By - Jim Vess

Energy a big focus for Virginia legislature which passes sweeping clean energy bill

Energize Weekly, February 26, 2020 The Virginia legislature, on a pair of razor-thin votes, has passed a sweeping energy bill that will bolster renewable generation, energy storage and efforts to set a carbon dioxide cap and trade program. While the Clean Economy Act was the most far-reaching and visible piece of energy legislation at the state legislature this session it

By - Jim Vess

Global carbon emissions flat in 2019 as the U.S. leads the way in CO2 cuts

Energize Weekly, February 19, 2020 Global carbon emissions slowed in 2019 after two years of growth as increases in developing nations were offset by a sharp drop in power sector emissions in developed countries led by the U.S., according to the International Energy Agency (IEA). The worldwide emissions of carbon dioxide in 2019 were 33 gigatons, a 1.3 percent drop

By - Jim Vess

New York Mayor de Blasio seeks to end the use of oil and gas in large buildings

Energize Weekly, February 12, 2020 New York City Mayor Bill de Blasio is taking aim at fossil fuels seeking to end the use of natural gas and oil in large buildings and banning the development of oil and gas infrastructure in the city. Other initiatives include switching the municipal feet to electric vehicles and increasing rooftop solar in the city.

By - Jim Vess

Evergy sets goal of 80 percent reduction in carbon emissions and an increase in wind power

Energize Weekly, February 12, 2020 Evergy Inc., which serves Kansas and Missouri, has set a goal of reducing its carbon emissions by 80 percent from 2005 levels by 2050 and announced plans to add 660 megawatts (MW) of wind power. The company said that it will reach a 40 percent reduction in emissions from the 2005 benchmark by 2020 and

By - Jim Vess

Last coal-fired plant in New York to close, New England plants not far behind, EIA says

Energize Weekly, February 12, 2020 New York State’s last coal-fired power plant is set to close as early as mid-March and coal-fired power is headed in the same direction in New England, according to the U.S. Energy Information Administration (EIA). “As many of the coal-fired power plants in New England and New York have either retired or switched fuels, the

By - Jim Vess

New York State pension plan looks at divesting from coal mining companies in its portfolio

Energize Weekly, February 5, 2020 The New York State Common Retirement Fund – the third largest public pension plan in the country – said it may divest from any of the 27 thermal coal companies in its portfolio which it deems are not taking steps to “transition to a sustainable business model.” “Investors who fail to face the risks and

By - Jim Vess

Climate change threatens profitability of investor-owned utilities, Moody’s says

Energize Weekly, January 29, 2020 From heat to humidity to severe storms investor-owned utilities across the U.S. will face particular regional climate change hazards, according to an analysis by Moody’s Investors Services. A utility in the Southeast, such as Duke Energy, could face risk from heavier storms, floods and storm surges that could threaten plant operations and coal ash piles.

By - Jim Vess

Wind turbine maker Vestas sets a goal of becoming carbon neutral by 2030

Energize Weekly, January 15, 2020 Vestas, the world’s top wind turbine manufacturer, has set a target of becoming carbon neutral in its operations by 2030 and to push for carbon reduction across its supply chain. Aarhus, Denmark-based Vestas said that it will reduce its carbon footprint by 55 percent by 2025 and 100 percent by 2030. The company said that

By - Jim Vess

Tri-State, facing economic, political pressures, moves to close its last two coal-fired plants

Energize Weekly, January 15, 2020 Under pressure from market forces, dissatisfied members and environmental policies, the Tri-State Generation and Transmission Association announced it will close the last two coal-fired plants it operates and move to add more renewable energy. Tri-State said that it will close its Escalante Station, in Prewitt, N.M., by the end of 2020, and two units at

By - Jim Vess

U.S. greenhouse gas emissions fell in 2019, but face a future bump from oil and gas

Energize Weekly, January 15, 2020 The burgeoning U.S. oil and gas and petrochemical sectors are set to add greenhouse gas emissions over the next five years – even as they decline for the power sector, according to two analysis of the country’s emissions. In 2019, U.S. greenhouse gas emissions fell 2.1 percent, a decline almost entirely due to a record

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