Iran increases R&D on nuclear fusion as alternative energy source
- President Obama announced almost $2B in guaranteed loans to two solar companies: Abengoa Solar (Spanish company) & Abound Solar (Colorado-based).
- Spanish government (world leader in renewable energy production) to cut wind energy subsidies by 35% in 2013, and the government has frozen electricity prices to help its citizens deal with the economic crisis.
- According to Greenpeace, the EU could rely on 92% renewable energy by 2050 and reduce its carbon emissions by 95% compared with 1990.
- Carbon accounting rules and clear definitions for “waste wood” used in biomass may limit biomass power in the United States.
- Puerto Rico’s Governor signed legislation to set specific renewable energy goals and economic investments; 15% renewables by 2020.
- California sues the federal government due to the government blocking homeowners paying for energy-efficient improvements through increased property taxes.
- Iran’s Atomic Energy Organization says they are increasing research on nuclear fusion for alternative energy.
- India is moving ahead to reach 10% renewable energy generation by 2015; wind power is the leader in their installed capacity.
- Indonesia has huge geothermal power potential; only 65% of Indonesia’s 240 million people (156M) have access to electricity.
- St. Lucia, a Caribbean Island, plans to use geothermal power in sulfur springs and mud pools for alternative energy.
- Senate unveils narrower energy bill without carbon cap-and-trade limitations; focus on Gulf oil spill, home efficiency, conservation and natural gas powered vehicles.
- France looks to increase renewable energy production with offshore wind farms; the country currently has no offshore wind parks.
- Texas Governor Perry announces $8.4M renewable energy grant to Texas Tech and the National Institute for Renewable Energy from the Texas Emerging Technology Fund.
- Canadian renewable energy firm, TransCanada objects to Deepwater and Cape Wind; they claim that they could produce the energy for less money and the bidding favored in-state firms, which in unconstitutional.
- House approves bill to increase safety standards for offshore drilling & remove liability cap for oil spills, but Senate will likely delay legislation.

