• High Cost of Green Power Makes Projects Tougher Sell

    • Date: 09/11/10

    Michael Polsky’s wind farm company was doing so well in 2008 that banks were happy to lend millions for his effort to light up America with clean electricity. But two years later, Mr. Polsky has a product he is hard-pressed to sell. His company, Invenergy, had a contract to sell power to a utility in […]

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  • India Calls For Global Energy Hunt

    • Date: 08/11/10

    Premier Manmohan Singh told India’s energy firms on Monday to scour the globe for fuel supplies as he warned the country’s demand for fossil fuels was set to soar 40 percent over the next decade. The country of more than 1.1 billion people already imports nearly 80 percent of its crude oil to fuel an […]

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  • Obama’s Top Advisers Warn Against Green Subsidies

    • Date: 06/11/10

    President Obama’s top advisers recommended cutting off funding for a federal loan-guarantee program meant to spur the construction of wind and solar farms and other alternative energy projects, saying taxpayer dollars might be better spent elsewhere. But the advisers, including Mr. Obama’s outgoing National Economic Council Director Lawrence Summers, energy policy czar Carol Browner and […]

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  • Green Angst About Green Subsidies

    • Date: 02/11/10

    Two new power stations that use a fuel critics say contributes to the destruction of rainforest in south-east Asia may be built in the UK through subsidies added to customer bills. The two plants in the south of England would run on palm oil, which in many cases is sourced from plantations sited on cleared […]

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  • Green Jobs Aren’t Renewable Energy’s Value Proposition

    • Date: 01/11/10

    The recession and its aftermath have been simply awful for the emerging renewable energy industry, even though governments have tried hard to insulate the industry from the worst effects of the slowdown. Not only did the recession make it much harder for renewable energy projects and technologies to secure financing, due to weak demand and […]

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  • Wind Farm Revolts Spread Across Britain

    • Date: 28/10/10

    Local revolts by British residents against wind farms are to blame for the number of planning approvals hitting record lows, an industry report has warned. More than 230 campaign groups across the country are putting plans to generate more than a quarter of Britain’s electricity in jeopardy, it was claimed. New figures show one in […]

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  • Scottish Wind Turbine Firm Goes Bust

    • Date: 27/10/10

    A WIND turbine manufacturer which received around £15m of support from the Scottish government to set up and expand a manufacturing site at Machrihanish has gone bust. Danish company Skykon was hailed as an economic saviour for the Kintyre area after it took over the former Vestas factory in the spring of last year. The […]

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  • Thousands Of Green Jobs Go Up In Smoke As Subsidies Are Cut

    • Date: 26/10/10

    Vestas, the world’s largest wind power company, is to cut up to 3,000 jobs – some 14 per cent of its global workforce – because of excess capacity and a cut in order expectations in Europe. The closures of four production facilities in Denmark and one in Sweden were announced on Tuesday with the Denmark-based […]

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