Renewable_tax_ODT

Renewables Surge as Tax Credits OK’d Another 5 Years

On the surface, Congress’ approval of another five years of wind and solar tax credits seems like a hat tip to recent accomplishments at COP21. But the extension came with some odd bedfellows — like a landmark bill to open the path to fossil fuel exports and more money to fund a dying horse-racing industry.

Thiruvanmiyur Beach littered with debris in the aftermath of devastating floods in Chennai, India, Dec. 12, 2015.

Paris Outcome: Adapt or Bust

As the Paris climate negotiations closed, you heard a great deal of hope and optimism as well as congratulations for vision and progress emanating from COP21. Indeed, important commitments have been made – but they’re pledges, not actions, and they don’t reverse the adverse climate change underway. Which is why adaptation is more important than ever.

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What is an Internal Carbon Price, and Should My Business Implement One?

In response to these schemes, or in anticipation of future carbon-pricing legislation, this year the CDP reported that 437 large companies say they now use an internal carbon price in decision-making. This is an increase from just 150 in 2014. But what actually is an internal carbon price, and what are the advantages of implementing one?

Bellandur Lake, southeast of Bangalore, India, is so polluted that it caught fire in May 2015.

Environmental Laws and Compliance in India Should Follow Maslow’s Hierarchy of Needs

Humanist psychologist Abraham Maslow believed that people have an inborn desire to be self-actualized, to be all they can be. In order to achieve this ultimate goal and be productive, however, a number of more basic needs must be met first, such as the need for food, safety, love and self-esteem — known as Maslow’s Hierarchy of Needs. Similarly, environmental protection and compliance in a country like India will be successfully implemented and monitored if the basic needs and demands of human life are met first.

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COP 21: Putting the Pieces Together for Private-Sector Action

In the aftermath of COP21, private-sector action is key to reaching emissions reduction goals. The marketplace needs to feel confident that the technologies that help reduce carbon dioxide emissions, whether they are renewable energy or clean technology, are worthy of investment. Proven technologies such as solar and wind are fast emerging as attractive investment asset classes that provide investors with low technology risk and stable, higher returns over a period of 20 years or more. Now is the time for these technologies to take center stage in the financing world.

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Climate Health, Indigenous Land Rights Are Linked: COP21 Report

A semi-remote Brazilian tribe has turned high-tech in an effort to protect its tropical forest, which is being devastated by poachers. It’s the latest effort to safeguard indigenous lands, which hold more than a fifth of the worlds trees. That’s according to a report that was released at COP21 last week, calling for global action to ensure that the forests that are vital to offsetting carbon emissions aren’t cut down for commercial profit.

U.S. Secretary of State John Kerry takes his seat for a plenary session of the COP21 climate change conference.

COP21: Grand Success or Major Disappointment?

Bill McKibben, co-founder of 350.org said, “This didn’t save the planet, but it may have saved the chance of saving the planet.” Climate crusader James Hansen, who was among the first to sound the alarm, was less pleased with the level of compromise, calling the outcome a “fraud.” So, how should we feel about the COP21 outcome? Is it enough?

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A Pricing Alternative To COP21

As an economist, I have a jaundice view of the COP21 agreement. My skepticism ties to a lack of price signals included in the agreement. My question is: Can the world can realize a green economic revolution that delivers less pollution plus economic growth without including the cost of pollution at the cash register, meter and pump?

San Jose, The Climate Group, CDP, COP21, climate change, greenhouse gas emissions, clean energy, renewables, Leon Kaye, Japan, low carbon economy

The Who’s Who in the Low-Carbon Economy

A new report issued by CDP and the Climate Group reveals that many companies and governments are already preparing for a low-carbon economy.