In the news: Wind power continues to face hurdles, misconceptions


In the news: Wind power continues to face hurdles, misconceptions

Here on Shoot the Breeze, we’ll keep an eye on the latest news in the wind industry. Each week we will feature the top five stories that have caught our attention.

California Raises Renewable Energy Requirements
The Wall Street Journal
California lawmakers passed a bill Tuesday that would require a third of the state's power to come from renewable energy sources by 2020, setting a new bar for the rest of the country. The U.S.'s largest energy consumer is increasing its renewable portfolio standards and continues to pursue a cap-and-trade program that would put a price on carbon after similar initiatives to do so in Congress have flatlined.

Epicenter of Renewable Energy Investments Shifts to Developing Economies
Environmental Leader
2010 proved a record year for green energy investments – according to a report from Bloomberg New Energy Finance, nearly US $243 billion was poured into wind farms, solar power, electric cars, and other alternative technologies worldwide, representing a 30 percent increase from 2009 and nearly five times the money invested in 2004.

Wind, Sun Power Still Face Hurdles
The Wall Street Journal
The slow-motion crisis at a Japanese nuclear plant has rekindled worries about relying on atomic power for electricity. Climbing oil and gasoline prices are again draining wallets. And President Barack Obama Wednesday outlined plans to cut U.S. reliance on foreign oil, including boosting ethanol output.

Unconventional wisdom: Wind power is not expensive
AWEA
One of the latest entries in the "conventional wisdom" series of articles on today's energy policy options comes from Gerard Wynn and Alister Doyle of Reuters and is carried in the New York Times. According to Wynn and Doyle, political support for oil and nuclear power appears to be holding steady despite the obvious challenges of climate change and nuclear safety.

Wind Power Hits a Trough
The Wall Street Journal
Gabriel Alonso, who runs one of America's biggest wind-farm developers, often reminds his employees their goal isn't to stage a renewable-energy revolution. "This is about making money," the chief executive of Horizon Wind Energy LLC tells his troops. And right now, his strategy is to retrench.

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