CLIMATE CHANGE IMPACT: Agricultural shocks, Natural disasters and Spread of diseases could push more than 100 million additional people into poverty by 2030

The report, Shock Waves: Managing the Impacts of Climate Change on Poverty, finds that poor people are already at high risk from climate-related shocks, including crop failures from reduced rainfall, spikes in food prices after extreme weather events, and increased incidence of diseases after heat waves and floods. It says such shocks could wipe out hard-won gains, leading to irreversible losses, driving people back into poverty, particularly in Africa and South Asia. “This report sends a clear message that ending poverty will not be possible unless we take strong action to reduce the threat of climate change on poor people and dramatically reduce harmful emissions,” World Bank Group President Jim Yong Kim said today in a press release.
“Climate change hits the poorest the hardest, and our challenge now is to protect tens of millions of people from falling into extreme poverty because of a changing climate,” the World Bank chief explains. Efforts to end poverty, the linchpin of the 17 new Sustainable Development Goals (SDGs) adopted by the United Nations in September, could be derailed if the impacts of climate change on poor and vulnerable people and communities not effectively addressed.According to the report, the poorest people are more exposed than the average population to climate- related shocks such as floods, droughts, and heatwaves, and they lose much more of their wealth when they are hit. In the 52 countries where data was available, 85 per cent of the population lives in countries where poor people are more exposed to drought than the average. Poor people are also more exposed to higher temperatures and live in countries where food production is expected to decrease because of climate change. Released less than a month before negotiators gather in Paris for the 21st Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC), known as COP 21, the report shows how ending poverty and fighting climate change can be more effectively achieved if addressed together. The impact of climate change on food prices in Africa could be as high as 12 per cent in 2030 and 70 percent by 2080 – a crippling blow to those nations where food consumption of the poorest households amounts to over 60 per cent of total spending. In focusing on impacts through agriculture, natural disasters and health, the report calls for development efforts that improve the resilience of poor people, such as strengthening social safety nets and universal health coverage, along with climate-specific measures to help cope with a changing climate, such as upgraded flood defenses, early warning systems and climate-resistant crops. At the same time, the report says an all-out push to reduce greenhouse gas emissions is needed to remove the long-term threat that climate change poses for poverty reduction. Such mitigation efforts should be designed to ensure that they do not burden the poor. For example, the savings from eliminating fossil fuel subsidies could be reinvested in assistance schemes to help poor families cope with higher fuel costs. In poor countries, support from the international community will be essential to accomplish many of these measures, according to the report. This is particularly true for investments with high upfront costs – such as urban transport or resilient energy infrastructure – that are critical to prevent lock-ins into carbon-intensive patterns. “The future is not set in stone,” said Stephane Hallegatte, a senior economist at the World Bank who led the team that prepared the report. “We have a window of opportunity to achieve our poverty objectives in the face of climate change, provided we make wise policy choices now.”

NEW YORK: Green Climate Fund approves first eight investments to combat climate change

The eight projects approved are:
1. Building Resilience of Wetlands in the Province of Datem del Marañón in Peru, with Profananpe
(GCF funding: USD 6.2 million)
2. Scaling Up the Use of Modernized Climate Information and Early Warning Systems in Malawi,
with UNDP (GCF funding: USD 12.3 million)
3. Increasing the Resilience of Ecosystems and Communities through the Restoration of the
Productive Bases of Salinized Lands, in Senegal, with CSE (GCF funding: USD 7.6 million)
4. Climate Resilient Infrastructure Mainstreaming in Bangladesh, with KfW (GCF funding: USD 40
million)
5. KawiSafi Ventures Fund in Eastern Africa, with Acumen (GCF funding: USD 25 million)
6. Energy Efficiency Green Bond in Latin America and the Caribbean, with IDB (GCF allocation: USD 217
million)
7. Supporting Vulnerable Communities to Manage Climate Change Induced Water Shortages, in
Maldives, with UNDP (GCF funding: 23.6 million)
8. Urban Water Supply and Wastewater Management in Fiji, with ADB (GCF funding: USD 31 million).   Meeting ahead of the United Nations climate conference in Paris, the Green Climate Fund (GCF) Board, announced on Nov 6, 2015 that it approved $168 million of its funding for projects and programmes worth $624 million, marking the end of its launch phase and kick-starting the flow of climate finance to developing countries. In a press release, the Fund’s Board, which has been meeting in Zambia this week, said these new activities will generate up to $1.3 billion in investments over the coming five years. It noted that this initial batch of projects cover mitigation and adaptation measures; three of them are located in Africa, three are in Asia-Pacific, and two in Latin America.“Approving these first projects is an important milestone, particularly for GCF’s partnering entities and beneficiaries,” said Gabriel Quijandria Acosta, Co-Chair of the Board. “This first review of projects has been an enriching experience for the Board. It has allowed us to reflect on the areas that need to be further enhanced to speed up support to countries that are already experiencing the devastating impacts of climate change.”
With climate finance being a critical element of global climate talks taking place in Paris at the COP21 in less than four weeks, the GCF is highlighting that the approval of the first project proposals marks a “major trust-building measure between developing and developed countries.” Countries reportedly have called for GCF funding to be delivered at scale to finance their national climate targets (INDCs).“We have come a long way to build the Green Climate Fund capacity completely from scratch over the last two years,” said Héla Cheikhrouhou, Executive Director of the Fund.“I am delighted that we have reached all of the objectives set by the Board for this year, culminating in approving the first full funding applications,” she explained. “There are many more projects under development in GCF’s pipeline, and we are at last starting to deliver on our mission to advance the global response to climate change.” . The Green Climate Fund, which was set up by 194 governments party to the UN Framework Convention on Climate Change (UNFCCC), was given the mandate to help keep the planet’s atmospheric temperature rise below 2 degrees Celsius. The Fund received pledges of approximately USD 10 billion equivalent in 2014, of
which more than half have been signed into contribution agreements. It has now started to invest its resources to support developing countries' transition to climate-resilient and low-emission development, enabling the achievement of the United Nations Sustainable Development Goals (SDGs).
Full details of the approved projects can be found on the Fund’s new website, www.greenclimate.fund. The implementing entities responsible for partnering with the Green Climate Fund to implement the above projects and programmes are as follows (geographic scope in parentheses):
Peruvian Trust Fund for National Parks and Protected Areas, PROFONANPE (Peru)
United Nations Development Programme, UNDP (International)
Centre de Suivi Ecologique, CSE (Senegal)
Kreditanstalt für Wiederaufbau, KfW (International)
Acumen Fund, Inc., Acumen (Regional)
Inter-American Development Bank, IDB (International)
Asian Development Bank, ADB (International)

Sources:
http://www.un.org/apps/news/story.asp?NewsID=52485#.VkEy-X3eums
 http://www.greenclimate.fund/documents/20182/38417/Green_Climate_Fund_approves_first_8_investments.pdf/679227c6-c037-4b50-9636-fec1cd7e8588

Brazil pledges to reduce greenhouse gas emissions ahead of Paris agreement

STOCKHOLM –  Brazil has pledged to reduce its greenhouse gas emissions by 37 percent by 2025 from 2005 levels as part of its contribution to a pact to fight global warming.

President Dilma Rousseff announced Brazil's targets for a landmark agreement on climate change in an address to the U.N. in New York on Sunday.
In addition to its 2025 commitment, Rousseff said Brazil has an "ambition" of achieving 43 percent emissions reductions by 2030.
Brazil intends to reach those goals by boosting renewable energy sources including solar, wind and biomass and continuing to reduce deforestation in the Amazon region.
The World Resources Institute, an environmental think tank, says Brazil's emissions fell about 36 percent between 2005 and 2011 primarily due to efforts to reduce deforestation, a major emissions source in Brazil.

Published September 27, 2015

Associated Press

JAPAN OCEAN ENERGY: Taking advantage of remote islands surrounded by large areas of ocean

Goto City has developed an extensive renewable energy plan, with a mission of “Islands of Energy – Energizing the town by producing energy.” By maximizing its natural resources, it is planning to cover 132.4 percent of its total energy needs (oil, gas and electricity) with renewable energy by 2030. “With the population decline and aging, we fear to become a disappearing community,” Kazuyuki Kitagawa, a spokesperson for the Goto City Renewable Energy Promotion Department, said. “Exceeding our energy self-sufficiency level is not our ultimate goal. It is one of the solutions to stimulate our local economy by creating local employment and industry for years to come. We are aiming at locally producing and exporting renewable energy.” In 2012, renewable energy provided 4.4 percent of the city’s total energy consumption, producing 97,189 gigajoules (Gj) per year, the equivalent of 27 GWh per year. Of 27 GWh, 88.5 percent was provided mostly by onshore wind power. “By taking advantage of our remote islands surrounded by large areas of ocean, we will put priorities on developing ocean energy,” Kitagawa said.

 

Read Source: Japan: Goto City Aims to Become ‘Islands of Energy’ by Harnessing Offshore Wind

September 30, 2015

By Junko Movellan, Correspondent
 http://www.renewableenergyworld.com/articles/2015/09/japan-goto-city-aims-to-become-islands-of-energy-by-harnessing-offshore-wind.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+WindPowerrssFeed+%28REW+Wind+Power%C2%A0RSS+Feed%29

PEACE VIGIL 2015: UN Headlines (as of Sept 2-6) click link to read full articles

6 September 2015

In telephone calls on migration crisis, Ban urges European leaders to 'be voice of those in need of protection'

---

5 September 2015

UN hails decision by Austria and Germany to take in thousands of migrants and refugees at Hungary border
On International Day, Ban calls on people everywhere to act charitably in the face of human suffering

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4 September 2015

INTERVIEW: Global Goals give 'epic opportunity' to the world – Richard Curtis
‘We are making progress’ on Libya political agreement, UN envoy reports
DR Congo humanitarian crisis must not ‘fall off’ world’s radar – UN deputy relief chief
UN chief appoints Zimbabwe national as Assistant Secretary-General for Safety and Security
Ban appoints Pakistan national as Force Commander of UN Western Sahara mission
Top musicians release ‘love song’ to Earth to inspire action at UN climate conference
Celebrities join UNICEF and Global Goals to launch ‘World’s Largest Lesson’ on sustainable development
Ban, Security Council condemn terrorist attack on Yemeni mosque that leaves more than 30 dead
UN humanitarian air service in dire need of funds to continue life-saving work in Sudan – UN agency
Citing marginal gains, UN human rights chief warns Central African Republic still ‘gripped by fear’
Yemen: UN emergency fund releases $15 million for critical aid operations
G20 nations weighed down by weak economic growth and lack of decent jobs – UN backed report
UN urges Europe to admit 200,000 refugees from Syria, Iraq and other war zones
Ukraine: UN agencies call for urgent action to stop spread of polio virus

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3 September 2015

Guatemala: following President’s resignation, Ban calls for peaceful elections
Liberia again declared free of Ebola transmission as number of cases remains stable in wider West Africa
‘Shock must be matched by action,’ UNICEF chief says as Europe’s refugee and migrant crisis deepens
India teams up with UN-backed alliance to accelerate financial inclusion for all
Spotlighting sustainable development, ‘Global Goals’ campaign launched at UN
In Beijing, UN chief urges China to help build momentum ahead of Paris climate change conference
UNESCO chief condemns killing of Philippine journalist, calls for inquiry
Civilians in Syria suffering ‘a living tragedy’ with no end in sight, UN human rights expert warns
Amid ongoing crisis largely ignored by world, Myanmar floods deal major blow to agriculture – UN agency
Conflict keeps millions of children out of school in Middle East and North Africa, warns new UNICEF report
Yemen: UN calls for unimpeded access to people in need as fighting intensifies in southwestern region
UN human rights chief deplores new allegation of sexual abuse in CAR

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2 September 2015

Backing UN ‘Agenda 2030,’ parliamentary leaders pledge to place democracy at service of sustainable development
UN envoy hails opening of ICC trial against Congolese rebel leader as ‘victory for survivors’
At UN Headquarters, commemorative plaque joins ‘Tree of Peace and Unity’ marking end of World War II
UN agency and MasterCard join forces to support refugees and small-scale farmers
Security Council adjusts Liberia sanctions; ends travel ban, keeps arms embargo in place
Top UN relief official in Yemen condemns ‘despicable’ killing of two Red Cross workers
Baghdad had highest level of civilian casualties in August – UN Iraq mission reports
In Syria, UN agency discovers nine new suspected cases of typhoid near Yarmouk camp
First-ever UN-backed summit opens to harnesses global momentum to eliminate viral hepatitis
‘Tangible’ results on Libyan political agreement – UN envoy
Somalia: Security Council strongly condemns Al Shabaab attack on African Union base

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http://www.un.org/apps/news/latest-headlines.asp

CARBON CREDIT NEWS & UPDATES: clink link to read full articles

Top News Stories - 8/30/2015

Exelon mulls closure of unprofitable Quad Cities nuke plant - seattlepi.com
(14 Additional Articles)

... this year's capacity auction, so it must operate until at least 2019. The Illinois Environmental Protection Agency is studying the federal rule, including whether to establish a carbon trading program, said Jim Ross, manager of the agency's air pollution control division. That could benefit nuclear power because plants that pollute would have to buy credits if they wanted to continue ...

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Cap and trade: Is California a leader or a loner? - VC-Star

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Breaking the Ice: Obama Seeks to Cement Climate Change Legacy - NBC News
(2 Additional Articles)

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Are You Tired of Hearing About Climate Change? | Stirring the Pot

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Arkansas had key role in California's cap and trade program - VC-Star



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Top News Stories - 8/29/2015

Nunavut's food crisis is becoming an election issue - Home | Day 6 | CBC Radio

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The Sierra Club has become a front group for its donors' financial interests (OPINION) | OregonLive.com

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VPO Press Release - Carbon Tax Bill Introduced Into Assembly
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... , Aug. 28, 2015 /PRNewswire-USNewswire/ -- The following is being released by Network for Sustainable Financial Markets. Assembly members Kevin Cahill and Barbara Lifton introduced a carbon tax bill into the Assembly this week. The bill would tax carbon emissions with the ultimate goal of reducing carbon dioxide emissions in New York State . This is an ambitious effort that starts a ...

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What We Can Learn From Californias Failed Green Jobs Plan

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Clean Power Plan to bring changes to US power sector - International Law Office

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Top News Stories - 8/28/2015

Do Carbon Offsets Actually Increase Emissions? · Environmental Leader · Environmental Management News

... A study released by the Stockholm Environmental Institute (SEI) has revealed serious issues with the environmental integrity of carbon credit issued under Joint Implementation (JI). According to the review , about three-quarters of the carbon credits issued under JI may have actually increased emissions by about 600 million metric tons. JI enables countries with emission reduction commitments ...

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Why carbon taxes aren't a silver bullet for climate change | GreenBiz



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China to include automakers, paper mills in national carbon market: Media - The Economic Times

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Carbon Tax Bill Introduced Into Assembly -- NEW PALTZ, N.Y., Aug. 28, 2015 /PRNewswire-USNewswire/ --
(2 Additional Articles)
... , Aug. 28, 2015 /PRNewswire-USNewswire/ -- The following is being released by Network for Sustainable Financial Markets. Assembly members Kevin Cahill and Barbara Lifton introduced a carbon tax bill into the Assembly this week. The bill would tax carbon emissions with the ultimate goal of reducing carbon dioxide emissions in New York State . This is an ambitious effort that starts a ...

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Mulcair mum on cap-and-trade cost | EDITORIAL | Editorial | Opinion | Toronto Su

... was raise electricity and other consumer prices across Europe, while its impact on emissions has been insignificant. That’s in part because the market is overrun with fraudulent carbon credits, for which no actual reduction in greenhouse gas emissions occurred. To be sure, Mulcair isn’t the only Canadian political leader to propose cap-and-trade. Aside from Layton, former ...

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Top News Stories - 8/27/2015

On carbon, credit all leaders for failing us | Sudbury Star
(77 Additional Articles)
... 19. REUTERS/Mark Blinch Regardless of which party wins the Oct. 19 federal election, Canadians can look forward to being ripped off for billions of dollars in the international carbon trading market. Carbon trading is intrinsic to both NDP Leader Tom Mulcair's and Liberal Leader Justin Trudeau's carbon pricing plans, since both would use cap-and-trade schemes, supposedly to reduce ...

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Do Carbon Offsets Actually Increase Emissions? · Environmental Leader · Environmental Management News

... A study released by the Stockholm Environmental Institute (SEI) has revealed serious issues with the environmental integrity of carbon credit issued under Joint Implementation (JI). According to the review , about three-quarters of the carbon credits issued under JI may have actually increased emissions by about 600 million metric tons. JI enables countries with emission reduction commitments ...

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The Climate Post: Recent Studies Provide Examples of Emissions Trading Successes, Failures | Tim Profeta

... Economics Program at Duke University's Nicholas Institute for Environmental Policy Solutions. A separate study in the journal Nature Climate Change found significant misuse of a key carbon offsetting scheme after several factories increased their production of industrial waste products--spiking emissions. It suggests that a loophole in the United Nation's carbon market may have led to "perver ...

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Report: Carbon Credits Under Kyoto Protocol Actually Increased Emissions

... projects and transfer them to other countries. Almost 872 million ERUs had been issued under JI as of March 2015, about a third of all Kyoto offset credits. In a nutshell, JIs are carbon credits and include things like reforestation projects. Perhaps government heads should read this recent report by the Stockholm Environment Institute (SEI), which found that the use of JI actually may ...

(440 words by triplepundit.com

Aboriginal community enters into world-first arrangement with mining companies Cockatoo Coal and BHP - ABC Rural (Australian Broadcasting Corporation)

... grant to get the partnerships necessary to deliver the environmental offsets... to look after some of the very unique species here." The offset arrangement is vastly different to the 'carbon credits' model but the minister said both arrangements were viable. "There was the opportunity for an entire carbon economy, which is not in it's mature form in this country yet... but when we look at the ...

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Top News Stories - 8/26/2015

California green failure a warning for states facing Clean Power Plan

... those options include: improving efficiency in coal-fired power plants; switching to natural gas, nuclear or renewables; implementing a regional cap-and-trade program; imposing a carbon tax, or mandating more stringent efficiency standards. Although the EPA does not explicitly tell the states which path to take, the feds are clearly pushing them to adopt its favored options. For ...

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Interview With UN Climate Change Report Author: "Avarice Has Overcome Fear" | Aiko Stevenson

... start doing this. I heard rumors that China has already started. But, you wouldn't actually know. It certainly wouldn't be announced." According to Broome, what we urgently need is a carbon tax. At present, anyone is allowed to pollute our "common" atmosphere for free. Instead, fossil fuel companies should be taxed for all the carbon that they take out of the ground. And, individuals ...

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Climate Change This Week: Wind Winds Up, Extinctions Explode, and More! | Mary Ellen Harte

... Ideas: Anchors Away: Largest US Naval Base Threatened by Rising Seas - the Norfolk Naval Base. Source research.archives.gov OO Virginia: Protect Norfolk From Drowning - Join Cap And Trade - via the Regional Greenhouse Gas Initiative, a successful multistate collaboration from Maine to Maryland, to voluntarily cut emissions. OO Glass Paint: Secret To Keeping Metal Roofs Cool On ...

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Carbon Offsets: Easing Guilt, Pumping Emissions, Aiding Scams - Investors.com

... F limflam: Carbon trading, carbon credits, carbon offsets, carbon markets words intended to appeal to Westerners' environmentalist soft spot. But as it turns out, they're just synonymous with the word "fraud." When politicians, celebrities and business leaders who preach the green life are called out for their excessive fossil fuel use how many private jets does it take to fill up the ...

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BHP says UN climate change conference will bring consensus

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Top News Stories - 8/25/2015

BBC World Service - Outside Source, Carbon credit scheme questioned

... Stockholm's Environment Institute says that a UN scheme designed to tackle climate change through the trading of carbon credits may have increased carbon emissions by 600 million tonnes. The BBC's environment correspondent Matt McGrath has been investigating. ( Picture: A heavy traffic jam is seen on the road at night in Beijing, China. Credit: ChinaFotoPress/Getty Images) ...

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Kyoto protocol's carbon credit scheme increased emissions by 600m tonnes' - 25 Aug 2015 - News from BusinessGreen
(2 Additional Articles)
... A key carbon offsetting scheme was so open to abuse that three quarters of its allowances lacked environmental integrity, a new report says. UN officials confirm the findings by the Stockholm Environment Institute that around 600 million tonnes of carbon were wrongly emitted as a result, under the UNFCCC's Joint Implementation (JI) scheme. An estimated 80 per cent of JI projects were of ...

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Reaching the Base of the Pyramid and cutting carbon in the process | GreenBiz

... buckle down to reduce carbon emissions and pass laws to stave off climate change, a new financing tool has emerged that could solve this logistical piece of the puzzle: income from carbon offset purchases. Jonathan Shopley, managing director of the Carbon Neutral Company, said he is excited about the possibilities. "In my experience, there are technologies that are incredibly relevant, ...

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How carbon credit scheme resulted in even more greenhouse gas emissions - CSMonitor.com

... The use of carbon credits - offsetting pollution from one source by preventing it at another - under the Kyoto climate treaty may have worsened climate change instead of reducing emissions of greenhouse gases, a new study indicates. The authors of the study say that offsets that were created under the United Nations' scheme significantly undermined the efforts to address climate change and ...

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Surpise: EU carbon credit scheme was used to generate cash with no carbon reductions « Hot Air

... The European carbon credit program, developed in conjunction with the United Nations, is working out just fabulously. Well it's at least working out fabulously for a few people. Similar to programs being developed here in the United States by climate warriors, it offers "flexibility" to various countries so it can be tailored to their individual needs. For example, if you are able to make big ...

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Top News Stories - 8/24/2015

NYC rooftops could host 4.7 GW of high-yield solar projects : TreeHugger

... Mapdwell delivers a near-instant visualization of what those different configurations would look like, in terms of the physical space on the roof, as well as metrics on the potential carbon offset of the solar array, the overall cost, and the system's payback period. The report can then be downloaded for further perusal, or forwarded to one or more of Mapdwell's "trusted local installers," ...

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Carbon credits undercut climate change actions says report - BBC News
(2 Additional Articles)

... Curbing fires in coal waste is one way of generating carbon credits The vast majority of carbon credits generated by Russia and Ukraine did not represent cuts in emissions, according to a new study. The authors say that offsets created under a UN scheme "significantly undermined" efforts to tackle climate change. The credits may have increased emissions by 600 million tonnes. In some ...

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N.W.T. premier questions federal parties on 7 territorial issues - North - CBC News

... said. "The big challenge is we are seeing climate change affecting us, yet we don't want to see a significant increase in our cost of living." McLeod won't say if he's in favour of a carbon tax, but he says he doesn't want to add another burden to the economy as it seeks to cap carbon emissions. The federal government, said McLeod, should make it attractive for places such as the ...

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Global Biomass Market Forecast - Assessment of Opportunities, Trends and Challenges 2014-2023 -- NEW YORK, Aug.24, 2015 /PRNewswire/ --
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... challenge for a number of utilities in entering countries with abundant feedstock availability. Going forward, the Clean Development Mechanism (CDM) program and availability of carbon credits for renewable energy projects will drive the growth of the biomass power market. In this industry scenario Taiyou Research analyzes the Global Biomass Industry. The report contains the following: ...

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Indigenous fire methods could slash global emissions: UN report

... to radically cut greenhouse gas emissions, according to United Nations research, which also challenges Prime Minister Tony Abbott's refusal to embrace the purchase of international carbon credits. Mr Abbott has previously said buying overseas offsets sends money "offshore into dodgy carbon farms in Equatorial Guinea and Kazakhstan". The government this month delayed considering the measure ...

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RENEWABLE ENERGY UPDATES AROUND THE WORLD: clink link to read from the source

The Future of California Utilities: AEE Convenes Stakeholders - Renewable Energy World

... What will be the 2050 business model for utilities in California that are being forced by the state to adopt massive renewable energy capacity? That was the basic question asked at a one-day conference held in Sacramento on Aug. 20 by Advanced Energy Economy (AEE), the national umbrella association for renewable energy organizations. Utility spokespeople roundly supported the concept of ...

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Aviation and Greenhouse Gas Reductions: A Role for Renewable Jet Fuels - Renewable Energy World

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Rwanda leases 22 small hydroelectric plants to private consortium - Renewable Energy World



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Obama Alaska trip aims for 'punctuation mark' on climate legacy | Reuters
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... deal later this year that could cement his legacy on the issue. The White House has said Obama will announce new policies to help communities adapt to climate change and deploy renewable energy. But the main purpose of his trip is to use the media attention on his tour - amplified by an aggressive social media campaign - to convince Americans to take action. "It's a really important ...

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Top News Stories - 8/30/2015

UGE International and Alpha Energy to Collaborate on Microgrid Projects - MarketWatch
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... BELLINGHAM, Wash., Aug 30, 2015 (BUSINESS WIRE) -- UGE International(UG) UGEIF, +7.30% a global leader in distributed renewable energy solutions for businesses, and Alpha Energy, an engineering procurement and construction firm, have entered into an agreement to work jointly on the development, installation, maintenance and financing of distributed generation projects. The collaboration will ...

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Brazilian Government Approved 11.26 GW Of Projects To Compete At Solar Auction | CleanTechnica

... Brazilian Government Approved 11.26 GW Of Projects To Compete At Solar Auction August 30th, 2015 by James Ayre Originally published on Solar Love . The current renewable energy auction (First Energy Reserve Auction), which took place yesterday, August 28, 2015, was a crowded one. It included the competition of more than 11.26 gigawatts (GW) of potential capacity, via 341 different ...

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California Achieves New Utility-Scale Solar Energy Generation Peak Of 6.391 GW | CleanTechnica

... respectively, as well as numerous new records set over the last month and a half. These new records follow a fairly rapid solar energy buildout in recent days, as part of the state's renewable energy growth goals. Note that these records just keep being set, and we reported on the August 2014 4.813 GW and October 2014 4.903 GW solar records. You can see how fast solar is growing in California! ...

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Exelon mulls closure of unprofitable Quad Cities nuke plant - Chicago Tribune
(17 Additional Articles)
... and hydroelectric dams. Exelon, which has said the three plants could be shuttered without the surcharge, stands to receive most of the money. The company says that's fair because renewable energy is receiving subsidies. "We are fully supportive of free market, but right now it's not really a free market," Hanley said. The company says it would promise to keep the plants open while the ...

(936 words by chicagotribune.com

Ming Yang Co-Founded Guangdong Renewable Energy Industry Fund

... Nuclear Power Group (HK:1816) and Shenzhen Energy Group Co. Ltd. ("Shenzhen Energy") (SZ:000027), to jointly invest in a fund management company, namely Guangdong Oriental Millennium Renewable Energy Industry Fund Management Co., Ltd. ("Oriental Millennium"). Ming Yang expects to make a limited partner capital commitment of up to RMB1 billion to the Guangdong Renewable Energy Industry Fund (the " ...

(1078 words by cnn.com

Top News Stories - 8/29/2015

Obama heads north to Alaska, where drilling decision looms large | Reuters
(3 Additional Articles)
... W. Bush was president - and said his administration set "the highest standards possible" for the drilling. The U.S. economy needs oil and gas until it makes the "transition" to renewable energy and should count on domestic fossil fuels rather than imports, he said. In Alaska, Obama will address an international arctic conference in Anchorage on Monday and meet with Alaska Governor Bill ...

(473 words by reuters.com

10 GW Solar Power Policy Launched In Gujarat | CleanTechnica

... at the end of the billing cycle shall be purchased by the concerned distribution company and this will benefit the distribution companies in that it will help them to fulfill their Renewable Energy Purchase Obligations (RPOs). Currently, Gujarat stands second, after Rajasthan, in terms of solar projects installation, with more than 1 GW of grid-connected solar projects. Don't own or lease ...

(422 words by cleantechnica.com

Toyota Invests In Future Engineers and Business Leaders by Providing First-Ever $75,000 Jesse... -- CHICAGO, Aug. 29, 2015 /PRNewswire/ --

... He has a current 3.97 GPA. Jared also conducted independent research at Princeton University . He has a natural love for science and wants to focus on sustainable infrastructure or renewable energy upon graduation. Kerrington Munson , a native of Orlando, Florida , is currently a business finance major at Morehouse College and wants to pursue a career in the field of wealth and asset ...

(1262 words by prnewswire.com

FPL continues to monitor for potential customer impacts that may arise... -- JUNO BEACH, Fla., Aug. 29, 2015 /PRNewswire/ --

... Most Admired Companies." NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. For more information, visit these websites: www.NextEraEnergy.com , www.FPL.com , www.NextEraEnergyResources.com . Logo - http://photos.prnewswire.com/prnh/20120301/FL6273 ...

(461 words by prnewswire.com

Union Coal and Power Minister Piyush Goyal confident of doubling power generation in 7 years - The Economic Times
(2 Additional Articles)
... from one trillion units to two trillion units," he said yesterday. "This will resolve the problem... that stranded plants (do face) and will help in consuming the large amount of renewable energy out of 17,500 megawatts we are setting up." He felt that the cost of generation and production should be cut down. "My concern is that the cost of generation and transmission must come down by ...

(211 words by indiatimes.com

Top News Stories - 8/28/2015

DOE Selects Two Biofuel Development Projects for Funding - Renewable Energy World



(274 words by renewableenergyworld.com

RPT-Hedge funds that crowded into same names likely to nurse losses | Reuters
(2 Additional Articles)
... who have seen their overweight positions in companies such as social media site Facebook, pharmaceutical company Valeant, internet retailer Netflix, carmaker Tesla Motors and renewable energy company SunEdison get pummeled in the last days. As a result, people who have money with David Einhorn's Greenlight Capital, Leon Cooperman's Omega Advisors, Chase Coleman's Tiger Global, Philippe ...

(813 words by reuters.com

As the need for power surges, are small - or big - dams the answer? | Reuters
(5 Additional Articles)
... rights to use the water." At present, about 160 countries worldwide use hydropower technology for power generation, according to Adnan Amin, director-general of the International Renewable Energy Agency. The power produced amounts to just under 16 percent of the world's total electricity generation, he said. In more than 50 countries, hydropower plants provide at least 50 percent of the ...

(987 words by reuters.com

New IEA boss faces world energy landscape in flux | Reuters
(3 Additional Articles)
... and over-emphasised the continued role of fossil fuel. "He is a very smart person. He knows the issue very well. But he is also very conservative," said Sven Teske, a senior renewable energy expert at Greenpeace, who was on the advisory board for the IEA's flagship publication, the World Energy Outlook. Birol's credentials as a long-term IEA staffer, who has won the loyalty of his ...

(494 words by reuters.com

RWE Innogy near 1.3 billion-pound UK Galloper wind park deal | Reuters

... look for growth in other markets, calling the Middle East an option. RWE has been in talks with the United Arab Emirates green energy firm Masdar for months about potential joint renewable energy projects, a source told Reuters in June, but Buenting poured cold water on speculation that any investor would be taking a stake in Innogy. "At the moment, we are only inviting partners on a ...

(373 words by reuters.com

Top News Stories - 8/27/2015

ORPC Ireland receives funding for marine hydrokinetic feasibility study - Renewable Energy World

... project is not immediately known, but a 2014 report released by the Ireland Wave Energy Association estimates Ireland has US$29 million in the 2013 to 2016 budget for its Ocean Renewable Energy Development Plan. Based in Maine, ORPC is an in-river, tidal and deep-water ocean current power generation systems and projects developer. In May 2015, ORPC established its Ireland division in ...

(467 words by renewableenergyworld.com

UK proposes end to small-scale renewable support next year | Reuters
(3 Additional Articles)
... a year by the 2020/21 tax year compared with a proposed budget of 7.6 billion. The so-called Feed-in-Tariff (FiT) scheme was introduced in 2010 to encourage the deployment of renewable energy. Under the scheme, households or businesses which install low-carbon energy sources such as solar panels or small wind turbines are paid for the electricity they generate and unused energy can be ...

(301 words by reuters.com

UPDATE 1-UK proposes end to small-scale renewable support next year | Agricultural Commodities | Reuters

... * Government launches consultation on feed-in-tariffs * Tariffs for new installations could end in Jan 2016 (Adds comment from renewable energy association in paragraphs 10 and 11; adds bullet points) By Nina Chestney LONDON, Aug 27 (Reuters) - The British government on Thursday proposed ending feed-in tariffs for new small-scale renewables installations next year, or cutting the ...

(270 words by reuters.com

UPDATE 1-UK proposes end to small-scale renewable support next year | Reuters

... * Government launches consultation on feed-in-tariffs * Tariffs for new installations could end in Jan 2016 (Adds comment from renewable energy association in paragraphs 10 and 11; adds bullet points) By Nina Chestney LONDON, Aug 27 (Reuters) - The British government on Thursday proposed ending feed-in tariffs for new small-scale renewables installations next year, or cutting the ...

(382 words by reuters.com

European Factors to Watch-Futures rise as Sept. U.S. rate rise seen less likely | Reuters

... hike delay supports > METALS-Copper gains as China stocks rally injects confidence > Brent climbs by over $1 on crude stock draw, U.S. economic data COMPANY NEWS: ABENGOA : The renewable energy firm is negotiating the entry of an Arab fund as a way of propping up its capital, Expansion reported. Separately El Economista reported that Citi and Merrill Lynch want the company to divest, ...

(698 words by reuters.com

Top News Stories - 8/26/2015

Top 10 Clean Energy Trends Driving the Global Clean Energy Revolution - Renewable Energy World



(115 words by renewableenergyworld.com

E.ON targets United States in solar push | Reuters
(5 Additional Articles)
... 95 percent of which is in wind power. Earlier this week, the United States announced fresh financial incentives for solar power development and use, expanding its push for greater renewable energy adoption in what is seen as a key initiative ahead of global climate talks in Paris in December. "If we want to achieve global climate targets then the U.S. has to take a key role and Obama is ...

(212 words by reuters.com

Hillary Clinton: More investments in rural U.S. will boost economy | Reuters
(2 Additional Articles)
... for the type of comprehensive immigration reform that would affect agricultural workers, according to a campaign fact sheet. Clinton would also promote the creation and use of renewable energy by assisting farms and ranches that conserve natural resources and launching a "clean energy challenge" for states and localities to meet her goal of having more than a half a billion solar panels ...

(384 words by reuters.com

Germany's E.ON banks on U.S. in renewables expansion | Reuters

... BERLIN Germany's E.ON plans to expand its solar and wind business in the United States, an executive said, as the utility strives to bolster its renewable energy operations ahead of a planned spin-off of its ailing fossil-fuel power plants. E.ON took markets by surprise last year when it announced it would split in two, spinning off its fossil-fuel-based power plants, energy trading unit and ...

(362 words by reuters.com

Washington D.C. regulators reject Exelon-Pepco power merger | Reuters

... "The proposed acquisition would have been a substantial step backwards in the District's efforts to move toward more sustainable electricity generation and greater reliance on local, renewable energy," said Power DC, a coalition of environmentalists and public advocacy groups. Pepco serves about 2 million customers in the District of Columbia, Delaware, Maryland and New Jersey. Exelon has ...

(536 words by reuters.com

Top News Stories - 8/25/2015

Agrivert Gets $150 Million to Finish U.K. Waste-to-Power Plants - Renewable Energy World



(199 words by renewableenergyworld.com

Washington D.C. regulators reject Exelon-Pepco power merger | Reuters
(2 Additional Articles)
... "The proposed acquisition would have been a substantial step backwards in the District's efforts to move toward more sustainable electricity generation and greater reliance on local, renewable energy," said Power DC, a coalition of environmentalists and public advocacy groups. Pepco serves about 2 million customers in the District of Columbia, Delaware, Maryland and New Jersey. Exelon has ...

(455 words by reuters.com

Obama aims to boost homeowner renewable energy use | Reuters
(3 Additional Articles)
... LAS VEGAS President Barack Obama on Monday expanded his push for greater renewable energy adoption, announcing fresh financial incentives for solar power development and use. The steps include an additional $1 billion in loan guarantees for new research projects and near-term savings for homeowners using renewable energy. Speaking at the National Clean Energy Summit in Las Vegas, Obama ...

(391 words by reuters.com

Obama calls out fossil fuel interests for fighting solar - Yahoo Finance
(45 Additional Articles)
... in the future." The president also questioned the ideological consistency of those who champion free-market solutions except when the free market is pointing to the wisdom of renewable energy. He singled out billionaire brothers Charles and David Koch, who are major donors to Republican political candidates. "It's one thing if you're consistent in being free market," Obama said. "It's ...

(812 words by yahoo.com

UPDATE 3-Obama aims to boost homeowner renewable energy use | Energy & Oil | Reuters

... (Adds details from speech) By Julia Edwards LAS VEGAS Aug 24 (Reuters) - President Barack Obama on Monday expanded his push for greater renewable energy adoption, announcing fresh financial incentives for solar power development and use. The steps include an additional $1 billion in loan guarantees for new research projects and near-term savings for homeowners using renewable energy. ...

(277 words by reuters.com