Content Management - Global

USRS NYRS NJRS

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renewables finance solar

http://www.energymanagertoday.com/morris-model-fund-power-resiliency-0106347/

Morris Model Could Fund Power Resiliency

November 4, 2014 By Linda Hardesty

A paper by the Clean Energy Group explores a variety of financing mechanisms to increase power resiliency in the event of blackouts. According to the paper, “Resilient Power – Financing for Clean, Resilient Power Solutions,” one financing mechanism is the Morris Model, so-named because it was first developed in Morris County, NJ.
The Morris Model is a financing option in which a public entity issues a government bond at a low interest rate and transfers that low-cost capital to a solar developer in exchange for a lower power purchase agreement (PPA) price. It can substantially reduce the cost of solar power to the government entity.

USRS TX RS

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fracking, petro

http://www.star-telegram.com/2014/11/04/6260352/denton-voters-approving-fracking.html?rh=1

Denton voters approve state’s first ban on hydraulic fracturing

By Max B. Baker

maxbaker@star-telegram.com

DENTON — In a state where the oil and gas industry is king, Denton on Tuesday was poised to become the first city in Texas to ban hydraulic fracturing as voters approved a grassroots initiative against the controversial drilling method.

In unofficial, incomplete results, 58.6 percent of voters in this college town of 123,000 had cast ballots for an ordinance that will drastically restrict drillers’ attempts to tap the rich natural gas reserves within the city limits. Calling the ordinance unconstitutional, state and industry officials have pledged to contest it in court and state lawmakers have said they may pass legislation to block it.

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USRS Gulf Coast RS

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Deepwater Horizon

Saul Loeb/AFP/Getty

Samuel Fragoso
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2.4 MILLION GALLONS11.02.14
Deepwater Horizon: Life Drowning in Oil
‘The Great Invisible’ is something of a marvel—a balanced, unabridged document of life before and after the 2010 Deepwater Horizon oil rig accident.
On April 20, 2010, the Deepwater Horizon oil rig bursted into flames in the Gulf of Mexico, claiming eleven lives and causing the biggest petroleum spill in this country’s history. In the following three months, while the sea-floor oil gusher oozed out 2.4 million gallons a day, the accidental tragedy captured this nation’s attention. And for a brief moment before the capping on July 15, it seemed change and progress were not just platitudes propagated by pandering politicians, but genuinely possible.