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Australia Seeks to Reduce Renewable Energy Target to ‘Real’ 20 Percent

Prime Minister Tony Abbott’s government will negotiate with the opposition to cut Australia’s renewable energy target and exempt industries such as aluminum and copper smelting.




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UN Sees Irreversible Damage to Climate Caused by Fossil Fuels

Humans are causing irreversible damage to the planet from burning fossil fuels, the biggest ever study of the available science concluded in a report designed to spur the fight against climate change.




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Fossil Fuels Reap $550 Billion in Subsidies, Hindering Renewables Investment

Fossil fuels are reaping $550 billion a year in subsidies and holding back investment in cleaner forms of energy, the International Energy Agency said.




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Peru to Unveil Plans for Renewable Power Auction

Peru’s government is set to announce plans for a renewable-energy auction during a global climate conference to be held next month in Lima.




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German Utility EON To Ditch Fossil Fuel Arm, Focus on Renewables

EON SE’s plan to spin off its fossil fuel plants marks a watershed moment in Germany’s renewables effort that will likely bolster the country’s already leading position in clean energy.




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India Plans Renewables Splurge, But Will Not Commit to Carbon Plan

India, the world’s third-largest polluter, will spend at least $100 billion on climate-related projects but isn’t ready to follow China and the U.S., the top two emitters, in promising to limit its fossil-fuel emissions.




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Renewable Energy Expanding in South Africa

South Africa plans to triple electricity production from renewable-energy sources to help alleviate power shortages that caused rolling blackouts throughout the country in recent weeks.




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Japan Toughens Rules for Renewable Energy Incentive Payments

Japan’s trade ministry is setting stricter rules for production and sales of renewable energy in what it says is a drive to speed up development of projects and ensure stable power supply.




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Norway Utility Plans to Invest as Much as $8.1 Billion in Renewables

Statkraft AS, Norway’s state-owned power company, said it plans to plow as much as 60 billion kroner ($8.1 billion) into renewable energy around the world in the coming years after the government boosted its funding.




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California Governor Seeks to Increase Renewable Energy Mandate to 50 Percent

California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state’s renewable energy mandate to 50 percent.




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Utility GDF Suez Plans to Double European Renewable Capacity by 2025

GDF Suez SA plans to double renewable power production capacity in Europe over the next decade as the utility shifts its focus away from developing more historic natural gas and nuclear energy sources in the region.




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Brazilian Bank Raises $408 Million for Renewable Energy and Water Projects

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




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Enel Putting Final Touches on Yieldco for US Renewable Assets

Enel SpA is putting the final touches on a yieldco that would hold its U.S. renewable energy assets, making it the latest power-plant owner to opt for a structure that frees up capital.




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India Renewables Boom Aided by International Funds

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.




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Apple To Build Two Renewable-Powered Data Centers in Europe

Apple Inc. plans to spend 1.7 billion euros ($1.9 billion) building data centers in Ireland and Denmark in its biggest European investment, with the facilities set to run services such as iTunes and maps for users of its devices.




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Chile Gets Cleaner at a Profit with Renewable Energy Push

Policies favoring clean energy and increased competition would normally dim prospects for existing producers. Not in Chile, where foreign investors are driving a renewable boom at a time of surging returns by local utilities.




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Sweden, Norway Increase Renewable Target Amid Power Glut Concern

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.




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Investors Spent a Record $2 Trillion on Renewables, Report Says

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.




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Republican Texas Bows to California and Backs Energy Finance Plan

Jim Keffer is Republican state lawmaker in Texas with a permit to carry a concealed weapon and doubts about whether human activity is causing global warming.




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Nordic Renewables Boom Set to Exceed Wind Energy Target

Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.




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Green Bonds Sprout as Wall Street Embraces Renewable Energy Debt

Bonds backing clean energy and other sustainable initiatives are booming. Investors are snapping up green bonds at the fastest pace on record, as big banks like Morgan Stanley and Bank of America Corp. pile in with new issuance to feed the growing appetite for socially responsible investments.




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EU Raises Concern That UK, France Won't Meet Renewables Goal

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.




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German Utility's Race for Renewables Seen as Too Little, Too Late

RWE AG, the German utility whose coal-fired plants make it Europe’s largest carbon emitter, officially started the company’s largest renewables project on Thursday: a wind farm in Liverpool Bay off Britain’s coast.




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Renewables to Beat Fossil Fuels With $3.7 Trillion Solar Boom

Renewable energy will draw almost two-thirds of the spending on new power plants over the next 25 years, dwarfing spending on fossil fuels, as plunging costs make solar the first choice for consumers and the poorest nations.




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Australian Renewable Energy Law Paves Way for $11 Billion in Projects

Long-frustrated wind and solar developers in Australia can now get to work on more than A$14 billion ($11 billion) in projects after a new renewable energy target passed parliament.




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Major US Corporations Pledge To Increase Renewable Energy Usage, Decrease Carbon Footprint

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

For more, see Big Companies, Big Renewable Investments.




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Financing Sustainable Business with Biomass Technology

As a carbon-neutral energy source, biomass technology is helping organizations generate electricity and heat while reducing their carbon footprint and greenhouse gas emissions.




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Brexit: Insights from Renewable Energy Businesses

Brexit; It’s been the buzz word dominating the media recently and it’s likely to continue for some time. The UK’s decision to leave the EU has left both supporting sides of the ‘leave’ and ‘remain’ campaign in a somewhat collective state of uncertainty as to how this decision will impact the country right now and in the future years.




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Riding a Cloud: NVIDIA Acquires Network-Software Trailblazer Cumulus

Cloud data centers are evolving to an architecture that is accelerated, disaggregated and software-defined to meet the exponential growth in AI and high performance computing. To build these modern data centers, HPC and networking hardware and software must go hand in hand. NVIDIA provides the leading accelerated computing platform. Mellanox is the high-performance networking leader, Read article >

The post Riding a Cloud: NVIDIA Acquires Network-Software Trailblazer Cumulus appeared first on The Official NVIDIA Blog.




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NVIDIA Deep Learning Institute Instructor-Led Training Now Available Remotely

Starting this month, NVIDIA’s Deep Learning Institute is offering instructor-led workshops that are delivered remotely via a virtual classroom. DLI provides hands-on training in AI, accelerated computing and accelerated data science to help developers, data scientists and other professionals solve their most challenging problems. These in-depth classes are taught by experts in their respective fields, Read article >

The post NVIDIA Deep Learning Institute Instructor-Led Training Now Available Remotely appeared first on The Official NVIDIA Blog.




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Riding a Cloud: NVIDIA Acquires Network-Software Trailblazer Cumulus

Cloud data centers are evolving to an architecture that is accelerated, disaggregated and software-defined to meet the exponential growth in AI and high performance computing. To build these modern data centers, HPC and networking hardware and software must go hand in hand. NVIDIA provides the leading accelerated computing platform. Mellanox is the high-performance networking leader, Read article >

The post Riding a Cloud: NVIDIA Acquires Network-Software Trailblazer Cumulus appeared first on The Official NVIDIA Blog.




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NVIDIA Deep Learning Institute Instructor-Led Training Now Available Remotely

Starting this month, NVIDIA’s Deep Learning Institute is offering instructor-led workshops that are delivered remotely via a virtual classroom. DLI provides hands-on training in AI, accelerated computing and accelerated data science to help developers, data scientists and other professionals solve their most challenging problems. These in-depth classes are taught by experts in their respective fields, Read article >

The post NVIDIA Deep Learning Institute Instructor-Led Training Now Available Remotely appeared first on The Official NVIDIA Blog.




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Bible Questions and Answers, Part 66 (Selected Scriptures)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Bible Questions and Answers, Part 65 (Selected Scriptures)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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The Beauty and Blessing of Forgiveness, Part 1 (Philemon 1–3)

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Taking Sin Seriously at the Lord’s Table (James 1:13–17)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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The Inescapable Law of Sowing and Reaping (Galatians 6:7-10)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Bible Questions and Answers, Part 67 (Selected Scriptures)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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The Next Event on God’s Prophetic Timetable (1 Thessalonians 4:13-18)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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The Next Event on God’s Prophetic Timetable, Part 2 (1 Thessalonians 4:13-18)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Thinking Biblically About Social Justice (Panel Q&A) (Selected Scriptures)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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The Humble Coronation of King Jesus (Matthew 21:1-11)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Election: Christ’s Honor and Our Blessing (2 Thessalonians 2:13-17)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Irreconcilable Views of Reconciliation (Voddie Baucham) (Ephesians 2:11-22)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Does the Bible Permit a Woman to Preach? (1 Corinthians 14:33-38)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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God’s Exaltation of the Humble One (Philippians 2:9-11)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Bible Questions and Answers, Part 70 (Selected Scriptures)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Acceptable Worship, Part 1 (John 4:20-24)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Acceptable Worship, Part 2 (John 4:20-24)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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Bible Questions and Answers, Part 71 (Selected Scriptures)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.