The recent excitement about homes and businesses someday soon operating off the grid—courtesy of rapidly improving solar panels and the potential of Elon Musk’s batteriesRead more
The sun is a stubborn on-again-off-again partner in our solar energy relationship. With no way to store excess solar energy, solar homes are forced to return shamefacedly to the electrical grid each evening, not to mention in moments of cloud cover and/or rain.Read more
The ideal of a staid, heavily regulated industry that offers blue-collar jobs with respectable wages, pensions, and strong community ties—usually lamented as a thing of the past by observers on both the left (Elizabeth Warren, Paul Krugman) and the right (Pat Buchanan, Rick Santorum)—does still exist. To find it, one need look no further than America’s electric utilities.Read more
Do you want to know how to beat the stock market? In 46 of America’s 50 largest cities, installing a fully financed, typical-sized, residential solar power system will do just that, according to a Department of Energy-backed study released earlier this year. In other words, by investing in solar panels, most homeowners will save more in electric costs over the next 25 years (the approximate life of the system) than they would earn from investing the same money in the stock market over that same time period.Read more
Buried in the avalanche of Cuba and North Korea news was this revealing tidbit about the Obama administration's environmental priorities:
The Obama administration will set duties on solar products from China and Taiwan that combined could exceed more than 200 percent, adding fuel to a renewable-energy clash between the U.S. and China.Read more
While the rise of the barbarous Islamic State and the spread of the modern day plague of Ebola has many concerned about the state of civilization here on earth, some at the White House are turning their attention beyond our planet.Read more
The past two weeks have been filled with stories of government offices, agencies, services, workers, monuments, websites, memorials, and parks that have been closed, suspended, furloughed, and even barricaded.Read more
Will it turn out worse than Solyndra?:
As failed solar panel manufacturer Solyndra rides through the investigative ringer in Congress, revelations of another politically-connected company that received what appears to be a less-than-virtuous $1.2 billion loan guarantee are surfacing.
The company, SunPower, received its $1.2 billion loan guarantee in September, immediately before the program’s deadline.
The Wall Street Journal reports today that the Department of Energy has approved loan guarantees for two solar energy projects:
One deal, a $737 million loan guarantee for Solar Reserve LLC, paves the way for construction of the 110-megawatt Crescent Dunes Solar Energy facility, which will use an array of mirrors to focus the sun's heat and power a steam generator.Read more
The Washington Post reports that the stimulus-backed Department of Energy loan guarantee program, which financed green energy companies like the failed solar energy start-up Solyndra and three projects for the Abengoa corporation, has created far fewer jobs than the Obama administration projected:Read more
Eight years ago, Rep. Devin Nunes, R-Calif., was wrestling with the fact that America did not have a comprehensive energy policy.
“Sputnik” was not the only nostalgic moment in the State of the Union address. When President Obama called on Congress to “invest” in “clean energy breakthroughs” that would “translate into clean energy jobs,” he echoed every president since Nixon. In fact, President Obama himself made the same arguments two years ago, when he signed the stimulus bill.Read more
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