President Lenin Moreno of Ecuador has scrapped fuel subsidies worth $1.3 billion a year. This has resulted in widespread protests since last week. Moreno said he scrapped the subsidies to boost Ecuador’s economy and ease the country’s debt. Ecuador has agreed to cut public spending in return for a loan from the International Monetary Fund (IMF).
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s EGEB:
Major oil companies have spent $1 billion on climate lobbying that is “overwhelmingly in conflict” with the Paris Agreement, according to one new report. And another report reveals oil execs laughing about their newfound access within the Trump administration.
Solar Power now has more employees than either the Oil & Gas or Coal Extraction industries in the United States. The solar industry employed approximately 208,000 individuals at the end of 2015 versus 185,000+ in oil and gas, or 190,000 in coal extraction. Solar power employment is expected to grow an additional 15% in 2016 to almost 240,000 individuals. Globally, solar power now directly employs 2.8 million people as the largest renewable energy employer.