According to 1Block Off The Grid, U.S. taxpayers have contributed over $500 each towards fossil fuel subsidies in the past 5 years, compared to just over $7 for solar power. Subsidies do not come out of thin air; they are the result of indirect taxation or tax breaks that see less revenue coming into government coffers. Ultimately, the cost is borne by the taxpayer and the consumer.
1Block Off The Grid states that if solar power received the same financial support as fossil fuel in the U.S., solar energy would be cheaper than fossil fuel generated electricity across the nation.
The Cheap Energy Era That Wasn’t, Renewable Energy news, 25 Nov 10, Fossil fuels – not so cheap As the era of “cheap” energy courtesy of fossil fuels draws to a close; it’s becoming increasingly apparent it never really existed. Our addiction to fossil fuels appears to have been a case of “easy credit” – where you get the goods immediately, but the paying is always hard and long and the full costs not always apparent at the point of sale. Read more »
Meanwhile, Erin Noble with the Missouri Coalition for the Environment said that wind and solar energy would be better investments than nuclear power.
“Both of which [are] dramatically cheaper than nuclear and don’t have the nuclear waste issue, and can be actually implemented today and put Missourians to work today,” Noble said.
Critics oppose deal to pursue new nuclear reactor in Missouri. KWMU. Marshall Griffin, St. Louis Public Radio (2010-11-22) A deal announced last week to pursue a second nuclear power plant in Missouri is beginning to draw criticism. Read more »
Britain today pledged to spend several hundred million pounds to finance a series of private sector green energy initiatives intended to bring electricity to some of the poorest African and Asian households….In Asia the project could generate 5GW of new renewable energy and create 60,000 jobs,”
Government to fund private sector renewable energy schemes for Africa Global development | guardian.co.uk, 18 Nov 10, The international development secretary, Andrew Mitchell, pledges to finance green energy projects proposed by industry that could raise £9 for every £1 of government money guardian.co.uk, 18 November 2010 Read more »
Research and development is needed to prepare the electric grid for the coming onslaught of new solar and wind power, in much the way farmers must prepare the ground before sowing a crop, (picture below from Repower America)
Report: Electric Grid R&D Must Parallel Expansion of Renewable Power, NYTimes.com, By JENNY MANDEL November 16, 2010 tThe Energy Department should expand its research on energy storage, long-distance electricity transmission and short-term weather forecasting in order tosupport the growing use of renewable energy, the American Physical Society says in a report released today. Read more »
- enhancing energy security
- reducing greenhouse gas emissions and mitigating climate change
- alleviating energy poverty
- supporting sustainable development, and
- boosting economic growth.
IRENA – Building a New Energy Agency RenewablesNovember 15, 2010 by Anja Atkinson On the 24th and 25th October, the International Renewable Energy Agency held it’s fourth session of the Preparatory Commission in Abu Dhabi. All together 300 delegates attended from more than 100 countries. Read more »
VIDEO Sky News: Completely green city being built in UAE Completely green city being built in UAE, Sky News, 15 Nov 10, The United Arab Emirates is on track to produce a completely new – and rather unexpected source of future revenue – in the oil-rich country.Masdar City is being built 17 kilometers from Abu Dhabi, and is the world’s first completely green city.As Abu Dhabi’s government-backed renewable energy company established in 2006, Masdar is also known as the Abu Dhabi Future Energy Company.It aims to advance the development, commercialisation and deployment of renewable energy solutions and clean technologies.Masdar City is powered by renewable energy and its buildings are covered in solar panels.It aims to have a zero carbon and zero waste environment.The project will be completed between 2020 and 2025.Sky News: Completely green city being built in UAE
the solar energy sector has created 17,000 jobs since 2009, and supports roughly 46,000 related jobs in the U.S. Employment in solar is expected to surpass 60,000 jobs by the end of 2010.
“Californians get it,” said Rooney. “California continues to lead the way on a critical national policy debate by rejecting the Prop. 23 notion that clean energy means fewer jobs.
CALIFORNIA VOTERS REJECT PROP 23 AND SEND MESSAGE: “RENEWABLE ENERGY IS HERE TO STAY”altenergy.com Solar Industry Leader Says Validation of AB32 Cements Foundation for Continued Investment and Job Creation in America’s Largest Renewable Power Market NOVATO, CA—November 3, 2010 Read more »
the administration received dozens of applications, but then made little progress in getting them processed. So far, less than 3 percent of the money set aside for [renewable energy] loan guarantees has actually been formally assign…….
Obama Talks Big About Clean Energy While Cash Stripped From Key Program Internal Memo Advises President Obama to Fix Program or Scrap It ABC News By MATTHEW MOSK and TIM FLEMING. Nov. 3, 2010 While President Obama has touted his deep commitment to a clean energy industry, the administration has quietly drained more than half of the $6 billion allocated to a key renewable energy program Read more »
you won’t see a nuclear power plant in or around Singapore for at least something in the order of 10 to 20 years or even longer than that…Another option being explored by Singapore is solar power, which has become more cost effective over the years.
Nuclear power plant in S’pore not likely for next 10-20 years expert – Channel NewsAsia, By Joanne Chan : 02 November 2010 , SINGAPORE : Singapore is unlikely to have a nuclear power plant for at least the next 10 to 20 years, said one advisor to the local energy sector. Read more »
“Many developmental agencies consider small-scale RE projects as the most feasible solution for accelerated rural electrification and therefore are increasingly investing in medium-sized projects, especially wind and solar projects.”
South Africa’s Renewable Energy Gold Rush Renewable Energy news, by Energy Matters, 2 Nov 10, Renewable Energy in South AfricaSub-Saharan Africa is likely to become the new boom region for global renewable energy investment, according to a new international study. Read more »
“Every solar energy plant and every biomass plant undermines the power of the four big energy companies and with that weakens their standing in society. After a loss of 16 percent of the traditional companies’ market share, the democratization of the energy business had to be stopped. So down with the funding for solar energy and up with the lifespans of nuclear plants seems to be the government’s thinking.”
Die Tageszeitung 30 Oct 10, :”The Christian Democrats once have again a distinct profile: The extension of the lifespan of nuclear plants is pure conservatism Read more »
Calif. Gov. Schwarzenegger Celebrates First-of-Its-Kind Renewable Energy Facility Groundbreaking, California Newswire, Edited by Valerie Gotten , 27 Oct 2010 SACRAMENTO, Governor Arnold Schwarzenegger today celebrated the groundbreaking of BrightSource Energy’s Ivanpah Solar Electric Generating System in Ivanpah, California. Read more »
US Voters Warm Up to Renewable Energy Ecoinstitution, October 26, 2010 by z1nemo “…..It looks like elections this year will hold good news for renewable energy. In a recent poll of voters conducted by Public Policy Polling for the NRDC Action Fund it was found that the majority of voters were in support of an energy bill with strong ties to renewable sources. Read more »
10,000 villages to get power from renewable energy sources, The Hindu :Sujay Mehdudia, 27 oct 10, Union Minister for New and Renewable Energy Farooq Abdullah on Tuesday announced that 10,000 remote villages across the country would be electrified with renewable sources by March 2012 under an innovative initiative that will also generate employment.
“We will provide electricity to 10,000 villages at a cost of Rs. 500 crore by the end of the current plan period,” Dr. Abdullah said, while addressing a press conference to mark the start of the Delhi International Renewable Energy Conference (DIREC) here……… The Hindu : News / National : 10,000 villages to get power from renewable energy sources
Long queue for slice of renewable energy cake Business Report October 26, 2010By INGI SALGADO tSouth Africa’s decision more than a decade ago to introduce private sector investment in electricity generation soon highlighted the uncomfortable truth that the country’s low pricing regime would not encourage this outcome.
By comparison, the response this month to the Department of Energy’s call for expressions of interest by the private sector in renewable energy and cogeneration projects has been extremely keen – even though developers were given only a week to compile their submissions.
Interest for projects offering about 20 000 megawatts of generating capacity has been registered, says Ompi Aphane, the deputy director-general for electricity, nuclear and clean energy. A cursory analysis shows the bulk are wind projects, but solar has made a very strong showing….
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