March 8 Green Energy News

Headline News:

  • Permafrost, or frozen soil, is rapidly collapsing across a 52,000 square mile area in northwest Canada – about the size of the entire state of Alabama. New research from the Northwest Territories Geological Survey finds the permafrost thaw is intensifying, a dramatic disintegration that could speed up climate change. [Inhabitat]
Permafrost collapse

Permafrost collapse

  • “Trump’s Sisyphean Coal Revival Requires A Battle With The Free Market” • The US coal sector was in free fall when Donald Trump was elected president. Now he’s vowing to turn it around. Unfortunately for coal, government regulations have very little to do with coal’s problems. King Coal us up against natural gas and wind power. [Forbes]
  • Australian solar power is headed for a “huge year” in 2017, on the back of a boom in the large-scale market and a home solar and storage market, a report said. In fact, the market is expected to treble. The Climate Council’s State of Solar 2016 said solar is now the cheapest form of new large-scale power generation. [CleanTechnica]
  • A Bloomberg report says that, Consol Energy, a Pennsylvania-based energy producer that has billed itself as “one of the largest independent natural gas exploration, development, and production companies,” has hired advisers from Credit Suisse Group AG and Bank of America Corp in an effort to move ahead on divesting its coal business. [CleanTechnica]
  • State tax credits enacted in 2003 for renewable energy production have helped to create an industry in New Mexico, generating more than 11,000 jobs and $1.6 billion in economic activity, according to a new study. It says, “Taxpayers are getting a huge return on their investments …” The tax credits are set to expire in 2018. [Santa Fe New Mexican]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

 

March 8 Green Energy News posted first on Green Energy Times

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