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Costa Rica to become Latin American electric-car pioneer?

Costa Rica isn't what you'd call a bastion of automotive sales. The Central American country ,wedged between Nicaragua and Panama, is home to 4.8 million people who buy just 154,000 vehicles annually—less than 1 percent of the sales in the United States. But that won't deter the Costa Rican government from greening its fleet. It now aims to...

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Planet Earth, The Science of Global Warming, and the Causes and Prevention of Climate Change

The Goldilocks Planet Our planet, Earth, is the only planet in the known universe able to support life. I stress here the word, “known”, as statisticians are able to say… Planet Earth, The Science of Global Warming, and the Causes and Prevention of Climate Change was originally published on EV …

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Bidgely Raises $27 Million to Scale Energy Disaggregation for Utilities

Bidgely, the startup that combines energy disaggregation technology with utility customer connectivity, has raised a $27 million Series C round to help it serve more than 10 million homes with a blend of efficiency reports, energy usage alerts, and home energy audits. Tuesday's round is the largest yet for the Mountain View, California-based startup, and was led by Georgian …

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Could improving electric-car tax credit be possible even with today’s politics?

Rather to the surprise of electric-car advocates, the massive tax bill passed by the U.S. Congress in December did not eliminate the federal tax credit for purchase of a plug-in electric vehicle. That credit lets buyers take a credit of $2,500 to $7,500 on their income-tax filing in the year of purchase. Now, financial columnist James Stewart has...

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China More Than Doubles America’s 2017 Investments in Clean Energy, in a ‘Runaway’ Year

China hit record levels of clean energy investment in 2017, according to the latest annual analysis from Bloomberg New Energy Finance. The country increased its clean energy spending last year by 24 percent, to a total of $132.6 billion. Most of that money, $86.5 billion, went to solar. BNEF estimates China installed a “runaway” 53 gigawatts of PV capacity in 2017, which is approximately 20 more gigawatts than analysts originally …

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Saudi Arabia’s Ambitious Plans for Nuclear Energy

It's not clear that the plans will work as expected in terms of the announced timeline of completing 16 reactors (17.6 Gwe) by 2032. The cost of the program is close to $90 billion which over a period of more than two decades for a feasible schedule would involve a significant diversion of oil revenue […] The post Saudi Arabia's Ambitious Plans for Nuclear Energy appeared first on The Energy Collective. Click headline for full article

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Is An Oil Price Spike Inevitable?

The oil glut is over, at least when it comes to U.S. commercial inventories: over the past two months they have been within the average range for the season, thanks to hefty draws. These draws, one analyst argues, are a signal of higher-than-expected demand that is not only an American trend but a global one. […] The post Is An Oil Price Spike Inevitable? appeared first on The Energy Collective. Click headline for full article

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A Unifying Theory of Energy

A unifying theory of energy is the second installment of an energy trilogy beginning with The Energy/Environment Algorithm. Investopedia describes a ‘Tragedy of The Commons' as an economic problem in which every individual tries to reap the greatest benefit from a given resource. As demand exceeds supply consumers directly harm others who are no longer […] The post A Unifying Theory of Energy appeared first on The Energy Collective. Click headline for full article

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Nearly Half of Utility-Scale Capacity Installed in 2017 Came From Renewables

Once final data are in, EIA expects about 25 gigawatts (GW) of new utility-scale electric generating capacity to have been added to the power grid during 2017, nearly half of which use renewable technologies, especially wind and solar. Another 3.5 GW of small-scale solar net capacity additions are estimated to have come online in 2017. […] The post Nearly Half of Utility-Scale Capacity Installed in 2017 Came From Renewables appeared first on The Energy Collective. Click headline for full article

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New York City Will Divest Pension Funds from Fossil Fuel Companies

Today New York Mayor Bill De Blasio announced a goal to divest New York City's pension funds from fossil fuel reserve owners within five years. This makes New York the first major American city to announce such a move. According to a statement, the city's five pension funds have approximately $5 billion invested in over 190 […] The post New York City Will Divest Pension Funds from Fossil Fuel Companies appeared first on The Energy Collective. Click headline for full article

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NASA Study Underscores Urgency of Solving the Global Methane Problem

A new NASA study suggests methane emissions from fossil fuels may be responsible for half of the recent rise in global atmospheric methane concentrations. While we've known for some time that methane levels have been increasing worldwide, it hasn't been clear why. The research narrows uncertainty as to both the sources and trends influencing global […] The post NASA Study Underscores Urgency of Solving the Global Methane Problem appeared first on The Energy Collective. Click headline for full article