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Fostering widespread development and adoption of agroforestry and sustainable agricultural methods and practices offers the largest, surest practically and economically effective means of mitigating and adapting to climate change, while also addressing energy, food security, economic development and loss of biodiversity, according to a UNEP-World Agroforestry Centre report.
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Reno, Nevada-based Ormat Technologies secures $42 million in debt financing to carry on with expansion plans at the Lake Amatitlan geothermal power plant in Guatemala.
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Iceland, New Zealand and US teams, part of the EDIN partnership to help island nations develop and make a transition to renewable energy powered economies and societies announced its first three pilot projects last week.
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LaGeo and Enex have brought an additional 9.3-MW geothermal power plant on line in El Salvador, highlighting the region’s vast geothermal resource potential.
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Nevada’s NV Energy is the latest in a growing number of utilities putting off plans to build coal-fired plants and instead looking to natural gas and renewable resources to meet demand. Uncertainty over regulatory approvals, carbon emissions and environmental regulations, and the relative costs and security of alternative fuel sources is being compounded by the financial crisis and recession.
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Looking to energy policy to address climate change and the recession, Reps. Markey and Platts have introduced bi-partisan legislation in the US House of Representatives that would establish a national renewable electricity standard along the lines of those established by 27 US states and the District of Columbia. Rep. Markey also introduced a bill that aims to cut electricity demand and create jobs by establishing energy efficiency standards for homes and buildings.
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In the wake of launching the “Transatlantic Climate Bridge,” reps from Germany and the US, including Frank Loy, the Obama campaign’s climate adviser, were on hand to discuss prospects for US leadership at a two-day climate change and energy event in D.C.
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The Lake Amititlan Geothermal Project has become the first in Guatemala, and for plant builder and operator Ormat Technologies, to qualify for UN Clean Development Mechanism certified emission reduction credits.
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Growing acknowledgment of the unaccounted for cost of fossil fuels in terms of carbon dioxide emissions, ecological degradation, economic development and foreign policy have sparked interest in a wide range of alternative fuel and power resources. One of the most promising and perhaps underestimated has been geothermal power. That’s changing. The UN Environment Program and General Environment Facility released the results of a geothermal test program in Kenya that bodes well for geothermal power’s future not only in the East Africa Rift Valley but around the world.
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Need some hard evidence that transitioning to a low carbon, renewable energy powered society can generate jobs, growth and profits? Look no further than companies like Ormat Technologies, which just announced completion of a geothermal power plant in Kenya.
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