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Clean Energy Saw as Much Investment as Fossil Fuels for the First Time in 2022

Yale E360

Solar, wind, electric vehicles, and other clean energy technologies saw a record-high $1.1 trillion in investment globally last year, matching investment in fossil fuels for the first time ever, according to a new report from Bloomberg New Energy Finance. Read more on E360 →

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Grid Investments are Critical to Our Clean Energy Future

Union of Concerned Scientists

The simple fact is that ditching fossil fuels for low-cost clean energy resources is good for the planet, good for the US economy, and good for public health. The studies the DOE reviewed also found that transmission investments would provide a host of benefits beyond access to clean energy. The good news?

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Fossil Fuel Companies Make Billions in Profit as We Suffer Billions in Losses

Union of Concerned Scientists

The world’s biggest fossil fuel companies recently released their 2022 earnings reports, revealing record-breaking profits last year; just five companies–ExxonMobil, Shell, BP, Chevron, and TotalEnergies–reported a total of nearly $200 billion in profits. billion, respectively, during 2022. billion and $35.5

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States Can Plan Ahead for Clean Energy

Union of Concerned Scientists

The fabulous growth of wind and solar builds on states’ clean energy policy and corporate decarbonization targets. However, great opportunities for more new clean energy supplies to replace fossil fuel energy need supporting grid investments. Where do we go for that modern infrastructure?

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Good News—and Bad—about Fossil Fuel Power Plants in 2023 

Union of Concerned Scientists

With the clean energy transition already under way, the US electricity mix is set to continue changing this year. Solar power is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA).

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Our Overdependence on Methane Gas is Costly: We Need Policymakers to Pass Clean Energy Legislation Now 

Union of Concerned Scientists

Rising prices of methane gas used for power and heating, exacerbated by Russia’s invasion of Ukraine, are contributing to soaring electric and heating bills across the country. And such action cannot be influenced by fossil fuel interests and their policy proposals that we are seeing in Congress. How Did We Get Here?

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Minnesota Proves Its Readiness for Carbon-Free Electricity

Union of Concerned Scientists

Last week, Minnesota Governor Tim Walz signed into law a standard that will make the North Star State’s electricity 100 percent carbon-free by 2040. Building on the success of the 100 percent standard, there are many other energy- and environment-related bills ready for discussion and approval. Congratulations, Minnesota! What’s next?