Utilities don’t like wind not because it’s not competitive, but because it brings prices down for their existing assets, thus lowering their revenues and their profits. Thus the permanent propaganda campaign against wind. The reality is that wind power brings prices down for consumers.
New Investment in clean energy worldwide rallied in the second quarter of 2009, reaching $24.4 billion, according to figures published recently by New Energy Finance. The data, which is based in actual deal and project transactions, show that during the second quarter, there was a big improvement on the first quart of 2009, when investment was just $13.3 billion. Despite this dramatic increase in investment, the investments of the second quarter were 37% below the investment amount from the same quarter last year, when the figure was $36.2 billion.
Greenopia recently released a comprehensive ranking of 50 governors in the US and compared their policies, transparency, and interest group ratings to determine which governors were eco-leaders and reveals which state governments are most dedicated to preserving the environment. Topping the list is Governor Bill Ritter of Colorado followed closely by Governor Arnold Schwarzenegger of California.