Category: News

June 10 2016

Bucking Big Oil Companies, U.S. House Condemns Carbon Tax

Congressional Republicans approved a non-binding resolution to condemn the idea of a carbon tax, putting lawmakers on record opposing an approach to combating climate change favored by Exxon Mobil Corp. and other large oil companies.  The House strategy, pushed by Majority Whip Steve Scalise, a Louisiana Republican, and backed by Koch Industries Inc., used the […]

May 25 2016

Obama Prods Federal Contractors to Reveal Carbon Footprints

The Obama administration is proposing a new requirement designed to encourage oil refiners, airplane manufacturers and other companies doing business with the U.S. government to disclose their carbon footprint and what they’re doing to shrink it. A rule proposed Wednesday by the U.S. agency that coordinates the government’s $400-billion-plus supply chain would require contractors and vendors […]

May 17 2016

New California Gold Rush Beckons Wind Developers Off Coast

When turbines start spinning at the first U.S. offshore wind farm near Rhode Island later this year, some energy developers will already be eyeing a bigger prize. There’s a steadier, harder wind blowing off the California coast. Those reliable Pacific gusts could yield nearly a terawatt of electricity, 13 times the capacity of all the […]

May 12 2016

For Oil Drillers, Obama Methane Rule Is Worse Than Proposed

The Obama administration, yielding to environmentalists demanding action to address climate change, issued limits on methane emissions from oil and gas wells that are even tougher than those it proposed last year. The final regulations unveiled Thursday will add an estimated $530 million in additional costs per year by 2025, according to the Environmental Protection […]

April 21 2016

BNEF’s Chase: SunEdison Files for Bankruptcy After Acquisition Binge

Analyst Reaction by Jenny Chase, BNEF’s Head of Solar Insight – SunEdison’s bankruptcy says more about the company’s strategic decisions than about the solar industry as a whole. Comparable companies SunPower and First Solar have managed a develop-and-sell business profitably over the past three years. – What has distinguished SunEdison has been the relentless and […]

April 5 2016

BNEF’s Grace on Integrating Renewables on the Grid (Audio)

Taking Stock with Kathleen Hays and Pimm Fox. Amy Grace, Head of North American Research at Bloomberg New Energy Finance, on trends at this year’s BNEF event. Broadcasting live from the 2016 New York “The Future of Energy Summit” powered by Bloomberg New Energy Finance. To contact the producer: Samara Lenga slenga@bloomberg.net

April 5 2016

Liebreich Speaks About Energy Markets at BNEF Summit

Michael Liebreich, chairman of the Bloomberg New Energy Finance advisory board, speaks about energy technologies and markets at the BNEF “Future of Energy” Summit in New York. (Source: Bloomberg) To contact the producer and editor: Anny Kuo/Zorovich avamericas@bloomberg.net

April 5 2016

Kerry, Bloomberg Speak on Climate Change at BNEF Summit

U.S. Secretary of State John Kerry speaks about climate change and the future of energy at the Bloomberg New Energy Finance “Future of Energy” Summit in New York. Michael Bloomberg, the founder and majority owner of Bloomberg News’ parent Bloomberg LP, also speaks. (Source: Bloomberg) To contact the producer and editor: Anny Kuo/Laird avamericas@bloomberg.net

April 5 2016

Foxconn’s Clean-Energy Ambitions Bolstered With Sharp Takeover

Foxconn Technology Group’s rescue of Sharp Corp. promises to bolster the Taiwanese electronics maker’s ambitions for a bigger role in clean energy in some of the world’s most-polluting countries, while also providing a firmer footing in Japan. Foxconn, which reached a deal last week to take control of Sharp, has previously announced plans to improve […]

March 17 2016

JUST OUT: Analyst Reaction to the UK 2016 Budget

Extract from Analyst Reaction by Victoria Cuming, BNEF’s Head of European Policy The Budget, presented on 16 March by Chancellor George Osborne, gave with one hand to clean energy and took away with the other. The government will hold Contract-for-Difference auctions by 2020 allocating up to GBP 730m of subsidies for offshore wind and other “less […]