Sustainable Energy

An excavator at the Athabasca project near Fort McMurray in Alberta. Shell has cut its interest in the project as part of a retreat from tar sands. Photograph: Mark Ralston/AFP/Getty Images

Carbon-heavy assets offloaded for $8.5bn as company ties 10% of directors’ bonuses to how well it manages emissions

theguardian.com - March 9, 2017

Royal Dutch Shell has agreed to sell most of its carbon-heavy Canadian oil sands assets for $8.5bn (£7bn) as the chief executive warned that the industry risked losing public support without progress towards cleaner energy.

The world’s second largest publicly-traded oil company plans to increase its investment in renewable energy to $1bn (£800m) a year by the end of the decade, Ben van Beurden said on Thursday, although it is still a small part of its total annual spending of $25bn (£20.5bn). 

Shell also said that 10% of directors’ bonuses would be tied to how well it manages greenhouse gas emissions in refining, chemical and upstream operations.

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news.morningstar.com - by Cassandra Sweet - March 4, 2017

California utilities including PG&E Corp., Edison International and Sempra Energy are testing new ways to network solar panels, battery storage, two-way communication devices and software to create "virtual power plants" that manage green power and feed it into the power grid as needed.

The Golden State is ramping up renewable energy as it pledges to be a bulwark against the Trump administration's pro-fossil fuel policies. But first, it has to figure out what to do with all the excess power it generates when the sun is shining and the wind is blowing.

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Wind energy in Sweetwater, Texas. Photograph: Katie Hayes Luke for the Guardian

Climate change in the US: the dangers and the solutions

The most oil-rich and fracking-friendly of states has found itself with the improbable status of being a national leader in a wind energy boom

theguardian.com - by Tom Dart in Sweetwater, Texas, and Oliver Milman in New York - February 20, 2017

Living in New York and Washington, Greg Wortham heard all the grand talk about green energy from liberal politicians. Then he returned to the place where he grew up, a small town that embraced wind power so warmly that within a couple of years of the first turbine turning, it had some of the biggest farms on the planet.

Yet Wortham is not from California, Oregon or New England, but a deeply conservative sector of Texas on the edge of the Permian Basin, one of the most bountiful oil and gas patches in the world.

The welcome sign that greets motorists as they arrive in Sweetwater along Interstate 20, a three-hour drive west of Dallas, is not in the shape of an oil derrick or pumpjack, though: it’s a wind turbine blade bearing the town’s motto, “Life is sweet in Texas”.

Image: A wind farm in Pomeroy, Iowa. The wind power industry is booming in the United States, with wind-farm technician projected to be the country’s fastest-growing occupation over the next decade. Credit Jim Watson/Agence France-Presse — Getty Images

nytimes.com - January 2nd 2017 - Justin Gillis

With Donald J. Trump about to take control of the White House, it would seem a dark time for the renewable energy industry. After all, Mr. Trump has mocked the science of global warming as a Chinese hoax, threatened to kill a global deal on climate change and promised to restore the coal industry to its former glory.

So consider what happened in the middle of December, after investors had had a month to absorb the implications of Mr. Trump’s victory.