31 Dec '16, 3pm

Oil Giant Quits Tar Sands, Embraces Offshore Wind Instead

Oil Giant Quits Tar Sands, Embraces Offshore Wind Instead

The trouble with divesting from fossil fuels, say critics, is that other, less scrupulous investors will just jump in and snap up your investment to make a profit. And that’s why, alongside divesting from ‘the bad stuff’, we also need to encourage increased investment in ‘the good stuff’—like offshore wind, for example. So this story—reported by Cleantechnica —is about perfectly designed to make my little TreeHugging heart sing: Norwegian oil and energy giant Statoil has spent the end of 2016 selling off its assets in Canadian tar sands, and securing rights to develop a gigantic offshore wind farm off the coast of New York State. According to The Motley Fool, the company bid $42.47 million for the lease in 79,350 acres of water, and expects to eventually build turbines with a capacity of 1GW there. (The initial construction plans will most likely be closer to the 400-600MW...

Full article: http://www.care2.com/causes/oil-giant-quits-tar-sands-emb...

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Oil giant quits tar sands, embraces offshore wind instead

Oil giant quits tar sands, embraces offshore wi...

treehugger.com 27 Dec '16, 4pm

The trouble with divesting from fossil fuels, say critics, is that other, less scrupulous investors will just jump in and ...

Petroleum giant abandons tar sands in favor of wind power

Petroleum giant abandons tar sands in favor of ...

inhabitat.com 29 Dec '16, 1pm

According to CleanTechnica, the opportunity to develop the wind facility and provide power so close to New York City made ...

EIA Toots US Wind Energy Horn With Offshore Lea...

cleantechnica.com 02 Jan '17, 3pm

The emergence of commercial-ready wind technology provided an alternative, though electricity from the new wind farm is al...

The @windpower_m Turbines of the year: #Offshor...

windpowermonthly.com 01 Jan '17, 7am

The 7MW SWT-7.0-154 (or D7) enjoys huge market demand, supported by an advanced mature supply chain already (partly) in op...

This could be the end of Canadian tar sands

This could be the end of Canadian tar sands

grist.org 12 Jan '17, 6pm

The Canadian oil sands are one of the world’s largest sources of climate pollution and America’s biggest source of importe...

Statoil Bails On Canadian Tar Sands Oil, Dives ...

cleantechnica.com 19 Dec '16, 3pm

Norway’s state-owned Statoil oil and gas company won the right to develop an offshore wind farm in US waters last week, pr...

Offshore wind hits new investment high

Offshore wind hits new investment high

windpowermonthly.com 12 Jan '17, 12pm

Globally, investment in offshore wind totalled $29.9bn in 2016, up 40% on a year earlier. Dong Energy's final investment d...

Rescued by Wheelbarrow, Giant Dog Kisses His Hero

Rescued by Wheelbarrow, Giant Dog Kisses His Hero

care2.com 02 Jan '17, 1am

SARAJEVO — Poochie (more widely known by his nickname King) was found on the street and put into a Bosnian dog pound where...

via @nrdc

nrdc.org 10 Jan '17, 8pm

In a stunning development for clean energy in New York State, Governor Andrew Cuomo announced today that New York plans to...

New Jersey Offshore Wind Energy Not Dead, Christie Or No Christie

New Jersey Offshore Wind Energy Not Dead, Chris...

cleantechnica.com 05 Jan '17, 5pm

If New Jersey Governor Chris Christie was serious about killing New Jersey’s prospects for offshore wind energy, he got wh...

Federal EV Tax Credit Under Attack By Oil Gluttons

Federal EV Tax Credit Under Attack By Oil Gluttons

gas2.org 31 Dec '16, 1pm

To be fair, the federal EV tax credit may not be the most efficient use of tax dollars to promote electric cars. Perhaps u...

Kazakhstan scientist invents new, more powerful, wind turbine

Kazakhstan scientist invents new, more powerful...

renewableenergymagazine.com 30 Dec '16, 1pm

Mr. Issekeyev, who holds a PhD degree in Engineering, has won the Future Energy national competition held throughout the y...

First Turbine Installed at 402-MW Dudgeon Offsh...

renewableenergyworld.com 13 Jan '17, 1pm

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