A look at the latest news, facts and figures on fossil fuels, pipelines, renewable energy, energy efficiency and progress on stopping the PennEast pipeline.
By Sulaiman Abdur-Rahman, The Trentonian
None of the municipal governments or counties where the proposed pipeline would cut through has endorsed PennEast’s plan.
New Jersey Assemblyman Andrew Zwicker, a Princeton-area freshman lawmaker, last month issued a statement opposing the $1 billion pipeline project.
“The pipeline proposal represents a lack of respect for the rule of law, utter disregard for New Jersey’s natural resources and an assault on the ownership of private property,” Zwicker said. “Considering the fundamental right of individual landowners to retain their properties and the fundamental responsibility of the state to protect our waterways, wildlife and open space, it would be irresponsible to move forward with this project. Read more.
By Joshua S. Hill, CleanTechnica.com
Ever-decreasing coal and gas prices will not halt the overall global transition to renewable energy, according to Bloomberg New Energy Finance’s annual long-term forecast.
Bloomberg New Energy Finance’s (BNEF) Long-term projections of the global energy sector, orNEO 2016, was released this week, providing a forecast for the future of the energy industry….Specifically, BNEF predicts that even though low prices for coal and gas are likely to persist through the forecast period, the global transition to a low-carbon energy system based on renewables such as wind and solar will not be halted.
“The New Energy Outlook….still shows rapid transition towards clean power over the next 25 years,” said Jon Moore, chief executive of Bloomberg New Energy Finance. Read more.
The World Nears Peak Fossil Fuels for Electricity: Coal and gas will begin their terminal decline in less than a decade, according to a new BNEF analysis.
By Tony Randall, Bloomberg.com