Renewable Energy Update - November 9, 2010


In this issue: U.S. weighs funding for renewable energy projects; RENEWABLE ENERGY FOCUS: California votes to maintain cap and trade, defeats Prop 23; California releases its proposal to cut greenhouse gas pollution; DOE announces $5M in awards for ocean renewable energy research projects; Renewable energy companies predict projects will slow if U.S. eliminates grants; Cleantech venture investments fall 55% in Q3; State of California wins national clean energy award; UCSC leads research on thin-film solar cells; U.S. wind industry reports slowest quarter since 2007; NOTABLE RENEWABLE ENERGY PROJECTS AND DEALS: Los Angeles utility plans 5 MW array, Solyndra to close a factory, delay expansion, and PG&E suspends wave-energy project off coast.

U.S. weighs funding for renewable energy projects

Wall Street Journal - Nov 3

President Obama's top advisers recommended cutting off funding for a federal loan-guarantee program meant to spur the construction of wind and solar farms and other alternative energy projects, saying taxpayer dollars might be better spent elsewhere. But the advisers warned Obama that pulling money from the program would risk antagonizing powerful allies in Congress, and would "signal the failure of a Recovery Act program that has been featured prominently by the administration," according to an Oct. 25 memorandum.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Allen Matkins | Attorney Advertising

Written by:


Allen Matkins on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.