Renewable Energy

Renewable Energy Is a Less Costly, More Efficient Climate Solution Than Carbon Capture, Study Finds

Renewable Energy Is a Less Costly, More Efficient Climate Solution Than Carbon Capture, Study Finds

The benefits of investing in clean energy, including solar, wind, geothermal and hydropower, make renewables a more cost-effective option compared to carbon capture technology, according to a new study. The study, published in the journal Environmental Science and Technology, examined two scenarios across 149 countries through 2050: one in which the countries transition 100% of […]

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    Clean Energy Costs Expected to Drop 2-11% in 2025, Report Says

    Clean Energy Costs Expected to Drop 2-11% in 2025, Report Says

    According to a new report from BloombergNEF, global clean power costs could fall between 2% and 11% this year, despite tariffs. Even with potential trade barriers, the “Levelized Cost of Electricity” report estimated that clean energy costs for technologies such as wind, solar and battery storage will decrease 22% to 49% by 2035. Much of […]

    Trump Freezes $50 Billion in DOE Funding for Programs Including Clean Energy Innovation

    Trump Freezes $50 Billion in DOE Funding for Programs Including Clean Energy Innovation

    The Trump administration has halted spending from the United States Department of Energy (DOE)’s approximately $50 billion budget while a “comprehensive review” is conducted to ensure its spending and other actions — which include funding for new energy technologies — are in alignment with the priorities of President Donald Trump, according to an agency memo […]

    Trump Pauses Federal Leases and Permits for Wind Energy Projects

    Trump Pauses Federal Leases and Permits for Wind Energy Projects

    One of the many executive orders President Donald Trump signed on his first day back in office temporarily stopped the United States’ sale of offshore wind leases in federal waters. It also paused permits, approvals and loans for offshore and onshore wind projects. “On day one, the Trump administration is putting dirty fossil fuels front […]