The following guest blog post is from Sandra McCardell, President, Current-C Energy Systems, Inc. Albuquerque NM. The Clean Energy Victory Bond campaign is a project of Green America. When I was born (in the 1950’s), my grandmother gave me the gift of a United States Savings Bond –what would have been called a “Victory Bond” or a “Liberty Bond” if […]
Building on growing bipartisan momentum, Green America, the nation’s leading green economy organization, will continue to promote Clean Energy Victory Bonds in Congress. An amendment to the Senate Energy Bill (S. 2012) proposed by Senator Udall (D-N.M.) that would advance Clean Energy Victory Bonds did not achieve 60 votes as needed, but did receive growing bipartisan support yesterday in a […]
The Paris Accord: A Major Step Forward for International Cooperation on Climate. Not Enough, On Its Own, to Address Climate Crisis
The Paris Accord: A Major Step Forward for International Cooperation on Climate. Not Enough, On Its Own, to Address Climate Crisis. Yet, in many ways the deal does not go far enough. The key goals of limiting temperature change are aspirational and not legally binding.
Growth in the solar industry continues to surprise even the most optimistic supporters of the technology. In a world still dominated by fossil fuels, clean energy advocates have had a hard time describing the litany of benefits of a power source that doesn’t involve the combustion of hydrocarbons and the release of greenhouse gases. But now, according to a new […]
Banktrack.org released an updated review of various financial institutions’ holdings in dirty coal energy. Green America promoted a scorecard earlier this year outlining the banks that were the strongest supporters of coal extraction and electricity production. The lowest marks went to Wells Fargo (D+), Bank of America (D-), Citi (F) and Chase (F). Of course, each of these banks has […]
Big news comes from Beijing last week, where Chinese President Xi Jinpeng and US President Barack Obama publicly announced an agreement of intention to collaborate in reducing global carbon emissions by 2030. The two leaders struck the deal amidst broader economic negotiations, in which the US will plan to emit 26-28% less CO2 in 2025 than it did in 2005. […]
For many months, it’s been hard to determine the President’s exact position on the Keystone XL pipeline. The President has frequently said that he is relying on the State Department’s review of the pipeline in order for the Secretary of State to decide whether to approve or reject it, and that review has been delayed several times. However, with the House of Representatives’ vote today in favor of the Keystone XL, the President made his clearest statement yet on the pipeline, and it was breath of fresh air. According to the Washington Post: In a news conference Friday in Burma, the president rejected two of the most frequent arguments the project’s proponents have made on its behalf, saying he had “to constantly push back against this idea that somehow the Keystone pipeline is either this massive jobs bill for the United States or is somehow lowering gas prices.” “It is providing the ability of Canada to pump their oil, send it through our land down to the Gulf where it will be sold to everyone else,” he said. “It doesn’t have an impact on U.S. gas prices.” These are two of the most potent critiques of the pipeline, and are completely based in fact. Analysis from Cornell Global Labor Institute demonstrates that the Keystone XL will only produce 35 permanent jobs. No one disputes that oil produced by the Keystone XL is destined for boats that will take if […]
The global fossil fuel divestment movement has been gaining a lot of steam over the past year, enough to elicit a response from one of the largest oil companies in the world – ExxonMobil. In a blog posted to their website, the oil giant attempted to explain why the continued use of oil, gas, and coal to power our economies is the only viable way forward, while dismissing both the potential of renewable sources of energy and the costs imposed by a changing climate. The reality is that fossil fuels still provide the lion’s share of the global energy supply, but the assertion that it has to be this way couldn’t be farther from the truth. In the blog post, Exxon outlines their case for fossil fuels, stating “divestment represents a diversion from the real search for technological solutions to managing climate risks.” Exxon’s idea of a technological solution to managing a climate risk, of course, is the natural gas boom currently underway in the United States. In addition to creating plenty of jobs along the supply chain and accounting for a sizeable chunk of the nation’s GDP, natural gas is supposedly responsible for the return to 1990’s emissions levels that the US has experienced over the past few years. Even ignoring the obvious environmental risks to soil, air, and groundwater associated with natural gas production, fugitive methane emissions from drilling sites are often understated and likely have a greater […]
It’s not often at Green America that we highlight members of the 1% as an example to follow, but recent action by the Rockefeller family now serves as a model for many Americans. The Rockefellers have instructed the Rockefeller Brothers Fund to divest its holdings of fossil fuels, joining a growing list of foundations that are taking this stand against […]
This July, Green America attended the Congressional Renewable Energy Expo on Capitol Hill to tell policy makers and clean energy industry leaders all about the Clean Energy Victory Bonds Act of 2014. The bill, which has been introduced to the House of Representatives by Zoe Lofgren (D-CA), seeks to provide new financing for clean energy projects including wind, solar, and geothermal, as well as home and commercial energy efficiency technologies. The Environmental and Energy Study Institute (EESI) stopped by our booth to ask us a few questions about CEVBs. Watch their interview below, read more about the bill here, and contact your Representative and urge him or her to support clean energy in the US.