‘Sea-change’ driving demand for renewable energy in U.S.

first_img FacebookTwitterLinkedInEmailPrint分享Reuters: The wind and solar industries hope demand for carbon-free power from U.S. cities, states and corporations can offset headwinds from President Donald Trump’s tax policy and tariffs, developers said this week.The Trump tax overhaul trimmed production and investment tax credits, and the administration also slapped a 30 percent tariff on imported solar panels. The moves, aimed at boosting manufacturing and economic growth, also dimmed prospects for renewables. But Trump’s withdrawal of federal support for Obama-era climate goals indirectly helped the industry by inspiring a backlash among U.S. cities, states and corporations, which have grown more ambitious about installing cleaner forms of energy.Also, investors with years of deals under their belts are less wary about financing solar and wind than they were years ago, and socially responsible funds are actively seeking projects to invest in, according to executives and investors at the Renewable Energy Finance Forum-Wall Street in New York. “There is a sea change in grass-roots demand for renewable energy,” Susan Nickey, managing director at Hannon Armstrong Sustainable Infrastructure Capital Inc., which invests about $1 billion a year in the sector, said in an interview on the sidelines of the conference on Tuesday. “More and more corporations and consumers are saying ‘We want 100 percent renewable energy,’” she said, adding city and state governments are adopting renewable-friendly policies to reflect that growing demand.She cited a survey of financial institutions that showed two-thirds of respondents planned to boost renewable investments this year. Some 89 percent said they would sharply increase planned investments from now to 2030 unless government policies slow demand for renewable energy.More: Renewable energy seeks demand, investment to survive Trump squeeze ‘Sea-change’ driving demand for renewable energy in U.S.last_img read more

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WATCH PHOTOS: Sports Minister tours Volta Region

first_imgMinister for Youth and Sports, Hon. Elvis Afriyie Ankrah, has embarked on a two-day working visit to acquaint himself with developments on some ongoing and proposed projects in the region. Accompanied by members of staff of the Ministry of Youth and Sports and the National Sports Authority (NSA), the minister’s first point of call was the Anfoega Senior High School where he inspected their Multi-Purpose Tennis Court which is among twenty multi-purpose Tennis Courts the Ministry has built across the country.  He expressed his disappointment at the state of the project and tasked the Assembly to immediately contact the contractor to ensure that the project was completed.  The minister was later accompanied by the Chief of Kpando, Togbe Dagadu to visit the Kpando Sports Stadium where the Chief indicated that Football is one of the major sporting activities in his municipality and appealed to the Hon. Minister to upgrade the Kpando Sports Stadium to the status of a sports complex.last_img read more

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