A new study shows that China leads the United States and Japan in renewable energy investments. One could argue that China is so large that it had nowhere to go but up, but one could also argue that China is working hard to fix its environment.
The story about a video screen sunrise in China was enough to ignite furor over the condition of the environment in China, and these new investments may be a way to help with that problem. However, China has enough money to invest in other countries, as well.
Some argue that the United States is lagging behind China in renewable energy investments. Falling behind in this race is a scourge on the reputation America is trying to build as a leader in renewable energy. Only time will tell if this lag continues as the United States braces for more bad weather systems.
Posted in Energy News and tagged china, Renewable Energy by admin with .
Torch Renewable Energy, a Texas-based company, was planning on backing a large wind and solar plant in Newport, North Carolina. However, Torch has since backed out of the plans to develop the area.
The Mill Pond Wind Project was to be a brand new project to help provide power to the state, but the county ordinance that is needed to make sure the building of the plant could go forward did not seem to be in the cards for Torch.
The problem with the Tall Building Ordinance is that it would likely interfere with military activities in the area. As a result, Torch believes that it should not continue with a plan that is not likely to get local approval.
While the local area is putting a moratorium on issuing ordinances to energy companies, everyone is left to wonder if wind and solar power will ever return to Newport.
Posted in Energy News and tagged Renewable Energy, Wind Project by admin with .