Author: Dr. Jim Carey

California Carbon Auction: Will Geothermal Value Finally Be Recognized?

While public support for climate change aid is growing, U.S. negotiators once again offered no binding agreements on emissions reductions at the most recent United Nations climate talks – a stance that is becoming all too familiar to nations that see U.S. participation as crucial. Meanwhile a divided Congress has held off regulating carbon emissions, and some experts doubt that the nation will mandate protection of the climate via legislative act in the foreseeable future. Given hesitancy at the top, it was an act of leadership when California introduced Assembly Bill 32, the mandate to reduce greenhouse gas (GHG) emissions in the state to 1990 levels by 2020.

Energy Trends that Matter for Investors

The US is by far the world’s greatest user of energy per capita in the world. Each American uses about 87,000 kilowatt-hours per year – that is twice as much as the European Union (EU), the next closest consumer! Understanding energy trends in this country is extremely important for investors who want to understand how the energy landscape will look 10, 20 or 30 years from now.

Mega-Solar Matchmaking in California

Flexing its billion-dollar muscles once again in the renewable energy space, MidAmerican Energy Holdings Company (famously backed by Warren Buffett’s Berkshire Hathaway Inc.) is buying two co-located solar projects in California from SunPower, billed a…

Rio+20 and the Future of Clean Energy

In late June, the United Nations Conference on Sustainable Development was held in Rio de Janeiro, Brazil, two decades after its predecessor, the 1992 Earth Summit, was held to advance sustainable development through international cooperation. The “Rio…

Wind Power Looking Strong in 2013

Wind in the Americas has tremendous opportunity for growth, particularly in Latin America. By 2025, the region is expected to reach 46 GW of total installed wind capacity, according to the IHS Emerging Energy Research study, “Latin American Wind Power Markets and Strategies: 2010 – 2025.” Brazil is expected to lead the Latin American region with 31.6 GW of installed capacity by 2025, followed by Mexico with about 6.6 GW. Brazil is predicted to house 69 percent of the total Latin American installed wind capacity in 2025, positioning the country as a leader for development, turbine manufacturing and wind turbine component supply chain assembly.

PTC Extension: Another Squeaker for Clean Energy

Well, ‘The Fiscal Cliff’ theater was played out in Washington, and Congress included renewable energy in the final bill. According to the Renewable Fuels Association, the deal includes one-year tax-credit extensions for cellulosic biofuels, biodiesel, renewable diesel and algae-based fuel. The cellulosic bonus depreciation, which allows biofuel companies to expense up to half of their eligible capital costs in their first year, was also given a one-year extension. These advanced biofuels applications are critical for the U.S. to evolve its biofuels reliance onto non-foodstuff sustainable biomass – both wastes and non-arable land crops.