At a time of record low renewable energy power purchase agreements in the U.S.—as projects compete for buyers before federal subsidies expire—corporate buyers could bring real benefits to other energy customers.
Australia’s just-announced plan for tackling climate change over the next decade proposes to cut emissions 26-28 percent from 2005 levels by 2030.
Until now, community solar has largely benefited residential and small non-residential customers in a specific community. Yet there are other stakeholders who also want to get into the shared renewable space—large corporate buyers.
As a former U.S. energy secretary, UN ambassador and governor of New Mexico, WRI Board Member Bill Richardson has watched the debate over the Clean Power Plan with keen interest. Here he explains how this common-sense rule to cut dangerous air pollution can help U.S. states and the national economy, while putting the United States in a leadership position in dealing with the international issue of climate change.
Hawaii made waves with its recent announcement to use 100 percent renewable energy by 2045, but it’s hardly the only island making big commitments to clean power.
In one of the least aggressive climate action plans of any developed country to date, Japan announced its commitment to reduce its emissions 26 percent below 2013 levels by 2030.
China will need investments in the order of $330 billion (RMB 2 trillion) a year from 2015-2030 to overcome its environmental challenges. Tapping the private sector can help scale up the country's green finance.
WASHINGTON//LONDON (July 6, 2015)– A new report released by the Global Commission on the Economy and Climate identifies ten key economic opportunities that could close up to 96 percent of the gap between business-as-usual emissions and the level needed to limit dangerous climate change. The report calls for stronger cooperation between governments, businesses, investors, cities and communities to drive economic growth in the emerging low-carbon economy.
The joint statement goes beyond research and development and embraces an unprecedented accord on climate targets, where both countries committed to increase their share of renewables by 20 percent by 2030.
The world’s largest emitter plans to peak its emissions around 2030 and increase its share of non-fossil fuels in energy consumption to around 20 percent by the same year. The country's new climate plan also builds on these commitments with additional announcements on carbon intensity, forests, adaptation and more.