Energy Exchange

Purchasing power over politics: American consumers buy more clean energy and electric vehicles

Americans are switching to cleaner cars and electricity. In addition to being smart purchases, these clean energy choices could be a political statement. Consumers are choosing to use their hard-earned dollars to show what they want: clean energy, a clean economy, and government policies that reflect their values.

Last month, electric-car company Tesla was valued higher than General Motors, making it the most valuable U.S. carmaker based on market capitalization. Despite low gas prices, U.S. sales of plug-in electric vehicles increased by 70 percent in January from the same month in 2016. The Chevrolet Volt alone saw an 84 percent increase during the same time.

The increase in electric car sales isn’t surprising in light of The Consumer as Climate Activist, a scientific article published by researchers from Yale University, George Mason University, and the University of Texas. They found that Americans are more likely to engage in consumer activism than political activism to combat climate change. And consumer activism for clean energy is on the rise. Read More »

Also posted in Clean Energy, Electric Vehicles, Energy Efficiency, Solar Energy / Read 1 Response

Four reasons to be optimistic this Earth Day

I’m going to stay positive this Earth Day. I know that’s not what you might expect from me this year, but really, when it comes to America’s shift to cleaner, smarter, advanced energy, there’s reason to be optimistic.

  1. Business is booming…

The advanced energy industry is booming. This includes everything from solar and wind power, to new energy innovations that are smarter and reduce our reliance on fossil fuels, like energy storage, electric vehicles, energy efficiency, and demand response.

The industry grew 29 percent in the last five years, and last year was worth $200 billion – about the same size as the pharmaceutical industry. Tesla – a sort of poster child for the advanced energy industry – just passed Ford Motor Company and General Motors in market cap. In fact, the company dropped “motors” from its name last year, a simple recognition that it’s far more than a car company. Read More »

Also posted in California, Clean Energy, Demand Response, Illinois, Ohio, Solar Energy, Time of Use / Comments are closed

More Subsidies than You Think Influence the Cost of Electricity

The Texas electricity market is evolving. Low prices have helped natural gas become the dominant electricity generation resource, surpassing coal for the first time. The state’s unique competitive wholesale market, along with recently built transmission lines, have led to exciting opportunities for the rapid development of wind and solar generation. But in looking at the cost of various fuel sources and Texas’ energy future, confusion about electricity subsidies needs to be addressed.

Yes, wind and solar power have recently benefitted from the federal Production Tax Credit and Investment Tax Credit. That said, it’s important to recognize that natural gas and coal generation have enjoyed state and federal incentives for a century, and continue to do so.

The tax benefits for wind and solar generation are not the same as those for fossil fuel generation, but each plays a similar role: Tax benefits affect the final cost of electricity. Read More »

Also posted in Natural Gas, Solar Energy, Texas / Comments are closed

The President Should Understand Clean Energy is a Bipartisan Issue.

Last Friday, students at UC Berkeley hosted their 8th annual Energy Summit about the future of federal energy policy under the Trump Administration. It was refreshing to hear a respectful discussion — participants from people from private industry, non-profits and business exploring serious solutions — and listening with respect to all sides — including a conservative Trump supporter on a panel with me.

There was a remarkable amount of agreement — which is very surprising in these divisive times. But we should not be surprised: When we get together we can find a lot of common ground. The reality is that most Americans want clean energy and the freedom and prosperity that comes with it. Yes, there is controversy about the future of coal — but there is consensus in our country about the future for clean energy. Read More »

Also posted in Clean Energy, Energy Efficiency, Renewable Energy, Solar Energy / Tagged | Comments are closed

4 Signs Texas Could Lead the Clean Energy Economy – But Will It?

“If you want to know how wind works for America, just ask a Texan.” That’s according to Tom Kiernan, CEO of the American Wind Energy Association (AWEA), which just released its newest wind industry market report.

The AWEA report shows Texas is the nation’s indisputable wind powerhouse, including serving as home to nearly a quarter of America’s wind jobs. But wind is just one piece of the puzzle, and recent reports confirm the pieces are in place for Texas to blaze the clean energy trail.

Wind is thriving in Texas and solar is growing, while the electric grid remains reliable and billions in savings await. But the Lone Star State can do more: California has more than 10 times as many solar jobs with less than a quarter of Texas’ solar potential. When it comes to clean energy, will lawmakers during this 85th Texas Legislative Session position the state to lead the nation? Read More »

Also posted in Clean Energy, Solar Energy, Texas / Comments are closed

Texas Leaders Can Use Clean Energy to Increase Investments and Create Jobs. Here’s How.

GA_Washington_DC4It’s that time again. Texas leaders are meeting in Austin for the 85th Legislative Session and the next five months will be an interesting wrestling match over human rights, voting rights, bathroom rights, and local rights.

But what about our economic rights? A new report Environmental Defense Fund (EDF) issued to the Texas Legislature, Texas’ Clean Energy Economy: Prioritizing Jobs, Investments, and Growth, shows the Lone Star State’s evolving electricity landscape has created enormous economic growth and jobs. The report explores the policies put in place years ago that has allowed Texas’ power market to become cleaner and more affordable, and it outlines the state’s impressive job growth in energy efficiency, wind, and solar power.

The report urges our leaders to develop and implement a bold, comprehensive Texas energy plan to create well-paid jobs, drive innovation and investment, make us more energy independent, and protect our water supplies, while improving the health of Texans and the environment. Read More »

Also posted in Clean Energy, Solar Energy, Texas / Comments are closed