Joe Carmichael for Inverse: Buffett, in an interview with CNBC on Monday, responded to viewer questions about this clash (a clash that Bloomberg Business intensified with a cover story): two viewers asked why Buffett’s companies are preventing and deterring net metering in Nevada. Buffett responded:
“We don’t have a problem with net meters, and we’re the leading in renewables in the country among regulated utilities. The [unintelligible] we do not want our million-plus customers that do not have solar to be buying solar at 10 and a half cents when we can turn it out for them at 4 and a half cents or buy it at 4 and a half cents. So, we do not want the non-solar customers, of whom there are over a million, to be subsidizing the 17,000 solar customers. Now, solar customers are subsidized through the Federal Government — as we are, with our wind and solar operations ourselves. …
“In Nevada, [Musk's company, SolarCity] had an arrangement for a very limited number of people — and the public utility commission decides this — they had an arrangement where the utility had to pay way above market for solar produced by these 17,000 homes, and that —“
The interviewer interrupted to clarify: “For instance, if I have solar electricity that I’m producing, that’s more than I need, I can sell it back to you…” Cont'd...
As European Solar Installations Slow, China, US and Japan Lead Global Installed PV Capacity in 2016, IHS Says
Justin Rowlatt for BBC News: Whatever happened to all the talk of international co-operation to tackle climate change that we heard during the climate conference in Paris just a few months ago?
That is what many environmentalists are asking after the United States delivered a damaging blow to India's ambitious solar power programme this week.
In response to a US complaint, a World Trade Organization (WTO) panel has ruled that India's National Solar Mission breaches trade rules.
It judged that India's policies on buying locally made solar power equipment discriminates against imports.
"The ink is barely dry on the UN Paris Climate Agreement, but clearly trade still trumps real action on climate change," Sam Cossar-Gilbert of Friends of the Earth International said in a statement.
But is the decision really as damaging as many commentators seem to think?
Let's start at the beginning. Cont'd...
WINAICO launches typhoon-resistant solar modules and achieves 315 W in 60 cell PERC modules at PV EXPO
Tom Randal for Bloomberg Business: With all good technologies, there comes a time when buying the alternative no longer makes sense. Think smartphones in the past decade, color TVs in the 1970s, or even gasoline cars in the early 20th century. Predicting the timing of these shifts is difficult, but when it happens, the whole world changes.
It’s looking like the 2020s will be the decade of the electric car.
Battery prices fell 35 percent last year and are on a trajectory to make unsubsidized electric vehicles as affordable as their gasoline counterparts in the next six years, according to a new analysis of the electric-vehicle market by Bloomberg New Energy Finance (BNEF). That will be the start of a real mass-market liftoff for electric cars.
By 2040, long-range electric cars will cost less than $22,000 (in today’s dollars), according to the projections. Thirty-five percent of new cars worldwide will have a plug. Cont'd...
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