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PennEast in a Tailspin of Delay; Renewables Supplied Nearly 25% of Electricity Needs

Posted June 16, 2016

A look at the latest news, facts and figures on fossil fuels, pipelines, renewable energy, energy efficiency and progress on stopping the PennEast pipeline. 

In the News

Video: PennEast Threatens Drinking Water for 1.5 Million NJ Residents

PennEast Gas Pipeline in a Tailspin of Delay and Uncertainty

By PennEnergy.com 

PennEast’s proposed pipeline project in New Jersey and Pennsylvania is considerably delayed in gaining necessary approvals from the Federal Energy Regulatory Commission (FERC) and state agencies, affected by the trend of beleaguered gas pipeline projects throughout the U.S., and widespread, growing opposition by legislators, regulatory agencies and the public.

“Highly relevant to PennEast’s problem-ridden application is the fact that multiple natural gas infrastructure projects have faced unprecedented regulatory problems in recent months,” said Tom Gilbert, campaign director, ReThink Energy NJ and New Jersey Conservation Foundation. “We believe these issues signal a change in the regulatory fabric of the natural gas industry, which will impact the PennEast project.” Read more.

In Other Pipeline News

Renewables

Renewable Energy Supplied Nearly 25% of Global Electricity Needs in 2015

By Tom Lombardo, Engineering.com

A recent report by the international consortium REN21 shows that the switch to renewable energy is making significant headway in the quest to replace fossil fuels. In 2015, renewables accounted for almost one-fourth of the global electric generating capacity, despite the fact that fossil fuels received nearly four times as much money in government subsidies. Read more.

In Other Renewable Energy News

By the Numbers

  • 25 percent
    Portion of global electricity needs supplied by renewables in 2015.
    Source: Engineering.com
  • $7.8 trillion
    Predicted investment in renewable energy through the year 2040, compared to only $2.1 trillion for fossil fuels.
    Source: Engineering.com
  • 80 percent
    The price of residential solar has dropped 80 percent since 2008.
    Source: Bloomberg

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