This legislation addresses the current oversupply of N.J. solar renewable energy credits (SRECs), brings stability back to the N.J. solar market, and keeps the N.J. solar industry growing over the next several years.
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Having just completed analysis of several theories that when combined produce what I call the “Optimized Sustainment Model (OSM),” I want to share part of the story that is combined with the news of the day to complement it. The world is searching for sustainable economies, alternatives to capitalism or a dramatic revision.
The New York Times
You don’t have to be a climate scientist these days to know that the climate has problems. You just have to step outside.
Federal financial support of renewable energy has taken a whole lot of heat in the months since Solyndra went bankrupt. Opponents of federal policy have claimed that solar grants and subsidies increase the federal deficit while doing little to promote new sources of energy.
The Kansas City Star
There's a lively debate under way about the Department of Energy's loan guarantees to American companies that are developing advanced renewable energy technologies. Unfortunately, many opponents are generating heat but are not properly representing the facts around the DOE program's strong success.
At a time when everyone agrees on the need to create jobs and stimulate the economy, an idea exists that would bring thousands of jobs to New York while also pumping billions of dollars into the local economy: a committed investment in solar power.
Beginning in July, Commonwealth Edison Co. customers will receive more power from the sun, thanks to a solar project under way in LaSalle County.
A consultant for the Defense Department reports that introducing solar installations on nine military bases in the Mojave and Colorado Desert could generate 7,000 megawatts of power.
New solar capacity around the world increased 54 percent to about 28 gigawatts last year driven by record installations in Germany and Italy, Bloomberg New Energy Finance data shows.
In a misleading segment painting a skewed picture of the Department of Energy's clean tech investments, CBS News' new morning show purported to reveal 11 "New Solyndras" -- companies CBS said "are having trouble" or "have filed for bankruptcy" after receiving federal assistance. But CBS only identified 7 companies and included some that did not actually get federal funds.