Reid intro'd the new energy bill into the Senate on Tuesday. $15B. $4B for NG vehicles. $400M for EV's. Provisions on oil spill liability, drilling and home efficiency. And 41 cents/barrel oil fee raised to 49 cents. I guess we'll learn more before the recess.
Ground was broke on the 570MW expansion to Tehachapi ( t'will be 3GW) wind farm brought to us by Vestas windturbines. Not American. $1.2B. 1,500 jobs (in US?).
In some place in US, solar PV already beating coal power costs.
What was that fed guarantee for nuke financing down south - $18B? - and what could that do for solar, wind, geo, etc.?
Bad news. Some algae biofuel could full cycle produce 4X GHG's as present diesel.
$8.5B more for ITER - nuclear fusion - and push back to late '19.
Finally, 1H wind installs down 70% yr on yr because of no gov commitment long enough. And the day the Senate dropped the Climate bill, China announced their 10-yr, $740B clean plan.
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