Five Energy Stories Worth Reading Today (6/25/15)
Here are five recommended reads for today (6/25/15)
- “Minnesota’s community solar garden program will be one of the largest two in the country even if the regulators this week decide to reduce its scope,” reports Midwest Energy News. “That’s the takeaway of a new report on the state of community solar in the United States by GTM Research, which predicts that only California could surpass Minnesota in the number of projects.”
- “The report [released by the Center for International Environmental Law] makes a compelling case that the three big financial rating agencies – Moody’s, Fitch and Standard & Poor – that gave clean bills of health to the toxic financial products that caused the 2008 worldwide financial meltdown are giving similarly bad advice to investors by rating fossil fuel investments without acknowledging climate change-related risk,” according to DeSmog Blog.
- “[The Federal Energy Regulatory Commission] ruled that under federal energy law aimed at promoting alternative energy, a utility is obligated to negotiate rates and take the power from a qualified facility — even if, as in DMEA’s case, it has other contracts for power supplies,” says The Denver Post.
- “A bill to require California’s state pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining passed an Assembly committee by a vote of 5-1 on Wednesday,” reports Reuters.
- “Decades of experience and verification prove energy efficiency programs deliver huge benefits to consumers and the environment – and these benefits far exceed the costs. A new working paper about a single federal efficiency program for low-income residents in Michigan is generating a lot of hype, but does nothing to contradict these basic facts,” says NRDC.
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