New IEA Report: Regulation, Pricing Must Keep Pace with Technology Deployment to Achieve Rapid Scaling of Clean Power

The International Energy Agency (IEA) is out with an important new report, "Re-powering Markets: Market design and regulation during the transition to low-carbon power systems." This is notable for being "the first official publication of the IEA that analyses the electricity market framework for low-carbon power systems."
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Compare and Contrast: As “Clean Coal” Fails, Google Doubles Clean Energy to Its Power Centers

As for the coal industry more broadly, big banks are bailing, with the " Dow Jones U.S. Coal Index, which captures the stock prices of the largest coal companies," losing "a stunning 95% of its value since July 2011," and with "a number of coal companies hav[ing] filed for bankruptcy, including Alpha Natural Resources...Walter Energy...Patriot Coal and James River Coal."
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Nielsen Surveys Find Consumer Interest in Solar, Sustainability on the Rise

“Clean economy company CEOs should be really encouraged by these findings,” says Michael Casey, President of cleantech PR firm Tigercomm. “They are the latest data set showing that demand for what they are offering is getting baked into consumer preferences. The phony controversies of Solyndra and 'Climategate' of the last decade are fading. The critics and doubters are losing. ”
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ExxonMobil’s PR Smog Screen

Today, we can add in an element of urgency for ExxonMobil and other fossil fuel companies, as the price of renewables like solar and wind have plummeted in recent years, making them increasingly viable competitors with fossil fuels. Heck, even major oil exporters like Saudi Arabia, are increasingly looking to clean energy to power their economies. No wonder ExxonMobil is worried.
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