clean energy

Renewable Energy Jobs Keep Growing While Fossil Fuel Jobs Keep Shrinking

More than 8.1 million people are now employed by the renewable energy industry worldwide, an increase of five percent over last year, according to the International Renewable Energy Agency (IRENA).

The number of renewable energy jobs worldwide went up in 2015 while jobs in the broader energy sector fell. In the United States, for example, renewable energy jobs increased six percent, but employment in oil and gas fell 18 percent.

That’s perhaps not surprising, as renewable energy continues to break records. According to the US Energy Information Administration (EIA), utility-scale electrical generation from renewable sources like solar and wind hit an all-time high of 16.89 percent of the country’s total electricity generation in the first quarter of 2016. During the same time period in 2015, renewable energy's share of net generation was just 14 percent. Distributed solar photovoltaic and wind energy have also continue to grow quickly, the EIA found.

As Oil and Gas Revenues Drop by 90 Per Cent, Alberta Budget Paves Way For Clean Energy Sector to Emerge

A renewable energy economy may emerge from the heart of Canada’s oil industry thanks to announcements made in Alberta’s provincial budget last week. The budget promises spending $51.5 billion in 2016 despite resource royalties projected to be as low as $1.4 billion, representing a 90 per cent drop.
 
The province pledged $2.2 billion for clean infrastructure, $645 million for energy efficiency and unveiled an expanded carbon levy that the government estimates will generate $3.4 billion for renewable energy development. An additional $195 million has been set aside to help First Nations communities transition off coal and onto cleaner sources of energy.
 
“We’re very proud of our climate leadership plan as a progressive way to bend the curve on carbon,” Finance Minister Joe Ceci said in a press conference Thursday.
 
Sara Hastings-Simon, director of the clean economy program at the Pembina Institute, commended the province’s decision to expand the carbon levy to beyond industrial emitters.
 
“We know it is the most efficient way to reduce emissions in the province,” she said.

Calls For Permanent Closure of Aliso Canyon NatGas Storage Facility As Californians Face Blackouts

Last week, California regulators and Southern California Gas Company, which operates the Aliso Canyon Storage Facility, issued a report warning that a continued shutdown of the facility, the site of the worst methane leak in state history, would lead to blackouts throughout the summer.

The regulators and the company have proposed restarting gas injections into the Aliso Canyon facility in the coming weeks, but Porter Ranch area residents — 1,800 of whom had to be evacuated due to health impacts of the methane leak — are challenging the report’s findings and calling for permanent closure of Aliso Canyon, one of the largest gas storage facilities in the US.

Aliso Canyon has been shut down since January. The leak started in October of last year. Two and a half months later, Governor Jerry Brown finally declared a state of emergency, but it would take SoCalGas, as the company is known, another month and a half to finally stop the leak.

Oregon First to End Coal Era: Landmark Ban Sets National Standard for Clean Energy

The Oregon legislature just put another nail in the coffin of the coal era.

On Friday, Oregon governor Kate Brown signed into law one of the most ambitious and sweeping pieces of energy legislation in the country’s history, one which will eradicate the use of coal for electricity generation entirely within two decades.

The pioneering law makes Oregon the first state in the nation to legislate a ban on coal for the electric supply, while also mandating that utilities provide half of their electricity from new renewable sources by 2040.

Add those new renewables to Oregon’s existing hydropower resources and, in less than 25 years, the state’s electric sector will be between 70 and 90-percent carbon-free, one of the cleanest energy portfolios in the country.

More Money Invested in Renewable Energy in 2015 Than New Fossil Fuel Power Projects

A record US$367 billion was invested in renewable energy in 2015, according to a new report out today by the Clean Energy Canada initiative of the Centre for Dialogue at Simon Fraser University.

Renewables investment increased by seven percent since 2014, with China, the US, and Japan representing more than half of the total investment last year, shows the report.

The report also finds that for the first time, more money was invested in clean energy than in new power from fossil fuel ($253bn).

Warren Buffett Attacks Clean Energy While Increasing Dirty Oil Investments

Warren Buffett, one of the world's richest men and a campaign fundraiser and donor for Hillary Clinton's presidential run, has made headlines lately for the attacks on rooftop solar energy launched by subsidiaries of his holding company Berkshire Hathaway.

As Ben Jervey explained here on DeSmog, Buffett and Berkshire Hathaway have numerous ties to coal-fired power plants, the utility industry and the coal-by-rail industrial complex.

But Buffett's tentacles reach far into the oil industry, as well. 

US Solar Jobs Double As Clean Energy Continues Explosive Growth Around The World

Renewable energy continued its explosive growth in 2015 — and I don’t mean explosive like an oil train accident.

A new global record was set last year with the investment of $328.9 billion in clean energy. That edged out the previous high mark, set in 2011, by 3 percent, according to Bloomberg New Energy Finance.

Divestment Movement Hits Major Milestone As World Leaders Debate Climate Action In Paris

More than 500 institutions that manage $3.4 trillion in assets have now committed to divesting holdings in fossil fuels, divestment campaign groups announced today in Paris.

As recently as September 2014, just 181 institutions managing $50 billion in assets had made some sort of divestment commitment.

350.org and Divest-Invest, two of the key groups organizing the divestment movement, announced the new additions to the growing list of divestors this morning in Paris at the UN COP21 climate negotiations.

California Finding New Ways To Extend Benefits Of Solar To Low-Income, Minority Communities

The California legislature has sent a bill to Governor Jerry Brown’s desk that aims to extend the benefits of solar energy to communities that often have no access to clean energy technologies.

Assembly Bill 693 would create the Multi-Family Affordable Housing Solar Roofs program, which would be authorized to spend $100 million a year for at least 10 years to install solar panels on 210,000 affordable housing units in the Golden State.

It’s estimated that beneficiaries of the program would save more than $38 million per year on their electricity bills and receive another $19 million a year in solar tax credits and other benefits, a total of $1.8 billion over the life of the program, according to Al Jazeera America.

The Divestment Movement Has Unexpectedly Exploded into the Trillions of Dollars and Here’s Why

At this time last year, building on the momentum generated by Climate Week and the New York People’s Climate March, divestment advocates made an ambitious announcement: a plan to triple the $50 billion in assets individuals and organizations had pledged to divest from fossil fuels by the time of the 2015 Paris UN climate negotiations.

That was an ambitious plan.

But in the year since, according to a new report from Arabella Advisors, the divestment movement exploded in scope and scale increasing fifty-fold, bringing the total combined assets of those divesting to an incredible $2.6 trillion.

It’s safe to say that no one, not even the most optimistic divestment dreamers, could have anticipated this outcome.

So what’s behind the global momentum for divestment?

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