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News

Green Investors Avoid the UK Over Fears it will Push for Natural Gas

Green Investors Avoid the UK Over Fears it will Push for Natural Gas

May 29, 2012 at 17:01 | James Burgess

Ernst & Young have just released their quarterly report which ranks the attractiveness of countries to renewable energy investors. Due to fears that the UK will turn to natural gas…

Goldman Sachs Promises to Invest $40 Billion in Renewable Energy

Goldman Sachs Promises to Invest $40 Billion in Renewable Energy

May 28, 2012 at 17:18 | James Burgess

Goldman Sachs (GS) have just announced that they plan to invest $40 billion in renewable energy projects over the next ten years. According to Reuters, renewable energy is “an area…

UK Government cuts 2020 Solar Targets from 22GW to 11.9GW

UK Government cuts 2020 Solar Targets from 22GW to 11.9GW

May 28, 2012 at 17:16 | Joao Peixe

Many people in the UK solar industry have been worried that the sudden cuts made by the government to the solar Feed-in-Tariff (FiT) policy would make it nearly impossible to…

Europe is Failing due to the Lack of a Dominant Country to Lead the Way

Europe is Failing due to the Lack of a Dominant Country to Lead the Way

May 28, 2012 at 17:13 | Editorial Dept

We face the danger that the euro, the world’s No. 2 reserve currency, could implode.  Such an event wouldn’t be just another depreciation or collapse of a currency peg;…

Iran Looks to Reduce Reliance on the Straits of Hormuz with new Oil Terminal

Iran Looks to Reduce Reliance on the Straits of Hormuz with new Oil Terminal

May 25, 2012 at 17:13 | Charles Kennedy

Iran has been feeling increased pressure from US and EU sanctions against its oil industry, and as a result has on more than one occasion threatened to blockade the Straits…

China Looks to Taiwan to Avoid U.S. Tariffs on Solar Panels

China Looks to Taiwan to Avoid U.S. Tariffs on Solar Panels

May 25, 2012 at 17:11 | James Burgess

Taiwan, known as the republic of China, collaborates deeply with its larger neighbour in global high tech supply chains, and it is only natural that as China faces 31% tariffs…

The U.S. Should Encourage More Chinese Investment in Clean Technology

The U.S. Should Encourage More Chinese Investment in Clean Technology

May 25, 2012 at 17:06 | Climate Progress

Chinese capital is finally flowing into the U.S. clean energy market. Chinese direct investment in the U.S. clean energy economy has grown from just $4 million annually in 2006…

Cities look to Small Scale Wind Power to Cut Energy Bills

Cities look to Small Scale Wind Power to Cut Energy Bills

May 25, 2012 at 16:22 | Charles Kennedy

Nearly a third of the electrical costs paid by metropolitan boroughs can be attributed to street lighting. For example, Trondheim in Germany has 21,500 street lights, which in 2006 cost…

Underground Pipe has been Leaking Jet Fuel for 40 Years at US Air Force Base

Underground Pipe has been Leaking Jet Fuel for 40 Years at US Air Force Base

May 24, 2012 at 16:54 | Charles Kennedy

Jet fuel from the Kirtland Air Force Base in Albuquerque has been leaking from 40 years. The leak was first discovered in 1999, and so far 400,000 gallons of fuel…

Europe set to Spend a Record $500 Billion on Oil Imports this Year

Europe set to Spend a Record $500 Billion on Oil Imports this Year

May 24, 2012 at 16:52 | Joao Peixe

Despite recent declines in oil prices, they still remain at incredibly high levels around the world, which has driven up spending on oil for all nations. Europe is set to…

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