The Massachusetts Senate Committee on Global Warming and Climate Change is hosting hearings across the Commonwealth to gather input on clean energy and climate change. Launched by Senate President Pro Tempore Marc R. Pacheco (D-Taunton), the “MA Clean Energy Future Tour” began its nine-stop tour on May 8 and will end on June 26 in Boston. To learn more about this tour, read on!
From April 26th-28th, San Francisco hosted the 2017 Ceres Conference. Ceres is a non-profit organization advocating for sustainability leadership. The annual conference brings together more than 600 investor and company leaders and advocates who are catalyzing the biggest breakthroughs on sustainability.
This year’s jam-packed agenda spanned a variety of topics surrounding the energy industry, but two key themes emerged: (1) that there is a growing need for standardized data to measure the impact of investments made in energy, and (2) that sustainable energy is playing an increasingly central role in the investment decisions for stakeholders across sectors and across the political landscape – in other words, the push for clean energy isn’t going anywhere. Continue Reading Recap: The 2017 Ceres Conference on Sustainability
Senate Finance Committee Ranking Member Ron Wyden (D-OR) recently introduced the “Clean Energy for America Act,” which aims to create a new technology neutral system for federal tax credits for clean energy, clean fuel, and energy efficiency projects. The bill would offer performance-based tax incentives for efficient homes and office buildings, and would significantly reduce carbon pollution over the next decade. Senator Wyden, also a member of the Energy & Natural Resources Committee, received support from 21 Democrat co-sponsors, including Senate Minority Leader Chuck Schumer (D-NY) and Energy and Natural Resources Committee Ranking Member Maria Cantwell (D-WA). To learn more about the Clean Energy for America Act, read on!
The Baker-Polito Administration recently announced a set of six new programs seeking to increase affordable access to clean energy and energy efficiency programs in the Commonwealth. These new programs build upon the efforts of the Affordable Access to Clean and Efficient Energy Working Group, which just released its Final Report, and mark the final component of the Administration’s $15 million Affordable Access to Clean and Efficient Energy (AACEE) Initiative. To learn more about these new programs, read on!
Cleantech Open Northeast is currently accepting applications for its 2017 accelerator program. The oldest and largest accelerator program for clean tech startups, Cleantech Open awards over $500,000 in cash, investment, and in-kind services to winners of its showcasing events. Mintz Levin has proudly been a sponsor of Cleantech Open Northeast since its inception. To learn more about the accelerator program and apply by the May 1st deadline, read on!
The Northeast is a leading region in the United States for renewable energy generation and sourcing through competitive markets. The Northeast Energy and Commerce Association (NECA) supports environmentally sound, reliable and cost-effective wholesale and retail markets for the production and delivery of electric power supply, as well as competing energy services and resources alternatives, including conservation, innovative demand-side and power delivery technologies, renewable energy and distributed generation. Taking place in Auburndale, Massachusetts on March 6, NECA will host its 2017 Renewable Energy Conference, with panel discussions on a wide range of topics including trends in the renewable energy industry, distributed energy resources and energy storage, the impacts of federal energy policy and the new administration, and the role of competitive markets.
A group of Republican senior statesmen is calling for a carbon tax to fight climate change. Led by former Secretary of State James A. Baker III, former Secretary of State George P. Shultz and former Secretary of Treasury Henry M. Paulson Jr., the group believes a carbon tax, which depends on increasing fossil fuel prices to reduce consumption, is a “conservative climate solution” based on free-market principles. Baker and his colleagues met with White House officials on Wednesday to discuss their proposals, which would eliminate nearly all of the Obama Administration’s climate policies with a national carbon tax. This rising tax would start at $40 per ton and be returned to every American in the form of a quarterly check from the Social Security Administration. To learn more about their proposal, read on!
Financial advisory and asset management firm Lazard recently published its annual report on the costs of electricity generation technologies, finding that the costs for clean energy projects continue to decrease. The tenth version of Lazard’s Levelized Cost of Energy Analysis (LCOE 10.0) shows that the cost of large-scale solar projects continue to rapidly decline, falling by 11% in 2016 and thus 85% since 2009. This makes new solar projects competitive with natural gas power plants in some regions of the U.S., even before federal investment tax credits, and in many regions across the country, wind projects are the lowest cost option among all energy technologies, before federal tax credits. To learn more about Lazard’s report, read on!
The Northeast Clean Energy Council’s (NECEC) 9th Annual Green Tie Gala was recently held on October 25, 2016 in Boston, Massachusetts. The Green Tie Gala is the premier clean energy networking event in the region, bringing together more than 500 stakeholders from the Northeast clean energy community to celebrate the industry’s growth and accomplishments and to recognize outstanding clean energy companies with NECEC’s Green Tie Gala Awards. We enjoyed seeing many of our clients in attendance at the gala in support of this burgeoning and innovative community. To learn more about the Green Tie Gala, read on!
Earlier this year, Massachusetts passed legislation that will require the state’s distribution utilities to purchase carbon-free electricity from hydropower and on and offshore wind farms under long-term contracts for up to 30% of the state’s electricity supply. Despite opposition from incumbent generators and large consumers over concerns that the bill would interfere with market competition, Democratic legislators found common ground with Republican Governor Charlie Baker to enact historic “clean energy” legislation that will transform the fuels used to generate the state’s power while significantly reducing its carbon-footprint. To learn more, read on!