SRI Professionals Survey: Majority of Retail, Institutional Investors Interested in “Fossil Fuel-Free Portfolios”
The European Union should scrap fossil fuel and renewable energy subsidies and set a target to cut oil imports to remain the leader in the fight against global warming, according to Poland's environment minister.
The Senate Committee on Energy and Natural Resources met Thursday, May 16th, to vote on a series of measures that included S. 363, The Geothermal Expansion and Production Act. The legislation was sponsored by Senator Wyden (D-OR), and co-sponsored by Senators Murkowski (R-AK), Begich (D-AK), Crapo (R-ID), Risch (R-ID) and Merkley (D-OR).
The penetration of renewable energy into the electricity supply mix has been much in the news recently. During the first quarter, Portugal generated three-quarters of its electricity with renewable energy. Meanwhile, in Germany, one-fifth of all electricity was generated with renewables, most of that from new sources of renewable energy, such as wind and solar. And recently, at a conference in San Francisco, attendees heard calls for generating not just 100 percent of electricity supply with renewable energy, but far more — 200 percent to 300 percent of generation — in order to meet the need for heating, cooling, and transportation as well.