6 May '10
2:00 PM UTC
Top Ten Players

April Top Ten Players In Green Energy

1: Cape Wind

The 420-megawatt Cape Wind project  is big, but the expectations for it are even bigger. Interior Secretary Ken Salazar, who just last week announced approval for the project amidst some stiff opposition, expects the Nantucket Sound wind farm to do no less than prove the viability of offshore wind in America. Much remains to be done before the first turbine blades start to spin – bank financing and power purchase agreements must be finalized and the project must be built on time and within budget. But Cape Wind has already done a lot. The project’s developers have endured nine years of attempts to regulate offshore sites that played like a bureaucratic version of “Who’s on first?” before finally arriving at guidelines that future developers can follow. More importantly, the Obama administration has decided that the need for renewable energy trumps environmental and cultural concerns that threaten to block large projects. It’s an imperfect solution, to be sure, but it does move green energy forward.

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26 April '10
11:54 AM UTC
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Climate Change Bill In Limbo Following White House Push For Immigration Reform

The bill is not dead but it’s in the ER, and on life-support. Today Senators John Kerry (D- Mass.), Joe Lieberman (I-Conn.) and lone Republican Lindsey Graham (R-S.C.), were set to release their energy and climate change bill. A legislation that enjoys support from key industry leaders, environmental groups, and unlike other key Obama legislation had some aura of bi-partisanship.

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