The following blog post was originally published in the 25x25 blog and was written by President of the American Council On Renewable Energy, Vice Admiral Dennis McGinn.
The Senate should be commended for overwhelmingly voting this week to eliminate harmful restrictions on the U.S. military's efforts to expand its use of biofuels. Two overwhelmingly bipartisan votes in the upper chamber now focuses attention on the House of Representatives, where some lawmakers are continuing to insist on language in the National Defense Authorization Act (NDAA) that would prohibit the military – the nation’s biggest user of oil and gasoline ‑ from expanding its use of biofuels.
May 1 -- Legislation recently introduced in the U.S. Senate aims to level the energy playing field between fossil and renewable energy projects. The bill, titled the Master Limited Partnerships Parity Act, would allow investors in renewable energy projects access the corporate structure of master limited partnerships. The business structure offers tax significant tax benefits to investors, but is currently only available to investors in fossil energy projects. >>View Article
April 18 -- The key to broader penetration of solar energy depends on access to capital markets and innovative financial structures that can reduce the cost of capital for project finance as well as increase the investor base beyond the traditional tax-equity driven investors. There is a strong case for the DOE to establish the Advancd Research Project Agency-Capital (ARPA-C) that will function to support the broader adoption and commercialization of renewable energy through mechanisms, including credit enhancment and direct equity investments for capital market project aggregation warehouse facilities and securitization transactions. >>View Article
March 21 -- This week, the National Academy of Sciences put out a massive — as in, 395-page — report on how the United States can cut gasoline use in half by 2030. And, beyond that, how to cut greenhouse-gas emissions from transportation 80 percent by mid-century. >>View Article
March 21 -- Most companies on the Fortune 100 list have adopted policies to increase their use of renewable energy. The reason is simple: Renewable energy is good business. America’s largest, most-successful businesses know that renewable energy diversifies their energy supplies, which, among other benefits, can smooth out the volatile price-swings common among traditional energy sources. Renewables also reduce companies’ long-term operating costs. >>View Article
March 19 -- The “energy reserves” contained in wind and bioenergy projects in the U.S. and Brazil are “significant” compared to oil and gas in the countries, according to a study commissioned by BP Plc (BP/) that estimates the barrels of oil equivalent for the renewable resources. >>View Article
March 19 -- The electric vehicle is a smart choice that allows Atlanta to reduce its dependence on fossil fuels. More than 1,700 plug-in electric vehicles (PEVs) are registered in Georgia, with roughly 90 percent here in the metro area. >>View Article
March 11 -- A glut of government-subsidized wind power may help accomplish a goal some environmentalists have sought for decades: kill off U.S. nuclear power plants while reducing reliance on electricity from burning coal. >>View Article
January 18 -- We've talked about why, long term, green energy faces tremendous obstacles in making a substantial market impact it's too expensive, and too far behind fossil fuels' existing infrastructure. >>View Article
November 27 -- In September, Gov. Paul LePage cited a report that said Maine's renewable energy mandate would cost electricity ratepayers $145 million and nearly 1,000 jobs by 2017. The study was immediately challenged for its conclusions, and now its motives are under scrutiny. >>View Article