07 Apr '17, 1pm

World Sees Record Renewable Energy Growth Despite Fall in Investment

World Sees Record Renewable Energy Growth Despite Fall in Investment

And yet that appears to be precisely what we're seeing with New York Gov. Andrew Cuomo , a potential 2020 challenger to Trump who until recently had a strong record advocating for the planet. Most notably, Cuomo as governor banned fracking statewide, which was a huge win for the movement and also recently closed Indian Point nuclear power plant , a move that may have saved the lives of millions of people. But the goodwill from those arguably heroic acts has evaporated because of another Cuomo directive that's causing problems nationwide, but has barely made headlines outside New York. Last year, Cuomo quietly ordered New York's Public Service Commission—which regulates energy companies in the state—to slip subsidies into electric bills for all New Yorkers to prop up three aging, unsafe, unprofitable nuclear power plants. He's not calling it a tax, but it is and one that wi...

Full article: http://www.ecowatch.com/unep-bnef-renewable-energy-growth...

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