Will President Obama Go For Renewable Clean Energy in New Term

President Barack Obama’s effort to develop renewable power sources and persuade Congress to adopt a long-term energy policy will be priorities should he win a second term, his top climate and energy aide said.

Clean-energy programs and efficiency initiatives will be a focus for the president if he’s re-elected in November, Heather Zichal, Obama’s deputy assistant for energy and climate change, told reporters today in Washington.

“The big issue will remain engagement with Congress,” she said. “The president has talked continuously about the need for a long-term energy policy, and I think that will be something that he will obviously remain focused on in the second term.” … Continue Reading

Renewable Energy Markets Being Dominated By China; US Shares 2nd

 According to the most recent Global Renewable Energy Country Attractiveness Indices Report (CAI), China will continue to dominate the global renewable energy market. The country has quadrupled its solar capacity target to 50GW by 2020. At the top of the All Renewable Index (ARI), China will have to overcome some challenges including oversupply of wind turbines and solar panels as well as solve many grid transmission issues to reach its goal.

While China’s score is on the rise, America’s score is going downward. The U.S. dropped 1.5 points to share in second position with Germany. The decline was caused by ongoing uncertainty in U.S.’s long-term energy strategy and a failure to indicate if there will be an extension to the Production Tax Credit for wind projects. The rise in Germany’s score was a result of the government’s approach to addressing barriers to offshore wind development and stability in its solar market. … Continue Reading