China Trys to Cork EU Solar Tariffs With Wine Probe
Doug Young China is quickly learning how to play the game of tit-for-tat trade wars, with news that Beijing has launched a new anti-dumping probe against wines imported from the European Union. Anyone who has followed recent China-EU trade relations will know, of course, that announcement of this new probe by the Commerce Ministry comes the same day that the EU formally announced anti-dumping tariffs against imported Chinese solar panels. While I certainly don’t condone this kind of trade war rhetoric, I have to say that China’s decision to target Europe’s wine industry looks like a very...
US Ethanol Industry Upset With 2019 Renewable Fuel Standard Proposal
The 2019 proposed US Renewable Fuel Standard proposed volumes attracted a major raspberry from the ethanol industry.
As the American Coalition for Ethanol noted:
“Unfortunately, EPA continues to take actions which undermine the letter and spirit of the statute and harm the rural economy. While refiners are reporting double-digit profits, the heart of America is being left behind. Farmers are losing money while refiners have the best of both worlds: fat profit margins and minimal RFS compliance costs. EPA needs to discard its refiner-win-at-all-costs mentality and get the RFS back on track.”
“While the proposed rule purports to maintain the 15-billion-gallon conventional...
Tariffs on Chinese Solar Are Bad for Us All
Garvin Jabusch Trade War photo via Bigstock The United States Department of Commerce Thursday, and of all things at the behest of a German-owned company, SolarWorld AG (SRWRF.PK), imposed extreme tariffs on China-made solar panels and modules of between 31% and 250%, making them much less affordable for U.S. consumers. Commerce took the additional extraordinary step of making the tariffs retroactive for 90 days to prevent U.S businesses and homeowners from getting a decent price on the basis that their local...
A Small New York Town Plans a Profitable, 100% Renewable Energy Future
A community choice program and a lack of natural gas are enabling Marbletown to achieve 100 percent renewable energy and tackle 100 percent renewable energy —while saving money.
by Tom Konrad, Ph.D., CFA
With advances in technology, the pathways to 100 percent renewable energy are becoming clear. As a result, the central challenge has become less about how to get there, and more about how to pay for it.
The town of Marbletown, in New York's Hudson River Valley, is finding that problem is solving itself.
Marbletown is a town of 5,500 people covering 55 square miles on the edges of the Catskills...
Election Does Not Spell Cleantech Doom
With the recent “shellacking” (as President Obama referred to the election results) of the Democratically controlled Congress, much of the buzz in the cleantech space has been doom and gloom. Is cleantech doomed to a new dark age? I do not believe so. Energy policy is one area where there is an overlap of goals between the parties. Members of both parties largely agree that energy is critical to our economic and national security. And most Republicans do not dismiss out of hand the risks of global warming. I suspect that energy policy will be...
Here comes the sun….not
Marc Gunther Germany, once the world’s leading market for solar power, is pulling back its subsidies. Q Cells (QCLSF.PK), once the world’s largest solar company, just went bankrupt. This isn’t happy news. If the country that birthed the Green Party cannot sustain its support for solar, what does that tell the rest of us? It should tell us that it’s time (actually way past time) to get serious about energy and climate policy. This week, as I followed the news from Germany, I talked with a couple of energy-policy experts who I respect–Jesse Jenkins of the...
Does Buying Green Stocks Do Any Good?
Tom Konrad CFA Volt owners are almost universally happy with their cars, despite the fact that very few will recoup the extra costs of the car in gas savings. Even though the financial savings are small compared to the large up front payment for the vehicle, the emotional payback more than compensates. As someone who helps people invest in green stocks, I can tell you from first hand experience that investor enthusiasm has everything to do with recent financial returns, and not much to do with the good we’re doing. In 2007, when practically any stock which could be...
Nature Conservancy Endorses Fossil Fuel Funded Trojan Horse
An article posted by ClimateLiabilityNews.org Hearing Glosses Over Carbon Tax Proposal’s Liability Waiver explains the ‘grand bargain’ being set forth in a proposal from the Climate Leadership Council. A Carbon Tax & Dividend plan is now being supported by big corporations, polluters and fossil fuel companies, which would seem to be a miraculous change in sentiment. But the fine print discloses that the deal includes a liability waiver exempting fossil fuels companies from federal & state climate tort lawsuits. The carbon tax is on the low end for “social cost of carbon” calculations, at $40/ton, so as a value...
How Economics Finally Brought Community Solar to IREA
by Joseph McCabe, PE My uber-conservative utility, Intermountain Rural Electric Association (IREA) has been against solar since before I moved into the service territory in 2007. IREA's long-serving general manager, Stanley Lewandowski Jr., would include climate change denial leaflets in the envelope along with the monthly electric bills. Now he is gone, and attitudes seem to be changing towards solar. With a new general manager, a couple of forward thinking board of directors and a handful of active IREA owners/members the solar landscape has changed and now includes a large solar project. Currently IREA...
President-Elect Trump: A Gift?
by John Fullerton Imagine if you can, Donald Trump has arrived as a gift, to illuminate for us the American “shadow” at this pivotal moment in history. The Swiss Psychiatrist C.G. Jung refers to “the shadow” as the dark side of one’s self. The shadow, Jung wrote in 1963, “is that hidden, repressed, for the most part inferior and guilt-laden” aspect of our personality hiding out in the unconscious. Failure to recognize our shadow leaves us exposed to the destructive possession by our disowned shadow. Are we prepared to see the message of the shadow, illuminating our ongoing...
Trump to Health, Education, Small Business, and the Environment: You’re Fired!
Jim Lane Good-bye ARPA-E, DOE, Loan Guarantee program, Energy Star, OPIC, USTDA, NEA, and the Advanced Technology Vehicle Manufacturing Program. Even Big Bird gets the guillotine. In Washington, the White House released its budget requests for 2018, a high-level, 62-page overview of President Trump’s strategy for “Making America Great Again”. Departmental impact In order of percentage impact, the departments are as follows. Defense: Up $52B or 8 percent Veterans Affairs: Up $4.4B or 6 percent Homeland Security: Up $2.8B or 7 percent Small Business Administration: Down $43M or 5 percent Health & Human Services: Down $15.1B...
US Crawls Closer to Energy Policy
by Debra Fiakas CFA Last week President Obama signed into law the Energy Efficiency Improvement Act of 2015. The law is intended to reduce energy requirements in commercial buildings, manufacturing facilities and residential structures. The law improves building codes, provides assistance to manufactures to achieve energy efficiency and paves the way for conservation activities by federal agencies. It is the closest thing the United States has to an energy policy…..so far. It took years to get this small piece of energy policy through Congress. Indeed, at one point in its convoluted travels through the House of...
EPA’s 2018 Renewable Fuel Targets Disappoint Producers
In Washington, the Environmental Protection Agency released its final Renewable Fuel Standard renewable volume obligations for 2018. The agency finalized a total renewable fuel volume of 19.29 billion gallons , of which 4.29 BG is advanced biofuel, including 288 million gallons of cellulosic biofuel.
As the Renewable Fuels Association explained: “That leaves a 15 BG requirement for conventional renewable fuels like corn ethanol, consistent with the levels envisioned by Congress in the 2007 Energy Independence and Security Act. The 2018 total RFS volume finalized today represents a minor increase (10 million gallons) over the 2017 standards, and a modest increase...
Shifting the Cost of Pollution
by Debra Fiakas CFA The U.S. Environmental Protection Agency has agreed to review the recently enacted MATS Rule - Mercury & Air Toxics Standards that went into effect at the end of 2011. At least two dozen states and forty utility companies have filed suit against the EPA over the rule, which is intended to cap mercury and other toxic emissions as well as particulates. The rules particularly impact power plants that use coal-fired boilers to generate electricity. The EPA provides an interactive map to see where these plants are located. They are predominantly in the eastern half...
What the ARRA Means for Clean Energy: One State’s Example
Last week, several branches of the Colorado state government organized a symposium on "How Colorado Electric/Gas Utilities and Their Customers Can Benefit from the American Recovery and Reinvestment Act (ARRA)." I attended, with an ear to how the likely implementation would affect Clean Energy Stocks. Overall, Colorado seems to be taking a very organized approach to a monumental task. According to Colorado Public Utilities Commission (PUC) Chairman Ron Binz, who officiated at the conference, they intend to organize proposals into an overall thematic plan for spending stimulus money. In addition, they are working to eliminate barriers to regulated utilities...
The Farm Bill: 5-Minute Guide to the Energy Title
Jim Lane Only 5 min BigStock Photo What’s in that Durn-tootin’ US Farm Bill, anyhow? For the harried taxpayer, some relief. For energy security and rural economic development, targeted investments that now head to the legislative floor. Here are the need-to-knows. In Washington, the House and Senate Agricultural committees have now passed their respective versions of the proposed 2013 farm bill, which would take effect for fiscal 2014 through fiscal 2018. Both bills have energy titles meaning that, should they find passage, as expected this summer,...
