Tag Archives: subsidies
New Subsidies for Boston Solar Installations
The Boston Globe reported today that a new ordinance will cut fees associated with Boston solar installations. Massachusetts residents and businesses already enjoy a number ofdifferent incentives related to solar power, including rebates, taxcredits and exemptions, and Solar Renewable Energy Credits (SRECs). Inaddition, Massachusetts has one of the most tolerant policies toward solar in regards [...]
How Technology Subsidies Change the Energy Game
All energy is not created equal since each energy resource in the U.S.receives different levels of subsidization that make it either verycompetitive or not at all in the energy marketplace. Consequently, when politicians, the media, and others say the U.S. cannot have an economyother than one based on fossil fuels, the reason is the unequal [...]
A Thought on Energy Subsidies
If there is a central theme to the Renewable Energy Finance Forums generally, it’s pragmatism. You can listen to every word from the presenters — as well as from each the other participants as they network on breaksbetween the marathon sessions — and trust me: there isn’t so much as a breath of idealism. The show [...]
WOW! Fossil Fuels Get 12x More Subsidies Than Renewable Energy
In a shocking revelation, a Bloomberg report uncovered that fossil fuels get 12 times more subsidies than renewable energy globally. It’s pretty disturbing, right? As a solar installer, I’m exposed to a lot of opinions on solar power and on the renewable industry as a whole. There are many people out there who think that [...]
The Future of Spain’s Solar Subsidies
In Spain, even the rising industry of renewable energy is not immuneto the realities of the country’s sizable debt and broader economicwoes. Just last month, the Spanish government slashed subsidies for anynew wind or solar thermal projects in the country. The decision was insharp contrast to last year’s move on renewable energy, when the Spanish [...]
End Fossil Fuel Subsidies
US President Barack Obama is calling on the world to end massive government subsidies that encourage the use of fossil fuelsblamed for global warming. The G20 has been discussing plans tophase out inefficient fossil fuel subsidies for a while now. Accordingto estimates the fossil fuel industry currently receives subsidies ofbetween $300-$500 billion a year. Fossil [...]
European Governments Slash Solar Subsidies After Steep Market Growth
Government subsidies that helped fuel Europe’s most successful solar marketscontinue to be slashed, raising concerns that the region’sburgeoning renewable sector will be unable to compete with China and the U.S., according to a report on Greenwire. Germany, the world’s largestmarket for solar power, will cut the price paid for electricity fromroof-mounted panels by 16 percent [...]
Two Massachusetts programs will keep solar power subsidies alive
Two new programs in Massachusetts will provide subsidies for solar power projects, the state announced this week. TheBay State’s original solar subsidy, the Commonwealth Solar Fund, ranout of money in October due to overwhelming popularity. It wasadministered by the Massachusetts Renewable Energy Trust, which isfunded through a surcharge on residents’ electric bills. The surchargeamounts to [...]
German Government to ‘Definitely’ Cut German Solar Subsidies
Just as California Governor Arnold Schwarzenegger signs into law a statewide feed-in tariff (see Margaret’s post from a few hours ago), Bloomberg has reported that Germany’s new ruling coalition intends to reduce incentives for solar power generation: While talks “are still in a preparatory phase” on energypolicy for the next four years, “we’ll definitely cut [...]