This milestone aligns with President Biden's goal to make the US power grid carbon pollution-free by 2035, a key initiative in combating climate change and securing energy resources.
Clean energy
A new vibe emerged in San Francisco on this year’s SOCAP (Social Capital Markets Conference) conference – a premier gathering on impact investment and social entrepreneurship. The conference is historically focused on Cleanteach – getting money into hard to reach areas – providing basic human services like sanitation and clean water to those who need it most.
Turnbull is switching to a greener Australia avdocating the use of clean energy. The government will support Clean Energy Finance Corp. and the Australian Renewable Energy Agency and develops Clean Energy Innovation Fund worth A$1 billion.
Global investment in the clean energy sector has been increasing year by year. However, Canada’s clean energy investment has been plunged by 46% in 2015 compared to the previous year. Canadian government has been urged by the Clean Energy advocates to adopt more investment friendly policies to patronize the sector.
President Barack Obama's fiscal 2016 budget proposes $7.4 billion to fund clean energy technologies and a $4 billion fund to encourage U.S. states to make faster and deeper cuts to emissions from power plants, officials told Reuters.
Bloomberg New Energy Finance reported that investments in the renewable energy sector increased except in the European region.
China was the main contributor to a 24 percent rise in new global investment in clean energy in the second quarter.
Clean Edge’s Third Annual State Clean Energy Index Provides Critical Benchmarking and Analysis of Dynamic U.S. Clean-Tech Landscape.
Subscribe to VCpost newsletter
Most Popular
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- Where's My Child Tax Credit 2024: When to Receive My Money After April 15 Tax Filing Deadline?
- Indiana Children's Museum Reportedly Exposed Total Solar Eclipse Watchers to Measles
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Philippines Wants US, Japan to Fund Freight Railway Project After It Drops Funding Talks With China
- Student Loan Forgiveness Processing for This Group of Borrowers Will Stop Next Week
- FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers