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Citigroup Sets $100 Billion Funding Goal for Green Projects

February 19 -- Citigroup Inc. plans to lend, invest and facilitate deals worth $100 billion by 2025 to support projects that will fight climate change and protect the environment.

Citigroup expects the effort to lead to deals supporting renewable power, energy efficiency and sustainable transportation opportunities, Chief Executive Officer Michael Corbat said in a speech in New York Wednesday. >>View Article

Kaiser Joins Google, Apple in Buying Clean Energy

February 19 -- Google and Apple are not the only big companies harnessing California's sunshine and wind to power their workplaces.

Health care giant Kaiser Permanente will announce Wednesday that it has signed deals to buy electricity from a new wind farm to be built at the Altamont Pass, a vast solar plant in Southern California, and more than 100 smaller rooftop solar arrays to be installed at its hospitals, parking garages and medical offices, all of which will reduce its carbon emissions by 30 percent. >>View Article

Three Wrongs Don't Make the Right Right

February 19 -- Anyone can be wrong once. But it takes talent to be wrong twice. And genius to be wrong thrice.

Eight years ago, California passed AB 32, a landmark law combating climate change. In an effort to lower greenhouse gas emissions to 1990 levels, the law caps carbon emissions and provides incentives for green technology. Republicans and big oil lobbyists prophesied that AB 32 would spell doom and devastation for the Golden State. >>View Article

Low Fossil Fuel Prices Embody Their Inherently Risky Volatility

February 19 -- Plunging oil and natural gas prices are creating elation at the pump, winter gas bill relief, and unpredictable swings in the stock market. They also serve as a sharp reminder of one of fossil fuels’ inherent characteristics — price volatility. Instead of basking in the temporary glow of cheap fuel, America should remember this volatility and direct current savings towards increasing efficiency and developing renewable energy resources with reliable and secure input costs. >>View Article

Energy-Efficient Buildings Unite Left and Right

February 18 -- With the 114th Congress newly underway, leaders from both political parties have said they want to work together. All they need are issues that both sides can agree on. Here's one — energy-efficient buildings.

Energy efficient green buildings are a model of bipartisan consensus. On the one hand, buildings that save energy help the environment by reducing carbon emissions that lead to global warming. On the other hand, energy efficiency also cuts costs and enhances the bottom line — and global competitiveness — for real estate developers and American companies. The increased bottom line, in turn, results in greater tax revenues without raising taxes. >>View Article

RFA's Dinneen Offers Blistering Critique of Searchinger Research, Talks Future of RFS Policy Reform

February 18 -- Following the release of a controversial paper by the World Resources Institute's Timothy Searchinger on the land-use and climate change impacts of bioenergy production, the renewable fuels industry is pushing back against the research. During today's OnPoint, Bob Dinneen, president of the Renewable Fuels Association, gives his take on the efficiency of feedstock production and the impact of biofuels on food costs. He also talks about the ongoing efforts in Congress to reform the renewable fuel standard. >>View Article

Greening the Tea Party

February 18 -- The solar-energy business is booming. The average cost of installing solar panels has dropped by half since 2010, and a new solar electric system is now installed somewhere in the United States every four minutes. The growth extends well beyond the rooftops of American homes and small businesses; last week, Apple announced that it is investing in an eight-hundred-and-fifty-million-dollar solar farm in Monterey County, California, which it says will power its operations in the state by the end of 2016. Although solar is still small, supplying less than one per cent of the country’s electricity, its growth has alarmed the energy industry’s old guard—coal, oil, and utility companies. Working primarily through conservative advocacy groups such as the American Legislative Exchange Council (ALEC), which lobbies at the state level, and Americans for Prosperity (A.F.P.), which was founded by Charles and David Koch, the billionaire industrialists, this coalition is doing its best to weaken the nascent industry, particularly rooftop solar. In a curious twist, however, ALEC and A.F.P. have found themselves butting heads with—and even losing battles to—tough-minded, pro-solar branches of the Tea Party. >>View Article

Arizona Leads in Solar Industry Jobs, with 7% Growth

February 18 -- Arizona ranked No. 3 last year in the number of jobs in the solar energy industry, the nonprofit Solar Foundation reported Monday.

The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. >>View Article

GM Will Soon Use Wind to Power Its Factories

February 18 -- General Motors wants you to know that it’s thinking about the environment.

Today, the big-name car maker announced that it will soon use wind to power its manufacturing operations. GM has signed an agreement with Enel Green Power to procure 34 megawatts of wind power from 17 wind turbines for its 104-acre Toluca Complex in Mexico, the company said in a press release. >>View Article


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