More from Path 100%

Why California Keeps Having Blackouts

As Californians again experience rolling blackouts, and millions more are threatened with losing power, Stanford University economics and energy-markets professor Frank Wolak said it was clear  “California policy makers completely forgot the lessons from the crisis…in their rush to go green.” Read more →

New Mexico approves 100% renewables + storage replacement for San Juan coal capacity

New Mexico regulators unanimously approved a plan to add renewable energy and storage to replace a portion of the San Juan Generating Station's capacity owned by Public Service Company of New Mexico (PNM). The portfolio includes 650 MW of new solar resources and 300 MW of battery storage, totaling over $1 billion in investments within the districts impacted by the San Juan plant closure. Read more →

‘Solar for coal’ swaps: A financial innovation that could accelerate the carbon transition

An innovative new financial approach is accelerating the electric sector’s financial transition from coal to clean. “Solar for coal swaps” could help refinance the 26 GW of existing coal plants that will be uneconomic compared to local renewables in the near term, using private capital to fund community-level investment for publicly-owned cooperative retail utilities, while supporting local economic development. Read more →

Five trends: U.S. cities and counties are going renewable

Cities have been a major contributor to climate change, accounting for more than 70 percent of greenhouse gas emissions. But in recent years, a growing number of cities across the United States have enacted and acted on new renewable energy goals. A new tool from the American Cities Climate Challenge Renewables Accelerator, the Local Government Renewables Action Tracker, showcases renewable energy deals made by U.S. cities, counties, tribal governments, municipal utilities and community choice aggregations since 2015. Read more →

Green energy ratchets up power during coronavirus pandemic

Renewable power has taken up a record share of global electricity production since the onset of the coronavirus pandemic, suggesting a transition away from fossil fuels could be accelerated in the coming years. The past few months have shown that renewable energy has become more dependable, sector experts say, accounting for well over half of output in some European countries, while grid operators proved they could successfully manage larger doses of fluctuating energy flows. Read more →

Apple pledges to be carbon neutral by 2030

Apple is pledging to become carbon neutral across its business, including its mostly overseas supply chain by 2030. Within the next 10 years, the tech giant will ensure every Apple device sold will have been produced with no net release of carbon into the atmosphere. The company also plans to reduce its emissions by 75% and develop carbon-removal solutions for the remaining 25% of its footprint. Read more →