Solar competitive with gas in the Middle East–without subsidies

Published on Jan 23 2012 // business, fossil fuel, solar energy
Solar competitive with gas in the Middle East–without subsidies
Bloomberg Businessweek reports that the Emirates Solar Industry Association has co-authored a report with PricewaterhouseCoopers LLP, finding that Middle Eastern solar projects are competitive with natural-gas-fired generators. As solar technology becomes increasingly affordable and fossil fuels conversely...

BP report claims clean energy will miss the mark in 2030

Published on Jan 19 2012 // climate change, co2 emmissions, fossil fuel
BP report claims clean energy will miss the mark in 2030
BP, once a major player in solar development, abandoned its solar division all together last month, citing “the closure of several other solar energy businesses amid competition from China, falling prices, overcapacity and lower government subsidies” as the cause. Now the company has released...

50% of Germany’s renewable energy produced by private citizens

50% of Germany’s renewable energy produced by private citizens
In the past, I’ve written posts about Germany and its strong support of renewable energy. Twenty percent of the country’s energy is from renewables–and they abandoned nuclear power all together, planning to shut down all nuclear reactors in the next ten years. Germany has the European...

Triple-digit oil prices threaten U.S. economic recovery

Published on Jan 05 2012 // economy, environmental sustainability, fossil fuel
Triple-digit oil prices threaten U.S. economic recovery
In a recent Huffington Post op-ed, Jeffrey Rubin, former chief economist for CIBC World Market, asked, “What do triple digit oil prices mean for growth?” According to Rubin, oil as the principal source of energy world-wide will continue to surge in cost as the global economy improves. These...