Electricity usage is rising as energy resources are dwindling and the increasing use of electric vehicles will exacerbate this conflict. As the nation emerges from recession, Energy Secretary Steven Chu says the key to managing energy demand more efficiently could lie in a new digital smart grid. Source: Clean Skies News
Clean Skies News talks to NRG Energy’s David Crane, who gives an update on the company’s post-combustion carbon capture and sequestration project, which was just awarded $135 million by the Department of Energy. He also discusses the future for older coal power plants. Source: Clean Skies News
Virginia Governor Bob McDonnell (R) is counting on revenue from oil and gas drilling off the mid-Atlantic coast, regions just unlocked by President Obama’s announcement, to help fix his state’s roads and fill budget shortfalls. Virginia expects up to $8 billion worth of investment in the state as oil and natural gas companies ramp up to begin exploratory drilling as early as next year. However, doubts remain about the future of the revenue-splitting proposal. Source: Clean Skies News
The Renewable Fuels Reinvestment Act, introduced in the US House by Representatives Earl Pomeroy (D-ND) and John Shimkus (R-IL) last week, would extend ethanol tax credits for another five years. However, backers of ethanol face an uphill battle, as the proposal has both reignited the fuel versus food debate and intensified scrutiny of the EPA’s regulations on the environmental impact of corn-based ethanol. Source: Clean Skies News
Clean Skies News talks to experts in the wind and renewables industries affected by Recovery Act funding and how it impacts U.S. jobs. The act is aiding both foreign and domestic companies – but at what cost? Source: Clean Skies News
Interior Secretary Ken Salazar and representatives from six mid-Atlantic states meet in Washington to lay the groundwork for wind development off the East coast. Salazar says he will streamline the permit process for offshore alternative energy. Source: Clean Skies News
The UNFCCC’s Executive Secretary Yvo de Boer has announced that he will step down in July. Jake Schmidt, International Climate Policy Director at the National Resources Defense Council gives his view. Source: Clean Skies News
Major UK companies have formed a “Task Force” to urge the UK government to take more seriously the threat of coming oil supply shortages – the “Peak Oil” problem. The Task Force have just launched an updated report after their first report in late 2008 was largely ignored by government. Source: ITPOES
Renewable energy leaders want the tax credits contained in the Recovery and Reinvestment Act to be extended for a further three years to encourage private financing and new investment in renewable energy projects. Source: Clean Skies News