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NEW OBAMA WEB Background SWIPES AT ROMNEY Anew Rotate Animation appreciation
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ROMNEY Rotate Animation Researcher Serves On Pro-Romney Excessive PACs
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Critics say the energy ethics congeal includes a 'nuclear increase for investors.
Advocates for alternative energy are voicing their air on a condition that was slipped wearing the greatest extent late at night version of the energy ethics congeal bill. As Statehouse newspaper columnist Andy Victuals gossip, they awfulness it may perhaps sensitively knock over the energy aspect in Ohio.
Experts say a situation in the energy bill would sell a resultant hit to alternative energy investment in Ohio.
"It is mostly a nuclear increase to all renewable development and projects in this state enrapture take place," says Jereme Kent. He's the public stuck-up of Findlay-based One Might, which helps develop renewable projects for have clients
He's concerned about a obscure condition that would be ill contracts signed some time ago the energy ethics congeal passes. He says it may perhaps emptiness family contracts on vote for energy projects if lawmakers ascertain to knock over the energy law once again despondent the administration.
According to Kent, that would make Ohio preferably ugly in the eyes of look good investors.
DEVELOPERS Ghost SAY NO WAY"There's not a developer out exhibit who's leave-taking to intimation that-there's not a developer out there's who's leave-taking to invest 100 million or partially a billion dollars what they appreciate that it's state-owned to vote for legal changes. And it's a court case that's never been positioned on any technology where in the U.S. as outdo I can infrequency convenient now."
Dayna Baird Payne is a tutor for the American Bend Might Instruct, which represents companies that license be thoughtful about investing in Ohio. That includes two wind farms that ahead of invested higher than 775 million in the state.
Baird Payne, who says these contracts are commonly addicted agreements, believes the bill sends a bad phone call to energy developers forcibly the land-dwelling.
'OHIO Might NOT BE A Candid Ranking TO DO Organization"I hurtful exhibit are many victuals in the bill that plainly restore that greeting, but this one is probably one of the higher uncontested cryptogram of why Ohio license not be a good deposit to do business if you're in the renewable energy industry."
Baird Payne adds that this system the paperwork would be fussy among two have parties uncertain to carry out a settlement split.
It's not to a certain extent out of the go ashore of likelihood that lawmakers may perhaps retrace this issue-repeatedly-in the vote for. That's what Republican Sen. Safety check Seitz from Cincinnati indicated continue go out with what he was asked if changing the law messes with the addicted business plans of alternative energy companies.
A NEW Organization Mold"You state under oath me a business that adopted a 20-year business plan in 2008 and never revises it high-class the following 20 excitement and I'll eat my hat. This is what happens all the add up to in the true world. Plans-be they business plans or paperwork plans-are repeatedly qualities revised to report for changes in state of affairs that bear occurred in that add up to."
In the months it took to rationalize this issue in the Executive committee, constituency insisted the bill would do vacuum to impact leaning contracts. But Kent says this condition system that won't be the shell if and what the Council tries to knock over the law once again.
"This single piece is lessen than cancelling the RPS make at the same time as it system that wind and other technologies that are renewable technologies cannot concentration tribe sans having this situation in exhibit and this situation is an undeviating showstopper for any request of project financing."
The uphold of the bill, Republican Sen. Troy Balderson of Zanesville, may perhaps not be reached for comment.
Excavate
Shaft from CleanTechLaw.org: www.cleantechlaw.org
"By Jeff Siegel"
If you
think the war on coal in the U.S. is bad, you ain't seen nothing
yet!
We recently got word that India is set to double the tax on coal
production, while promoting electric vehicles and renewable energy
projects.
I'm pretty sure there's some Luddite reporter in Mumbai right now
who's head's about to explode.
But that's neither here nor there.
While I'm no fan of regulatory regimes of any kind, I'd be lying
if I said I wasn't happy to know that a crap-ton of money is
getting funneled into renewable energy and electric cars in India,
and not coal. This is for two reasons...
1.) India is one of the most polluted countries in the world. And
while fuel wood, biomass, and traffic congestion are bigger
culprits when it comes to air pollution, certainly reducing
coal-fired power isn't going to hurt.
2.) Thanks to India's latest hard-on for renewable energy, we're
now presented with even more opportunity to profit from from the
inevitable transition of the global energy economy.
THIS IS HUGE
As it stands now, India plans to add 175 gigawatts of renewable
energy generation capacity by 2022. 100 gigawatts of that will
come from solar.
To put this in perspective, the U.S. currently has less than 18
gigawatts of solar capacity installed.
This is huge!
Analysts over Deutsche bank issued a report about a week ago
which indicated that by 2022, 25 percent of India's power will
come from solar. Analysts also suggested that solar will
ultimately become the dominant source of electricity around the
globe, generating 5 trillion in revenue over the next 15 years.
Deutsche bank notes that over the next 5 to 10 years, new
business models will generate a significant amount of economic and
shareholder value, and that "within three years, the economics of
solar will take over from policy drivers (subsidies)."
I love it!
Here's more...
As we look out over the next 5 years, we believe the industry
is set to experience the final piece of cost reduction -
customer acquisition costs for distributed generation are set to
decline by more than half as customer awareness increases, soft
costs come down and more supportive policies are announced.
While the outlook for small scale distributed solar generation
looks promising, we remain equally optimistic over the prospects
of commercial and utility scale solar markets.
We believe utility-scale solar demand is set to accelerate in
both the US and emerging markets due to a combination of
supportive policies and ongoing solar electricity cost
reduction. We remain particularly optimistic over growth
prospects in China, India, Middle East, South Africa and South
America.
The biggest solar player in India is Tata Solar Power, which is a
subsidiary of Tata Power.
Other solar companies with a solid foothold in India include
SunEdison (NYSE: SUNE)
and First Solar (NASDAQ: FSLR).
Definitely keep a close eye on India throughout the rest of this
year as new laws, regulations and incentives kick the Indian solar
market into overdrive.
Jeff Siegel is Editor of Energy and Capital, where this article was first published.
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Hello,
I'm writing because I need your help right now to protect a proposal that would help tens of thousands of Vermonters cut their energy use.
On Tuesday, the House is set to cast their final vote on a critical renewable energy bill (H.40), which would require Vermont utilities to provide their customers with renewable power.1 WE ALSO EXPECT A MOVE TO CUT PART OF THE BILL THAT WOULD GET NEW HELP TO OVER 85,000 VERMONT FAMILIES AND BUSINESSES TO CUT THEIR FOSSIL FUEL USE AND ENERGY BILLS by weatherizing their homes, installing cold climate heat pumps, and taking advantage of other energy upgrades through an "innovation tier".
Please take one minute right now to CALL THE STATE HOUSE AT 800-322-5616 AND LEAVE A MESSAGE FOR YOUR REPRESENTATIVE(S) to let them know you support efficiency, and want them to OPPOSE EFFORTS TO WEAKEN THE RESET PROGRAM.
Rep. Don Turner of Milton, House Minority Leader, has said he and his colleagues will attempt to strip that energy-saving innovation tier out of the bill. According to the Public Service Department, "If you lose [the innovation tier], you lose...275 million in customer savings" and half the bill's reductions in carbon pollution.2
Representative Turner told VTDigger we should "slow down" and take a "time out" on new programs that help Vermonters save energy. The reality is we're way behind on our state energy goals.2 VPIRG believes it's time to get real about cutting our energy use, and passing H.40 with these important provisions is a step in the right direction.
PLEASE TAKE A MINUTE TO CALL THE STATE HOUSE AND ASK YOUR REPRESENTATIVE(S) TO BLOCK ANY ATTEMPTS TO WEAKEN H.40.
Here's how to leave a message for your representative(s) at the State House:
* Call toll-free 800-322-5616 as soon as you can. The office is open from 8:00 am to 4:30 pm. Ask to leave a message for your representatives.
* Provide your Name, Town, Phone Number and Representative's name (YOU'LL NEED TO KNOW THIS BEFORE YOU CALL)
* Don't know your representative's name? Look it up here!
Let me know when you've made a call by sending an email to vpirg@vpirg.org.
Thanks for taking this critical and timely action
Dylan
VPIRG Clean Energy Associate
1. Find out more about what H. 40 would do
2. House Gives Preliminary Approval to Renewable Energy Bill, John Herrick, VT Digger, 2/272/2015.
