Battery Storage Revolution Could ‘Sound the ...

If we want to accelerate the world’s renewable energy transition, we’ll have to modernize the electric grid and we’ll need much better batteries. Just look at Germany, which generates so much clean energy on particularly windy and sunny days that electricity prices are often negative. Sure this is good news for a German person’s wallet, but as the New York Times noted, “Germany’s power...

Coal’s death spiral, in 3 charts

The latest reports suggest that coal has the equivalent of black-lung disease: the condition is chronic, and the long-term prognosis is dire. Power companies plan to shutter more than 10 big coal plants in 2018, extinguishing a major portion of coal burning in the United States (see the map below). According to projections released by the Energy Information Administration this week, coal-fired plants will produce less than...

Electric Vehicle Tax Credit Survives, but G.M. and...

House Speaker Paul D. Ryan called electric vehicle tax credits “money wasted on losers.” The head of the Environmental Protection Agency, Scott Pruitt, said he’d “do away” with renewable energy subsidies. During the presidential election campaign, Donald J. Trump disparaged renewable energy as “very, very expensive” and “not working on a large scale.” He said a wind farm in California looked like a “junk yard” and claimed...

EPA moves to replace Obama-era climate rule

U.S. EPA today is taking a first step toward potentially replacing the Obama administration’s signature climate rule. The agency released a notice asking the public for comment on what a replacement rule for Obama’s Clean Power Plan should look like. “EPA is considering proposing emission guidelines to limit greenhouse gas (GHG) emissions from existing electric utility generating units (EGUs) and is...

Wind power blows past coal in Texas

Wind power, by one important measure, surpassed coal last month to become the second-largest electricity source in Texas, yet another milestone in the state’s march toward greater reliance on renewable energy. When a 155-megawatt wind farm in West Texas began commercial operation this month, it helped push the state’s wind power capacity even higher, to more 20,000 megawatts, surpassing 19,800 megawatts of...

World Bank to Discontinue Support for Oil and Gas ...

National Observer (Canada): The World Bank has confirmed that it will stop financing upstream oil and gas projects after 2019 except under exceptional circumstances in the world’s poorest countries. The global financial institution made the announcement at climate summit in Paris on Tuesday, which took place roughly two years after the historic COP21 climate conference in the same city. At Tuesday’s summit, French insurance...

Coal Power In A ‘Death Spiral’ In Europe, Where Mo...

Maybe someone should tell Donald Trump. Coal power is in a “death spiral” in the European Union, with 54 percent of its coal plants losing money, according to a new report published Friday. Ninety-seven percent of the EU’s 619 coal plants will be losing money by 2030, according to the analysis from U.K. nonprofit Carbon Tracker, which looked at the profitability of every coal plant. Under current phase-out plans, only 27...

General Electric to cut 12,000 jobs in power busin...

ZURICH/LAS VEGAS (Reuters) – General Electric Co (GE.N) said Thursday it is axing 12,000 jobs at its global power business, the struggling industrial conglomerate’s latest effort to shrink itself into a more focused company. The U.S. company launched the cuts to save $1 billion in 2018 at its Power business, saying it expects dwindling demand for fossil fuel power plants to continue. GE’s cuts follow a decision by...

Renewable Energy Is Surging. The G.O.P. Tax Bill C...

   Photo A wind turbine generator outside Peetz, Colo. The Republican tax bills seek to scale back tax preferences for renewable energy like wind and solar. Credit Ryan David Brown for The New York Times WASHINGTON — The Republican tax bills moving through Congress could significantly hobble the United States’ renewable energy industry because of a series of provisions that scale back incentives for wind and solar power...

Pollution kills 9 million people globally each yea...

Your chances of dying from war, smoking, hunger or natural disasters pales in comparison to pollution, which kills nine million people globally each year. A comprehensive study published in medical journal The Lancet, reports that one in every six premature deaths on earth, are caused by diseases from toxic exposures in the environment.  In particular, coal kills over ten times more people than any other energy source, per...