New Arizona Law Creates Tax Incentives for Renewable Energy Companies

On Tuesday, Arizona governor Jan Brewer participated in a celebratory signing of SB 1403, entitled “Renewable, High-Wage Industry Incentives.” The bill, which Gov. Brewer signed into law in July, creates income and property tax incentives for renewable energy companies, including those in the wind, biofuel, and solar industries, to locate or expand their operations in Arizona.  The bill …

Spain Produces Over Half its Energy from Wind for 1.5 Hours

In the wee hours of Sunday morning, Spain set quite a record: The country got more than half its electricity from wind farms, a first for a country long invested in renewable energy.  Between 4:30 and 6 a.m., Spanish wind turbines took advantage of a particularly windy day to generate 53% of the electricity coursing …

Senate Committee Passes Climate Bill Despite Republican Boycott

On Thursday, Democrats on the Senate’s Environment and Public Works (EPW) Committee approved the Boxer-Kerry cap-and-trade bill without a single Republican present.  The 10-1 vote came after a two-day Republican boycott of the committee’s markup of the bill. The boycott protested the lack of a comprehensive analysis of the measure’s potential effect on jobs and …

Nevada PUC to Open Docket Regarding Feed-in Tariffs

On Tuesday, the Nevada Interim Committee on the Production and Use of Energy heard presentations from the Solar Alliance and the Electric Auto Association of Nevada regarding feed-in tariffs.  After the presentations, Chairman Schneider directed the Nevada Public Utilities Commission (PUCN) to open an investigatory docket regarding the plausibility of the feed-in tariffs. Rebecca Wagner, …

“Carbon Exposure”: Who are the Winners and Losers in Cap-and-Trade?

PointCarbon, a market research firm, has just released a study projecting that ExxonMobil would need to spend nearly $6 billion for carbon allowances under the terms of the Kerry-Boxer cap-and-trade bill. While that seems unsurprising, it is less intuitive to see that electricity giants like Exelon and Pacific Gas and Electric would emerge as financial winners, because …

Attention to Psychological Aspects of Mitigating Climate Change Increases

An article in London’s “The Guardian” newspaper tackles the touchy subject of human behavior and the role of psychology in addressing climate change. It describes the increased attention to how psychologically informed public awareness campaigns can be used to transform abstract concerns about climate change into concrete behaviors that reduce net energy consumption. While a few upcoming …