Remove Coal Remove Price Remove Tax Remove Wind
article thumbnail

Solar, wind to lead US power generation growth for the next 2 years

Baua Electric

The US Energy Information Administration (EIA) forecasts that solar and wind will lead US power generation growth for the next two years in its latest Short-Term Energy Outlook. The EIA also expects wind power generation to grow 11% from 430 billion kWh in 2023 to 476 billion kWh in 2025. Get started here. –ad*

Wind 52
article thumbnail

EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

The power sector has become less carbon-intensive as natural gas-fired generation displaced coal-fired and petroleum-fired generation and as the noncarbon sources of electricity generation—especially renewables such as wind and solar—have grown. By 2017, that share had grown to 38%.

2005 414
article thumbnail

This utility in the US Midwest is going to add 3.6 GW of wind and solar

Baua Electric

Photo: Xcel Energy Xcel Energy just announced its big solar and wind plans in the US Midwest – here’s the lowdown. gigawatts (GW) of new wind and solar into the mix in the Midwest. However, the utility says it’s still on track to close all its coal plants by 2030. GW of wind and solar appeared first on Bauaelectric Auto News.

Wind 52
article thumbnail

Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.

article thumbnail

Berkeley study finds renewable portfolio standards insufficient to meet 2030 GHG emission targets; new policy required

Green Car Congress

Pie charts show the proportion of different types of energy sources generating power and flowing between load areas if there were a carbon tax of $70 per ton. To meet these carbon goals, coal has to go away from the region. Click to enlarge. Their paper is in press in the journal Energy Policy.

Renewable 231
article thumbnail

Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

Green Car Congress

Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax. This break-even crude oil price compares favorably with the literature estimated prices of fuels from alternate biochemical and thermochemical routes. —Singh et al.

article thumbnail

Concepts for an “Energy Security Trust” reach back to President Carter

Green Car Congress

Let’s.free our families and businesses from the painful spikes in gas prices we’ve put up with for far too long. A windfall profits tax is the only thing that stands between the oil companies and a huge bonanza of unearned, unnecessary, and unjustified profits. American innovation has given us the greatest industrial capacity on Earth.

Concept 218