article thumbnail

Banks Continue to Prop Up the Fossil Fuel Industry

Union of Concerned Scientists

It also requires a deep reduction in fossil fuel finance and an opening of the vaults for clean energy. The International Energy Agency said the world last year saw record growth in solar power, adoption of electric vehicles, and global clean energy investments that outstripped fossil investments last year by $1.74

article thumbnail

The Express: Bechtel Corp Announced It Will Discontinue Development Of The 1,000MW Natural Gas-Fired Renovo Energy Center In Clinton County

PA Environment Daily

On April 14, The Express reported Bechtel Corp will discontinue development of the 1,000 MW natural gas-fired Renovo Energy Center in Clinton County. Every step away from fossil fuels is a step toward averting both climate disaster and the biodiversity crisis.” 27 Released 1.1 27 Released 1.1

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bolivia has high solar power potential but faces challenges scaling up

A Greener Life

The new 100 MW Oruro solar plant is a boost to Bolivia’s energy transition, but there are obstacles to harnessing the radiation potential of its western highlands. Perched at 3,730 metres above sea level in the community of Ancotanga, the Oruro solar power plant is one of the flagship projects in Bolivia’s energy transition.

article thumbnail

How Much Land Would it Require to Get Most of Our Electricity from Wind and Solar?

Union of Concerned Scientists

Most studies show that achieving these targets will require an unprecedented increase in wind and solar power to decarbonize the power sector and meet the increased demand for zero- carbon electricity to replace fossil fuels in building, industrial and transportation sectors. times current levels by 2035.

article thumbnail

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).

article thumbnail

What is Premier Smith’s Problem with Renewable Energy?

Enviromental Defense

In August of 2023, Premier Smith imposed a seven-month industry-wide moratorium on new approvals for wind, solar, geothermal, and other forms of renewable energy. We’re falling behind Europe, China, much of Asia, and the United States in investment in renewable energy. We’re losing good-paying clean energy jobs.

article thumbnail

House Passes Bipartisan Bill Establishing Grant Program To Support Solar Energy Facilities At Schools

PA Environment Daily

"Solar leverages state and federal dollars to support the creation of solar arrays at public schools across the Commonwealth. It will save school districts and taxpayers money, create new learning opportunities and invest in statewide clean energy,” she added.