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Solarpower is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA). gigawatts (GW) of planned solar projects expected to come online this year is almost double the previous 13.4 Solar” only includes large-scale solar.
The Tokyo Olympics will be powered by a fuel with ambition – hydrogen. The Olympic village will be powered by hydrogen made at a solarpower plant in the exclusion zone created after the Fukushima nuclear accident a decade ago. Grey is made from natural gas or coal, and has a large carbon footprint.
Acknowledging that the United States is a leading contributor to carbon emissions, the Biden administration has committed to cutting US emissions 50 to 52 percent below 2005 levels by 2030.
Miners make more profit if they spend less on electricity so some are making the move away from expensive fossil fuels and towards renewable energy such as solar and windpower. Once the mining company has paid for the solar panels, turbines, and other equipment, their energy expenditure is greatly reduced.
The first pillar, “ Cut Carbon Pollution in America ,” describes policies aimed at combatting the causes of climate change, principally by cutting carbondioxide emissions. The Climate Action Plan presents three policy “pillars.”
Here in New York, for example, we already have three forms of more or less direct carbon pricing. The most direct of these is imposed on certain fossil fuel power plants by requiring them to purchase carbondioxide emissions allowances as part of the Regional Greenhouse Gas Initiative.
The new global record in the generation of renewable energy was powered primarily by solar and wind. Solarpower has been the fastest growing source of electricity in the world for 19 years in a row according to Ember’s Global Electricity Review 2024. More on that shortly. But first, the undeniably good news.
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