Supreme Court Cannot Litigate Physics, or Markets
February 11, 2016
Try as they might, the Supreme Court won’t be able to stop technologies whose time has come.
While the Clean Power Plan was expected to be the main tool for the United States to fulfill its part of the pact, White House spokesman Eric Schultz told reporters in a briefing that it was only one part of the nation’s response to climate change.
The long-term extension of the tax credits for renewable energy last year will continue to provide momentum that will transition the power sector toward cleaner sources of energy, Schultz said.
“The inclusion of those tax credits is going to have more impact over the short term than the Clean Power Plan,” he said.
As installation costs continue to decline and retail electricity rates climb, residential solar economics have become increasingly attractive across the United States. According to the latest report from GTM Research, U.S. Residential Solar Economic Outlook: Grid Parity, Rate Design and Net Metering Risk, 20 U.S. states are currently at grid parity, and 42 states are expected to reach that milestone by 2020 under business-as-usual conditions.
California led a record-breaking year for solar power in 2015 that included the addition of more than 20,000 new jobs within the state — more than half of the positions the industry created nationwide, according to a new report.
The California Solar Jobs Census report released Wednesday found that roughly one out of three employees in the solar industry works in California.
By the end of 2015, that total number of solar workers in the state exceeded 75,000. That’s more than all jobs held at state’s five largest utility companies combined, according to the California Solar Energy Industries Assn.
“Solar power is a bright spot in California’s economy, bringing jobs and economic development to every corner of the state,” said Bernadette Del Chiaro, executive director of the solar association. “While conventional energy industries are losing jobs, we are seeing record growth, and bringing clean air and climate solutions along the way.”
So here’s a thing. All of the net increase in the EU’s power generating capacity came from renewable energy last year.
The data from the European Wind Energy Association (EWEA) shows that whilst some new coal and gas capacity did come online, more was retired.
That is to say the amount of fossil fuel (and nuclear) generating capacity reduced whilst the only thing to increase was wind and solar. Biomass also saw a fall.
Here’s what this looks like, in chart terms: