Politics and Economics:
¶ G20 leaders have repeatedly committed to phase out fossil fuel subsidies, which one estimate puts at 2.5% of global GDP. Despite the talk, not much progress has been made. [The Interpreter]
World:
¶ Chile which has one of the greatest potentials for geothermal energy development in Latin America, also lacked incentives for investment going past the exploratory phase. A strategic partnership with New Zealand aims to change that situation. [Aljazeera.com]
¶ Members of parliaments from India, Sri Lanka and Bangladesh are visiting London this week to urge the UK to be more ambitious in its transition to renewable energy and maintain a more active role at the international climate change negotiations. [Responding to Climate Change]
¶ Hit hard by a power crisis, the Indian state of Tamil Nadu is focusing on renewable energy. It has started on a major solar energy initiative, announcing a Solar Energy Policy, to generate 3,000 MW in the next few years. [The New Indian Express]
¶ Solaria Corporation, which is based in Fremont, California, has announced it has established operations in China to meet demand for high-efficiency large-scale solar projects in that country. [Your Renewable News]
¶ Japan’s Nuclear Regulation Authority is suspending operation of the Monju prototype fast breeder reactor because of the operator’s poor safety record. The operators continued to ignore safety procedures even after the Fukushima Disaster. [Asahi Shimbun]
US:
¶ Solar project developer AllEarth Renewables chose ReneSola panels for three separate community-scale solar power projects in Vermont in the last few months. The sites are at Williston, Bridport, and at New Leaf Organic Farm in Monkton. [Your Renewable News]
¶ Wind power has many benefits. One is better economic stability than traditional thermal generating systems that are subject changing conditions in fuel markets. Another is offering employment opportunities. [Today’s Energy Solutions]
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