Europe’s Austerity Hits Renewable Energy

A troubling first sign that Europe’s fiscal crisis will hit the renewable energy sector emerged in Italy this week when the country’s austerity budget halted a practice whereby the government acted as a buyer of last resort for “green certificates” issued to support development of clean energy projects. The Wall Street Journal reported that the [...]

A Supreme Court Tie Goes to Greens on Genetically Modified Crops

Given that it’s World Cup month, even soccer-phobic Americans are getting into football of the non-padded variety. Part and parcel with the World Cup sporting experience—especially in the first round of  matches—is an acceptance of ties. Ties are not something we like to do in American sports, especially in baseball, where two cellar-dwelling teams—like the [...]

The Worse Case Scenario Gets Worse for BP as New Documents Come to Light

Representative Edward Markey, the pugnacious Boston Democrat who has emerged as one of the political stars of the oil spill, may have the final word on what caused the accident—philosophically, at least. On NBC’s Meet the Press on Sunday, Markey released internal BP documents that showed the company believed that as much as 100,000 barrels [...]

Sweden Goes Nuclear (maybe)

The Riksdag, Sweden’s parliament, voted on June 17 to overturn a three-decades old ban on new nuclear reactors in what many see as a test-case for the long-predicted “nuclear renaissance ” in Europe. The legislation annuls a a referendum in 1980 in which Sweden’s population voted against renewing or replacing the country’s fleet of 12 [...]

America’s Oil Bender

It’s axiomatic in the recovery field that addicts don’t get better until they hit bottom. For some, the bottom is shallow—a single DWI may be enough. Others sink much deeper, sobering  up only after years of lost jobs, busted relationships and wrecked cars. The U.S.—famously addicted to fossil fuels—has been struggling for years to find [...]