US economywide emissions climbed 2.5% in 2018, Rhodium reports
Energy-related emissions in the U.S. ticked upward in 2018 after three years of continuous decline as did economywide U.S. greenhouse gas emissions with an increase of between 1.5% and 2.5% from the prior year, the Rhodium Group reported May 31.
Calif. fire liability rule threatens renewable energy goals, commission finds
California's practice of holding utilities strictly liable for damages related to wildfires ignited by their equipment, whether or not the companies are found negligent, threatens not only utility shareholders, but also the state's ambitious climate and clean energy policies and must be reformed, according to a state-appointed panel on wildfire costs.
Gas utilities staking out their place in climate-conscious energy space
Gas utilities are working to figure out their roles in an increasingly climate-conscious world, especially as more energy regulators and consumers begin to seek out non-fossil fuel sources.
Climate advocacy group outlines 3 pathways for US to slash emissions by 80%
The Center for Climate and Energy Solutions, or C2ES, has released a report outlining what it believes are three plausible pathways for the U.S. to curb its emissions by 80% below 2005 levels by 2050.
Exxon, Chevron shareholders reject ESG resolutions at annual meetings
Shareholders at Exxon Mobil Corp. and Chevron Corp. rejected several investor-led environmental, social and governance resolutions at the oil and gas majors' respective annual general meetings on May 29.
TVA on target to curb power plant carbon emissions by 70% by 2030
The Tennessee Valley Authority is on track to reduce its power plant carbon emissions by 70% from 2005 levels by 2030 through a combination of coal-fired facility retirements, increased nuclear plant output, and modernizing existing or building new renewable generation, according to a company spokesperson.
Colo. governor signs sweeping energy legislation
Colorado Gov. Jared Polis on May 30 signed into law a package of energy bills, including a sweeping overhaul of state utility regulation, as a part of his plan to put the state on track to drastically reduce its greenhouse gas emissions in the coming decades.
Mass. study calls for 1.6 GW of new offshore wind power
The Massachusetts Department of Energy Resources on May 31 released a study calling for the procurement of 1.6 GW of additional offshore wind power, beyond the 1.6 GW already required under state law.
Coal lobby counters claim that renewables are cheaper with 'imposed costs' study
Supporters of coal-fired power plants released a new report making the case that existing power resources can more cheaply generate power than new resources such as wind and solar, contradicting other recent reports suggesting much of the U.S. coal-fired generation fleet is uneconomic.
Conditions remain favorable for robust wind asset M&A activity
Low cost of capital continues to be a major feature of the U.S. renewable landscape as offshore wind takes off and European companies previously considered oil and gas majors ramp up investment on this side of the pond.
On eve of permanent shutdown of Pilgrim nuke, impacts remain unclear
Almost 47 years after coming online, Massachusetts' last operating nuclear power plant — Entergy Corp.'s 683-MW Pilgrim facility in Plymouth — will permanently shut down May 31.