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Biden Sets Ambitious GHG Target Amid Trump Plans

In December 2024, President Joe Biden's administration set an ambitious target to reduce U.S. greenhouse gas (GHG) emissions by 61% to 66% by 2035, compared to 2005 levels. This goal aligns with the Paris Agreement's framework, which requires participating nations to update their emission reduction...

SunPower Files for Bankruptcy, Plans Asset Sale or Wind Down

In a dramatic turn of events, SunPower, once a leading name in the solar energy industry, has filed for bankruptcy protection, marking a significant shift in the renewable energy sector. The company, which has been a prominent player in the push towards sustainable energy, announced its decision to...




Renewable Energy

The Rise of the First National Green Bank in the U.S.

The recent launch of the Coalition for Green Capital's (CGC) first national green bank marks a significant milestone in the United States' climate strategy. This development, announced in a Utility Dive article, underscores a pivotal shift towards streamlined, scalable financing for green initiatives across the country. With the implementation of the Inflation Reduction Act (IRA), the green bank aims to leverage federal funds to spur private investment in climate-friendly projects, offering a robust mechanism to...

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