Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST]

Credit to Author: Aaron Larson| Date: Wed, 04 Dec 2019 14:37:30 +0000

The post Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST] appeared first on POWER Magazine.

The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity. According to an October-released study conducted by the consulting firm Analysis Group, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more […]

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ExxonMobil Extends Deal for Fuel Cell Carbon Capture Project

Credit to Author: Darrell Proctor| Date: Mon, 11 Nov 2019 22:15:52 +0000

The post ExxonMobil Extends Deal for Fuel Cell Carbon Capture Project appeared first on POWER Magazine.

ExxonMobil and FuelCell Energy announced a new joint-development agreement to enhance carbon capture fuel cell technology, as the groups work on a process to capture combustion exhaust from power plants and other industrial facilities. The two-year deal, announced Nov. 6 and an extension of an earlier agreement, is aimed at optimizing core technology, process integration, […]

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UN Scientists Say There Is A Way To Delay Climate Change For 20 Years For Pocket Change

Credit to Author: Steve Hanley| Date: Fri, 25 Oct 2019 17:15:09 +0000

desertification and climate changeScientists at the UN say an investment of $300 billion would buy the world 15 to 20 years to figure out how to solve the climate crisis. That’s how much the world spends on military defense every 60 days.

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Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050

Credit to Author: Sonal Patel| Date: Thu, 19 Sep 2019 14:11:08 +0000

The post Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050 appeared first on POWER Magazine.

Two formidable U.S. coal power generators this week separately revised their their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but […]

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Report: CO2 Emissions from Power Sector Rising

Credit to Author: Darrell Proctor| Date: Tue, 08 Jan 2019 20:05:21 +0000

A new study from an economic research group shows that U.S. emissions of carbon dioxide (CO2) rose about 3.4% last year, including a 1.9% rise in emissions from power generation. The New York-based Rhodium Group, which released its findings on Jan. 8, said its study used data from the U.S. Energy Information Administration (EIA) and […]

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