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U.S. Energy Tax Credit Trading Grows to as Much as $9 billion, Study Finds

Biomass, Hydro, Latest, Ocean, Renewable Energy, Solar, Tri-Pinned, US News, Wind / By

NEW YORK, Jan 16 (Reuters) – Developers of renewable energy projects selling unused U.S. tax credits to other companies now account for a market worth between $7 billion and $9 billion, buoyed by legislation in 2022 that made these trades possible, a new study shows. President Joe Biden’s climate law aimed to stoke trillions of dollars of investment to …

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China’s Dams Are Refilling, and That’s Good News for the Climate

CDN and International News, Hydro, Latest, Renewable Energy / By

Hydropower has underperformed since 2022’s historic drought, causing widespread economic pain. That’s finally changing. Visitors view the shipping locks of China’s Three Gorges Dam, where water storage is up about 25% from the previous year. Despite the much-deserved excitement surrounding China’s rapid build-out of wind turbines and solar panels, the country’s biggest source of clean energy remains one …

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