Oil and gas companies have approved $50 billion of investment since 2018 in major projects that undermine climate targets and threaten shareholder returns, Carbon Tracker finds in a report released today. The first study to identify individual projects that are inconsistent with the Paris Agreement finds that no major oil company is investing to support […]
Oil in the time of climate summit
The world’s largest oil companies gathered in New York City on Monday [September 23, 2019]. At the same time, global leaders met at the UN Climate Summit. Executives from thirteen fossil fuel companies talked about how to defend their industry as countries around the world planned to cut carbon dioxide emissions. The chief executive of […]
Let’s reduce wholesale market costs by tapping the full potential of DERs
The cost and performance of distributed energy resources (DERs) have improved faster than anyone would have expected. Between 2010 and 2017, residential rooftop solar system costs fell over 60%, and lithium-ion battery prices fell 79%. Inverter prices have also fallen, while their functionality has improved in ways that enable the integration of higher penetrations of […]
Planning for a Distributed Energy Future
We surveyed utility executives, customers, and regulators. Here’s what they had to say. Utilities are beginning to accommodate renewable energies, but many wonder if it is enough to keep up with consumer demand and prepare for new regulations. Utility executives report solar has the biggest impact on their operations while regulators report a wider range […]
Canada invests in greener and more affordable electricity distribution for Ontario
Transitioning to a clean energy future is the new imperative. Through green infrastructure project investments, we are developing new and innovative technologies to fight climate change, foster economic growth and provide good jobs for Canadians. The Honourable Amarjeet Sohi, Canada’s Minister of Natural Resources, today announced a $5-million investment for the Independent Electricity System Operator (IESO) for the development of an […]