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Renewable Energy Update - March 2016 #3

2016-03-30 01:08:18| Energy - Topix.net

Mar 21 Yolo County and the City of Davis are joining a growing number of communities in California in buying their own electricity with the hope of getting less expensive energy from greener sources. The two local governments recently voted unanimously to move forward with a Community Choice Energy program that will let them form a joint power authority and enter into contracts to buy electricity on the wholesale energy market.

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Worldwide Renewable Energy Investment Hits A New Record

2016-03-26 00:23:00| Climate Ark Climate Change & Global Warming Newsfeed

ThinkProgress: Renewable energy investment set a new world record in 2015, with emerging economies led by China topping the investment of developed nations for the first time, according to a United Nations-backed report unveiled Thursday. Last year, the world invested $286 billion in green energy - some 3 percent more than the last record set in 2011 - mostly on wind and solar, according to the report, put together by the Frankfurt School and United Nations Environment Program (UNEP). On the other hand, coal...

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Renewable Energy Investments Set New Record, Twice of Coal and Gas

2016-03-25 14:18:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Global investment in renewable energy was more than twice that of coal and gas last year, according to a new report, despite plummeting fossil fuel prices. Renewable energy investment totaled a record $286 billion, with China, India, Brazil and other developing countries accounting for $156 billion in 2015. Chinas investment alone rose 17 percent from the year prior, representing 36 percent of the global total. Experts expect this surge to continue, while coal remains in decline; China also announced...

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Australia: Coalition still counting Abbott-era 'savings', but renewable grants roll on

2016-03-24 07:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Turnbull government is continuing to claim $1.3bn in Abbott-era savings from renewable energy grants even though the cuts have not been and may not be legislated, and in the meantime the agency responsible for them is required to continue spending the money. The clean energy industry has largely welcomed an announcement by the prime minister this week that he would keep the Clean Energy Finance Corporation which the Abbott government had sought to close and retain in name but change the...

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Australia launches $762m fund to invest in renewable technologies

2016-03-24 01:00:00| Power Technology

The Australian Government has launched the A$1bn ($762m) Clean Energy Innovation Fund (CEIF) to invest in clean and renewable technologies for commercial deployment.

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