U.S. solar power is poised to grow 12% this year, but so far Virginia hasn't been a big part of the boom. That could change as Virginia's cities and counties band together to find ways to implement renewable power and meet their clean energy goals.
WRI’s Letha Tawney named first-ever Polsky Chair for Renewable Energy
In the U.S. heartland, where retail electricity costs less than the national average, investing in renewable energy can guard against fossil fuel price volatility and save customers money.
Nearly 400 people gathered in New York City last week for Courage to Lead, WRI’s biennial award and fundraising event. The luncheon raised almost $700,000 in unrestricted funding and honored two business leaders, WRI Board chairman Jim Harmon and Citi Foundation president Pamela Flaherty.
But we don’t host this event just to raise money. We see it as a way to bring together leaders from business, government, and philanthropy; explore innovative solutions; and inspire our hundreds of attendees.
If passed, the American Power Act (APA) would require companies to hold permits to emit GHGs for all emissions from facilities emitting more than 25,000 tons of carbon dioxide (CO2) or equivalent greenhouse gas. Most large U.S. chemical facilities would meet this threshold.
Energy efficiency is significantly cheaper than producing electricity with new power plants (see chart) and offers additional economic and environmental benefits.