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News & Updates

May 26, 2012 Goldman Sachs to Pump $40bn into Clean Energy

Source: Environmental Leader

Goldman Sachs Group plans to invest $40 billion over the next 10 years into renewable energy, an area where the bank expects demand to grow as the global appetite for energy increases and major manufacturing countries like China...

May 25, 2012 Analysis: Shale energy boom dangles prospect of leap in economic growth

Source: CNBC

WASHINGTON - America's reliance on fuel imports has sucked vigor from its economy for decades. Now an oil and natural gas boom holds out the prospect for a new era of stronger U.S. economic growth. Vast reserves of natural gas...

May 25, 2012 Obama urges Congress to extend clean-energy tax credits

Source: LA Times

The president says continuing the production tax credit and an investment tax credit would save 37,000 jobs that otherwise would be at risk.

May 25, 2012 European Fracking Bans Open Market for U.S. Gas Exports

Source: BusinessWeek

Opposition to a drilling technique known as hydraulic fracturing has slowed the development of natural gas in Europe, creating export opportunities for U.S. producers hurt by low prices and a glut of gas at home.

May 25, 2012 Utility Says It Underestimated Radiation Released in Japan

Source: NY Times

TOKYO — The amount of radioactive materials released in the first days of the Fukushima nuclear disaster was almost two and a half times the initial estimate by Japanese safety regulators, the operator of the crippled plant said...

May 25, 2012 Expert on Nuclear Waste Is Named to Lead Regulators

Source: NY Times

WASHINGTON — President Obama on Thursday nominated Allison M. Macfarlane, a professor of environmental science at George Mason University, to serve as chairwoman of the Nuclear Regulatory Commission.

May 25, 2012 Utility regulators more than double California's solar power goal

Source: LA Times

The state Public Utilities Commission raises the maximum total capacity for all rooftop solar systems in an electric bill-slashing program to about 5,200 megawatts from 2,400 megawatts.

May 24, 2012 China rules US clean energy support improper

Source: Boston.com

BEIJING—China's Commerce Ministry issued a ruling Thursday that U.S. government support for six renewable energy projects violated free-trade rules, the latest volley in a widening conflict over clean power.

May 24, 2012 Germany puts deeper carbon cut back on EU agenda

Source: Reuters

BRUSSELS - Germany has asked for discussion on deeper EU carbon emissions cuts to be put on the agenda at a meeting of environment ministers in June, EU sources said. If agreed, a more ambitious target could help to spur the...

May 24, 2012 Fracking Boom Seen Slow to Develop in New York, Regulator Says

Source: BusinessWeek

A decision to permit hydraulic fracturing for natural gas in New York state will trigger a cool response from drillers, the state’s environmental regulator said.

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