In June, the U.S. Environmental Protection Agency (EPA) proposed a rule to restrict the amount of carbon dioxide released from power plants. The rule calls for reducing carbon 30 percent by 2030 over 2005 levels. Many have praised the aggressive proposal, while others are less favorable.

The last two months have not been kind to clean energy stocks. Most commentators attribute the weakness to declining oil prices and the Republicans' strong showing in the midterm elections.

The lush hills of Strangford Lough are truly a place of magic scenery. Portaferry, a small fishing village, is located one hour’s drive from Belfast in Northern Ireland, and is today perhaps most famous for being close to the location where blockbuster Games of Thrones is filmed. In this idyllic fishing village, struggling with a high unemployment rate and a diminishing population, something new and prosperous is growing. Looking out over the calm waters of Strangford Lough, one could hardly believe that under the ocean surface — that electricity can be produced.

President Obama has been under intense scrutiny for what he would do about climate change ever since he was elected in 2008. Part of that scrutiny takes place during his State of the Union Speech, when renewable energy proponents search for key words about solar and wind energy and count how often he mentions "climate change."

Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.

The UN climate conference in Lima set the stage for Paris in 2015. Next year’s accord is to provide a working, albeit not a final, answer to the question: Is it possible to keep global warming at or below the 2 degree Celsius limit? This limit is considered the boundary beyond which the negative climatic, economic and social consequences of climate change are thought to become intolerably severe and potentially irreversible.

The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.

A tool only has value if it’s used. For example, you could be the sort of person who’s set a goal of wanting to exercise more. If someone gives you a nifty little Fitbit to help you do that, and you never open the box, how useful, then, is this little device? The same is true about smart energy management solutions: good tools exist, but whether it’s calories or energy use that you want to cut, at some point those helpful devices need to be unpacked.

Oil prices have fallen by more than half since July. Just five years ago, such a plunge in fossil fuels would have put the renewable-energy industry on bankruptcy watch. Today: Meh.

Researchers at Chalmers University of Technology have discovered that the insulation plastic used in high-voltage cables can withstand a 26 per cent higher voltage if nanometer-sized carbon balls are added. This could result in enormous efficiency gains in the power grids of the future, which are needed to achieve a sustainable energy system.

The Obama administration is proposing a $4 billion fund to reward states that exceed cuts in greenhouse-gas emissions, and wants Congress to back steeper royalty rates for oil, gas and coal extraction from public land.

Labor, business, and environmental leaders have formed a unique coalition that will urge Illinois lawmakers to pass new standards for energy efficiency and renewable energy, leading to tens of thousands of new, local jobs.

In a previous article, I had a conversation with former-CIA chief Jim Woolsey to discuss one of America’s greatest national security vulnerabilities, its power grid. The issues that Woolsey has been concerned with for over a decade has been the ease in which a terrorist group or other actor (think North Korea for example) could attack the grid and plunge the country into darkness for months, if not years. And if that seems far-fetched, just recall how a tree limb fell in Ohio in 2003 and blacked out the entire Northeast and part of Canada for several days.

In a crammed Washington conference room last week, speaker after speaker seemed to apologize for their ‘broken record’ talking points as Bloomberg New Energy Finance and the Business Council for Sustainable Energy unveiled their annual Factbook. But, of course, they were only being honest — like 2013 before it, 2014 had been an unprecedented year for clean energy.

Last year the U.S. Environmental Protection Agency (EPA) proposed its aggressive Clean Power Plan (CPP), which calls to reduce carbon emissions 30 percent by 2030 over 2005 levels. States are required to submit reduction plans that can include increasing renewables, efficiency, and cap and trade programs by June 2016.

India said cheaper credit along with foreign investment will help the world’s third-largest polluter fund an ambitious renewable energy program that would build green power plants faster than China.

When I worked at the New York Attorney General's Office, we sued coal-fired power plants because their air pollution was making people sick. But in some towns, I saw that the reliance on coal really had people in a bind. The coal plant was making them sick, but it was also a major tax generator for the town. If the plant closed, the town might have to lay off teachers and cops, in addition to losing the plant jobs.

The renewable energy industry has come a long way in relatively little time. The costs of renewable technologies continue to go down, while renewable capacities at many utilities continue to go up. Although, in many cases, renewable technology is mature and ready for utility-scale deployment, state and federal production and investment tax policies appear less evolved.

The European Commission has unveiled “A Framework Strategy for a Resilient Energy Union with a Forward-Looking Climate Change Policy,” which is a key plank in the development of its plans for Europe’s energy sector through 2030.

The annual outlook issue of Renewable Energy World magazine is our attempt to predict what will happen within the renewable energy industry over the course of the year. To do this, we went straight to the top of major renewable energy companies, asking CEOs and presidents to tell us where they are devoting their company resources in order to capitalize on some of the market growth that they expect to see in 2015.

Global emissions were unchanged last year, the first time that’s happened amid economic growth in four decades, according to the International Energy Agency.

Sweden and Norway agreed to boost their target for renewable energy production amid concerns the additional capacity will exacerbate a power glut and strain the region’s electricity grid.

President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.

Following the conclusion of the United Nations climate negotiations in Lima, Peru, last December, a busy schedule of breakout sessions has begun for Latin American business and political leaders in early 2015.

The U.K. company planning the world’s first tidal-lagoon power station said its next plant may generate electricity at almost half the price.

Beijing, where pollution averaged more than twice China’s national standard last year, will close the last of its four major coal-fired power plants next year.

U.K. electricity from low-carbon sources accounted for almost a quarter of the country’s generation in the fourth quarter as Drax Group Plc converted a second coal-power plant to burn wood.

This week New York Governor Andrew M. Cuomo announced the signing of an agreement between the New York Power Authority (NYPA) and State University of New York Polytechnic Institute (SUNY Polytechnic) that aims “to create a world-class facility devoted to energy technology innovation and the rapid deployment of smart-grid technology to modernize New York's electric grid.”

It’s been a big news day in the U.S. Senate, with Senate Democratic Leader Harry Reid announcing he won’t run for another term.

Mexico has become the first developing nation to formally promise to cut its global-warming pollution, a potential milestone in efforts to reach a worldwide agreement on tackling climate change.

What do the following have in common: New Zealand, South Korea, Switzerland, Kazakhstan, Quebec, Alberta, Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, Vermont, California, Beijing, Guangdong, Hubei, Shanghai, Shenzhen, Chongqing, Tianjin, Tokyo, Kyoto, Saitama and 28 countries in Europe?

Investors have spent more than $2 trillion on clean-energy plants in the past decade and last year added more renewable capacity than ever before.

A report released recently by the International Energy Agency's Ocean Energy Systems shows that the marine and hydrokinetic sector moved closer to commercial viability through 2014.

A "dark horse" is defined as a little-known entity that emerges to prominence in the face of competition — a contestant that seems unlikely to succeed. I borrow the term from a conversation last week, wherein India was referred to as the dark horse in the global race to go solar.

The Government of Egypt has said that it must invest US$12 billion in the electricity sector over the next five years in order to meet that country’s urgent electricity demands — and renewable energy will be a key component.

A $2 trillion push in the U.S. to blend renewable energy into the power supply and fortify transmission lines against extreme weather means that Americans must act more like Europeans to keep their power costs down.

Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.

European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.

The surprise Conservative victory in the recent UK elections have some worrying about the future of renewable and climate progress, but officials are now calming those fears.

Ongoing growth in renewable energy investment and deployment is creating jobs worldwide — and lots of them. This job growth is helping governments address a fundamental economic problem plaguing developed and developing countries alike. Deploying renewables rather than fossil fuel capacity is also reducing greenhouse gas (GHG) emissions and other environmental pollution that holds the threat of a sixth great extinction.

The United States is experiencing a significant shift in its energy landscape. Last year, utility-scale wind and solar power combined for 47 percent of new generation capacity in the U.S. Based on this expansion, 11 states now generate more than 10 percent of their electricity from solar, wind, and geothermal power, with three of these states — Iowa, South Dakota, and Kansas — exceeding 20 percent. In 2014, California became the first state in the nation to garner 5 percent of its electricity from utility-scale solar. When including hydropower, four states —Idaho, Washington, Oregon, and South Dakota — now exceed 70 percent renewables generation.

Every industry has its challenges and misunderstandings. Sometimes the obstacles we face in simply trying to do our jobs can be very frustrating.

The European Commission raised concern that the U.K. and France may not meet their 2020 renewable energy targets, saying the two countries should examine whether they’re doing enough to reach the goals.

Carbon emissions in 2014 remained at the previous year’s levels of 32.3 billion metric tons — a milestone that points to the impact worldwide renewable energy investment is having in the face of a 1.5 percent annual increase in global energy consumption, according to a new report from REN21. The tenth annual Renewables 2015 Global Status Report cites “increased penetration of renewable energy” and improvements in energy efficiency as the chief reasons for the noted emissions stabilization.

Pope Francis turned a keen eye toward the environment and the problem of climate change with his encyclical,“Laudato Si” (“Praised Be”). As a clean energy advocate, I’m heartened that Pope Francis recognizes the need to transform our energy system.

Oregon Gov. Kate Brown, Democrat, has proclaimed “July 13-17, 2015 to be Oregon Wave Week in Oregon and encourages all Oregonians to join in this observance.”

This month alone, we Americans celebrated our nation’s birthday, capped off perfectly by the USA women’s soccer team’s sensational 5-2 victory in the World Cup final. As we hit the halfway point of 2015, the clean-energy industry also has much to celebrate, much of it in the month of June alone and much of it financial.

Publicly, the United Nations climate-change talks look mired in disputes over everything from money to the length of the proposed agreement.

In a lopsided 23-3 vote, the U.S. Senate Finance Committee voted yesterday to extend a number of renewable energy production tax credits through the end of 2016. The vote allows developers of wind, geothermal, biomass, landfill gas, incremental hydroelectric, and ocean energy to take advantage of federal tax credits for projects begun before December 31, 2016.

Chief among big renewable winners was the wind energy industry, which received extensions to the Production Tax Credit (PTC) and the Investment Tax Credit (ITC). If passed, wind farms would qualify for a 2.3-cent-per-kilowatt-hour (kWh) credit through the end of 2016.

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

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